Budget Analyst Salary in New Mexico
Based on 740+ workers in New Mexico
Data year: 2025 · Last updated: October 2026
Median Annual Salary (NM)
$87,360
$42.00/hr
vs National Average
$88,333
-1.1% vs national median
Salary Range (10th–90th)
$58K – $129K
740 employed in New Mexico
Salary Distribution — Budget Analyst in New Mexico
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $58,360 |
| 25th percentile | $69,390 |
| Median (50th percentile) | $87,360 |
| 75th percentile | $106,520 |
| 90th percentile | $129,470 |
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 New Mexico 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 New Mexico vs National
| Year | Median Salary (New Mexico) |
|---|---|
| 2022 | $90,670 |
| 2023 | $100,350 |
| 2024 | $99,590 |
| 2025 | $87,360 |
| 2026 (projected) | $87,360 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | New Mexico Median | National Median |
|---|---|---|
| 2022 | $90,670 | $79,026 |
| 2023 | $100,350 | $82,697 |
| 2024 | $99,590 | $85,577 |
| 2025 | $87,360 | $88,333 |
| 2026 (projected) | $87,360 | $88,333 |
Budget Analyst Salary by Experience Level in New Mexico
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $69,390 |
| Mid-level | 3-5 yrs | $87,360 |
| Senior | 6-9 yrs | $106,520 |
| Staff / Lead | 10+ yrs | $129,470 |
Budget Analyst Salary in Other States
Related Budget Analyst Salaries in New Mexico
How other high-demand occupations in New Mexico compare to Budget Analyst ($87,360 median).
| Occupation | Median Salary | vs Budget Analyst | Hourly |
|---|---|---|---|
| Financial Manager in NM | $133,700 | +53.0% | $64.28/hr |
| Personal Financial Advisor in NM | $94,270 | +7.9% | $45.32/hr |
| Financial Analyst in NM | $87,630 | +0.3% | $42.13/hr |
| Tax Examiner in NM | $80,610 | -7.7% | $38.75/hr |
| Accountant in NM | $78,580 | -10.1% | $37.78/hr |
| Credit Analyst in NM | $72,160 | -17.4% | $34.69/hr |
| Compliance Officer in NM | $67,990 | -22.2% | $32.69/hr |
| Financial Examiner in NM | $67,950 | -22.2% | $32.67/hr |
| Loan Officer in NM | $62,610 | -28.3% | $30.10/hr |
| Securities Sales Agent in NM | $60,850 | -30.3% | $29.25/hr |
| Insurance Sales Agent in NM | $45,180 | -48.3% | $21.72/hr |
| Environmental Scientist in NM | $86,630 | -0.8% | $41.65/hr |