How much does a Budget Analyst I make in the United States? The average Budget Analyst I salary in the United States is $65,188 as of February 26, 2024, but the range typically falls between $57,521 and $72,946. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Budget Analyst I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Budget Analyst I Salary $50,540 US February 26, 2024
25th Percentile Budget Analyst I Salary $57,521 US February 26, 2024
50th Percentile Budget Analyst I Salary $65,188 US February 26, 2024
75th Percentile Budget Analyst I Salary $72,946 US February 26, 2024
90th Percentile Budget Analyst I Salary $80,010 US February 26, 2024
25% $57,521 10% $50,540 90% $80,010 75% $72,946 $65,188 50%(Median) Didn’t find job title? Click
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Check out Budget Analyst jobs in Ashburn, Virginia

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What skills does a Budget Analyst I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

3.

CPA: A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.

Analysis 59.47%
Microsoft Office 4.44%
CPA 3.03%
Others 33.06%

Job Description for Budget Analyst I

Budget Analyst I monitors and analyzes accounting allocation and spending data to determine financial resources required to develop budgets. Tracks expenses, inventories, and budget balances. Being a Budget Analyst I measures actual performance against budget. Prepares forecasting reports and trend analysis. Additionally, Budget Analyst I develops recommendations for budget allocations that conform with budgetary policies and limits. Utilizes financial modeling and data analytics tools. Requires a bachelor's degree in accounting or equivalent. Typically reports to a manager or head of a unit/department. The Budget Analyst I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Budget Analyst I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Budget Analyst I

Career Path for Budget Analyst I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Budget Analyst I, the upper level is Budget Analyst II and then progresses to Budget Analyst IV.

Those that have already made the climb...
Raymond V. Damadian, Chairman of the Board; Acting Principal Financial Officer; Director
FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates in two segments, Medical Equipment, and Physician Management and Di... More
Fiscal Year Ended in 2022
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Budget Analyst I salary varies from city to city. Compared with national average salary of Budget Analyst I, the highest Budget Analyst I salary is in San Francisco, CA, where the Budget Analyst I salary is 25.0% above. The lowest Budget Analyst I salary is in Miami, FL, where the Budget Analyst I salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for a Budget Analyst I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
57521
72946
65188

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
58468
75402
66493
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Budget Analyst I in the United States. The base salary for Budget Analyst I ranges from $57,521 to $72,946 with the average base salary of $65,188. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $58,468 to $75,402 with the average total cash compensation of $66,493.
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57521
72946

 

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Skills associated with Budget Analyst I: Budget Administration, Financial Modeling, Budgeting and Forecasting Software, Trend Analysis ...More

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Budget Analyst I Salary in United States
Budget Analyst I Salary Graph, Regional Distribution and Summary