SOC 13-2031

Budget Analyst Salary in Memphis, TN-MS-AR (2026)

Data updated · Sources: BLS OEWS May 2025, HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology

Tax Tables: 2026 Fed + TN
COL Index: 106.87 (+6.9% vs US)
Net Compensation Yield 75.1% Realized
$70,199 / net annual direct deposit
Gross Adjusted $93,450 $44.93/hr
Effective Tax Drag 18.88% Combined Jurisdictions
Marginal Top Bracket 22% Federal Statutory
Total Withheld -$17,644 $678.63/check
Category 1 of 6

Wage Benchmarking & After-Tax Paycheck Engine

Dynamic statutory tax calculations based on IRS Publication 15-T and state statutory schedules.

$
2,080 annual statutory base hours $44.93 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$5,607/yr)
0% Tax Shield: ~$1,234/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$10,495
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$5,794
Medicare Hospital Insurance
Statutory 1.45%
-$1,355
Tennessee Individual Income Tax
State Marginal Bracket
-$0
Net Take-Home Annual Realized
$70,199 ($2,699.95 / check)
Category 2 of 6

Memphis, TN-MS-AR Budget Analyst Wage Distribution

Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) Percentiles & Career Ladders

Your Salary: $93,450
MIDDLE 50% (IQR RANGE) 10th $66.9k 25th $79.2k Median: $93,450 50th (Median) $93.5k 75th $110k 90th $135k You: $93,450
10th (Entry) $66,900 $32.16/hr
25th (Junior) $79,240 $38.10/hr
50th (Median) $93,450 $44.93/hr
75th (Senior) $109,980 $52.88/hr
90th (Lead/Master) $135,410 $65.10/hr
Career Progression & Licensing Milestones for Budget Analyst in Memphis, TN-MS-AR
1
Junior Budget AnalystFund accounting, budget variance tracking, financial reporting spreadsheets
$57,106$27.45/hr · 0-2 Years
2
Budget AnalystDepartmental appropriation requests, fiscal impact statements, revenue forecasting
$85,659$41.18/hr · 2-5 Years
3
Senior Budget AnalystLegislative/board budget defense, capital expenditure planning, fiscal policy analysis
$112,173$53.93/hr · 5-8 Years
4
Budget DirectorEnterprise / municipal budget formulation, fiscal policy governance
$144,805$69.62/hr · 8+ Years
Scaled to the Memphis, TN-MS-AR medianView National Budget Analyst Salary Data
Adjacent Career Pivots & National Pay Differences
Credit Analysts-$8,130/yr
National median: $83,510
Skill overlap: 95%
Accountants and Auditors-$7,960/yr
National median: $83,680
Skill overlap: 93%View Salary
Financial Managers+$74,930/yr
National median: $166,570
Skill overlap: 90%View Salary
Personal Financial Advisors+$13,430/yr
National median: $105,070
Skill overlap: 87%
Category 3 of 6

HUD Fair Market Rent & EPI Living Wage Affordability Index

Evaluating housing affordability vs. net take-home pay in Memphis, TN-MS-AR under the HUD 30% housing cost guideline.

Rent-to-Take-Home Ratio (HUD 30% Standard)
20% of Net Income
✓ Passes 30% Housing Affordability Standard
HUD Fair Market Rent (1-Bedroom) $1,191/month Requires minimum annual gross of $47,640
HUD Fair Market Rent (2-Bedroom) $1,301/month Requires minimum annual gross of $52,040
Hourly Living Wage Benchmark (EPI model)
1 Adult Earner: $23.64/hr
Per adult, 2 working adults + 1 child: $20.37/hr
Category 4 of 6

Hourly Wage to Annual & Overtime Matrix

Translating base hourly pay and 1.5× overtime into net take-home pay based on 2,080 annual work hours in Memphis, TN-MS-AR.

Swipe horizontally to inspect full pay schedule
Schedule Total Hours/Wk Gross Annual Est. Taxes Net Take-Home Bi-Weekly Check
Standard (40 hrs)40 hrs$93,450-$17,644$70,199$2,699.95
+5h Overtime/Wk45 hrs$110,972-$22,608$81,705$3,142.51
+10h Overtime/Wk50 hrs$128,494-$27,572$93,212$3,585.07
+15h Overtime/Wk55 hrs$146,016-$32,845$104,409$4,015.74
+20h Overtime/Wk60 hrs$163,538-$38,139$115,587$4,445.64
Category 5 of 6

Interstate MSA Relocation & State Tax Migration Comparator

Calculate required compensation, cost-of-living differences, and annual state/local tax savings between two metropolitan areas.

Equivalent Salary in Austin, TX $83,505 Cost of Living Ratio: 69.6%
Annual State & Local Tax Delta +$8,331/yr Tax savings in Austin-Round Rock-San Marcos, TX
Annual Rent Difference (1BR) -$17,676/yr Based on HUD Fair Market Rents
Net Discretionary Cash Flow Impact

Combining state tax savings and annual rent variance when relocating from San Francisco-Oakland-Fremont, CA to Austin-Round Rock-San Marcos, TX.

+$26,007/year
Category 6 of 6 · Executive Economic Briefing
2026 Fiscal Intelligence

Budget Analyst in Memphis, TN-MS-AR: Compensation & Purchasing Power Briefing (2026)

Estimates compiled from BLS OEWS wages, IRS 2026 withholding rules, HUD Fair Market Rents, and Tennessee tax codes.

Market Baseline
$93,450/yr
$44.93/hr · SOC 13-2031
Statutory Tax Drag
18.88% Effective
-$17,644 in Total Taxes
HUD 1BR Shelter Ratio
20% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$4,659/mo
Post-$1,191/mo 1BR Rent

Key Economic & Compensation Takeaways

Statutory Withholding Architecture

Frequently Asked Questions

Verified Government Data Sources & Statutory Attribution

Wages sourced from US Bureau of Labor Statistics (BLS OEWS). Rents calibrated to HUD Fair Market Rents. Tax schedules calibrated to IRS IRC Title 26, IRS Pub 15-T, and state statutory revenue codes.

BLS OEWS May 2025 HUD FY2027 FMR IRS 15-T
Metro Pay Comparison SOC 13-2031
2026 Statutory Thresholds
  • Federal Standard Deduction (Single) $16,100
  • FICA OASDI Wage Base Cap $184,500
  • Pre-Tax 401(k) Elective Deferral $24,500
  • HSA Individual Annual Limit $4,400

Budget Analyst in Memphis, TN-MS-AR: Market Snapshot

Budget Analyst roles in Memphis, TN-MS-AR report a median annual wage of $93,450, 2.0% above the national median of $91,640. The 10th to 90th percentile band runs from $66,900 to $135,410, and HUD’s $1,191 monthly one-bedroom fair market rent equals 15.3% of that median gross pay. The single-adult living wage benchmark for the area is $23.64 per hour.

Highest-paying metropolitan areas for Budget Analyst

Metropolitan areaMedian annual wageVs this market
Iowa City, IA$134,850+44.3%
San Jose-Sunnyvale-Santa Clara, CA$131,730+41.0%
Ann Arbor, MI$127,860+36.8%
Washington-Arlington-Alexandria, DC-VA-MD-WV$125,050+33.8%
San Francisco-Oakland-Fremont, CA$117,360+25.6%
Huntsville, AL$113,400+21.3%
Santa Maria-Santa Barbara, CA$110,470+18.2%
San Diego-Chula Vista-Carlsbad, CA$107,010+14.5%
Gainesville, GA$106,610+14.1%
Lexington Park, MD$106,280+13.7%

Top-paying occupations benchmarked in Memphis, TN-MS-AR

OccupationMedian annual wageMedian hourly
Chief Executives$196,680$94.56/hr
Architectural and Engineering Managers$179,670$86.38/hr
Computer and Information Systems Managers$161,790$77.78/hr
Purchasing Managers$156,830$75.40/hr
Natural Sciences Managers$155,420$74.72/hr
Financial Manager$143,880$69.17/hr
Public Relations Managers$141,340$67.95/hr
Human Resources Managers$138,560$66.62/hr
Compensation and Benefits Managers$133,150$64.01/hr
Marketing Managers$132,540$63.72/hr

Wage data: U.S. Bureau of Labor Statistics OEWS May 2025, 174 metropolitan areas publishing this occupation; HUD FY2027 Fair Market Rents; EPI Family Budget Calculator. Taxes use 2026 federal and state rules. Data last updated .

Regional Labor Market & Career Mobility Network

Explore adjacent occupations and neighboring metropolitan wage benchmarks for peer compensation analysis.

Budget Analyst Salary in Memphis, TN-MS-AR (2026) Overview

Budget Analyst median pay in Memphis, TN-MS-AR is $93,450 a year ($44.93/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD rents & living. Official 2026 economic data for Budget Analyst in Memphis, TN-MS-AR compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.

Quick answers
What is the median salary for a Budget Analyst in Memphis, TN-MS-AR?

The median annual wage is $93,450 ($44.93 per hour). The middle 80% of earners make between $66,900 and $135,410. Source: BLS OEWS (May 2025).

What is the take-home pay for a Budget Analyst in Memphis, TN-MS-AR after taxes?

On the median wage of $93,450, a single filer with no pre-tax deductions takes home about $74,572 a year ($6,214 a month) after $18,878 in federal, FICA, state and local taxes, an effective rate of 20.2%, using 2026 tax rules.