As of July 01, 2026, the average salary for a Billing and Invoicing Analyst IV in the United States is $94,900 per year, which breaks down to an hourly rate of $46.
However, a Billing and Invoicing Analyst IV's salary can vary significantly. Here’s a look at the typical salary range:
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A Billing and Invoicing Analyst IV'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 Invoicing Analyst IV'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 |
|---|---|---|
| Billing and Invoicing Analyst II | 2-4 years | $62,203 |
| Billing and Invoicing Analyst III | 4-7 years | $77,809 |
| Billing and Invoicing Analyst IV | 7+ years | $94,900 |
| Billing and Invoicing Supervisor | 7+ years | $72,047 |
| Billing and Invoicing Senior Supervisor | 7+ years | $103,124 |
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 Invoicing Analyst IVs. For example, consider the average annual salaries in these key locations:
Billing and Invoicing Analyst IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $106,145. While startup companies pay approximate $89,767.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $89,767 |
| Growth Stage | 51~500 | $94,942 |
| Established | 501~5000 | $102,503 |
| Enterprise | 5000+ | $106,145 |
For Billing and Invoicing Analyst IV roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Billing and Invoicing Analyst positions in Hospitality & Leisure or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Billing and Invoicing Analyst IV as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $113,880 | $55.0 | 20% |
| Financial Services | $111,033 | $53.0 | 17% |
| Internet | $106,288 | $51.0 | 12% |
| Energy & Utilities | $104,390 | $50.0 | 10% |
| Insurance | $104,390 | $50.0 | 10% |
Understanding how a Billing and Invoicing Analyst IV'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 July 01, 2026Promotions are the fastest way to increase your earnings. As a Billing and Invoicing Analyst IV, 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.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Billing and Invoicing Supervisor | $72,100 | -24% |
| Billing Operations Technical Manager | $114,600 | 21% |
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The Pharmaceuticals industry offers the highest average compensation for Billing and Invoicing Analyst IV roles, with salaries approximately 20% above the market median.
Coders typically earn varying salaries based on their experience and specialization. In comparison, Billing and Invoicing Analysts have a salary range from $85,000 to $113,500, with a median salary of $99,800. Depending on the specific coding role, some coders may earn more than this range, while others may earn less.
In the US, Billing and Invoicing Analysts earn competitive salaries, with a minimum of $85,000, a mid-range of $99,800, and a maximum of $113,500. This reflects a strong earning potential, especially as analysts gain experience and specialize in their roles, making it a lucrative career choice.
As of now, Billing and Invoicing Analysts in the US earn between $85,000 and $113,500 annually, with a median salary of $99,800. This translates to approximately $40.87 to $54.63 per hour, or $7,083 to $9,458 monthly. The salary reflects the growing demand for skilled professionals in this field.
The expected salary for a Billing and Invoicing Analyst ranges from $85,000 to $113,500 per year, with a median salary of $99,800. These figures reflect the typical compensation for this role, based on industry data and salary surveys.
The highest salary for a Billing and Invoicing Analyst in the U.S. ranges from $85,000 to $113,500, with a midpoint of $99,800. While cities like San Jose, CA, report higher salaries for data analysts, the specific range for this role reflects competitive compensation within the industry.
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 $85,000 to $113,500, with a midpoint of $99,800.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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