Budget analysts

Detailed Occupation

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2021 Workforce

53.4k

Average Age

45.3

Estimated Job Growth

3.43%

10-year projection

Average Salary

$89,908

Average Male Salary

$101,104

Average Female Salary

$82,568

About

Budget analysts are most often employed by the National security & international affairs industry. The average yearly wage for Budget analysts was $89,908 in 2021.

The locations that employ the most Budget analysts are Bowie City, Kettering, Largo, Mitchellville & Lanham PUMA, MD, St. Mary's & Calvert Counties PUMA, MD, and George Washington Regional Commission (North) PUMA, VA. The locations with a relatively high concentration of Budget analysts are Huntsville City (Central & South) PUMA, AL, Bowie City, Kettering, Largo, Mitchellville & Lanham PUMA, MD, and Arlington County (North) PUMA, VA.

Photo by Ken Teegardin

Management, business, & financial occupations Management, business, science, & arts occupations Business & financial operations occupations

Employment and salary information for the Budget analysts workforce. Budget analysts workforce in 2021 was 53,392 people, of which 60.4% were women and 39.6% were men. Budget analysts are paid most in Leesburg Town PUMA, VA but are relatively concentrated in Huntsville City (Central & South) PUMA, AL.

Employment Over Time

Metric

Grouping

21,143

Male Workforce

± 3.57k

32,249

Female Workforce

± 4.41k

The Budget analysts workforce in 2021 was 53,392 people (60.4% women and 39.6% men). This implies an average annual growth of 14% between 2014 (46,838) and 2021 (53,392).

Employment by Location

Level

Metric

This map shows the states in the United States shaded by average wage for Budget analysts.

During 2021, the states that concentrated the best average annual wage were Utah ($160,544), Connecticut ($114,760), and Maryland ($114,516).

Yearly Wage Ranking

$89,908

AVERAGE WAGE

#83 in the ranking (2021)

$59,596

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2021, Budget analysts earned an average of $89,908, $30,312 more than the average national salary of $59,596

The graph shows the ranking of Budget analysts in relation to all Detailed Occupation in 2021.

Wage Distribution

Gender

0.263

WAGE GINI

In 2021, Budget analysts had a wage GINI coefficient of 0.263, which is lower than the national average of 0.478. In other words, wages are distributed more evenly for Budget analysts (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for Budget analysts compared to the entire workforce in the country.

Industry

Information on the industries that employ Budget analysts and on wages for those in the field. National security & international affairs is the industry that employs the most Budget analysts, both by share and by number, though the highest paid industry for Budget analysts, by average wage, is Electronic shopping and mail-order houses ($184,777).

Occupations by Industries

Metric

Value

53.4k

2021 Workforce

± 5,672

4.42%

1 YEAR GROWTH

± 14.5%

This graphic shows the share of Budget analysts employed by various industries. National security & international affairs employs the largest share of Budget analysts at 50.2%, followed by Executive offices & legislative bodies with 25.6% and Public finance activities with 24.2%.

Diversity

Demographic information on Budget analysts in the US. The workforce of Budget analysts in 2021 was 53,392 people, with 60.4% woman, and 39.6% men. The average age of male Budget analysts in the workforce is 44.6 and of female Budget analysts is 45.7, and the most common race/ethnicity for Budget analysts is White.

Gender and Age

Metric

The workforce of Budget analysts in 2021 was 53,392 people, with 60.4% woman, and 39.6% men.

The age ranges that concentrated the largest workforce were 50 to 54 years (7,450 people), 35 to 39 years (7,381 people), and 55 to 59 years (6,918 people). Among them they concentrated 40.9% of the total workforce.

Ethnicity

Gender

In 2021, 10.4% of Budget analysts workers were Hispanic and 89.6% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (67%), Puerto Rican (23.1)%, and All Other Spanish/Hispanic/Latino (9.91)%

You can review this information by gender using the selectors above.

Races

In 2021, 68.3% of the Budget analysts workforce were White, of which 56.1% were women and 43.9% men. Other races that concentrated a significant number of workers were Black (15.4%) and Asian (8.56%).

Education & Skills

Data on higher education choices for Budget analysts from The Department of Education and Census Bureau. The most common major for Budget analysts is Business but the most specialized major according to RCA in 2021 were Business.

Among the necessary skills for Budget analysts, Active Listening stands, but the revealed comparative advantage (RCA) shows that Budget analysts need more than the average amount of Management of Financial Resources.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

Type of Majors

Degree

The most common majors achieved by Budget analysts in 2021 (counting all academic degrees) were Business (19,779 people), Social Sciences (4,778 people), and Engineering (1,833 people).

You can review this information for different academic grades by modifying the option selected in the selector above.

Education Levels

Metric

The main educational levels achieved by the Budget analysts workers were Bachelors Degree (23,393 people), Graduate Degree (17,034 people), and Some college (6,572 people).

The graphic shows the Budget analysts workforce by gender and educational level.

Skills

Chart

Value

Data on the critical and distinctive skills necessary for Budget analysts from the Bureau of Labor Statistics. Budget analysts need many skills, but most especially Active Listening, Reading Comprehension, Critical Thinking.

Projections

Projections on job growth for Budget Analysts from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.71%, but Budget Analysts are expected to see a growth of 3.43% over the same period. This occupation is expected to grow less than the national average.

Job Growth

3.43%

Estimated Job Growth

10-year Projection

3.71%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Budget analysts. This profession is expected to grow less than than 3.71%, the average rate of national job growth.