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Budget Analyst Salary in Frisco, TX

How much does a budget analyst make in Frisco? Explore median, entry-level, and senior salaries adjusted for Frisco's cost of living.

Median Salary
$79,680
per year in Frisco
Entry Level
$48,585
Starting salary
Senior Level
$108,831
Experienced professionals
Cost of Living
114
14% above national avg

Salary Breakdown by Experience Level

See how budget analyst salaries break down across different pay periods in Frisco.

PeriodEntry LevelMedianSenior
Annual$48,585$79,680$108,831
Monthly$4,049$6,640$9,069
Biweekly$1,869$3,065$4,186
Weekly$934$1,532$2,093
Hourly$23$38$52

Frisco vs National Average

How Frisco's budget analyst salaries compare to national figures.

Frisco Salary
$79,680
COL Index: 114
National Average
$83,340
COL Index: 100
Difference
-$3,660
Lower in Frisco

Cost of Living in Frisco

1-Bedroom Rent
$1,700
per month
Median Income
$72,456
per year
Population
184,246
residents
Rent % of Income
28.2%
median household
Cost of Living Index: 114 — A score of 100 represents the U.S. average. Salaries in Frisco have been adjusted to account for local cost differences.

About Budget Analyst

Overview

Develop budgets and monitor spending for organizations.

Education

Bachelor's degree in Accounting, Finance, or related field

Key Skills

Budget DevelopmentFinancial AnalysisExcelForecasting

Growth Rate

Expected job growth: +15% over the next decade

Compare Cities: Budget Analyst Salary

See Budget Analyst salaries in other top cities.

New York, NY
$97,740
+23%
Los Angeles, CA
$104,970
+32%
Chicago, IL
$87,120
+9%
Houston, TX
$84,140
+6%
Phoenix, AZ
$82,790
+4%

Financial Tools to Explore

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Cost of Living Calculator

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Budget Analyst Salary in Frisco, TX — Complete Guide

Median Salary Overview

The median salary for a budget analyst in Frisco, TX is $79,680 per year, adjusted for the local cost of living index of 114. This figure reflects typical earnings for experienced professionals in this role, considering Frisco's unique economic conditions.

Salary Range and Experience Levels

Entry-level budget analyst professionals in Frisco can expect to earn around $48,585 annually. As professionals gain experience, salaries typically increase, with senior-level budget analysts earning approximately $108,831 per year. This represents a 124% increase from entry to senior level.

Cost of Living Adjustment

Frisco's cost of living index of 114 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Frisco are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $83,340, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a budget analyst's salary in Frisco typically goes toward housing. With a 1-bedroom apartment averaging $1,700 per month, housing represents about 25.6% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Budget Analysts are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Frisco, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.