Develop budget proposals and analyze spending to help organizations manage finances. Median salary in Duluth: $75K/year. Data from BLS, O*NET, and H-1B disclosures.
Figures represent annual base salary in Duluth, Minnesota. Reviewed by SalaryOptics Editorial · How we calculate this →
Analysis derived from the salary, COL, tax, and labor-market figures above — specific to this role and city.
Budget Analysts in Duluth earn approximately 9% lower than the US national median for this role — a $7,000 discount on annual base salary. Duluth's lower wage level partially reflects the area's cost-of-living index of 92 (US avg = 100).
Average 1-bedroom rent in Duluth ($1,100/mo) consumes approximately 28% of an after-tax median Budget Analyst salary. Financial planners typically recommend keeping housing under 30% of take-home — a salary at the 75th percentile ($96K) brings that ratio into a more comfortable range here.
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $75K by 2030.
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The median Budget Analyst salary in Duluth, MN is $75,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Duluth–MN metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Entry-level Budget Analysts in Duluth with 0–2 years of experience typically earn between $57,000 and $75,000 annually. Mid-career professionals with 3–7 years command $75,000 to $96,000, while senior-level practitioners with 8+ years of experience regularly earn $96,000 to $120,000 or more.
Duluth has a cost of living index of 92 compared to the US national average of 100. This means your salary goes approximately 8% further in Duluth than the national average. Minnesota has a 6.8% state income tax rate.
Bachelor's in Finance, Economics, or Accounting. 45% of these roles offer some remote flexibility.