Budget analysts

About

Budget analysts are most often employed by the National security & international affairs industry. The average yearly wage for Budget analysts was $85,672 in 2020.

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 Huntsville (North) & Madison (East) Cities PUMA, AL. The locations with a relatively high concentration of Budget analysts are Bowie City, Kettering, Largo, Mitchellville & Lanham PUMA, MD, Huntsville (North) & Madison (East) Cities PUMA, AL, and St. Mary's & Calvert Counties PUMA, MD.

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 2020 was 51,134 people, of which 61.3% were women and 38.7% were men. Budget analysts are paid most in Sterling & Ashburn (Northeast/Ashburn Village) PUMA, VA but are relatively concentrated in Bowie City, Kettering, Largo, Mitchellville & Lanham PUMA, MD.

Employment Over Time

Metric

Grouping

19,784

Male Workforce

± 3.45k

31,350

Female Workforce

± 4.35k

The Budget analysts workforce in 2020 was 51,134 people (61.3% women and 38.7% men). This implies an average annual growth of 9.17% between 2014 (46,838) and 2020 (51,134).

Employment by Location

Level

Metric

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

During 2020, the states that concentrated the best average annual wage were Utah ($158,376), Maryland ($106,338), and Connecticut ($105,839).

Yearly Wage Ranking

$85,672

AVERAGE WAGE

#82 in the ranking (2020)

$55,954

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2020, Budget analysts earned an average of $85,672, $29,718 more than the average national salary of $55,954

The graph shows the ranking of Budget analysts in relation to all Detailed Occupation in 2020.

Wage Distribution

Gender

0.255

WAGE GINI

In 2020, Budget analysts had a wage GINI coefficient of 0.255, 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 Navigational, measuring, electromedical, & control instruments manufacturing ($136,339).

Occupations by Industries

Metric

Value

51.1k

2020 Workforce

± 5,551

4.05%

1 YEAR GROWTH

± 14.9%

This graphic shows the share of Budget analysts employed by various industries. National security & international affairs employs the largest share of Budget analysts at 48.8%, followed by Colleges, universities & professional schools, including junior colleges with 26.1% and Executive offices & legislative bodies with 25.1%.

Diversity

Demographic information on Budget analysts in the US. The workforce of Budget analysts in 2020 was 51,134 people, with 61.3% woman, and 38.7% men. The average age of male Budget analysts in the workforce is 44.2 and of female Budget analysts is 45.6, and the most common race/ethnicity for Budget analysts is White.

Gender and Age

Metric

The workforce of Budget analysts in 2020 was 51,134 people, with 61.3% woman, and 38.7% men.

The age ranges that concentrated the largest workforce were 50 to 54 years (7,063 people), 35 to 39 years (6,971 people), and 55 to 59 years (6,949 people). Among them they concentrated 41.3% of the total workforce.

Ethnicity

Gender

In 2020, 9.73% of Budget analysts workers were Hispanic and 90.3% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (65.9%), Puerto Rican (25.4)%, and All Other Spanish/Hispanic/Latino (8.73)%

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

Races

In 2020, 69.3% of the Budget analysts workforce were White, of which 57.7% were women and 42.3% men. Other races that concentrated a significant number of workers were Black (16.9%) and Asian (8.54%).

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 2020 were Math & Statistics.

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 2020 (counting all academic degrees) were Business (19,269 people), Social Sciences (4,683 people), and Engineering (1,675 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 (22,364 people), Graduate Degree (16,163 people), and Some college (6,629 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.

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