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Business & Finance

Budget Analysts Salary in New Jersey

In New Jersey, budget analysts earn $92,980 at the median — $44.7 an hour. The range runs from $63K at the entry level to $132K for experienced workers.

AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)

$93K
Median annual
$44.7/hr
Hourly rate
$63K
Entry level (10th %)
$132K
Senior level (90th %)

So what does $93K get you in New Jersey?

Take-home$5,833/mo
2BR rent (est.)-$1,792/mo
Rent burden30.7% (above 30%)
COL-adjusted salary$92,980/yr
After rent$4,041/mo
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About budget analysts

U.S. employed: 770
Category: Business & Finance
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Compensation breakdown

Annual earnings by percentile, New Jersey

Bar chart showing Budget Analysts salary percentiles in New Jersey: 10th percentile $62,830, 25th percentile $77,100, median $92,980, 75th percentile $107,950, 90th percentile $131,700. Source: Bureau of Labor Statistics.10th$63K25th$77KMedian$93K75th$108K90th$132K
Bar chart showing Budget Analysts salary percentiles in New Jersey: 10th percentile $62,830, 25th percentile $77,100, median $92,980, 75th percentile $107,950, 90th percentile $131,700. Source: Bureau of Labor Statistics.

Entry-level budget analysts (10th percentile) start around $63K. Mid-career wages sit at $93K.Top earners bring in $132K or more - a $69K spread from bottom to top.

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Budget Analysts pay across states

Median income ranked highest to lowest, compared to the national figure

StateMedian salaryvs. nationalEmployment
District of Columbia$118K+34%1,720
Virginia$109K+24%2,940
California$104K+18%3,700
Maryland$101K+15%2,870
New Mexico$100K+13%710
Alabama$98K+12%940
Oregon$95K+8%980
Connecticut$93K+6%760
New Jersey$93K+6%770
Alaska$93K+6%300
Michigan$92K+4%680
Illinois$91K+4%830
Hawaii$91K+3%240
Rhode Island$90K+3%100
Georgia$90K+2%1,890

Track budget analysts salary changes

BLS updates this data quarterly. We'll email you when New Jersey numbers change.

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Frequently asked questions

How much do budget analysts make in New Jersey?

The median is $92,980 a year - that works out to about $44.7 an hour. The range is wide: entry-level workers start around $62,830, and experienced budget analysts can clear $131,700. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $93K enough to live in New Jersey?

On that salary, you'd take home roughly $5,833/month after taxes. A 2-bedroom in this state rents for about $1,792/month (median of metro areas), which eats 30.7% of your paycheck. That's above the 30% rule of thumb - housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.

How far does a budget analysts salary go in New Jersey?

New Jersey has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median budget analysts salary is worth about $92,980 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.

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