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Career overview · SOC 13-2031

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

Also called: Budget Analyst · Budget and Policy Analyst · Budget Coordinator · Budget Officer · Budget Planning Analyst · Cost Analyst

Median pay (national)
$87,930
$60,510–$134,640 (10th–90th)
Employed (US)
47,170
BLS OEWS, May 2024
Outlook 2024–34
+1%
~3,100 openings/yr
Typical entry
Bachelor's degree

What the numbers say

Refit analysis ·Pay for budget analysts shows a broad range: the top 10% earn $134,640 versus $60,510 at the bottom 10% — 2.2x. The median of $87,930 leaves roughly 53% of headroom to the 90th percentile, which is where seniority, specialization, and the skills below tend to pay off.
Refit analysis ·Employment is projected to change +1% from 2024 to 2034 — slower than the 3% all-occupation average. Even so, BLS projects about 3,100 openings a year, mostly to replace workers who retire or change careers.
Refit analysis ·Where you work moves the number a lot. Across the 53 states with released data, District of Columbia pays the most for this role (median $117,960, +34% vs the national median), while Puerto Rico sits lowest at $48,380 — a 144% spread for the same job title.
Refit analysis ·O*NET rates Mathematics, Critical Thinking, Reading Comprehension as the highest-importance skills here — so a resume aimed at this role should lead with evidence of those, not a generic skills list. On the tools side, O*NET flags Microsoft Access, Microsoft Excel, Microsoft Office software, Microsoft Outlook as in-demand technologies for this role.

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Top skills employers ask for

Ranked by O*NET importance for this occupation.

  • Mathematics
  • Critical Thinking
  • Reading Comprehension
  • Active Listening
  • Speaking
  • Active Learning
  • Writing
  • Monitoring
  • Learning Strategies
  • Science

What they actually do

Core O*NET tasks for this role.

  • Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
  • Review operating budgets to analyze trends affecting budget needs.
  • Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
  • Direct the preparation of regular and special budget reports.
  • Match appropriations for specific programs with appropriations for broader programs, including items for emergency funds.
  • Seek new ways to improve efficiency and increase profits.
  • Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
  • Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
  • Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
  • Consult with managers to ensure that budget adjustments are made in accordance with program changes.

Tools & technology

  • Microsoft Access
  • Microsoft Excel
  • Microsoft Office software
  • Microsoft Outlook
  • Microsoft Power BI
  • Microsoft PowerPoint
  • Microsoft Word
  • SAP software
  • Microsoft Visual Basic
  • Structured query language SQL
  • Adaptive Planning
  • Budget monitoring systems
  • Budgeting, forecasting, and planning software
  • Business Objects Data Integrator
  • Business performance management BPM software
  • Deltek Costpoint

Knowledge areas

  • Economics and Accounting
  • Mathematics
  • English Language
  • Administration and Management
  • Administrative
  • Computers and Electronics
  • Customer and Personal Service
  • Law and Government