Budget Analyst salary in Chicago-Naperville-Elgin, IL-IN
Budget Analysts in the Chicago-Naperville-Elgin, IL-IN metro area earn a median of $88,460 a year ($42.53 an hour), based on BLS data for 430 workers.
Pay ranges from $57,490 for the lowest-paid 10% to $133,820 for the top 10%. That is 3% lower than the national median of $91,640. Pay here is 7% lower than the Illinois statewide median of $94,880. There are 0.10 budget analysts per 1,000 jobs here — the job is less common than nationally (location quotient 0.32). The average (mean) salary is $94,650, above the median because a few high earners pull it up.
Pay range for budget analysts in Chicago-Naperville-Elgin, IL-IN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $57,490 | $27.64 |
| 25th percentile | $70,020 | $33.66 |
| Median | $88,460 | $42.53 |
| 75th percentile | $112,280 | $53.98 |
| 90th percentile (top earners) | $133,820 | $64.34 |
| Average (mean) | $94,650 | $45.51 |
Half of budget analysts earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $7,371.67 |
| Semi-monthly (24 a year) | $3,685.83 |
| Biweekly (26 a year) | $3,402.31 |
| Weekly | $1,701.15 |
| Hourly | $42.53 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Budget Analyst salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Davenport-Moline-Rock Island, IA-IL | $102,020 | 70 |
| Cincinnati, OH-KY-IN | $97,190 | 150 |
| St. Louis, MO-IL | $96,930 | 310 |
| Louisville/Jefferson County, KY-IN | $87,770 | 100 |
| Indianapolis-Carmel-Greenwood, IN | $87,280 | 230 |
Highest-paying states for budget analysts
| State | Median salary |
|---|---|
| District of Columbia | $124,590 |
| Maryland | $106,020 |
| Virginia | $105,470 |
| California | $99,520 |
| Alabama | $99,490 |
| Colorado | $97,100 |
| Washington | $96,640 |
| Michigan | $96,430 |
| New Jersey | $96,250 |
| Connecticut | $95,440 |
See Budget Analyst pay in every state or the Illinois statewide figures.
Related jobs in Chicago-Naperville-Elgin, IL-IN
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $82,360 | $39.60 |
| Financial and Investment Analysts | $101,750 | $48.92 |
| Personal Financial Advisor | $113,210 | $54.43 |
| Loan Officer | $80,040 | $38.48 |
| Financial Specialists, All Other | $81,740 | $39.30 |
| Insurance Underwriter | $99,840 | $48.00 |
| Financial Examiner | $98,470 | $47.34 |
| Credit Analyst | $92,900 | $44.67 |
| Financial Risk Specialist | $105,370 | $50.66 |
| Tax Preparer | $48,670 | $23.40 |
| Property Appraisers and Assessors | $76,520 | $36.79 |
| Credit Counselor | $57,210 | $27.51 |
| Tax Examiners and Collectors, and Revenue Agents | $93,590 | $45.00 |
| Management Analyst | $105,090 | $50.53 |
More: Business and Financial Operations Occupations · all salaries in Chicago-Naperville-Elgin, IL-IN
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2031. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a budget analyst make in Chicago-Naperville-Elgin, IL-IN?
The median salary for budget analysts in the Chicago-Naperville-Elgin, IL-IN metro area is $88,460 a year, or $42.53 an hour. Pay ranges from $57,490 for the lowest-paid 10% to $133,820 for the top 10%.
How much do the highest-paid budget analysts make in Chicago-Naperville-Elgin, IL-IN?
The top 10% of budget analysts in the Chicago-Naperville-Elgin, IL-IN metro area earn at least $133,820 a year. The top 25% earn $112,280 or more.
What is the starting pay for budget analysts in Chicago-Naperville-Elgin, IL-IN?
Entry-level pay (the 10th percentile) is about $57,490 a year, and a quarter of budget analysts earn $70,020 or less.
How many budget analysts work in Chicago-Naperville-Elgin, IL-IN?
About 430 budget analysts are employed in the Chicago-Naperville-Elgin, IL-IN metro area, not counting the self-employed.