As of July 01, 2026, the average salary for a Billing Clerk III in New Mexico is $53,043 per year, which breaks down to an hourly rate of $26.
However, a Billing Clerk III's salary can vary significantly. Here’s a look at the typical salary range:
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A Billing Clerk 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 Clerk 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 Clerk I | 0-1 years | $39,365 |
| Billing Clerk II | 1-3 years | $44,310 |
| Billing Clerk III | 3-5 years | $53,043 |
| Billing Clerk IV | 5-7 years | $58,727 |
| Billing Supervisor | 7+ years | $66,730 |
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 Clerk IIIs. For example, consider the average annual salaries in these key locations:
Billing Clerk III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $59,329. While startup companies pay approximate $50,174.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $50,174 |
| Growth Stage | 51~500 | $53,067 |
| Established | 501~5000 | $57,293 |
| Enterprise | 5000+ | $59,329 |
For Billing Clerk 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 Construction and Aerospace & Defense sectors offer the strongest compensation, at 30% above the average. In contrast, Billing Clerk positions in Edu., Gov't. & Nonprofit or Telecom typically offer lower base pay, as these industries often view Billing Clerk III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Construction | $68,957 | $33.0 | 30% |
| Aerospace & Defense | $63,652 | $31.0 | 20% |
| Energy & Utilities | $63,652 | $31.0 | 20% |
| Hospitality & Leisure | $63,652 | $31.0 | 20% |
| Pharmaceuticals | $63,652 | $31.0 | 20% |
Understanding how a Billing Clerk 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, 2026Promotions are the fastest way to increase your earnings. As a Billing Clerk III, 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 Clerk IV | $58,727 | 11% |
| Billing Systems Manager | $106,120 | 100% |
Ready to take the next step in your career? Browse thousands of current Billing Clerk III job openings on our job board. Use the search bar below to find your perfect match.
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