Budget Analyst salary in Maryland
Budget Analysts in Maryland earn a median of $106,020 a year ($50.97 an hour), based on BLS data for 2,490 workers.
Pay ranges from $65,680 for the lowest-paid 10% to $156,750 for the top 10%. That is 16% higher than the national median of $91,640. Maryland ranks 2nd of 51 states for budget analysts pay, one of the best-paying states for this job. There are 0.90 budget analysts per 1,000 jobs here — the job is 3.0× more common than nationally. The average (mean) salary is $110,120, above the median because a few high earners pull it up.
Pay range for budget analysts in Maryland
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $65,680 | $31.58 |
| 25th percentile | $83,820 | $40.30 |
| Median | $106,020 | $50.97 |
| 75th percentile | $133,220 | $64.05 |
| 90th percentile (top earners) | $156,750 | $75.36 |
| Average (mean) | $110,120 | $52.94 |
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 | $8,835 |
| Semi-monthly (24 a year) | $4,417.50 |
| Biweekly (26 a year) | $4,077.69 |
| Weekly | $2,038.85 |
| Hourly | $50.97 |
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 Maryland
| Metro area | Median salary | Workers |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $125,050 | 4,100 |
| Lexington Park, MD | $106,280 | 60 |
| Baltimore-Columbia-Towson, MD | $96,150 | 1,150 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $93,600 | 700 |
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 Maryland
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $89,370 | $42.97 |
| Financial and Investment Analysts | $100,370 | $48.26 |
| Personal Financial Advisor | $99,880 | $48.02 |
| Loan Officer | $73,580 | $35.37 |
| Financial Specialists, All Other | $101,400 | $48.75 |
| Insurance Underwriter | $92,120 | $44.29 |
| Tax Preparer | $47,020 | $22.61 |
| Financial Risk Specialist | $117,130 | $56.31 |
| Credit Analyst | $75,390 | $36.25 |
| Property Appraisers and Assessors | $77,610 | $37.31 |
| Tax Examiners and Collectors, and Revenue Agents | $66,900 | $32.16 |
| Credit Counselor | $60,450 | $29.06 |
| Financial Examiner | $102,980 | $49.51 |
| Business Operations Specialists, All Other | $101,500 | $48.80 |
More: Business and Financial Operations Occupations · all salaries in Maryland
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 Maryland?
The median salary for budget analysts in Maryland is $106,020 a year, or $50.97 an hour. Pay ranges from $65,680 for the lowest-paid 10% to $156,750 for the top 10%.
How much do the highest-paid budget analysts make in Maryland?
The top 10% of budget analysts in Maryland earn at least $156,750 a year. The top 25% earn $133,220 or more.
What is the starting pay for budget analysts in Maryland?
Entry-level pay (the 10th percentile) is about $65,680 a year, and a quarter of budget analysts earn $83,820 or less.
How many budget analysts work in Maryland?
About 2,490 budget analysts are employed in Maryland, not counting the self-employed.