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As of August 01, 2026, the average salary for an AP Analyst II in Illinois is $63,100 per year, which breaks down to an hourly rate of $30.
However, an AP Analyst II's salary can vary significantly. Here’s a look at the typical salary range:
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AP Analyst II Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $68,900 | $5,742 | $1,325 | $33 |
| Average | $63,100 | $5,258 | $1,213 | $30 |
| 25th Percentile | $56,500 | $4,708 | $1,087 | $27 |
PTS Corp - Palatine, IL
Jel Sert - Chicago, IL
Medline Industries - Northbrook, IL
AbbVie - North Chicago, IL
An AP Analyst II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of an AP Analyst II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Accounts Payable Specialist I | 0-2 years | $56,365 |
| AP Analyst II | 2-4 years | $63,081 |
| Accounts Payable Specialist III | 4-7 years | $69,973 |
| AP Operations Supervisor | 7+ years | $74,443 |
| AP Operations Senior Supervisor | 7+ years | $91,065 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract AP Analyst IIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
AP Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $70,637. While startup companies pay approximate $59,757.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $59,757 |
| Growth Stage | 51~500 | $63,200 |
| Established | 501~5000 | $68,212 |
| Enterprise | 5000+ | $70,637 |
For AP Analyst II roles, the industry you choose can affect earning potential by as much as 120% (the gap between the highest and lowest paying industries). Data shows that the Telecom and Retail & Wholesale sectors offer the strongest compensation, at 60% above the average. In contrast, AP Analyst positions in Transportation or Software & Networking typically offer lower base pay, as these industries often view AP Analyst II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Telecom | $100,960 | $49.0 | 60% |
| Retail & Wholesale | $94,650 | $46.0 | 50% |
| MFG Nondurable | $91,495 | $44.0 | 45% |
| Media | $88,340 | $42.0 | 40% |
| Insurance | $82,030 | $39.0 | 30% |
Understanding how an AP Analyst II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $68,900 | $5,742 | $1,325 | $33 |
| Average | $63,100 | $5,258 | $1,213 | $30 |
| 25th Percentile | $56,500 | $4,708 | $1,087 | $27 |
For an AP Analyst II, the most direct path to higher earnings is advancing to the Accounts Payable Specialist III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $70,000 - a projected growth of 11% over your current level.
Ready to take the next step in your career? Browse thousands of current AP Analyst II job openings on our job board. Use the search bar below to find your perfect match.
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