The average salary for a budget analyst in Minnesota is around $85,970 per year.
Avg Salary
Budget analysts earn an average yearly salary of $85,970.
Wages typically start from $65,160 and go up to $134,040.
28% above national average Updated in 2025
Budget analyst earnings by seniority
90th percentile
Top-level budget analyst earnings begin at:
$64.44 per hour
$134,040 per year
75th percentile
Senior-level budget analyst earnings begin at:
$51.59 per hour
$107,310 per year
50th percentile
Mid-level budget analyst earnings begin at:
$41.33 per hour
$85,970 per year
25th percentile
Junior-level budget analyst earnings begin at:
$38.46 per hour
$80,000 per year
10th percentile
Starting level budget analyst earnings begin at:
$31.33 per hour
$65,160 per year
Approximate values based on highest and lowest earning segments.
Budget analyst salary by state
| State Name | Average Salary |
|---|---|
| California | $99,520 |
| Alabama | $99,490 |
| Colorado | $97,100 |
| Washington | $96,640 |
| Michigan | $96,430 |
| New Jersey | $96,250 |
| Connecticut | $95,440 |
| Oregon | $95,250 |
| Illinois | $94,880 |
| Alaska | $94,740 |
| Vermont | $93,430 |
| Rhode Island | $92,790 |
| New Hampshire | $92,600 |
| Hawaii | $92,380 |
| Massachusetts | $92,260 |
| Georgia | $91,870 |
| Ohio | $89,840 |
| Utah | $88,610 |
| New York | $88,540 |
| Maine | $88,130 |
| New Mexico | $87,360 |
| Tennessee | $86,570 |
| Iowa | $86,550 |
| South Carolina | $86,260 |
| Minnesota | $85,970 |
| Arizona | $84,810 |
| Pennsylvania | $84,240 |
| Florida | $84,170 |
| Idaho | $83,220 |
| Nebraska | $83,010 |
| Texas | $82,970 |
| North Carolina | $82,350 |
| Wisconsin | $82,180 |
| Indiana | $82,080 |
| Delaware | $82,000 |
| Missouri | $81,980 |
| Nevada | $81,600 |
| Wyoming | $81,100 |
| Oklahoma | $80,990 |
| Louisiana | $80,530 |
| Kansas | $80,140 |
| Montana | $79,700 |
| South Dakota | $79,180 |
| Mississippi | $78,850 |
| West Virginia | $78,850 |
| North Dakota | $77,400 |
| Kentucky | $76,860 |
| Arkansas | $71,800 |
| Guam | $55,000 |
| Virgin Islands, U.S. | $51,850 |
| Puerto Rico | $43,140 |
| District of Columbia | $124,590 |
| Maryland | $106,020 |
| Virginia | $105,470 |
How do budget analyst salaries compare to similar careers?
Budget analysts earn 6% less than similar careers in Minnesota. On average, they make less than economists but more than financial quantitative analysts.
| Career | Median Salary |
|---|---|
| Economist salary | $105K |
| Financial analyst salary | $103K |
| Business analyst salary | $101K |
| Loan officer salary | $95K |
| Underwriter salary | $81K |
| Budget analyst salary | $86K |
| Market research analyst salary | $88K |
| Accountant salary | $82K |
| Auditor salary | $82K |
| Financial quantitative analyst salary | $83K |
Source: CareerExplorer (Aggregated)