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Billing and Invoicing Analyst III Salary in the United States

How much does a Billing and Invoicing Analyst III make in the United States?

As of August 01, 2026, the average salary for a Billing and Invoicing Analyst III in the United States is $77,810 per year, which breaks down to an hourly rate of $37.

However, a Billing and Invoicing Analyst III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $90,228
  • Majority Range (25th-75th percentile): $69,420 to $84,310
  • Entry-Level (10th percentile): $61,781
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View as table View as graph 25% $69,420 10% $61,781 90% $90,228 75% $84,310 $77,810 50%(Median) Didn’t find job title? Click

Billing and Invoicing Analyst III Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $84,310 $7,026 $1,621 $41
Average $77,810 $6,484 $1,496 $37
25th Percentile $69,420 $5,785 $1,335 $33
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Key Factors That Influence Billing and Invoicing Analyst III Salaries

A Billing and Invoicing Analyst III'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.

How Experience Level Affects Billing and Invoicing Analyst Salaries?

Experience is a primary driver of a Billing and Invoicing Analyst III'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:

  • Billing and Invoicing Analyst I (0-2 years): $56,260
  • Billing and Invoicing Analyst II (2-4 years): $62,200
  • Billing and Invoicing Analyst III (4-7 years): $77,807
  • Billing and Invoicing Analyst IV (7+ years): $94,893
  • Billing and Invoicing Supervisor (7+ years): $72,047
Job Role Years of Experience Average Salary
Billing and Invoicing Analyst I0-2 years$56,260
Billing and Invoicing Analyst II2-4 years$62,200
Billing and Invoicing Analyst III4-7 years$77,807
Billing and Invoicing Analyst IV7+ years$94,893
Billing and Invoicing Supervisor7+ years$72,047
$56,260 Billing a...
$62,200 Billing a...
$77,807 Billing a...
$94,893 Billing a...
$72,047 Billing a...
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What Am I Worth?

How Do Billing and Invoicing Analyst III Salaries Vary from State to State?

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 Invoicing Analyst IIIs. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $86,150.
  • California: $85,830.
  • Massachusetts: $84,680.

Top Paying Cities for Billing and Invoicing Analyst IIIs

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:

  • San Jose: $98,140
  • San Francisco: $97,070
  • Oakland: $95,020

What Skills Can Increase a Billing and Invoicing Analyst III's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 2.59% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Billing Systems (Mentioned in 1.3% Job Postings): A complex software that enables service providers' order to cash process (O2C), focusing on billing, with automatization of collecting payments, sending out recurring invoices, and tracking expenses and invoices.
  • Contract Review (Mentioned in 0.69% Job Postings): Evaluating, interpreting, and improving the terms used in contractual agreements.
See More Skills
Skills Demand Percentage
Analysis 2.59%
Billing Systems 1.3%
Contract Review 0.69%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Billing and Invoicing Analyst III's salary.
  • Planning: Can increase your salary by up to 11%.
  • Commitment: Can increase your salary by up to 7%.
  • Initiative: Can increase your salary by up to 6%.
Skill Salary Salary % Increase
Planning
$86,369
11%
Commitment
$83,257
7%
Initiative
$82,479
6%
Analysis
$82,479
6%
Analytical Skills
$81,701
5%
Collaboration
$80,922
4%
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Billing and Invoicing Analyst III Salary by Company Size: Startups vs. Enterprise

Billing and Invoicing Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $87,104. While startup companies pay approximate $73,688.

Billing and Invoicing Analyst III Salary by Company Size

Company Size Employees Average Salary
Startup1~50$73,688
Growth Stage51~500$77,934
Established501~5000$84,114
Enterprise5000+$87,104

Billing and Invoicing Analyst III Salary by Industry: Top Paying Sectors

For Billing and Invoicing Analyst III roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Media sectors offer the strongest compensation, at 30% above the average. In contrast, Billing and Invoicing Analyst positions in Hospitality & Leisure or MFG Durable typically offer lower base pay, as these industries often view Billing and Invoicing Analyst III as a support function rather than a direct revenue driver.

The top paying industries for a Billing and Invoicing Analyst III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Healthcare$101,153$49.030%
Media$97,262$47.025%
Construction$93,372$45.020%
Energy & Utilities$89,482$43.015%
Biotechnology$85,591$41.010%

Billing and Invoicing Analyst III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Billing and Invoicing Analyst III'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, 2026

Billing and Invoicing Analyst III Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Billing and Invoicing Analyst III, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Billing and Invoicing Analyst III Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Billing and Invoicing Analyst IV $94,900 22%
Billing Operations Technical Manager $114,600 47%

Salary Trends for Billing and Invoicing Analyst III

Salaries for a Billing and Invoicing Analyst III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $79,390 in 2023 to around $77,785 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Billing and Invoicing Analyst III salary trends, .

Average Annual Salary of Billing and Invoicing Analyst III Over Time

2022
$???
2023
$79,390
2024
$78,723
2025
$77,785
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $79,390
2024 $78,723
2025 $77,785
2026
View More
2027
View More

Most common benefits for Billing and Invoicing Analyst III

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Billing and Invoicing Analyst III

Here are companies hiring for Billing and Invoicing Analyst III and their salaries, click below for more details.

Find Your Next Billing and Invoicing Analyst III Job

Ready to take the next step in your career? Browse thousands of current Billing and Invoicing Analyst III job openings on our job board. Use the search bar below to find your perfect match.

United States
  • Confidential

    Columbus, OH

    Confidential | Columbus, OH

    Associate Vice President, Internal Communications. About the Company. National consulting & advisory services firm focused on the healthcare industry. Indu... more

    16 Days Ago

  • C.R. England

    Columbus, OH

    C.R. England | Columbus, OH

    Job Description. C.R. England is Now Urgently Hiring Local Dedicated CDL-A Truck Drivers. \n. Dedicated Local Fleet - Home Daily - Competitive Pay* - Full ... more

    21 Days Ago

  • Confidential

    Columbus, OH

    Confidential | Columbus, OH

    Vice President, Credit Risk Strategy & Data Science. About the Company. High-growth SMB lender building the next generation of credit decisioning. Industry... more

    21 Days Ago

  • Confidential

    Columbus, OH

    Confidential | Columbus, OH

    Vice President, Payments Engineering. About the Company. Globally-recognized provider of corporate payment solutions. Industry. Financial Services. Type. P... more

    23 Days Ago

  • Confidential

    Columbus, OH

    Confidential | Columbus, OH

    Senior Vice President of Project Delivery. About the Company. A multi-billion-dollar construction organization with collaborative, servant-minded leadershi... more

    23 Days Ago

  • USPS

    Columbus, OH

    USPS | Columbus, OH

    The United States Postal Service (USPS) is seeking Mail Carriers and City Carrier Assistants (CCA) to deliver mail and packages to residential and business... more

    29 Days Ago

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FAQ about Billing and Invoicing Analyst III

1. What industry pays the highest salary for Billing and Invoicing Analyst III?

The Healthcare industry offers the highest average compensation for Billing and Invoicing Analyst III roles, with salaries approximately 30% above the market median.

2. What type of analyst makes the most money?

The Billing and Invoicing Analyst role offers competitive salaries, with a minimum of $68,270, a mid-range salary of $79,620, and a maximum of $91,360. While various analyst positions exist, those specializing in billing and invoicing can earn substantial compensation, particularly at the higher end of the salary spectrum.

3. Is billing analyst a good job?

A billing analyst position can be a rewarding career choice, offering a competitive salary range. With a minimum salary of $68,270, a mid-range salary of $79,620, and a maximum salary of $91,360, it provides opportunities for growth and financial stability. If you enjoy working with numbers and have strong analytical skills, this role could be a great fit.

4. What is the expected salary of an analyst?

The expected salary for a Billing and Invoicing Analyst ranges from $68,270 to $91,360 per year, with a median salary of $79,620. These figures reflect the typical compensation for this role, providing a clear overview of potential earnings in the field.

5. Do you need a degree to be a billing analyst?

Some employers will consider you for a billing analyst job based on work experience in financial analysis, billing, invoicing, accounting, or collections. However, many employers prefer a bachelor's degree in business or accounting. The salary for a Billing and Invoicing Analyst typically ranges from $68,270 to $91,360, with a mid-salary of $79,620.

6. What is the highest data analyst salary in us?

The highest salary for a Billing and Invoicing Analyst in the U.S. ranges from $68,270 to $91,360, with a mid-point of $79,620. While cities like San Jose, CA, report higher salaries for data analysts, the specific range for billing and invoicing roles reflects a competitive market within the industry.

7. What is an initial billing analyst?

An initial billing analyst is a financial professional tasked with evaluating and managing billing processes within an organization. They analyze billing data, resolve discrepancies, and ensure accurate and timely invoicing. The salary for this role typically ranges from $68,270 to $91,360, with a midpoint of $79,620.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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