FinanceUpdated Q1 2026

Budget Analyst Salary
in Jersey City, NJ

Develop budget proposals and analyze spending to help organizations manage finances. Median salary in Jersey City: $116K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$116K
per year
Take-home: $69K

Salary range in Jersey City

Entry level (25th)$88,000
Median (50th)$116,000
Senior (75th)$148,000
Top earner (90th)$185,000
Data freshness

Figures represent annual base salary in Jersey City, New Jersey. Reviewed by SalaryOptics Editorial Β· How we calculate this β†’

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What the numbers say for Jersey City

Analysis derived from the salary, COL, tax, and labor-market figures above β€” specific to this role and city.

41% premium vs national median

Budget Analysts in Jersey City earn approximately 41% higher than the US national median for this role β€” a $34,000 premium on annual base salary. This reflects Jersey City's position as a higher-cost labor market where employers must match local wage norms.

Cost-of-living adjusted picture

Adjusted for Jersey City's cost-of-living index (162), the median Budget Analyst salary buys the equivalent of $71,605 in a US-average-cost city. That's $10,395 less purchasing power than the national median β€” the higher nominal salary doesn't fully offset local costs.

10.75% state tax = $12,470/yr

New Jersey's 10.75% state income tax reduces take-home by roughly $12,470 per year at the median salary. A Budget Analyst relocating to a no-tax state like Texas, Florida, or Tennessee would retain that amount without changing gross pay.

Key facts for Jersey City

Median salary
$116K
annual
Take-home pay
$69K
after fed/state tax
COL index
162
100 = US avg
State income tax
10.75%
effective rate
Avg 1BR rent
$3,000
per month
YoY growth
+2.5%
salary trend

Salary forecast: Jersey City Budget Analyst to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $116K by 2030.

Salary trend & forecast β€” Jersey City

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Budget Analyst salary trend 2019–2030PROJECTED β†’$97K$106K$114K$123K$131K201920212023202520272029
2026
$119K
projected
2027
$122K
projected
2028
$125K
projected
2029
$128K
projected
2030
$131K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$116,000+$0
2028 projected$116,000+$0
2029 projected$116,000+$0
2030 projected$116,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Budget Analyst Salary in Jersey City, New Jersey: Complete Guide (2026)

The median Budget Analyst salary in Jersey City, NJ is $116,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Jersey City–NJ 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.

Salary range for Budget Analyst in Jersey City

Entry-level Budget Analysts in Jersey City with 0–2 years of experience typically earn between $88,000 and $116,000 annually. Mid-career professionals with 3–7 years command $116,000 to $148,000, while senior-level practitioners with 8+ years of experience regularly earn $148,000 to $185,000 or more.

Cost of living in Jersey City for Budget Analysts

Jersey City has a cost of living index of 162 compared to the US national average of 100. Jersey City's cost of living is above the US average, so the salary figures above reflect local market rates. New Jersey has a 10.75% state income tax rate.

Education requirements for Budget Analyst

Bachelor's in Finance, Economics, or Accounting. 45% of these roles offer some remote flexibility.

Budget Analyst salary in nearby cities

CityMedian salaryCOL index
Jersey City (current)$116K162
Newark$111K155
Paterson$115K140
Elizabeth$119K145
Edison$113K138