New Mexico Median
$87,360
per year
Hourly Rate
$42.00
based on 2,080 hrs/yr
vs National
-5% vs US median
US median $91,640
State Rank
#24 of 51
740 employed here
How much does a Budget Analyst make in New Mexico?
A Budget Analyst working in New Mexico earns a median salary of $87,360 per year, or about $42.00 per hour. That is 5% below the national median of $91,640 for this occupation.
Within New Mexico, entry-level pay starts around $58,360 while the top 10% make $129,470 or more. The middle 50% of earners fall between $69,390 and $106,520 a year.
Budget Analyst salary range in New Mexico
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $58,360 | $28.06 |
|
| 25th percentile (early career) | $69,390 | $33.36 |
|
| 50th percentile (median) | $87,360 | $42.00 |
|
| 75th percentile (experienced) | $106,520 | $51.21 |
|
| 90th percentile (top earners) | $129,470 | $62.25 |
|
How New Mexico compares
New Mexico ranks 24th out of 51 states and territories for Budget Analyst pay. The top 5 best-paying states:
Budget Analyst salary in other states
District of Columbia $124,590Maryland $106,020Virginia $105,470California $99,520Alabama $99,490Colorado $97,100Washington $96,640Michigan $96,430New Jersey $96,250Connecticut $95,440Oregon $95,250Illinois $94,880Alaska $94,740Vermont $93,430Rhode Island $92,790New Hampshire $92,600Hawaii $92,380Massachusetts $92,260Georgia $91,870Ohio $89,840Utah $88,610New York $88,540Maine $88,130Tennessee $86,570Iowa $86,550South Carolina $86,260Minnesota $85,970Arizona $84,810Pennsylvania $84,240Florida $84,170Idaho $83,220Nebraska $83,010Texas $82,970North Carolina $82,350Wisconsin $82,180Indiana $82,080Delaware $82,000Missouri $81,980Nevada $81,600Wyoming $81,100Oklahoma $80,990Louisiana $80,530Kansas $80,140Montana $79,700South Dakota $79,180Mississippi $78,850West Virginia $78,850North Dakota $77,400Kentucky $76,860Arkansas $71,800
Working as a Budget Analyst in New Mexico
Nationally, about 47,000 people work as Budget Analysts in the United States. A bachelor's degree (about 4 years of college) is the standard entry requirement.
Considering a move? Compare New Mexico pay ($87,360) against the highest-paying state above, and weigh the difference against housing and everyday costs — a smaller paycheck in a cheaper state can stretch further.
Frequently asked questions
How much does a Budget Analyst make in New Mexico?
The median Budget Analyst salary in New Mexico is $87,360 per year, or about $42.00 per hour, per official BLS state wage estimates. Salaries typically range from $58,360 at the entry level to $129,470 for the top 10% of earners.
How does New Mexico pay compare to the national average?
New Mexico pays Budget Analysts about 5% less than the national median of $91,640. New Mexico ranks 24th out of 51 states and territories reporting this occupation.
Is New Mexico a good state for Budget Analysts?
Pay runs below the national median here, at $87,360 a year. About 740 Budget Analysts are employed in New Mexico. A lower cost of living can offset the smaller paycheck, so compare take-home value, not just salary.
What are the highest-paying jobs in New Mexico?
The highest-paying occupations in New Mexico include Emergency Medicine Physician ($405,130), Anesthesiologist ($393,970), Surgeon, All Other ($363,940), based on median annual pay in official BLS state estimates.
← See the national Budget Analyst salary report
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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). State figures are official BLS state-level wage estimates. Where BLS suppresses a state percentile, it is scaled from the official national distribution. Individual pay varies by employer, metro area, and experience.