Hiring a budget analyst in Detroit, MI

Employers in the Detroit-Warren-Dearborn, MI area pay budget analysts a median of $102,080, with the middle half of the market between $79,220 and $141,450. Detroit residents working in business and financial operations occupations report a median of $61,628, which is 40% below what the metro pays for this role.

What does a budget analyst earn here?

Place of work

What employers pay

Annual wages paid by employers in the Detroit-Warren-Dearborn, MI area. BLS OEWS, May 2025.
25th percentile	$79,220
Median	$102,080
75th percentile	$141,450

Half of budget analysts in this area earn between $79,220 and $141,450. A band set below $79,220 competes for the bottom quarter of the market.

Place of residence

What Detroit residents earn

$61,628

Median earnings of Detroit residents working in business and financial operations occupations, 8,831 people. Census ACS 5-year 2023, tables S2401 and B24011. Where people live, not where they work, so it is not the same measurement as the wages beside it.

The 40% figure is not a pay gap. ACS counts the civilian employed population 16 and over, part-time and part-year work included; OEWS counts wage-and-salary jobs only. The two populations differ, so read this number against other cities rather than as a shortfall: the same definitional difference applies to every city equally, which is what makes a city-to-city reading sound.

The role pays well above the local residential norm, which usually means you can hire from inside Detroit rather than competing for commuters.

What does the role actually involve?

Core tasks

Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
Review operating budgets to analyze trends affecting budget needs.
Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.

O*NET 29.1, task statements for SOC 13-2031.

Tools and technologies in demand

Accounting software, Microsoft Excel, Microsoft Office software, Microsoft Outlook, Microsoft PowerPoint, Microsoft Access, Microsoft SharePoint, Microsoft Visual Basic.

O*NET 29.1, flagged in demand or hot for this occupation. Useful as a screen, not as a checklist.

Is the talent actually in Detroit?

This is a job zone four: considerable preparation needed occupation. Most of these occupations require a four-year bachelor's degree, but some do not.

That matters here, because 17.6% of Detroit adults hold a bachelor's degree or higher. That is a thin local pool for a degree-requiring role, so expect to recruit across the metro rather than inside the city. Census ACS 5-year 2023, table S1501.

The average Detroit commute runs 25.4 minutes, which is roughly how far your catchment reaches before candidates start saying no. 10.1% already work from home, so a fully onsite requirement here is competing against that.

What does the search cost?

The fee is set by the seniority of the role, never by salary and never by location. Across all six tiers it runs $6,240 to $54,340 per search. A contingency firm hiring at this role's median would bill roughly $20,416 to $30,624 on the first year salary alone.

One owner runs the search from market map to signed offer. Searches typically fill in 23 to 35 days, which is a typical window rather than a promise, and the replacement guarantee runs 45 days at 50% off.

Price this search

Eight questions about the role. Your tier range appears on screen.

Hiring a budget analyst somewhere else?

Same role, different market. The wage band moves with the metro.

Other business and financial operations roles in Detroit

Detroit is the largest of 2 Michigan cities in this dataset.