FinanceUpdated Q1 2025

Budget Analyst Salary
in Paterson, NJ

Develop budget proposals and analyze spending to help organizations manage finances. Median salary in Paterson: $82K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$82K
per year
Take-home: $49K

Salary range in Paterson

Entry level (25th)$62,000
Median (50th)$82,000
Senior (75th)$104,000
Top earner (90th)$130,000

Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Paterson, New Jersey.

Key facts for Paterson

Median salary
$82K
annual
Take-home pay
$49K
after fed/state tax
COL index
140
100 = US avg
State income tax
10.75%
annual
Avg 1BR rent
$1,900
per month
YoY growth
+2.5%
salary trend

Salary forecast: Paterson Budget Analyst to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $82K by 2030.

Salary trend & forecast — Paterson

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

HistoricalProjected
Budget Analyst salary trend 2019–2030PROJECTED →$69K$75K$81K$87K$93K201920212023202520272029
2026
$84K
projected
2027
$86K
projected
2028
$88K
projected
2029
$91K
projected
2030
$93K
projected

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

YearProjected median salaryvs today
2027 projected$82,000+$0
2028 projected$82,000+$0
2029 projected$82,000+$0
2030 projected$82,000+$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 Paterson, New Jersey: Complete Guide (2026)

The median Budget Analyst salary in Paterson, NJ is $82,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the Paterson–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 Paterson

Entry-level Budget Analysts in Paterson with 0–2 years of experience typically earn between $62,000 and $82,000 annually. Mid-career professionals with 3–7 years command $82,000 to $104,000, while senior-level practitioners with 8+ years of experience regularly earn $104,000 to $130,000 or more.

Cost of living in Paterson for Budget Analysts

Paterson has a cost of living index of 140 compared to the US national average of 100. Paterson'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
Paterson (current)$82K140
Newark155
Jersey City162
Elizabeth145
Edison138