Salaries//Chicago, IL//Budget Analyst

Budget Analyst salary in Chicago, IL

Average Base Salary in Chicago, IL

$68,375
$12,625
Additional Cash Compensation
$81,000
Total Compensation
Median: 55,000
Min: $46K
Max: $135K

How Much Does a Budget Analyst Make in Chicago, IL?

The average salary for a Budget Analyst in Chicago, IL is $68,375. The average additional cash compensation for a Budget Analyst in Chicago, IL is $12,625. The average total compensation for a Budget Analyst in Chicago, IL is $81,000. Budget Analyst salaries are based on responses gathered by Built In from anonymous Budget Analyst employees in Chicago, IL.

Budget Analyst
Accountant
Budget Analyst
CFO (Chief Financial Officer)
Controller
Finance Director
Financial Analyst
Senior Accountant
Senior Financial Analyst
Vice President of Finance
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Salary Insights

Budget Analyst Salary by gender

The average Budget Analyst salary for women is $50,000 and the average Budget Analyst salary for men is $135,000.

Budget Analyst Salary by Years of Experience

The average salary for a Budget Analyst with 7+ years of experience is $75,000. The average salary for <1 year of experience is $50,000.

Budget Analyst Salary ranges

The most common Budget Analyst salary in Chicago, IL is between $80k - $90k.

Average Finance salaries in Chicago, IL

Job TitleAverage SalarySalary Range
Budget Analyst$68,375
Min: $46K
Max: $135K
Accountant$70,803
Min: $42K
Max: $146K
Financial Analyst$81,570
Min: $50K
Max: $150K
Senior Accountant$87,338
Min: $57K
Max: $160K
Senior Financial Analyst$103,067
Min: $65K
Max: $225K
Controller$138,269
Min: $92K
Max: $200K
Finance Director$164,392
Min: $115K
Max: $240K
Vice President of Finance$182,507
Min: $120K
Max: $250K
CFO (Chief Financial Officer)$256,323
Min: $153K
Max: $400K

FAQ

Q:

What does a budget analyst do?

A.

A budget analyst keeps track of company expenses, reviewing reports and makes suggestions for future spending and budgeting.

Q:

How to become a budget analyst?

A.

A budget analyst usually has a bachelor's degree in accounting, finance, or a related field. In addition to educational experience, an aspiring budget analyst will typically work for two to five years in roles like financial analyst or junior accountant.

Q:

How much does a budget analyst make?

A.

The salary range for a budget analyst is $45K-$140K. The average salary for a Budget Analyst in Chicago, IL is $68,375.

Q:

Is a budget analyst an accountant?

A.

Though budget analysts have knowledge of general financial and accounting principles, they are typically not certified accountants.

Career Info

Budget Analyst jobs in Chicago, IL

Average Budget Analyst Salary by Company Size

People with the job title Budget Analyst make the most at companies with 51-200 employees, earning $135,000 on average.

Recent Budget Analyst salaries in Chicago, IL

$135,000
Yearly Salary
A Director of Analytics and Business Operations reported a yearly salary of $135,000 with +$20,250 in additional cash compensation
5-7 Years of Experience
Male
51-200 Employees
Chicago, IL
$50,000
Yearly Salary
A Portfolio Analyst reported a yearly salary of $50,000 with +$5,000 in additional cash compensation
< 1 Year of Experience
Female
501-1,000 Employees
Chicago, IL
1-5 Reports
$85,000
Yearly Salary
A Budget reported a yearly salary of $85,000
3-5 Years of Experience
Prefer not to say
501-1,000 Employees
Chicago, IL
1-5 Reports
$46,000
Yearly Salary
A Budget Analyst reported a yearly salary of $46,000
501-1,000 Employees
Chicago, IL
$53,000
Yearly Salary
A Budget Analyst reported a yearly salary of $53,000
501-1,000 Employees
Chicago, IL
$55,000
Yearly Salary
A Budget Analyst reported a yearly salary of $55,000
501-1,000 Employees
Chicago, IL
$56,000
Yearly Salary
A Budget Analyst reported a yearly salary of $56,000
501-1,000 Employees
Chicago, IL
$67,000
Yearly Salary
A Budget Analyst reported a yearly salary of $67,000
501-1,000 Employees
Chicago, IL