Budget Analysts in Minnesota

May 2025 wages · tax year 2026
You keep
$64,987
after federal, FICA and Minnesota tax
Tax takes
$20,983
24.4% of the whole
Worth, in national money
$66,033
Minnesota costs less than average
On that salary you would be around the 25th percentile for this work in Minnesota — roughly, since only five points along the band are published.
One filer, standard deduction, no dependants and nothing paid in before tax — the same household the rest of this page uses, so the comparison holds. City and school-district income taxes are not included.
Median here
$85,970
Kept after tax
$64,987
Worth in national money
$66,033
State rank
28
of 51 states
What this pays, and what it is worth
- Neither high nor low. Minnesota is 28 of 51 states for budget analysts, with a middle wage of $85,970. What that is worth is the question the rest of this page answers.
- Within Minnesota this is well-paid work. Of 490 occupations with published figures in the state, budget analysts ranks 115 — in the top quarter of everything people do there.
- No great distortion either way. Minnesota costs about what the country costs, so from $85,970, take-home of $64,987 is worth roughly $66,033 in national money. The average comes to $94,810, above the middle, thanks to the top of the range.
- Minnesota ranks 28 of 51 for budget analysts at $85,970. The nominal figure is unremarkable; the adjusted figures are where the state's actual position for this occupation is determined.
- Ranked against every occupation Minnesota publishes a median for, budget analysts sits 115 of 490 — the upper quartile of the state's wage distribution. National standing and within-state standing are separate questions, and a job can occupy very different positions on each.
- Price parity in Minnesota is near the national base, so for budget analysts, whose median is $85,970, the adjusted figure of $66,033 differs little from $64,987 retained after tax. The state's position for this occupation is therefore set by wage and tax rather than by living costs. At $94,810 the mean overshoots the median — the usual right-skewed shape.
Compare this career across states
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Pay band: Budget Analysts
The state median for this job
| Lowest tenth earn under | $65,160 |
|---|---|
| Half earn under | $85,970 |
| Top tenth earn over | $134,040 |
| This salary | $85,970 |
Positions between the published tenth, quarter, half, three-quarter and ninetieth points are estimated by straight line.
The same pay, somewhere else
The state median for this job
| Take-home in Minnesota | $64,987 |
|---|---|
| Take-home in Texas | $69,310 |
| Once local prices are leveledBEA price parity | +$5,292 |
State income tax and state price levels only. No city income tax, and no housing market.
What you would need there
The state median for this job
| To match take-home only | $79,826 |
|---|---|
| You could take a cut of | −$7,310 |
| Prices in Texas | 97 vs 98 |
State taxes and state price levels only. No city tax, and no housing market.
Sources and assumptions
- Treat $85,970 as a midpoint for Minnesota, not a promise. The tenth percentile is $65,160 and the ninetieth is $134,040 — a wide band, and where you land in it depends on far more than the state.
- That $64,987 take-home in Minnesota comes from $85,970. It is the no-frills case: single filer, standard deduction, nothing set aside before tax. Real circumstances almost always reduce the tax. City and school-district taxes are not counted at all. Locally the work ranks 115 of 490.
- The wage data and the price data come from different years. That is how each is published. The price adjustment behind $66,033 uses one figure for the whole of Minnesota. A city and a rural county there can differ by more than two states do. Out of 490 occupations the state publishes, this one sits at 115.
- The Minnesota median of $85,970 describes the midpoint of a distribution spanning $65,160 to $134,040. Because that spread is typically larger than the interstate spread, a state median is a weak predictor for any individual worker in this occupation.
- Retained pay of $64,987, from $85,970, assumes a single Minnesota filer with the standard deduction and no elective deferrals. Pre-tax retirement or HSA contributions, dependants and itemized deductions all reduce it further; local income taxes, excluded here, would increase it in the states that levy them. This occupation ranks 115 of 490 locally, and the state ranks 28 of 51 for it.
- Wage and price series carry different reference periods, each published on its own schedule. The real-terms figure of $66,033, worked from $85,970, deflates by a statewide parity that conceals substantial intra-state variation, concentrated in housing — so it supports comparison between states rather than the pricing of a move to a particular Minnesota address, on work sitting at 115 of 490 locally.
Questions people ask
Is this the average pay for the job?
Half earn more than this and half earn less. The average sits at $94,810 because a long tail of high pay lifts it, so the two answer different questions.
Why is the pay range for this job so wide?
Because one job title covers very different work. The bottom tenth here earn $65,160 and the top tenth $134,040 — experience, employer and specialism separate them, and a single figure hides all three.
What does this pay actually buy where I live?
Further than the number implies. Minnesota is cheaper than the national average, so this take-home behaves like $66,033 in national terms.
Where does the difference between the wage and my paycheck go?
Three of them are federal and one is not. After income tax, Social Security, Medicare and Minnesota's own levy, $64,987 remains.
Can I compare this job across every state?
Yes for this one. Pay is published in all 51 jurisdictions, so a state-to-state comparison here rests on the same survey everywhere rather than on a patchwork.
How does the published median differ from the mean for this occupation?
The median is the midpoint of the distribution; the mean for this occupation in Minnesota is $94,810. Wage distributions are right-skewed, so the mean exceeds the median wherever a minority earn substantially more. BLS publishes both because substituting one for the other misstates a typical worker's pay.
What drives the percentile dispersion in this occupation?
Dispersion between the tenth percentile ($65,160) and the ninetieth ($134,040) exceeds the family median dispersion. SOC codes aggregate roles differing in seniority, industry and specialisation, and BLS does not disaggregate below the detailed occupation level, so within-title variance is not separable from the published series.
What is this occupation's price-adjusted compensation in this state?
Minnesota's regional price parity is at or below the national average, so nominal wages understate purchasing power. Take-home deflated by the state price level is $66,033 in national-average terms. The adjustment uses an all-items index and does not isolate housing.
What accounts for the gap between gross wage and take-home here?
Take-home of $64,987 reflects federal income tax, OASDI, Medicare and Minnesota income tax for a single filer with no adjustments. The state layer is levied in addition to the federal one; only its rate and base differ between states.
Is this occupation's state coverage complete?
State-level estimates are published for all 51 jurisdictions for this occupation, so cross-state comparison is not confounded by suppression. ⚠️ Estimates remain survey-based and carry sampling error; small differences between adjacent states should not be over-read.