Mid-Level

Budget Analyst

Budget Analysts build, monitor, and explain an organization's budget — projecting revenue, modeling cost scenarios, flagging variances, and translating spreadsheets into language leadership can act on. The work tends to mix steady cycles with hot stretches around fiscal planning.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
C
E
I
S
A
R
Conventionalorganizing, detail-oriented
Enterprisingleading, persuading
Based on Holland Code framework
Job markets for Budget Analysts
Employment concentration · ~165 areas
Based on employment in related occupations
Mapped SOC categories:
BLS Occupational Employment Statistics
What it's like

What it's like to be a Budget Analyst

Most days are a mix of model-building and stakeholder questions — pulling actuals against forecast, refining assumptions, drafting variance commentary, answering the program manager wondering why a line is over. You're often paired with finance, program leads, and procurement, and the rhythm depends heavily on the sector — government, healthcare, higher-ed, and corporate finance run very differently.

What's harder than people expect is the political layer on top of the math. A budget is rarely just a budget — it's headcount fights, priority trade-offs, and unspoken constraints. Year-end and quarterly close stretch into long weeks; the rest of the year tends to be steadier. Tools vary widely too, from Excel and Hyperion to Anaplan or in-house systems, and learning to flex matters.

People who tend to thrive here are comfortable with ambiguity, fluent in numbers, and patient with people who aren't. If you want fast pivots and product velocity, this role can feel slow. If you like being the person who actually understands where the money goes, the work has a kind of quiet leverage few seats carry.

Working ConditionsAbove avg
SupportModerate
IndependenceModerate
AchievementModerate
RecognitionModerate
RelationshipsLower
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape — and where it can take you.

$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
1 BLS OEWS May 2024 covers all Budget Analysts (SOC 13-2031.00), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Exploring the Budget Analyst career path? Truest helps you figure out if it's the right fit — and plan your path forward.
Explore career tools
✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$61K–$135K
Salary Range
10th – 90th percentile
47K
U.S. Employment
+1%
10yr Growth
3K
Annual Openings

How this category is changing

$74K$71K$68K$65K$62K201920202021202220232024$62K$74K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

Critical ThinkingMathematicsActive ListeningReading ComprehensionComplex Problem SolvingSpeakingJudgment and Decision MakingManagement of Financial ResourcesActive LearningMonitoring
O*NET OnLine · Bureau of Labor Statistics
13-2031.00

Navigate your career with clarity

Truest gives you tools to understand your strengths, explore roles that fit, and plan your next move.

Explore Truest career tools
Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.