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Business & Finance · New Jersey

How to Become a Budget Analysts in New Jersey

Budget Analysts in New Jersey earn a median salary of $92,980/year, which is 6% above the national average. New Jersey has a state income tax of ~4.1%. After taxes and rent, a budget analysts takes home approximately $4,421/month. Most positions require Bachelor's degree.

$93K
Median salary in New Jersey
+6%
vs. national average
4.1%
State income tax
770
Employed in New Jersey

What a budget analysts can afford in New Jersey

Gross annual salary$92,980
Est. monthly take-home (after fed + 4.1% state tax)$5,833/mo
Median 2BR rent (New Jersey)-$1,412/mo
Rent as % of take-home24.2% (within guideline)
Cost-of-living adjusted salary$92,980/yr (RPP: 100)
Monthly remaining after rent$4,421/mo

Becoming a budget analysts in New Jersey

1

Meet education requirements

Budget Analysts positions in New Jersey typically require Bachelor's degree. Programs are available at colleges and training institutions across New Jersey. Research accredited programs in your area.

2

Gain required experience

Many budget analysts positions in New Jersey require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain New Jersey licensure or certification

New Jersey may require specific licensing or professional certification for budget analystss. Requirements vary by state — contact the New Jersey Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in New Jersey

New Jersey employs 770 budget analysts. The highest concentrations are in Trenton-Princeton.

Budget Analysts salary by metro area in New Jersey

Metro areaMedianHourlyEmployment
Trenton-Princeton$86K$41.37/hr210

Budget Analysts salary range in New Jersey

10th percentile (entry)
$63K
25th percentile
$77K
Median (50th)
$93K
75th percentile
$108K
90th percentile (senior)
$132K
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Frequently asked questions

How much does a budget analysts make in New Jersey?

The median budget analysts salary in New Jersey is $92,980 per year ($44.7/hr). This is 6% above the national median of $87,930. Salaries range from $62,830 to $131,700.

What are the requirements to become a budget analysts in New Jersey?

Budget Analysts positions in New Jersey typically require Bachelor's degree. New Jersey may have specific licensing or certification requirements. Check with the New Jersey licensing board or department of labor for current requirements.

Can a budget analysts afford to live in New Jersey?

At the median salary of $92,980, a budget analysts in New Jersey would take home approximately $5,833/month after taxes. With median 2-bedroom rent at $1,412/month, that's 24.2% of take-home pay going to housing. This is within the recommended 30% guideline.

What are the best cities for budget analysts in New Jersey?

The highest paying metro areas for budget analysts in New Jersey are Trenton-Princeton ($86,050). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.

Does New Jersey have state income tax for budget analysts?

Yes, New Jersey has a state income tax rate of approximately 4.1%. On a $92,980 salary, this means roughly $3,797/year in state income tax. Use our take-home pay calculator for a detailed breakdown.