The salary of a Billing Analyst I in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of December 01, 2024, the average annual pay of Billing Analyst I in the United States is $55,633. While Salary.com is seeing that the highest pay for Billing Analyst I in the US can go up to $71,998 and the lowest down to $41,667, but most earn between $48,323 and $64,199. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Billing Analyst I in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $64,199 | $5,350 | $1,235 | $31 |
| Average | $55,633 | $4,636 | $1,070 | $27 |
| 25th Percentile | $48,323 | $4,027 | $929 | $23 |
As of December 01, 2024, Salary.com is seeing that an entry-level Billing Analyst I with under 1 year experience makes about $55,451. With less than 2 years of experience, a mid-level Billing Analyst I makes around $56,299. After 2-4 years, the Billing Analyst I pay rises to about $58,371. Those senior Billing Analyst I with 5-8 years of experience earn roughly $58,786, and those Billing Analyst I having 8 years or more experience is expected to earn about $59,062 on average.
| Levels | Salary |
|---|---|
| Entry Level Billing Analyst I | $55,451 |
| Intermediate Level Billing Analyst I | $56,299 |
| Senior Level Billing Analyst I | $58,371 |
| Specialist Level Billing Analyst I | $58,786 |
| Expert Level Billing Analyst I | $59,062 |
| Entry Level | 0% |
| Mid Level | 1% |
| Senior Level | 5% |
| Top Level | 6% |
| Experienced | 6% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of December 01, 2024, the average yearly salary of Billing Analyst I is $61,363 in California and in Massachusetts, the average annual salary goes to $60,529. While in New Jersey, a Billing Analyst I earns $60,974 per year.
What Am I Worth?
Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of December 01, 2024, the average yearly salary of Billing Analyst I in San Francisco, CA is $69,541 and in New York, NY, the average annual salary goes to $64,979. While a Billing Analyst I earns $62,364 per year in Boston, MA.
For those exploring the changing dynamics of Billing Analyst I salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Billing Analyst I compensation over the past six years. For instance, the median salary has moved from $52,435 in 2023 to about $52,298 in 2024 (for a comprehensive analysis of Billing Analyst I salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.
Salary.com job board provides millions of Billing Analyst I information for you to search for. Click on search button below to see Billing Analyst I job openings or enter a new job title here.
Here are companies hiring for Billing Analyst I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $55,633 | 67.2% | ||
| Bonus | $987 | 1.2% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $4,331 | 5.2% | ||
| 401K/403B | $2,378 | 2.9% | ||
| Disability | $1,132 | 1.4% | ||
| Healthcare | $8,352 | 10.1% | ||
| Pension | $3,057 | 3.7% | ||
| Time Off | $6,969 | 8.4% | ||
| Total Compensation | $82,839 | 100% | ||
The average annual salary of Billing Analyst I is $55,633. In case you are finding an easy salary calculator, the average hourly pay of Billing Analyst I is $27; the average weekly pay of Billing Analyst I is $1,070; the average monthly pay of Billing Analyst I is $4,636.
A Billing Analyst I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Billing Analyst I earns the most in San Jose, CA, where the annual salary of a Billing Analyst I is $69,819.
The highest pay for Billing Analyst I is $71,998.
The lowest pay for Billing Analyst I is $41,667.
Billing Analyst I analyzes billing data, metrics, and processes to facilitate timely, accurate, and efficient billing operations. Prepares status reports to track billing activities and identify and measure overdue or unpaid accounts. Being a Billing Analyst I analyzes billing trends and recommends process improvements to optimize revenue collection, reduce errors, and improve payment times. Investigates and resolves billing discrepancies and errors. Additionally, Billing Analyst I provides billing data and analysis to support the development of financial statements or projections. Ensures invoices reflect negotiated payment terms and conditions and comply with financial policies, standards, and regulations. Requires a bachelor's degree. Typically reports to a manager. The Billing Analyst I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Billing Analyst I typically requires 0-2 years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Medical Billing: Medical billing is a payment practice within the United States health system. The process involves a healthcare provider submitting, following up on, and appealing claims with health insurance companies in order to receive payment for services rendered; such as testing, treatments, and procedures. The same process is used for most insurance companies, whether they are private companies or government sponsored programs: Medical coding reports what the diagnosis and treatment were, and prices are applied accordingly. Medical billers are encouraged, but not required by law, to become certified by taking an exam such as the CMRS Exam, RHIA Exam, CPB Exam and others. Certification schools are intended to provide a theoretical grounding for students entering the medical billing field. Some community colleges in the United States offer certificates, or even associate degrees, in the field. Those seeking advancement may be cross-trained in medical coding or transcription or auditing, and may earn a bachelor's or graduate degree in medical information science and technology.
Accounts Payable: Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
