Budget Analyst Salary in Indiana
Based on 390+ workers in Indiana
Median Annual Salary (IN)
$82,080
$39.46/hr
vs National Average
$88,333
-7.1% vs national median
Salary Range (10th–90th)
$60K – $106K
390 employed in Indiana
Budget Analyst salary in Indiana averages $82,080 per year, according to current employment data. This figure represents compensation for approximately 390 workers in the state. While this is a solid middle-class income, it falls about 7 percent below the national average for the position, reflecting regional economic differences and cost-of-living variations across the country.
Several factors influence Budget Analyst salary in Indiana, including experience level, employer size, and industry sector. Entry-level positions typically start around $60,390 annually, while experienced analysts can earn up to $106,330. Government agencies, educational institutions, and larger corporations often offer different compensation packages based on their budgetary resources and hiring standards. Geographic location within Indiana and specific job responsibilities also play roles in determining individual salaries.
Salary Distribution — Budget Analyst in Indiana
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $60,390 |
| 25th percentile | $64,940 |
| Median (50th percentile) | $82,080 |
| 75th percentile | $92,410 |
| 90th percentile | $106,330 |
Top-Paying Industries for Budget Analyst (U.S.)
Which industries pay Budget Analysts the most — nationwide figures (industry-level data is not available by state). Budget Analysts in Indiana tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Utilities | $105,170 | 340 |
| Wholesale Trade | $104,820 | 470 |
| Professional, Scientific, and Technical Services | $101,850 | 4K |
| Information | $99,530 | 430 |
| Retail Trade | $98,500 | 40 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Budget Analyst in Indiana vs National
| Year | Median Salary (Indiana) |
|---|---|
| 2022 | $79,700 |
| 2023 | $82,840 |
| 2024 | $83,090 |
| 2025 | $82,080 |
| 2026 (projected) | $82,080 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Indiana Median | National Median |
|---|---|---|
| 2022 | $79,700 | $79,026 |
| 2023 | $82,840 | $82,697 |
| 2024 | $83,090 | $85,577 |
| 2025 | $82,080 | $88,333 |
| 2026 (projected) | $82,080 | $88,333 |
Budget Analyst Salary by Experience Level in Indiana
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $64,940 |
| Mid-level | 3-5 yrs | $82,080 |
| Senior | 6-9 yrs | $92,410 |
| Staff / Lead | 10+ yrs | $106,330 |
Budget Analyst Salary in Other States
Related Budget Analyst Salaries in Indiana
How other high-demand occupations in Indiana compare to Budget Analyst ($82,080 median).
| Occupation | Median Salary | vs Budget Analyst | Hourly |
|---|---|---|---|
| Financial Manager in IN | $135,840 | +65.5% | $65.31/hr |
| Actuary in IN | $100,690 | +22.7% | $48.41/hr |
| Tax Examiner in IN | $92,410 | +12.6% | $44.43/hr |
| Personal Financial Advisor in IN | $87,710 | +6.9% | $42.17/hr |
| Financial Analyst in IN | $81,760 | -0.4% | $39.31/hr |
| Financial Examiner in IN | $81,300 | -1.0% | $39.09/hr |
| Economist in IN | $80,750 | -1.6% | $38.82/hr |
| Compliance Officer in IN | $78,770 | -4.0% | $37.87/hr |
| Accountant in IN | $77,720 | -5.3% | $37.37/hr |
| Loan Officer in IN | $72,960 | -11.1% | $35.08/hr |
| Securities Sales Agent in IN | $68,290 | -16.8% | $32.83/hr |
| Credit Analyst in IN | $62,660 | -23.7% | $30.13/hr |
Frequently Asked Questions
How much do budget analysts make in Indiana?
- Budget analysts in Indiana earn a median salary of $82,080 per year, or $39 per hour. This is 7.1% below the national average for this position.
What is the salary range for budget analysts in Indiana?
- Budget analysts in Indiana earn between $60,390 and $106,330 annually, depending on experience, employer, and other factors.
Is being a budget analyst in Indiana paid less than the national average?
- Yes, budget analysts in Indiana earn 7.1% less than the national average, with a median of $82,080 compared to higher national figures.
How many budget analysts work in Indiana?
- There are approximately 390 budget analysts currently employed in Indiana, representing the available job opportunities in this field within the state.