The United States Department of the Treasury is the federal agency responsible for managing government revenue, regulating financial institutions, and implementing economic policies that affect the nation’s fiscal stability. Analysts at the Treasury Department play a critical role in evaluating economic data, monitoring financial markets, and developing policies that influence the U.S. economy.
In 2025, the Treasury Department’s pay structure for analysts was revised to reflect cost-of-living adjustments, federal pay reforms, and the need to attract top financial talent. The updated structure accounts for grade level, experience, locality adjustments, and performance-based promotions.
This guide provides a comprehensive overview of the Treasury Department analyst salary by grade level, including benefits, allowances, career progression, and answers to frequently asked questions.
Treasury Department Analyst Salary Overview (2025)
Salaries for Treasury Department analysts vary depending on:
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Grade level under the federal General Schedule (GS) system
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Years of federal service and professional experience
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Job responsibilities and financial specialty area
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Duty station and locality pay adjustments
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Overtime and special assignment allowances
Summary Table: Treasury Department Analyst Salary by Grade Level (2025)
| GS Level | Estimated Annual Salary (USD) | Approx. Monthly Salary | Typical Roles & Notes |
|---|---|---|---|
| GS-5 | $41,000 – $53,000 | $3,400 – $4,400 | Junior analysts, program support specialists |
| GS-7 | $50,000 – $65,000 | $4,200 – $5,400 | Financial analysts, policy assistants |
| GS-9 | $59,000 – $76,000 | $4,900 – $6,300 | Senior analysts, budget analysts |
| GS-11 | $70,000 – $90,000 | $5,800 – $7,500 | Program managers, mid-level financial specialists |
| GS-12 | $83,000 – $108,000 | $6,900 – $9,000 | Supervisory analysts, policy coordinators |
| GS-13 | $97,000 – $125,000 | $8,100 – $10,400 | Senior program managers, financial directors |
| GS-14 | $113,000 – $147,000 | $9,400 – $12,300 | Division chiefs, senior policy advisors |
| GS-15 | $132,000 – $172,000 | $11,000 – $14,300 | Executive analysts, department-level directors |
Note: Salaries include base pay plus locality adjustments, but exclude bonuses, overtime, or special duty pay.
How Treasury Department Analyst Salary Structure Works (2025)
1. Federal General Schedule (GS) Pay System
Treasury Department analysts are federal employees paid under the General Schedule (GS) system. Salary depends on:
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Grade level: GS-5 to GS-15 for analysts and senior executives
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Step within the grade: Annual performance and experience-based increases
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Specialized responsibilities: Economic research, policy analysis, financial regulation
In 2025, the federal base pay increased 4.6% nationwide, and locality pay ranged from 15–35% depending on the duty station.
2. Locality Pay Adjustments
Locality pay ensures compensation reflects regional cost-of-living differences:
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Analysts in Washington D.C., New York City, and San Francisco receive higher pay due to high living costs.
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Analysts in smaller or rural duty stations have lower locality adjustments but may receive temporary deployment or travel allowances.
3. Special Assignment and Performance-Based Pay
Some Treasury analysts are eligible for:
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Special assignment pay: For short-term projects or interdepartmental task forces
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Performance awards: Annual bonuses for exceptional performance, up to several thousand dollars
4. Overtime Pay
Overtime is generally limited for analysts, as most roles are salaried, but:
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Certain operational or emergency tasks may qualify for 1.5x regular pay for hours worked beyond standard schedules.
5. Temporary vs. Permanent Positions
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Permanent employees: Receive full federal benefits, retirement, and career advancement.
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Temporary hires or interns: Paid hourly or monthly with limited benefits, often for short-term projects.
Treasury Department Analyst Salary by State (2025)
Salary varies due to locality pay, which reflects regional costs of living and housing. Below is an overview of monthly pay for mid-level analysts (GS-9 to GS-12) in select states:
| State | Monthly Salary Range (USD) | Notes |
|---|---|---|
| California | $5,200 – $9,000 | High-cost urban offices in San Francisco and Los Angeles |
| New York | $5,100 – $8,800 | NYC financial hub, higher locality pay |
| Texas | $4,800 – $8,200 | Moderate cost-of-living in Houston, Dallas |
| Florida | $4,700 – $7,900 | Urban vs. rural office differences |
| Illinois | $4,900 – $8,400 | Chicago office, financial program oversight |
| Ohio | $4,600 – $7,700 | Moderate living costs, federal program offices |
| Washington DC | $5,500 – $9,500 | Federal HQ, highest locality pay for analysts |
| Other States | $4,400 – $7,500 | Adjusted based on regional pay and cost-of-living |
Benefits and Allowances for Treasury Department Analysts (2025)
Treasury Department analysts enjoy a comprehensive benefits package beyond salary.
Key Benefits
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Federal Employee Health Insurance: Medical, dental, vision
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Retirement Plan: Federal Employees Retirement System (FERS)
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Thrift Savings Plan (TSP): With government contribution match
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Life Insurance: Coverage for employee and dependents
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Paid Leave: Annual vacation, sick leave, and federal holidays
Key Allowances
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Locality Pay: Additional compensation based on duty station location
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Performance Bonuses: One-time awards for exceptional work
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Special Project Pay: For task force or temporary assignment responsibilities
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Travel or Relocation Allowances: For analysts moving between offices or working on inter-state assignments
Career Progression for Treasury Department Analysts
Entry-Level Positions
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Junior financial analysts
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Budget or program assistants
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Policy research support
Mid-Level Positions
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Financial analysts with regional oversight
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Program managers
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Senior policy analysts
Senior-Level Positions
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Division chiefs
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Supervisory analysts
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Senior program managers
Executive Positions
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Department directors
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Senior advisors
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Executive officers
Promotion depends on experience, advanced degrees, specialized skills, and successful completion of federal training programs. Salary increases significantly with each GS grade advancement.
Factors Influencing Treasury Analyst Salary in 2025
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Federal Budget Allocations: Determines base pay and bonuses
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Cost-of-Living Adjustments: Locality pay varies by region
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Education and Certification: Advanced degrees and CFA/CPA certifications can increase pay grade
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Experience and Performance: Seniority and job performance influence grade step and salary
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Special Projects and Assignments: Temporary assignments may provide extra compensation
Frequently Asked Questions (FAQs)
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What is the starting salary for a Treasury analyst?
Entry-level GS-5 positions typically start at $41,000 per year or $3,400 per month. -
How does locality pay affect salary?
Locality pay can increase base salary by 15–35%, depending on city and state. -
Do Treasury analysts receive bonuses?
Yes, performance-based awards and special assignment bonuses are common. -
Can analysts transfer between states?
Yes, federal employees may request transfers based on operational needs and available positions. -
Do temporary analysts receive benefits?
Temporary hires receive limited benefits, often hourly or monthly pay without full federal coverage. -
How does education influence pay?
Advanced degrees and certifications (MBA, CFA, CPA) can lead to higher GS grades. -
Is overtime common for analysts?
Overtime is limited but may apply during critical projects or emergency financial operations. -
What is the highest salary for a Treasury analyst?
GS-15 analysts or executive officers earn $132,000 – $172,000 annually, excluding bonuses. -
Are analyst positions year-round?
Yes, Treasury analysts work year-round, although workload may fluctuate with fiscal and policy cycles. -
Are relocation allowances provided?
Yes, analysts moving to different duty stations or temporary assignments may receive travel or relocation support.
Conclusion
The US Treasury Department analyst salary by grade level in 2025 offers competitive pay, comprehensive benefits, and clear career advancement opportunities. With federal pay reforms, locality adjustments, and performance-based incentives, Treasury positions are financially and professionally rewarding for individuals committed to shaping U.S. economic policy.
Whether starting a career as a junior analyst or advancing into senior executive roles, Treasury Department employees enjoy stable employment, meaningful work, and a structured path for financial and professional growth.