As of August 01, 2026, the average salary for a Billing and Collections Analyst II in New Mexico is $57,590 per year, which breaks down to an hourly rate of $28.
However, a Billing and Collections Analyst II's salary can vary significantly. Here’s a look at the typical salary range:
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A Billing and Collections 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 a Billing and Collections 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 Receivable Specialist I | 0-2 years | $49,901 |
| Billing and Collections Analyst II | 2-4 years | $57,509 |
| Accounts Receivable Specialist III | 4-7 years | $63,739 |
| Accounts Receivable Specialist IV | 7+ years | $79,047 |
| Accounts Receivable Operations Supervisor | 7+ years | $67,451 |
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 Billing and Collections Analyst IIs. For example, consider the average annual salaries in these key locations:
Billing and Collections Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $64,469. While startup companies pay approximate $54,539.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $54,539 |
| Growth Stage | 51~500 | $57,681 |
| Established | 501~5000 | $62,256 |
| Enterprise | 5000+ | $64,469 |
For Billing and Collections Analyst II roles, the industry you choose can affect earning potential by as much as 90% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Financial Services sectors offer the strongest compensation, at 40% above the average. In contrast, Billing and Collections Analyst positions in MFG Nondurable or Hospitality & Leisure typically offer lower base pay, as these industries often view Billing and Collections Analyst II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $80,626 | $39.0 | 40% |
| Financial Services | $74,867 | $36.0 | 30% |
| Internet | $69,108 | $33.0 | 20% |
| Software & Networking | $69,108 | $33.0 | 20% |
| Energy & Utilities | $66,228 | $32.0 | 15% |
Understanding how a Billing and Collections 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.
Last Updated on August 01, 2026For a Billing and Collections Analyst II, the most direct path to higher earnings is advancing to the Accounts Receivable Specialist III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $63,800 - a projected growth of 11% over your current level.
Ready to take the next step in your career? Browse thousands of current Billing and Collections Analyst II job openings on our job board. Use the search bar below to find your perfect match.
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