Budget Analysts
SOC Code: 13-2031 Job Zone 4: Considerable Preparation Needed
Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
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Prevailing Wage Levels (National)
DOL/OFLC prevailing wage thresholds for Budget Analysts. Hourly rates x 2,080 = annual.
FY2027 Weighted Lottery Impact
| Level | Lottery Entries | Est. Selection Rate |
|---|---|---|
| Level I (Entry) | 1 entry | ~16% |
| Level II (Qualified) | 2 entries | ~31% |
| Level III (Experienced) | 3 entries | ~45% |
| Level IV (Expert) | 4 entries | ~61% |
Prevailing Wages by Metro Area
| Metro Area | Level I | Level II | Level III | Level IV |
|---|---|---|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $97,302 | $118,269 | $139,256 | $160,222 |
| Santa Cruz-Watsonville, CA | $87,942 | $108,098 | $128,274 | $148,429 |
| Northeast Virginia nonmetropolitan area | $88,130 | $107,182 | $126,214 | $145,267 |
| Merced, CA | $78,936 | $100,797 | $122,637 | $144,498 |
| San Francisco-Oakland-Fremont, CA | $84,802 | $103,938 | $123,053 | $142,189 |
| Santa Rosa-Petaluma, CA | $82,326 | $100,984 | $119,642 | $138,299 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $83,782 | $101,608 | $119,434 | $137,259 |
| Hagerstown-Martinsburg, MD-WV | $83,242 | $101,150 | $119,038 | $136,947 |
| Winchester, VA-WV | $83,117 | $101,026 | $118,955 | $136,864 |
| Stockton-Lodi, CA | $78,520 | $97,739 | $116,938 | $136,157 |
H-1B Filing Data
Top H-1B Employers
| Employer | Filings | Avg Wage |
|---|---|---|
| Microsoft Corporation | 65 | $141,254 |
| Georgetown University | 13 | $96,725 |
| HUNGRYPANDA US INC. | 9 | $75,172 |
| Deloitte Services LP | 8 | $76,443 |
| Bank of China | 8 | $75,713 |
| Frontage Laboratories, Inc. | 6 | $72,650 |
| Premier Plus Education LLC | 6 | $84,240 |
| JD Logistics United States Company | 5 | $71,028 |
| Icahn School of Medicine at Mount Sinai | 4 | $73,793 |
| ENSON GROUP INC. | 4 | $64,069 |
Filing Trend
| Year | Filings | Avg Wage |
|---|---|---|
| 2020 | 54 | $81,788 |
| 2021 | 67 | $85,829 |
| 2022 | 59 | $105,623 |
| 2023 | 152 | $89,368 |
| 2024 | 240 | $85,055 |
| 2025 | 293 | $625,698 |
| 2026 | 40 | $93,056 |
Key Skills
| Skill | Importance | Level |
|---|---|---|
| Mathematics | 3.9 | |
| Critical Thinking | 3.9 | |
| Complex Problem Solving | 3.8 | |
| Judgment and Decision Making | 3.8 | |
| Active Listening | 3.8 | |
| Reading Comprehension | 3.8 | |
| Speaking | 3.8 | |
| Management of Financial Resources | 3.4 | |
| Active Learning | 3.2 | |
| Monitoring | 3.1 |
Knowledge Areas
| Knowledge | Importance |
|---|---|
| Economics and Accounting | 4.4 |
| Mathematics | 4.0 |
| English Language | 3.9 |
| Administration and Management | 3.7 |
| Administrative | 3.4 |
| Computers and Electronics | 3.4 |
| Customer and Personal Service | 3.2 |
| Law and Government | 2.9 |
Education Requirements
| Education Level | % of Workers |
|---|---|
| Bachelor's degree | 77.5% |
| High school diploma | 12.6% |
| Doctoral degree | 7.6% |
| Post-secondary certificate | 2.4% |
Typical Tasks
- Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
- Direct the preparation of regular and special budget reports.
- Consult with managers to ensure that budget adjustments are made in accordance with program changes.
- Match appropriations for specific programs with appropriations for broader programs, including items for emergency funds.
- Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
- Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
- Seek new ways to improve efficiency and increase profits.
- Review operating budgets to analyze trends affecting budget needs.
Technology Skills
Green = Hot Technology in demand
Microsoft Access Microsoft Excel Microsoft Office software Microsoft Outlook Microsoft Power BI Microsoft PowerPoint Microsoft SharePoint Microsoft Visual Basic Microsoft Word SAP software Structured query language SQL Accounting software Adaptive Planning Budget monitoring systems Budgeting, forecasting, and planning software
Calculate your wage level for Budget Analysts →
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