Budget Analysts Salary in New Mexico
SOC 13-2031 · New Mexico · BLS OEWS May 2024
The median salary for Budget Analysts in New Mexico is $99,590 per year ($47.88/hr). This is 13.3% higher than the national median of $87,922. The middle 50% earn between $72,550 and $105,768 annually. Top earners at the 90th percentile reach $133,952.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $29.28 | $60,902 | +0.7% |
| P25 | $34.88 | $72,550 | +0.4% |
| P50MEDIAN | $47.88 | $99,590 | +13.3% |
| P75 | $50.85 | $105,768 | -4.2% |
| P90 | $64.40 | $133,952 | -0.5% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median budget analysts salary in New Mexico?
The median (P50) annual salary for Budget Analysts in New Mexico is approximately $99,590, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 13.3% higher than the national median of $87,922.
What is the salary range for entry-level budget analysts in New Mexico?
Entry-level Budget Analysts (10th percentile) in New Mexico earn approximately $60,902 per year. The 25th percentile is $72,550. Top earners (90th percentile) reach $133,952.
How does New Mexico compare to the national average for budget analysts?
New Mexico pays 13.3% higher than the national average. The national P50 is $87,922 vs $99,590 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Budget Analysts Salary by Location
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