As of July 01, 2026, the average hourly rate for a Billing Analyst III in the United States is $37, which translates to an annual salary of about $77,809.
However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:
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A Billing 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 a Billing 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 |
|---|---|---|
| Billing Analyst I | 0-2 years | $56,261 |
| Billing Analyst II | 2-4 years | $62,203 |
| Billing Analyst III | 4-7 years | $77,809 |
| Billing Analyst IV | 7+ years | $94,900 |
| Billing Supervisor | 7+ years | $72,047 |
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 Analyst IIIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 2.59% |
| Billing Systems | 1.3% |
| Contract Review | 0.69% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Planning
|
$86,368 |
11%
|
|
Commitment
|
$83,256 |
7%
|
|
Initiative
|
$82,478 |
6%
|
|
Analysis
|
$82,478 |
6%
|
|
Analytical Skills
|
$81,699 |
5%
|
|
Collaboration
|
$80,921 |
4%
|
Billing Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $87,029. While startup companies pay approximate $73,600.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $73,600 |
| Growth Stage | 51~500 | $77,844 |
| Established | 501~5000 | $84,043 |
| Enterprise | 5000+ | $87,029 |
For Billing 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 Analyst positions in Hospitality & Leisure or MFG Durable typically offer lower base pay, as these industries often view Billing Analyst III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $101,152 | $49.0 | 30% |
| Media | $97,261 | $47.0 | 25% |
| Construction | $93,371 | $45.0 | 20% |
| Energy & Utilities | $89,480 | $43.0 | 15% |
| Biotechnology | $85,590 | $41.0 | 10% |
Understanding how a Billing 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 July 01, 2026Salaries for a Billing 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 Analyst III salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $79,390 |
| 2024 | $78,723 |
| 2025 | $77,785 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Healthcare industry offers the highest average compensation for Billing Analyst III roles, with salaries approximately 30% above the market median.
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. Analyzes billing trends and recommends process improvements to optimize revenue collection, reduce errors, and improve payment times. Investigates and resolves billing discrepancies and errors. 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. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Billing Systems: 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: Evaluating, interpreting, and improving the terms used in contractual agreements.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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