Budget Analysts
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Overview
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Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
Titles for this career often contain these words
AnalystBudgetOfficerCostFiscalAccountingSupervisorCoordinatorEngineerExaminerSpecialistAccountantFinancialServicesAgentManagementPolicyProgramStaff
Education
About 76% of budget analysts have at least a bachelor's degree.
Education attained by budget analysts
None
High School
Some College
Associate's/Cert.
Bachelor's Degree
Master's Degree
Professional Degree
Doctorate
Context: workers with bachelor's degrees
More budget analysts have bachelor's degrees than 83% of other careeers.
Employment
Workforce size
Budget analysts, with 56,900 workers, are near the middle of all careers in the number employed.
Predicted employment growth
Over the next decade, jobs for budget analysts are expected to grow by 4%, and should have about 4,800 job openings a year.
Safety from automation
Budget analysts are more likely to be automated than 83% of other careers.
Salaries
Context: Median Salary
How do salaries for budget analysts compare to other jobs' salaries?
Distribution: What salary can you expect?
See what most budget analysts earn.
$77K$0$20K$40K$60K$80K$100K$120K
Gender
Women account for 62% of budget analysts -- that's a larger percentage than 74% of other jobs.
Gender of budget analysts
Men
Women
Context: Salary inequity
For each career, we compared the median (middle) men's salary to the median women's salary. For budget analysts, the median men's salary was 13% more the median woman's salary.
Race/Origin
About 29% of budget analysts are minority, and 13% are foreign-born.
Race/origin of budget analysts
White
Black
Pacific Islander
Hispanic
Asian
American Indian
Multiracial
Other
Context: Foreign-born workers (13%)
Where are the most jobs?
We ranked the number of jobs in Budget Analysts per thousand workers in each state, DC, and Puerto Rico. Blue indicates low density, with lighter shades moving to yellow indicating higher numbers working in this profession.
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Benefits
How do benefits for this career compare to other jobs?
Context: Employer offers health insurance
Context: Employer offers a pension plan
Worker concerns
Some jobs are more stressful than others, and some are just plain dangerous. The following list gives the percentages of budget analysts who report hazardous or difficult situations typically occurring at least once a week.
  • Time Pressure (76%)
  • Consequence of Error (42%)
SOURCES:
Salary and diversity
What do budget analysts earn?
The Bureau of Labor Statistics (BLS) provides company-reported job titles and corresonding salaries. This data excludes self-employed workers.
Distribution: Salaries for budget analysts (BLS Salary Data)
$77K$0$50K$100K$150K
Context: Median salaries across careers (BLS Salary Data)
$77K$0$50K$100K$150K
The American Community Survey (ACS) asks individuals to report their occupation and salary, and as such includes self-employed workers.
Distribution: Salaries for budget analysts (ACS Salary Data)
$75K$0$50K$100K$150K
Context: Median salaries across careers (ACS Salary Data)
$75K$0$50K$100K$150K
Budget Analysts: Inflation-adjusted salary trend
This job's median $76KAll jobs' median $45K$76K$44K070809101112131415161718$0$50K$100K$150K
A look at employers and corresponding salaries
The donut shares the break-down of workers by employer type, giving us a picture of what employers most typically hire budget analysts.
Employers of Budget Analysts (ACS)
Private for-profit (33.7%)
Private not-for-profit (6.1%)
Local government (11.3%)
State government (16.3%)
Federal government (32.1%)
Self-employed incorporated (0.1%)
Self-employed not incorporated (0.4%)
Working without pay (0.0%)
Distribution: Salaries of budget analysts by type of employer (ACS data)
Following are the salary distributions by employer type calculated by aggregating individual household survey responses.
$75K$86K$68K$70K$75K$61K$139K$0$50,000$100,000$150,000$200,000Self-employed incorporatedFederal governmentState governmentLocal governmentPrivate not-for-profitPrivate for-profitAll
Distribution: Salaries of budget analysts by type of employer (BLS data)
Following are the salary distributions by employer type as reported by BLS based on large employer-focused surveys. We note that smaller employer categories are not included by BLS.
$77K$0$20,000$40,000$60,000$80,000$100,000$120,000All

We only include salary data when the survey error is less than 20%, so you may see only partial information for some categories.

Salary growth for budget analysts

Is this a job that rewards experience, or is this job most likely a part of a career ladder? The higher a job's experience quotient, the more experience is rewarded with pay increases. Jobs in the green range have the best rewards with experience.

Take a minute to look at how much you might expect your salary to increase with each five years' experience, as well as how the numbers working at each age change. Does this seem to be a job for the young or the old, or could it be a career offering steady salary growth for many years?

Salary distribution
$58K$80K$80K$82K$84K$82K$81K$38K$67K$0$50K$100K$150K20-2425-2930-3435-3940-4445-4950-5455-5960-64
Number employed
02K4K6K8K20-2425-2930-3435-3940-4445-4950-5455-5960-64

We only include salary data when the survey error is less than 20%, so you may see only partial information for some categories.

Budget analysts and gender

With 62% women, this occupation has a higher percentage of women than 74% of careers.

Context: Women in the workforce
62%0%20%40%60%80%100%
Gender of Budget analysts
Men (38%)
Women (62%)
Distribution: Salaries by gender

The median salary for all full-time male workers in the US exceeds the full-time median salary for women by 19%. The situation is a little better for budget analysts, with the median salary for men 13% higher than the median salary for women.

$72K$82K$0$50K$100K$150KWomenMen
Context: Salary Inequity

The chart below shows the salary inequity, the percentage by which the median men's salary is higher than the median women's salary for all but about 20 jobs in which women typically earn more than men.

13%0%20%40%60%80%100%

We only include salary data when the survey error is less than 20%, so you may see only partial information for some categories.

Race and origin of budget analysts

Here we check out the diversity of origin in this career. There is a higher percentage of minority budget analysts than for 83% of other careers. The percentage of foreign-born workers in this career is near the middle of all careers.

Race/origin of budget analysts
White (70% )
Black (16% )
Asian (9% )
Multiracial (2% )
Other (2% )
Hispanic (1% )
American Indian (1% )
Pacific Islander (0% )
Context: Representation of minorities in the workforce
29%0%20%40%60%80%100%
Context: Representation of foreign-born workers
13%0%20%40%60%80%100%
Distribution: Salaries for budget analysts by race/origin

For some careers, there is a pay disparity depending on race or origin, though this is not prevalent. We calculate standard errors for all of our calculations, and when the error is high we do not show results. Therefore, for some jobs will have omitted race/origin categories.

$59K$74K$75K$77K$80K$0$50K$100K$150KOtherBlackWhiteAsianMultiracial
Distribution: Salaries for budget analysts by nativity
$74K$80K$0$50K$100K$150KAll native citizensAll foreign-born

We only include salary data when the survey error is less than 20%, so you may see only partial information for some categories.

Budget analysts and Part-time/Full-time employment

We've found that somes jobs hava a huge number of part-time workers, and that typically most who are working part-time are doing so because they cannot find full-time work or the job they have cannot provide full-time hours. With 3% part-time workers, this occupation has a lower percentage of part-time workers than 89% of careers.

Context: Part-time workers in the workforce
3%0%20%40%60%80%100%
Why workers are part-time
Full-Time is less than 35 hours a week
Retired/Social Security limit on earnings
Could not find full-time work
Seasonal work
Slack work/business conditions
School/training
Health/medical limitations
Child care problems
Other family/personal obligations
Other reasons
Distribution: Salaries by part-time/full-time status

We only have enough data to accuarately show the salary distribution for full-time workers.

$75K$0$50K$100K$150KFull-time workers
Pathways to this career
Education attained by budget analysts

According to the Bureau of Labor Statistics (BLS), budget analysts typically hold a bachelor's degree.

Sometimes the typical education identified by the BLS differs a bit from the reality of the how much education current workers actually have. The donut shows the education level held by people currently working as budget analysts as reported in responses to the American Community Survey.

Details: Education and training recommended for budget analysts

Employers generally require budget analysts to have at least a bachelor's degree. Because developing a budget requires strong numerical and analytical skills, courses in accounting, economics, and statistics are helpful. Federal, state, and local governments have varying requirements, but usually require a bachelor's degree in one of many areas, such as accounting, finance, business, public administration, economics, statistics, political science, or sociology.

Sometimes, budget-related or finance-related work experience can be substituted for formal education.

Details: Licensing and certification recommended for budget analysts

Government budget analysts may earn the Certified Government Financial Manager credential from the Association of Government Accountants. To earn this certification, candidates must have a minimum of a bachelor’s degree, 24 credit hours of study in financial management, and 2 years of professional-level experience in governmental financial management. They must also pass a series of exams. To keep the certification, budget analysts must take 80 hours of continuing education every 2 years.

Education attained by budget analysts
None
High School
Some College
Associate's/Cert.
Bachelor's Degree
Master's Degree
Professional Degree
Doctorate
Distribution: Salary by education level

What level of education is truly needed for budget analysts? Below we see the distribution of budget analysts salaries based on the education attained.

$59K$60K$64K$70K$74K$87K$66K$110K$0$50K$100K$150KNone (1%)High School (6%)Some College (11%)Associate's/Cert. (7%)Bachelor's Degree (44%)Master's Degree (29%)Professional Degree (2%)Doctorate (1%)

We only include salary data when the survey error is less than 20%, so you may see only partial information for some categories.

College majors held by budget analysts

This table shows the college majors held by people working as budget analysts.

If you see "**" before the name of a degree/program, that means this field is one that the Department of Education believes is preparatory for this career. However, you can see from this list that those recommendations are far from your only path to this job!

Percentage of Budget analysts with this degree
Salary for all majors
Salary distribution (across jobs). Showing 0-$200,000.
Median
Middle 50%
Middle 80%
Education
Final education level of all people with this major
Bachelor's Degree
Master's Degree
Doctorate/Professional
Gender
Gender of people this bachelor's degree
Men
Women
The link between degrees and careers

With the following sankey diagram, you can follow the top ten bachelor's degrees held by people working as budget analysts, and then, in turn, you can see the 10 occupations that hire the most of each degree's graduates. We hope this provides ideas for similar jobs and similar fields of study.

Specialized ManagersAccountants and AuditorsFinancial ManagersFirst-Line Supervisors of...Wholesale and Manufacturi...Chief executives and legi...Labor Relations Specialis...First-Line Supervisors of...Customer Service Represen...Elementary and Middle Sch...Lawyers, and judges, magi...First-Line Supervisors of...Bookkeeping, Accounting, ...Financial and Investment ...Personal Financial Adviso...Securities, Commodities, ...Loan OfficersRetail SalespersonsManagement AnalystsPostsecondary TeachersEducation and childcare a...Paralegals and Legal Assi...Marketing ManagersSales ManagersMarket Research Analysts ...Sales Representatives of ...Specialized Social Worker...Educational, Guidance, an...Specialized PsychologistsRegistered NursesSoftware DevelopersSecondary School TeachersComputer ProgrammersComputer and Information ...Computer Systems AnalystsActuariesBusiness Management andAdministrationAccountingFinanceGeneral BusinessEconomicsPolitical Science andGovernmentMarketingPsychologyMathematicsHistoryAll other degreesThis jobTop 10 majorsEach major's top ten jobs
What college major is your best entry?

About 76% of people working as budget analysts have at least a bachelor's degree. Each dot represents a college major leading to these jobs, with the dots to the right representing the majors sending the most of their grads into this career. The dots at the top are the majors who earn the most working in this career.

Darker colors have a larger percentage with graduate degreesOverall median salary0.0%2.0%4.0%6.0%8.0%10.0%12.0%14.0%16.0%Percentage with this major$40,000$50,000$60,000$70,000$80,000$90,000$100,000$110,000$120,000$130,000$140,000$150,000Median salary with this major
Switching Careers
The most common next careers for budget analysts

What jobs will most budget analysts hold next year?

The data in this chart comes from person interviews for the Census Bureau's Current Population Survey. The survey interviews households eight times over a two-year period, allowing us a glimpse into how people move from job to job. You can see more details from the results of the survey in our last tab in this section, and you can read about our methodology in our source descriptions.

Here we see all of the jobs that at least 1% of budget analysts reported holding in their second year's survey. Is your future job on this list?

Budget AnalystsFinancial ManagersFinancial and Investment Analysts and SpecialistsAccountants and AuditorsOperations Research AnalystsOffice and administrative support workers, all otherManagement AnalystsWholesale and Manufacturing Sales RepresentativesPersonal Financial AdvisorsPurchasing ManagersGeneral Office ClerksFinancial and Investment AnalystsChief executives and legislatorsTransportation, Storage, and Distribution Managers
Lateral job transitions for budget analysts

A lateral career transition is a move to a job with similar pay and responsibilities. A move to such a job can offer a change of pace without an increase in stress or a decrease in pay. The following table simply identifies all 6 jobs which were held by at least 1% of survey respondents before working as budget analysts as well as 1% of respondents after working as budget analysts. Select a row to investigate the job's full description and determine if it truly offers an opportunity for a lateral transition.

Employed
How many people have this job?
Salary
Salary distribution for people in this occupation. Range is 0-$200,000.
Median
Middle 50%
Middle 80%
Education
No degree
Associate's/Cert.
Bachelor's Degree
Master's Degree
Doctorate/Professional
Gender
Men
Women
Prior and next careers for budget analysts: full listings

What do people typically do before and after they work as budget analysts? Here are the full lists of all jobs that at least 1% of budget analysts surveyed reported as holding a year earlier or later.

Choose which type of transition to view
Prior jobs
Next jobs
Variation by state
State-by-state employment numbers

Some careers tend to be centered in specific parts of the country. For example, most jobs in fashion are in New York or California. Let's see if your dream job is easy to find in your dream location! We have a few choices for viewing the data that can help you get a full employment picture.

Job density versus job count

Which states hire the most budget analysts? We wonder if that's a fair question since states come in all sizes, so instead let's start with the question of which states have the highest density of people working as budget analysts. You can choose to view the number of jobs per state if you prefer.

BLS vs ACS data

This map defaults to employment information from the Bureau of Labor Statistics (BLS), which provides job totals carefully compiled for accuracy and with a primary focus on how employers describe their workers. The BLS job totals do not count self-employed workers. We've also compiled totals using the Census Bureau's American Community Survey (ACS) which are based on how workers describe themselves. Sometimes ACS results are quite a bit different from the employer-based BLS data.

Choose the metric to review
Jobs per 1000 working
Number of jobs
Use this data source
BLS
Number of Budget Analysts per 1,000 workers (BLS)
Select a state to see local area details
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0.01.02.03.0
Salaries by state
Let's get a feel for where budget analysts earn the highest salaries. There are several choices for which data we consider and how we view that data, and each can lead to different conclusions, so please read on...
Median salary versus state ratio

We use two methods to compare salaries across states:

  • In-state comparisons: the ratio of median (middle) salaries for budget analysts compared to the median salary for all people working in each state, or
  • Median salary: the unaltered median salaries for budget analysts.

We hope the ratio allows perspective about how salaries may compare to the regional cost-of-living.

BLS vs ACS data

We have two sources for statewide salary information with important distinctions. The BLS data is created by surveying companies, missing individuals who are self-employed or work for smaller companies. The ACS data is compiled from multi-faceted household surveys and may reflect the inconsistencies that people may have in reporting information.

Choose the metric to review
Location-adjusted median salary
Median salary
Use this data source
BLS
Location-adjusted median salary for Budget Analysts (BLS)
The darkest shading corresponds to states in which budget analysts earn the highest salary when compared to other jobs in the state. We think this ratio might be a better indicator than the actual salary for your buying power as a state resident.
Select a state to see local area details
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$0$20K$40K$60K$80K$100K
Compare to similar jobs

If this job interests you, then use the tabs and education selector to find other careers that might be a good fit for you.

How should the career similarity be computed?

There are a number of ways to measure the similarity of jobs, here are a few we provide:

  • Interests: Also known as a Holland Code - Are you a thinker? A helper? What fits your personality?
  • Environment: Are there hazards? Will you be comfortable? Will it be stressful?
  • Knowledge: What do you need to know the most about?
  • Physical Abilities: Do you need to especially strong or coordinated?