As of July 01, 2026, the average salary for an Accounts Payable Analyst III in Illinois is $69,975 per year, which breaks down to an hourly rate of $34.
However, an Accounts Payable Analyst III's salary can vary significantly. Here’s a look at the typical salary range:
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Accounts Payable Analyst III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $76,651 | $6,388 | $1,474 | $37 |
| Average | $69,975 | $5,831 | $1,346 | $34 |
| 25th Percentile | $62,757 | $5,230 | $1,207 | $30 |
LanceSoft - Tremont, IL
Rural King - Mattoon, IL
Advocate Health - Oak Brook, IL
Addison Group - Chicago, IL
An Accounts Payable 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.
Experience is a primary driver of an Accounts Payable 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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Accounts Payable Analyst I | 0-2 years | $56,367 |
| Accounts Payable Analyst II | 2-4 years | $63,082 |
| Accounts Payable Analyst III | 4-7 years | $69,975 |
| Accounts Payable Supervisor | 7+ years | $74,443 |
| Accounts Payable Senior Supervisor | 7+ years | $91,068 |
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 Accounts Payable Analyst IIIs. 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:
Accounts Payable Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $78,266. While startup companies pay approximate $66,190.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $66,190 |
| Growth Stage | 51~500 | $70,006 |
| Established | 501~5000 | $75,581 |
| Enterprise | 5000+ | $78,266 |
For Accounts Payable Analyst III roles, the industry you choose can affect earning potential by as much as 28% (the gap between the highest and lowest paying industries). Data shows that the Telecom and Construction sectors offer the strongest compensation, at 14% above the average. In contrast, Accounts Payable Analyst positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Accounts Payable Analyst III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Telecom | $79,771 | $38.0 | 14% |
| Construction | $76,972 | $37.0 | 10% |
| Energy & Utilities | $75,573 | $36.0 | 8% |
| Aerospace & Defense | $73,474 | $35.0 | 5% |
| MFG Nondurable | $72,774 | $35.0 | 4% |
Understanding how an Accounts Payable 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $76,651 | $6,388 | $1,474 | $37 |
| Average | $69,975 | $5,831 | $1,346 | $34 |
| 25th Percentile | $62,757 | $5,230 | $1,207 | $30 |
For an Accounts Payable Analyst III, the most direct path to higher earnings is advancing to the Accounts Payable Supervisor role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $74,443 - a projected growth of 6% over your current level.
Ready to take the next step in your career? Browse thousands of current Accounts Payable Analyst III job openings on our job board. Use the search bar below to find your perfect match.
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