Budget Analysts pay range in Memphis
New workers and the lowest-paid 10% earn about $66,900 a year or less, while the top 10% make $135,410 or more. The middle half of budget analysts in Memphis earn between $79,240 and $109,980.
- $67K10th
- $79K25th
- $93KMedian
- $110K75th
- $135K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $95,990 | $7,999 | $46.15 |
| Median | $93,450 | $7,788 | $44.93 |
| Entry level (25th percentile) | $79,240 | $6,603 | $38.10 |
| Experienced (75th percentile) | $109,980 | $9,165 | $52.88 |
*Hourly figures assume 2,080 paid hours a year.
Budget Analysts salary after taxes in Memphis
On the average salary of $95,990, a single filer in Memphis takes home about $76,359 a year, or $6,363 a month and $2,937 every two weeks. Taxes take 20% of gross pay.
The Memphis, TN-MS-AR metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in TN | $76,359 | $6,363 |
| Working in AR | $73,295 | $6,108 |
| Working in MS | $73,251 | $6,104 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Memphis a good place for budget analysts? Pay vs. cost of living
Prices in the Memphis area are 8% below the U.S. average (BEA price parity 92.2), so the average $95,990 buys what about $104,134 would buy in a typical U.S. metro. This job pays 2.0 times the median wage of all jobs in Memphis ($46,890). A typical home costs $247,229, or 2.6 years of this average salary before tax.
Budget Analysts salary in other Tennessee cities
Memphis ranks 1st of 5 Tennessee metro areas for this job, the best-paid in the state.
- Memphis$95,990
- Nashville$93,410
- Chattanooga$91,690
- Knoxville$90,400
- Clarksville$88,470
Highest-paying cities for budget analysts
San Jose, CA pays this job the most of the metro areas we cover ($130,420).
- San Jose, CA$130,420
- Washington, DC$124,390
- Iowa City, IA$122,820
- San Francisco, CA$117,830
- Ann Arbor, MI$117,690
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Budget Analysts salary in Memphis: questions
How much do budget analysts make an hour in Memphis?
$46.15 an hour on average, and $44.93 at the median (BLS, May 2025).
What is the entry-level budget analysts salary in Memphis?
The lowest-paid 10% earn about $66,900 a year and the 25th percentile is $79,240, a fair guide to starting pay.
What is the budget analysts take-home pay in Memphis?
About $76,359 a year ($6,363 a month) for a single filer on the average salary of $95,990. Tennessee has no state income tax.
Do budget analysts earn more in Memphis than elsewhere?
The average here is about the same as the U.S. metro average for this job ($97,889).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2031; area Memphis, TN-MS-AR (32820). Relative standard error of the mean wage: 1.7%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
- Job concentration: location quotient 1.20, this job is about as common as in the U.S. overall.
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