Budget Analyst salary in Indiana
Budget Analysts in Indiana earn a median of $82,080 a year ($39.46 an hour), based on BLS data for 390 workers.
Pay ranges from $60,390 for the lowest-paid 10% to $106,330 for the top 10%. That is 10% lower than the national median of $91,640. Indiana ranks 37th of 51 states for budget analysts pay. There are 0.12 budget analysts per 1,000 jobs here — the job is less common than nationally (location quotient 0.40). The average (mean) salary is $81,890, close to the median.
Pay range for budget analysts in Indiana
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $60,390 | $29.04 |
| 25th percentile | $64,940 | $31.22 |
| Median | $82,080 | $39.46 |
| 75th percentile | $92,410 | $44.43 |
| 90th percentile (top earners) | $106,330 | $51.12 |
| Average (mean) | $81,890 | $39.37 |
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 | $6,840 |
| Semi-monthly (24 a year) | $3,420 |
| Biweekly (26 a year) | $3,156.92 |
| Weekly | $1,578.46 |
| Hourly | $39.46 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Budget Analyst salary in cities in Indiana
| Metro area | Median salary | Workers |
|---|---|---|
| Cincinnati, OH-KY-IN | $97,190 | 150 |
| Chicago-Naperville-Elgin, IL-IN | $88,460 | 430 |
| 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 |
Related jobs in Indiana
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $77,720 | $37.36 |
| Personal Financial Advisor | $87,710 | $42.17 |
| Loan Officer | $72,960 | $35.08 |
| Financial and Investment Analysts | $81,760 | $39.31 |
| Insurance Underwriter | $77,440 | $37.23 |
| Property Appraisers and Assessors | $60,350 | $29.01 |
| Financial Specialists, All Other | $92,410 | $44.43 |
| Tax Preparer | $45,710 | $21.98 |
| Credit Analyst | $62,660 | $30.12 |
| Credit Counselor | $48,180 | $23.16 |
| Tax Examiners and Collectors, and Revenue Agents | $56,570 | $27.20 |
| Financial Examiner | $81,300 | $39.09 |
| Financial Risk Specialist | $99,250 | $47.72 |
| Human Resources Specialist | $65,600 | $31.54 |
More: Business and Financial Operations Occupations · all salaries in Indiana
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 Indiana?
The median salary for budget analysts in Indiana is $82,080 a year, or $39.46 an hour. Pay ranges from $60,390 for the lowest-paid 10% to $106,330 for the top 10%.
How much do the highest-paid budget analysts make in Indiana?
The top 10% of budget analysts in Indiana earn at least $106,330 a year. The top 25% earn $92,410 or more.
What is the starting pay for budget analysts in Indiana?
Entry-level pay (the 10th percentile) is about $60,390 a year, and a quarter of budget analysts earn $64,940 or less.
How many budget analysts work in Indiana?
About 390 budget analysts are employed in Indiana, not counting the self-employed.