Budget analysts

Detailed Occupation

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2024 Workforce

55.7k

Average Age

45.4

Estimated Job Growth

1.19%

10-year projection

Average Salary

$98,875

Average Male Salary

$108,880

Average Female Salary

$92,460

About

Budget analysts are most often employed by the National security & international affairs industry. The average yearly wage for Budget analysts was $98,875 in 2024.

The locations that employ the most Budget analysts are East Prince George's County--Bowie City, Kettering & Largo PUMA, MD, Albany County (Outside Albany City) PUMA, NY, and District of Columbia (Northeast) PUMA, DC. The locations with a relatively high concentration of Budget analysts are East Prince George's County--Bowie City, Kettering & Largo PUMA, MD, Limestone County PUMA, AL, and District of Columbia (Northeast) PUMA, DC.

Photo by Ken Teegardin

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

Employment

Employment and salary information for the Budget analysts workforce. Budget analysts workforce in 2024 was 55,692 people, of which 60.9% were women and 39.1% were men.

Budget analysts are paid most in Fairfax County (Central)--Fairfax City & Burke PUMA, VA but are relatively concentrated in East Prince George's County--Bowie City, Kettering & Largo PUMA, MD.

Employment Over Time

Metric

Grouping

21,759

Male Workforce

± 3.62k

33,933

Female Workforce

± 4.52k

The Budget analysts workforce in 2024 was 55,692 people (60.9% women and 39.1% men). This implies an average annual growth of 17.6% between 2014 (47,375) and 2024 (55,692).

Employment by Location

Level

Metric

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

During 2024, the states that concentrated the best average annual wage were Maryland ($124,218), Virginia ($123,232), and District of Columbia ($122,308).

Yearly Wage Ranking

$98,875

AVERAGE WAGE

#79 in the ranking (2014)

$69,878

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2024, Budget analysts earned an average of $98,875, $28,998 more than the average national salary of $69,878

The graph shows the ranking of Budget analysts in relation to all Detailed Occupation in 2014.

In 2024, Budget analysts had a wage GINI coefficient of 0.268, which is lower than the national average of 0.474. 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 Broadcasting & content providers ($199,694).

Occupations by Industries

Metric

Value

55.7k

2024 Workforce

± 5,793

0.122%

1 YEAR GROWTH

± 14.7%

This graphic shows the share of Budget analysts employed by various industries. National security & international affairs employs the largest share of Budget analysts at 36.9%, followed by Colleges, universities & professional schools, including junior colleges with 23.9% and Public finance activities with 19.7%.

Diversity

Demographic information on Budget analysts in the US. The workforce of Budget analysts in 2024 was 55,692 people, with 60.9% woman, and 39.1% men. The average age of male Budget analysts in the workforce is 44.2 and of female Budget analysts is 46.2, and the most common race/ethnicity for Budget analysts is White.

Gender and Age

Metric

The workforce of Budget analysts in 2024 was 55,692 people, with 60.9% woman, and 39.1% men.

The age ranges that concentrated the largest workforce were 35 to 39 years (7,692 people), 50 to 54 years (7,188 people), and 55 to 59 years (7,013 people). Among them they concentrated 39.5% of the total workforce.

Ethnicity

Gender

In 2024, 12.3% of Budget analysts workers were Hispanic and 87.7% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (48.5%), Puerto Rican (17.4)%, and All Other Spanish/Hispanic/Latino (8.22)%

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

Races

In 2024, 61.1% of the Budget analysts workforce were White, of which 57.4% were women and 42.6% men. Other races that concentrated a significant number of workers were Black (16.8%) and Two or More Races (9.46%).

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 2024 were Business.

Among the necessary skills for Budget analysts, Mathematics 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 2024 (counting all academic degrees) were Business (20,673 people), Social Sciences (5,121 people), and Engineering (1,966 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 (25,555 people), Graduate Degree (17,361 people), and Some college (6,330 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 Mathematics, Critical Thinking, Reading Comprehension.

Projections

Projections on job growth for Budget Analysts from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.07%, but Budget Analysts are expected to see a growth of 1.19% over the same period. This occupation is expected to grow less than the national average.

Job Growth

1.19%

Estimated Job Growth

10-year Projection

3.07%

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 3.07%, the average rate of national job growth.