Budget analysts

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Total Workforce

51.4k

Average Age

44.2

Average Salary

$81,501

Average Male Salary

$90,564

Average Female Salary

$76,174

About

Budget analysts are most often employed by the National security & international affairs industry. The average yearly wage for Budget analysts was $81,501 in 2016. The top 3 most similar occupations to Budget analysts by wage are Environmental engineers, Electrical powerline installers & repairers, and Marine engineers & naval architects.

Budget analysts are part of the Business & financial operations occupations, along with Agents & business managers of artists, performers, & athletes, Buyers & purchasing agents, farm products, Wholesale & retail buyers, except farm products, Purchasing agents, except wholesale, retail, & farm products, Claims adjusters, appraisers, examiners, & investigators, and 24 more.

The top 3 locations that employ the most Budget analysts are Sterling & Ashburn (Northeast/Ashburn Village) PUMA, VA, Woodlawn, Rose Hill & Mount Vernon PUMA, VA, and McLean & Idylwood PUMA, VA. The top 3 locations with a relatively high concentration of Budget analysts are Sterling & Ashburn (Northeast/Ashburn Village) PUMA, VA, Woodlawn, Rose Hill & Mount Vernon PUMA, VA, and McLean & Idylwood PUMA, VA.

Photo by Ken Teegardin

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

Employment

Information on the businesses and industries that employ Budget analysts and on wages and locations 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 Securities, commodities, funds, trusts & other financial investments. Budget analysts are paid most in Bowie City, Kettering, Largo, Mitchellville & Lanham PUMA, MD but are relatively concentrated in Sterling & Ashburn (Northeast/Ashburn Village) PUMA, VA.

Wages

Yearly Wage

$81,501

AVERAGE SALARY

± $4,405

In 2018, Budget analysts earned an average of $81,501, $27,612 more than than the average national salary of $53,888.

Electrical powerline installers & repairers make somewhat more than Budget analysts while Environmental engineers make somewhat less. This chart shows the various occupations closest to Budget analysts as measured by average annual salary in the US.

Wage Distribution

0.256

WAGE GINI

In 2017, Budget analysts had a wage GINI coefficient of 0.256, which is lower than than the national average of 0.479. In other words, wages are distributed more evenly for Budget analysts (shown in red) than for the overall labor force (shown in gray).

Wage by Location

HIGHEST PAYING PUMAS

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Budget analysts.

Spatial Concentration

PUMAs with a Relatively High Concentration of Budget analysts

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Budget analysts.

Industries

Most Common

The most common industries employing Budget analysts, by number of employees, are National security & international affairs, Executive offices & legislative bodies, and Administration of human resource programs.

Highest Paying

The highest paying industries for Budget analysts, by average wage, are Pharmaceutical & medicine manufacturing, Computer Systems Design, Management, scientific & technical consulting services, Securities, commodities, funds, trusts & other financial investments, Motor vehicles & motor vehicle equipment manufacturing, and Electric power generation, transmission & distribution.

Industries by Share

51.4k

2018 Workforce

± 5,566

8.63%

1 YEAR GROWTH

± 14.4%

The number of people employed as Budget analysts has been growing at a rate of 8.63%, from 47,321 people in 2017 to 51,406 people in 2018.

This graphic shows the share of Budget analysts employed by various industries. National security & international affairs employs the largest share of Budget analysts at 13.7%, followed by Executive offices & legislative bodies with 9.37% and Administration of human resource programs with 5.25%.

Diversity

Demographic information on Budget analysts in the US. The average age of male Budget analysts in the workforce is 43.7 and of female Budget analysts is 44.5, and the most common race/ethnicity for Budget analysts is White (Non-Hispanic).

Gender Composition

19k

MALE WORKFORCE

± 3,387

32.4k

FEMALE WORKFORCE

± 4,417

63% of Budget analysts are Female, making them the more common gender in the occupation. This chart shows the gender breakdown of Budget analysts.

Race & Ethnicity

Most Common Race or Ethnicity of Budget analysts

White (Non-Hispanic)
Black (Non-Hispanic)
Asian (Non-Hispanic)

66.2% of Budget analysts are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 15.5% of Budget analysts, Black (Non-Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Budget analysts.

Age by Gender

43.7

AVERAGE MALE AGE

± 2.28

44.5

AVERAGE FEMALE AGE

± 1.59

The median age of Budget analysts is 44.2, and Male employees are generally 0.821 years younger than than their Female counterparts.

Education

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 a relatively high number of Budget analysts hold a major in Business.

Majors

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

MOST COMMON MAJORS

MOST SPECIALIZED MAJORS

Skills

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, and Critical Thinking. The revealed comparative advantage (RCA) shows that Budget analysts need more than the average amount of Management of Financial Resources, Operations Analysis, and Mathematics.