upper level job

How much does a Budget Manager make?

As of April 01, 2025, the average annual salary for a Budget Manager in the United States is $128,547. Salary.com reports that pay typically ranges from $114,105 to $141,049, with most professionals earning between $100,956 and $152,431.

Budget Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $141,049 $11,754 $2,712 $68
Average $128,547 $10,712 $2,472 $62
25th Percentile $114,105 $9,509 $2,194 $55

Average Salary

25% $114,105 10% $100,956 90% $152,431 75% $141,049 $128,547 50%(Median) Didn’t find job title? Click
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How much does a Budget Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Budget Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Budget Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025
Last Updated on April 01, 2025

How Does Experience Level Affect a Budget Manager's Salary?

An entry-level Budget Manager with less than 1 year of experience earns about $123,158. With 1-2 years of experience, the average salary increases to $123,805. For 2-4 years of experience, the pay typically rises to $125,314. Senior-level professionals with 5-8 years of experience earn around $129,480, and those with over 8 years of experience can expect an average of $133,212.

Levels Salary
Entry Level Budget Manager $123,158
Intermediate Level Budget Manager $123,805
Senior Level Budget Manager $125,314
Specialist Level Budget Manager $129,480
Expert Level Budget Manager $133,212
$123,158 0 yr
$123,805 < 2 yrs
$125,314 2-4 yrs
$129,480 5-8 yrs
$133,212 > 8 yrs
Last Updated on April 01, 2025
Entry Level 4%
Mid Level 4%
Senior Level 3%
Top Level 1%
Experienced 4%
View as graph
Last Updated on April 01, 2025

How much does salary of Budget Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Budget Manager is $160,542.
  • In New York, NY, the average annual salary is $148,973.
  • In Boston, MA, a Budget Manager earns $143,368 per year.

What is the salary trend of Budget Manager?

As of April 01, 2025, our research reveals a significant shift in Budget Manager compensation over the past six years. For example, the median salary increased from $113,839 in 2023 to approximately $114,751 in 2024. (For a detailed analysis of Budget Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Budget Manager Over Time

2020
$???
2021
$???
2022
$???
$113,839
2023
$114,751
2024
$114,117
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$113,839
2024
$114,751
2025
$114,117
2026
$???
Last Updated on April 01, 2025

Budget Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $113,839
2024 $114,751
2025 $114,117
2026 View More
Last Updated on April 01, 2025

Job Openings of Budget Manager

Salary.com job board provides millions of Budget Manager information for you to search for. Click on search button below to see Budget Manager job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 72.4%
Bonuses 0.0%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 4.7%
Pension 3.9%
Time Off 8.9%
Core Compensation
Core Compensation Median % of Total
Base Salary $128,547 72.4%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $9,834 5.5%
401K/403B $5,399 3.0%
Disability $2,571 1.4%
Healthcare $8,352 4.7%
Pension $6,942 3.9%
Time Off $15,821 8.9%
Total Compensation $177,466 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Budget Manager with different levels of education?

Salaries for Budget Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Budget Manager with a Bachelor's Degree is $130,210 - $139,103. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Budget Manager Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Budget Manager
Degree Level % of user with this level of education
High School 1.7%
Associates 2.8%
Bachelors 38.1%
Masters 57.4%
Typical Education for Budget Manager
High School 1.7%
Associates 2.8%
Bachelors 38.1%
Masters 57.4%
view as table

Budget Manager Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Budget Manager

1. What is the average salary of a Budget Manager?

The average annual salary of Budget Manager is $128,547. In case you are finding an easy salary calculator, the average hourly pay of Budget Manager is $62; the average weekly pay of Budget Manager is $2,472; the average monthly pay of Budget Manager is $10,712.

2. Where can a Budget Manager earn the most?

A Budget Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Budget Manager earns the most in San Jose, CA, where the annual salary of a Budget Manager is $162,136.

3. What is the highest pay for Budget Manager?

The highest pay for Budget Manager is $152,431.

4. What is the lowest pay for Budget Manager?

The lowest pay for Budget Manager is $100,956.

5. What are the responsibilities of Budget Manager?

Manages and coordinates budgeting activities and the implementation of the organization's budget policies and guidelines. Monitors actual performance against estimates and prepares annual and interim budgets. Coordinates budget appropriations and responds to exception requests for funds. Monitors and analyzes performance against budgets. Implements and supports tools and reporting used for planning, forecasting, monitoring, and decision support. Requires a bachelor's degree in accounting. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

6. What are the skills of Budget Manager

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.

3.)

Accounts Receivable: Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Budget Manager is $128,547 per year in the United States, updated at April 01, 2025.
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