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Budget Analyst Salary in Winston-Salem, NC

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

Median Salary
$76,273
per year in Winston-Salem
Entry Level
$46,508
Starting salary
Senior Level
$104,177
Experienced professionals
Cost of Living
104
4% above national avg

Salary Breakdown by Experience Level

See how budget analyst salaries break down across different pay periods in Winston-Salem.

PeriodEntry LevelMedianSenior
Annual$46,508$76,273$104,177
Monthly$3,876$6,356$8,681
Biweekly$1,789$2,934$4,007
Weekly$894$1,467$2,003
Hourly$22$37$50

Winston-Salem vs National Average

How Winston-Salem's budget analyst salaries compare to national figures.

Winston-Salem Salary
$76,273
COL Index: 104
National Average
$83,340
COL Index: 100
Difference
-$7,067
Lower in Winston-Salem

Cost of Living in Winston-Salem

1-Bedroom Rent
$1,400
per month
Median Income
$54,234
per year
Population
247,945
residents
Rent % of Income
31.0%
median household
Cost of Living Index: 104 — A score of 100 represents the U.S. average. Salaries in Winston-Salem 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
+28%
Los Angeles, CA
$104,970
+38%
Chicago, IL
$87,120
+14%
Houston, TX
$84,140
+10%
Phoenix, AZ
$82,790
+9%

Financial Tools to Explore

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Budget Analyst Salary in Winston-Salem, NC — Complete Guide

Median Salary Overview

The median salary for a budget analyst in Winston-Salem, NC is $76,273 per year, adjusted for the local cost of living index of 104. This figure reflects typical earnings for experienced professionals in this role, considering Winston-Salem's unique economic conditions.

Salary Range and Experience Levels

Entry-level budget analyst professionals in Winston-Salem can expect to earn around $46,508 annually. As professionals gain experience, salaries typically increase, with senior-level budget analysts earning approximately $104,177 per year. This represents a 124% increase from entry to senior level.

Cost of Living Adjustment

Winston-Salem's cost of living index of 104 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Winston-Salem 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 Winston-Salem typically goes toward housing. With a 1-bedroom apartment averaging $1,400 per month, housing represents about 22.0% 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 Winston-Salem, 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.