Budget Analyst salary in Santa Fe, NM
Budget Analysts in the Santa Fe, NM metro area earn a median of $74,730 a year ($35.93 an hour), based on BLS data for 50 workers.
Pay ranges from $58,840 for the lowest-paid 10% to $104,500 for the top 10%. That is 18% lower than the national median of $91,640. Pay here is 14% lower than the New Mexico statewide median of $87,360. There are 0.83 budget analysts per 1,000 jobs here — the job is 2.7× more common than nationally. The average (mean) salary is $78,900, above the median because a few high earners pull it up.
Pay range for budget analysts in Santa Fe, NM
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $58,840 | $28.29 |
| 25th percentile | $67,180 | $32.30 |
| Median | $74,730 | $35.93 |
| 75th percentile | $88,590 | $42.59 |
| 90th percentile (top earners) | $104,500 | $50.24 |
| Average (mean) | $78,900 | $37.93 |
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 | $6,227.50 |
| Semi-monthly (24 a year) | $3,113.75 |
| Biweekly (26 a year) | $2,874.23 |
| Weekly | $1,437.12 |
| Hourly | $35.93 |
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 |
|---|---|---|
| Albuquerque, NM | $97,780 | 410 |
| Las Cruces, NM | $76,360 | 50 |
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 New Mexico statewide figures.
Related jobs in Santa Fe, NM
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $72,780 | $34.99 |
| Financial and Investment Analysts | $86,860 | $41.76 |
| Loan Officer | $52,960 | $25.46 |
| Personal Financial Advisor | $138,790 | $66.72 |
| Financial Specialists, All Other | $52,420 | $25.20 |
| Business Operations Specialists, All Other | $67,560 | $32.48 |
| Management Analyst | $68,560 | $32.96 |
| Human Resources Specialist | $71,300 | $34.28 |
| Project Management Specialist | $89,380 | $42.97 |
| Buyers and Purchasing Agents | $73,800 | $35.48 |
| Compliance Officer | $62,380 | $29.99 |
| Market Research Analysts and Marketing Specialists | $60,560 | $29.12 |
| Training and Development Specialists | $60,760 | $29.21 |
| Cost Estimator | $61,570 | $29.60 |
More: Business and Financial Operations Occupations · all salaries in Santa Fe, NM
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 Santa Fe, NM?
The median salary for budget analysts in the Santa Fe, NM metro area is $74,730 a year, or $35.93 an hour. Pay ranges from $58,840 for the lowest-paid 10% to $104,500 for the top 10%.
How much do the highest-paid budget analysts make in Santa Fe, NM?
The top 10% of budget analysts in the Santa Fe, NM metro area earn at least $104,500 a year. The top 25% earn $88,590 or more.
What is the starting pay for budget analysts in Santa Fe, NM?
Entry-level pay (the 10th percentile) is about $58,840 a year, and a quarter of budget analysts earn $67,180 or less.
How many budget analysts work in Santa Fe, NM?
About 50 budget analysts are employed in the Santa Fe, NM metro area, not counting the self-employed.