Budget Analysts Pay Range in New Mexico
Pay distribution across experience levels
- 10th Percentile — Entry Level$58,360
- 25th Percentile — Junior$69,390
- 50th Percentile — Median$87,360
- 75th Percentile — Senior$106,520
- 90th Percentile — Top Earners$129,470
Half of Budget Analysts in New Mexico earn more than $87,360. The top 10% make $129,470 or more, while entry-level workers start around $58,360.
Budget Analysts in New Mexico: Key Facts
Source: BLS OEWS May 2025
- New Mexico ranks 25th of 51 states for Budget Analysts pay, at $91,530 per year (5.0% below the U.S. average of $96,370).
- 740 people work as Budget Analysts in New Mexico — 1.6% of all U.S. Budget Analysts jobs.
- Location quotient 2.81: Budget Analysts jobs are more concentrated in New Mexico than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $58,360; the top 10% earn over $129,470.
- Hourly equivalent: $44.0 per hour (2,080 hours/year).
- The highest-paying state is District of Columbia at $124,680.
- Among business jobs in New Mexico, Personal Financial Advisors pays the most ($151,100).
Budget Analysts Job Market in New Mexico
Key factors affecting compensation
New Mexico's key industries are Government, Energy, Tourism, and its job market is rated moderate. Budget Analysts here earn $91,530 on average, placing the state 25th nationally.
With a cost-of-living index of 0.88 (U.S. = 1.00), a New Mexico salary of $91,530 is roughly equivalent to $104,011 at the national average cost of living.
Compared with nearby states in the pay ranking, Georgia ($93,650), Tennessee ($92,220), Hawaii ($92,200) are the closest alternatives for Budget Analysts weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Business Jobs in New Mexico
Related career salary benchmarks
- Personal Financial Advisors $151,100/yr New Mexico +65.1% vs this role
- Project Management Specialists $117,000/yr New Mexico +27.8% vs this role
- Financial and Investment Analysts $98,910/yr New Mexico +8.1% vs this role
- Logisticians $98,540/yr New Mexico +7.7% vs this role
- Management Analysts $97,450/yr New Mexico +6.5% vs this role
- Compensation and Benefits Specialists $93,060/yr New Mexico +1.7% vs this role
- Business Operations Specialists All Other $85,410/yr New Mexico 6.7% vs this role
- Accountants and Auditors $84,320/yr New Mexico 7.9% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Budget Analysts salary in New Mexico?
The average Budget Analysts salary in New Mexico is $91,530 per year (median $87,360), which is 5.0% below the national average of $96,370.
How does New Mexico rank for Budget Analysts pay?
New Mexico ranks 25th out of 51 states. The highest-paying state is District of Columbia ($124,680/yr).
How much do entry-level Budget Analysts make in New Mexico?
The lowest-paid 10% of Budget Analysts in New Mexico earn about $58,360 per year and the 25th percentile is $69,390.
How much do Budget Analysts make per hour in New Mexico?
About $44.0 per hour, based on the $91,530 annual average and 2,080 working hours per year.
How many Budget Analysts work in New Mexico?
BLS counts 740 Budget Analysts jobs in New Mexico (OEWS May 2025).
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