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Budget Analyst Salary in Lacey, WA

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

Median Salary
$95,208
per year in Lacey
Entry Level
$58,053
Starting salary
Senior Level
$130,039
Experienced professionals
Cost of Living
102
2% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$58,053$95,208$130,039
Monthly$4,838$7,934$10,837
Biweekly$2,233$3,662$5,002
Weekly$1,116$1,831$2,501
Hourly$28$46$63

Lacey vs National Average

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

Lacey Salary
$95,208
COL Index: 102
National Average
$83,340
COL Index: 100
Difference
+$11,868
Higher in Lacey

Cost of Living in Lacey

1-Bedroom Rent
$1,150
per month
Median Income
$62,234
per year
Population
55,440
residents
Rent % of Income
22.2%
median household
Cost of Living Index: 102 — A score of 100 represents the U.S. average. Salaries in Lacey 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
+3%
Los Angeles, CA
$104,970
+10%
Chicago, IL
$87,120
-8%
Houston, TX
$84,140
-12%
Phoenix, AZ
$82,790
-13%

Financial Tools to Explore

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Cost of Living Calculator

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Budget Analyst Salary in Lacey, WA — Complete Guide

Median Salary Overview

The median salary for a budget analyst in Lacey, WA is $95,208 per year, adjusted for the local cost of living index of 102. This figure reflects typical earnings for experienced professionals in this role, considering Lacey's unique economic conditions.

Salary Range and Experience Levels

Entry-level budget analyst professionals in Lacey can expect to earn around $58,053 annually. As professionals gain experience, salaries typically increase, with senior-level budget analysts earning approximately $130,039 per year. This represents a 124% increase from entry to senior level.

Cost of Living Adjustment

Lacey's cost of living index of 102 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Lacey 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 Lacey typically goes toward housing. With a 1-bedroom apartment averaging $1,150 per month, housing represents about 14.5% 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 Lacey, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. 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.