Budget Analysts Salary
In Nashville-Davidson--Murfreesboro--Franklin, TN, budget analysts earn $86,530 at the median, or about $41.6 an hour. The range runs from $64K at the entry level to $135K for experienced workers. Adjusted for local prices (RPP 96.34), that's roughly $89,817 in purchasing power. Rent on a 2-bedroom averages $1,730/month, or 29.9% of estimated take-home pay.
Where the paycheck goes
What $87K actually covers in Nashville-Davidson--Murfreesboro--Franklin, month by month
Groceries, utilities, transportation, and healthcare scaled from national averages by Nashville-Davidson--Murfreesboro--Franklin’s Regional Price Parity (96.34). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About budget analysts
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What this looks like in Nashville-Davidson--Murfreesboro--Franklin
Budget analysts pay in Nashville-Davidson--Murfreesboro--Franklin tracks closely to the national median, $87K locally vs. $92K nationwide, a 6% difference. Rent runs $1,730/month for a 2-bedroom (HUD FMR), taking 30% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 96.34) is near the national average, so spending patterns here track the typical American budget fairly closely. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compared to nearby metros
Median pay for budget analysts in metros near Nashville-Davidson--Murfreesboro--Franklin, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Memphis | $93K | $101K |
| Knoxville | $81K | $87K |
| Chattanooga | $82K | $90K |
| Clarksville | $86K | $94K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Nashville-Davidson--Murfreesboro--Franklin, TN
Entry-level budget analysts (10th percentile) start around $64K. Mid-career wages sit at $87K. Top earners bring in $135K or more, a $72K spread from bottom to top.
Budget Analysts pay across states
Median income ranked highest to lowest, compared to the national figure
View Budget Analysts salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $125K | +36% | 1,490 |
| Maryland | $106K | +16% | 2,490 |
| Virginia | $105K | +15% | 2,730 |
| California | $100K | +9% | 4,160 |
| Alabama | $99K | +9% | 870 |
| Colorado | $97K | +6% | 1,290 |
| Washington | $97K | +5% | 1,510 |
| Michigan | $96K | +5% | 1,020 |
| New Jersey | $96K | +5% | 840 |
| Connecticut | $95K | +4% | 970 |
| Oregon | $95K | +4% | 1,090 |
| Illinois | $95K | +4% | 750 |
| Alaska | $95K | +3% | 220 |
| Vermont | $93K | +2% | 90 |
| Rhode Island | $93K | +1% | 90 |
| New Hampshire | $93K | +1% | 80 |
| Hawaii | $92K | +1% | 210 |
| Massachusetts | $92K | +1% | 1,280 |
| Georgia | $92K | +0% | 1,900 |
| Ohio | $90K | -2% | 800 |
| Utah | $89K | -3% | 280 |
| New York | $89K | -3% | 2,760 |
| Maine | $88K | -4% | 200 |
| New Mexico | $87K | -5% | 740 |
| Tennessee | $87K | -6% | 1,140 |
| Iowa | $87K | -6% | 390 |
| South Carolina | $86K | -6% | 470 |
| Minnesota | $86K | -6% | 450 |
| Arizona | $85K | -7% | 730 |
| Pennsylvania | $84K | -8% | 1,490 |
| Florida | $84K | -8% | 3,150 |
| Idaho | $83K | -9% | 190 |
| Nebraska | $83K | -9% | 200 |
| Texas | $83K | -9% | 3,340 |
| North Carolina | $82K | -10% | 1,830 |
| Wisconsin | $82K | -10% | 820 |
| Indiana | $82K | -10% | 390 |
| Delaware | $82K | -11% | 260 |
| Missouri | $82K | -11% | 520 |
| Nevada | $82K | -11% | 440 |
| Wyoming | $81K | -12% | 80 |
| Oklahoma | $81K | -12% | 670 |
| Louisiana | $81K | -12% | 330 |
| Kansas | $80K | -13% | 270 |
| Montana | $80K | -13% | 360 |
| South Dakota | $79K | -14% | 120 |
| West Virginia | $79K | -14% | 180 |
| Mississippi | $79K | -14% | 390 |
| North Dakota | $77K | -16% | 150 |
| Kentucky | $77K | -16% | 630 |
| Arkansas | $72K | -22% | 320 |
Showing 1–10 of 51 (all 50 states + DC)
Track budget analysts salary changes
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Quick answers
The stuff people actually ask about this job
Can a budget analyst afford a 2BR apartment alone in Nashville-Davidson--Murfreesboro--Franklin?
It’s a stretch — at the median salary of $87K, rent takes 30% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,730/month. The 30% guideline puts the comfortable ceiling at roughly $1,700/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for budget analysts in Nashville-Davidson--Murfreesboro--Franklin?
The 10th-percentile wage — what new budget analysts typically earn — is $64K/year. Take-home on that works out to about $4,446/month. At HUD’s $1,730/month FMR, rent would take 39% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is budget analyst a high-paying job in Nashville-Davidson--Murfreesboro--Franklin?
Pay here is roughly in line with the national average — $87K locally vs. $92K nationally, a 6% difference.
How does Nashville-Davidson--Murfreesboro--Franklin compare to the national average for budget analysts?
Nashville-Davidson--Murfreesboro--Franklin pays $87K median vs. the U.S. average of $92K — that’s -6%. After adjusting for local cost of living (RPP 96.34), the purchasing-power equivalent is $90K — below the national median.
How much do budget analysts make in Nashville-Davidson--Murfreesboro--Franklin, TN?
The median is $86,530 a year, that works out to about $42 an hour. But the range is wide: entry-level workers start around $63,920, and experienced budget analysts can clear $135,450. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $87K enough to live in Nashville-Davidson--Murfreesboro--Franklin?
On that salary, you'd take home roughly $5,772/month after taxes. A 2-bedroom here rents for about $1,730/month, which eats 30% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a budget analysts salary go in Nashville-Davidson--Murfreesboro--Franklin?
Nashville-Davidson--Murfreesboro--Franklin has a Regional Price Parity of 96.34 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median budget analysts salary is worth about $89,817 in national-average purchasing power.
Where do budget analysts get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.