Budget Analyst salary in Memphis, TN-MS-AR
Budget Analysts in the Memphis, TN-MS-AR metro area earn a median of $93,450 a year ($44.93 an hour), based on BLS data for 220 workers.
Pay ranges from $66,900 for the lowest-paid 10% to $135,410 for the top 10%. That is 2% higher than the national median of $91,640. Pay here is 8% higher than the Tennessee statewide median of $86,570. There are 0.36 budget analysts per 1,000 jobs here — the job is 1.2× more common than nationally. The average (mean) salary is $95,990, above the median because a few high earners pull it up.
Pay range for budget analysts in Memphis, TN-MS-AR
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $66,900 | $32.17 |
| 25th percentile | $79,240 | $38.10 |
| Median | $93,450 | $44.93 |
| 75th percentile | $109,980 | $52.88 |
| 90th percentile (top earners) | $135,410 | $65.10 |
| Average (mean) | $95,990 | $46.15 |
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 | $7,787.50 |
| Semi-monthly (24 a year) | $3,893.75 |
| Biweekly (26 a year) | $3,594.23 |
| Weekly | $1,797.12 |
| Hourly | $44.93 |
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 |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN | $86,530 | 440 |
| Clarksville, TN-KY | $85,810 | 50 |
| Chattanooga, TN-GA | $81,880 | 90 |
| Knoxville, TN | $80,870 | 170 |
| Fayetteville-Springdale-Rogers, AR | $74,180 | 40 |
| Jackson, MS | $71,280 | 80 |
| Little Rock-North Little Rock-Conway, AR | $65,950 | 160 |
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 Tennessee statewide figures.
Related jobs in Memphis, TN-MS-AR
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $76,960 | $37.00 |
| Tax Examiners and Collectors, and Revenue Agents | $49,440 | $23.77 |
| Loan Officer | $63,250 | $30.41 |
| Financial and Investment Analysts | $91,180 | $43.84 |
| Personal Financial Advisor | $100,120 | $48.13 |
| Financial Specialists, All Other | $72,090 | $34.66 |
| Credit Analyst | $66,890 | $32.16 |
| Property Appraisers and Assessors | $60,860 | $29.26 |
| Tax Preparer | $35,410 | $17.02 |
| Insurance Underwriter | $80,160 | $38.54 |
| Financial Risk Specialist | $88,910 | $42.74 |
| Credit Counselor | $60,210 | $28.95 |
| Financial Examiner | $102,420 | $49.24 |
| Human Resources Specialist | $69,150 | $33.24 |
More: Business and Financial Operations Occupations · all salaries in Memphis, TN-MS-AR
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 Memphis, TN-MS-AR?
The median salary for budget analysts in the Memphis, TN-MS-AR metro area is $93,450 a year, or $44.93 an hour. Pay ranges from $66,900 for the lowest-paid 10% to $135,410 for the top 10%.
How much do the highest-paid budget analysts make in Memphis, TN-MS-AR?
The top 10% of budget analysts in the Memphis, TN-MS-AR metro area earn at least $135,410 a year. The top 25% earn $109,980 or more.
What is the starting pay for budget analysts in Memphis, TN-MS-AR?
Entry-level pay (the 10th percentile) is about $66,900 a year, and a quarter of budget analysts earn $79,240 or less.
How many budget analysts work in Memphis, TN-MS-AR?
About 220 budget analysts are employed in the Memphis, TN-MS-AR metro area, not counting the self-employed.