Public Service & Safety · Local, State, & Federal Services

Budget Analysts

A budget analyst examines financial data and creates spending plans for government agencies, nonprofits, and businesses. You'll need a bachelor's degree and strong math skills. The work is detail-oriented, analytical, and in demand across the public and private sectors.

Median pay
$91,640
per year
Job outlook
+1%
little or no change
Typical education
Bachelor's degree
four-year degree
Preparation
Considerable
Job Zone 4

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What a budget analyst does

Budget analysts review financial records, track spending, and develop budgets that guide how organizations allocate money. You'll spend significant time working with computers and spreadsheets, gathering information from departments and supervisors, and analyzing data to spot trends and inefficiencies. You'll communicate your findings to leadership and help organizations plan for the future. The role requires you to organize complex information, think critically about numbers, and write clear reports that explain your recommendations.

Core work activities

Career video courtesy of CareerOneStop.

Salary and job outlook

Budget Analysts earn a median of $91,640 a year, based on 2025 data from the U.S. Bureau of Labor Statistics. Pay rises with experience, specialty, and location.

Lowest 10%$62,250
Median$91,640
Highest 10%$136,660

The outlook is modest. Employment is projected to grow 1 percent from 2024 to 2034, little or no change for all occupations, with about 3,100 openings a year.

Skills and knowledge you need

Top skills

  • Mathematics
  • Critical thinking
  • Reading comprehension
  • Speaking
  • Active listening
  • Active learning

Knowledge areas

  • Economics and accounting
  • Mathematics
  • English language
  • Administration and management
  • Administrative
  • Computers and electronics

How to become a budget analyst

You'll need a bachelor's degree to enter this field. During your studies, focus on economics, accounting, mathematics, and administration. Develop strong skills in data analysis, spreadsheet software, and financial systems. Job Zone 4 preparation means considerable work experience or education is expected. Many budget analysts start in entry-level finance or accounting roles to build practical experience before moving into budget analysis. Consider internships in government or nonprofit finance during your degree program.

Most budget analysts earn their bachelor's degree in accounting, finance, or economics. Since the path is fairly direct, Pathly can map the budget analyst path that fits you with your counselor to map out which degree programs and internships align with your timeline and career goals.

Certifications and licensing

You do not need a license to work as a budget analyst, but professional certifications can strengthen your resume.

Common certifications

CORE
Certified Data Science Practitioner
CertNexus
Certification and licensing data provided by CareerOneStop, sponsored by the U.S. Department of Labor (DOLETA) and the Minnesota Department of Employment and Economic Development (DEED).

Is this a good fit for you?

You're detail-oriented, methodical, and comfortable with numbers and systems. You think logically about problems, follow established procedures, and take pride in accuracy and organization.

Explore a career as a budget analyst with Pathly

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Related careers

Last updated July 1, 2026.

Data sources. Career details from the O*NET 30.3 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under CC BY 4.0. O*NET® is a trademark of USDOL/ETA. Salary and outlook figures from the U.S. Bureau of Labor Statistics (May 2025 wages; 2024–2034 projections), delivered via the CareerOneStop API. Certification, licensing, wage, and outlook data from CareerOneStop, sponsored by USDOL/ETA and the Minnesota Department of Employment and Economic Development (DEED).