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Budget Analyst Salary in Detroit, Michigan

Updated 2026-04-05BLS 2024 data — be the first to add a local report

Salary Distribution

BLS 2024
$72,389/ year

Median Budget Analyst in Detroit, MI

$43,296
10th
$52,800
25th
$72,389
Median
$95,040
75th
$115,949
90th

Compensation Breakdown

BLS 2024
Base salary (median)
$72,389
Total compensation (est.)
$83,247
Bonus range
$3,000 – $12,960
Mean salary
$76,732

How This Compares

Detroit, MI median
$72,389
Michigan median
$83,905-13.7%
National median
$82,260-12.0%

Cost of living in Detroit is 12% below the national average. Salary of $72,389 here is equivalent to $82,260 nationally.

Salary by Experience

0-2 years
$52,120-28.0%
3-5 years
$65,874-9.0%
6-10 years
$81,076+12.0%
10+ years
$99,897+38.0%

Salary by Company Size

Startup (< 100 employees)
$63,702-12.0%
Mid-size (100–5,000)
$72,389
Enterprise (5,000+)
$85,419+18.0%

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Budget Analyst Salaries in Nearby Cities

Grand Rapids, MI$82,260/yr
Warren, MI$82,260/yr
Sterling Heights, MI$82,260/yr
Ann Arbor, MI$82,260/yr
Lansing, MI$82,260/yr

Related Jobs in Detroit

Financial Analyst$87,129/yr
Accountant$70,294/yr
CPA$70,294/yr
Investment Banker$87,129/yr
Financial Advisor$87,630/yr

Quick Numbers

Hourly (40hr week)$35/hr
Monthly gross$6,032/mo
25th percentile$52,800/yr
75th percentile$95,040/yr

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Market Context

via FRED

Fed Funds Rate

Mar 2026

3.64%

Inflation (CPI)

year-over-year

2.4%+0.04

National Unemployment

Mar 2026

4.3%-0.10

Michigan Unemployment

Dec 2025

5.0%

Avg Hourly Earnings

all private workers

$37.38+$0.09

10yr Treasury

Apr 2026

4.31%

Source: St. Louis Fed (FRED). Updated daily.

Budget Analyst Salaries by City

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Frequently Asked Questions

What is the average Budget Analyst salary in Detroit?

The median Budget Analyst salary in Detroit is $72,389 per year, with a range from $52,800 at the 25th percentile to $95,040 at the 75th percentile. Total compensation including bonuses typically runs higher — see the breakdown above for the full picture.

How does Budget Analyst pay in Detroit compare to the national average?

Budget Analyst salaries in Detroit are 12% below the national median of $82,260. After adjusting for Detroit's cost of living, the purchasing power of that salary is equivalent to roughly $82,260 nationally — which is the number that actually matters when comparing offers across cities.

What factors affect Budget Analyst salaries in Detroit?

In Detroit, the biggest drivers are years of experience, company size, and industry vertical. Entry-level Budget Analyst roles start around $43,296, while senior and staff-level positions at larger employers can reach $115,949 or above. Specialized skills and in-demand tools can also meaningfully shift where you land in the range.

Is Detroit a good place for Budget Analyst jobs?

Detroit offers a Budget Analyst median of $72,389, which is 12% below the US median of $82,260. Whether that makes it a good market depends on your personal cost-of-living equation — Detroit is 12% cheaper than the national average, so factor that into your math.

How do I negotiate a higher Budget Analyst salary?

Start with the data on this page: the 75th percentile for Budget Analyst in Detroit is $95,040, which is a defensible anchor for a negotiation. Come in with a specific number backed by real market data — not a range — and reference your experience tier. If you're above the median, ask for the 75th percentile. If you're already at the 75th, push for total comp improvements like equity or bonus instead.