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Billing and Invoicing Analyst IV Salary in the United States

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

As of August 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:

  • Top Earners (90th percentile): $105,407
  • Majority Range (25th-75th percentile): $89,500 to $100,400
  • Entry-Level (10th percentile): $84,584
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View as table View as graph 25% $89,500 10% $84,584 90% $105,407 75% $100,400 $94,900 50%(Median) Didn’t find job title? Click

Billing and Invoicing Analyst IV Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $100,400 $8,367 $1,931 $48
Average $94,900 $7,908 $1,825 $46
25th Percentile $89,500 $7,458 $1,721 $43
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Key Factors That Influence Billing and Invoicing Analyst IV Salaries

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.

How Experience Level Affects Billing and Invoicing Analyst Salaries?

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:

  • 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
  • Billing and Invoicing Senior Supervisor (7+ years): $103,129
Job Role Years of Experience Average Salary
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
Billing and Invoicing Senior Supervisor7+ years$103,129
$62,200 Billing a...
$77,807 Billing a...
$94,893 Billing a...
$72,047 Billing a...
$103,129 Billing a...
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What Am I Worth?

How Do Billing and Invoicing Analyst IV 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 IVs. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $105,100.
  • California: $104,700.
  • Massachusetts: $103,300.

Top Paying Cities for Billing and Invoicing Analyst IVs

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: $119,700
  • San Francisco: $118,400
  • Oakland: $115,900

Billing and Invoicing Analyst IV Salary by Company Size: Startups vs. Enterprise

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 $106,235. While startup companies pay approximate $89,872.

Billing and Invoicing Analyst IV Salary by Company Size

Company Size Employees Average Salary
Startup1~50$89,872
Growth Stage51~500$95,051
Established501~5000$102,589
Enterprise5000+$106,235

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

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.

The top paying industries for a Billing and Invoicing Analyst IV

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals$113,880$55.020%
Financial Services$111,033$53.017%
Internet$106,288$51.012%
Energy & Utilities$104,390$50.010%
Insurance$104,390$50.010%

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

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 August 01, 2026

Billing and Invoicing Analyst IV Salary Growth & Career Path

Promotions 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.

Billing and Invoicing Analyst IV Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Billing and Invoicing Supervisor $72,100 -24%
Billing Operations Technical Manager $114,600 21%

Most common benefits for Billing and Invoicing Analyst IV

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

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

Find Your Next Billing and Invoicing Analyst IV Job

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

United States
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FAQ about Billing and Invoicing Analyst IV

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

The Pharmaceuticals industry offers the highest average compensation for Billing and Invoicing Analyst IV roles, with salaries approximately 20% above the market median.

2. Do coders make more than billers?

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.

3. Do analysts get paid well?

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.

4. How much do billing analysts make in the US?

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.

5. What is the expected salary of an analyst?

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.

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 $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.

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 $85,000 to $113,500, with a midpoint of $99,800.

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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