What are the main factors that influence an Invoice Analyst's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change An Invoice Analyst's salary?

An Invoice Analyst's salary grows with experience: a Billing Analyst I (0-2 years)earns $57,380, a Invoice Analyst (2-4 years)earns $63,438, a Billing Analyst III (4-7 years)earns $79,355, a Billing Analyst IV (7+ years)earns $96,781, a Billing Supervisor (7+ years)earns $73,481,

What are the highest paying states for an Invoice Analyst?

Invoice Analyst salary varies significantly by state. The top 3 highest paying states for Invoice Analyst roles are District of Columbia $68,348, California $68,089, Massachusetts $67,182. These tech hubs typically pay 10-15% above the national average.

How much do different types of Invoice Analyst roles make?

Salaries for Invoice Analyst level roles vary by specialization: Revenue Analyst II: $74,562; Revenue Analyst I: $65,389; Invoice Specialist: $51,480; Invoice Clerk: $48,925; Invoice Administrator: $48,447.

How do different companies affect an Invoice Analyst's salary?

Company size, industry, and compensation structure create significant salary variations for Invoice Analyst roles. Large, established industry leaders like C R Bard Inc ($128,509) and Henry Schein Canada ($124,697) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $82,041.

Invoice Analyst Salary in the United States

How much does an Invoice Analyst make in the United States?

As of August 01, 2026, the average salary for an Invoice Analyst in the United States is $61,731 per year, which breaks down to an hourly rate of $30.

However, an Invoice Analyst's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $74,973
Majority Range (25th-75th percentile): $53,537 to $68,662
Entry-Level (10th percentile): $46,077

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Invoice Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$68,662	$5,722	$1,320	$33
Average	$61,731	$5,144	$1,187	$30
25th Percentile	$53,537	$4,461	$1,030	$26

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Invoice Analyst Salaries

An Invoice Analyst'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 Invoice Analyst Salaries?

Experience is a primary driver of an Invoice Analyst'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:

Entry-Level (less than 1 year): $57,380
Early Career (1-2 years): $63,438
Mid-Level (2-4 years): $79,355
Senior-Level (5-8 years): $96,781
Expert (over 8 years): $73,481

Levels	Salary
Billing A... Level Invoice Analyst	$57,380
Invoice A... Level Invoice Analyst	$63,438
Billing A... Level Invoice Analyst	$79,355
Billing A... Level Invoice Analyst	$96,781
Billing S... Level Invoice Analyst	$73,481

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What Am I Worth?

How Do Invoice Analyst 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 Invoice Analysts. For example, consider the average annual salaries in these key locations:

District of Columbia: $68,348.
California: $68,089.
Massachusetts: $67,182.

District of Columbia $68,348

California $68,089

Massachusetts $67,182

Washington $66,935

New Jersey $66,910

Alaska $66,823

Connecticut $65,972

New York $65,626

Hawaii $64,521

Rhode Island $64,002

Maryland $63,651

Minnesota $63,169

Colorado $62,984

Illinois $62,922

Oregon $62,688

Delaware $62,515

New Hampshire $62,406

Virginia $62,163

Pennsylvania $61,453

Nevada $61,095

North Dakota $60,978

Michigan $60,792

Wisconsin $60,724

Vermont $60,589

Texas $60,212

Maine $60,187

Arizona $60,150

Ohio $60,107

Georgia $59,539

Indiana $59,255

Wyoming $59,200

Utah $59,113

Iowa $59,076

Kansas $58,780

Louisiana $58,694

North Carolina $58,663

Missouri $58,650

Florida $58,410

Montana $58,280

Nebraska $58,156

Kentucky $58,089

South Carolina $57,842

Tennessee $57,687

Idaho $57,626

New Mexico $57,175

Oklahoma $57,076

Alabama $56,712

South Dakota $56,101

Arkansas $55,768

West Virginia $55,588

Mississippi $55,051

Top Paying Cities for Invoice Analysts

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: $77,861
San Francisco: $77,008
Oakland: $75,386

San Jose, CA $77,861

San Francisco, CA $77,008

Oakland, CA $75,386

New York, NY $71,076

Paramus, NJ $70,212

Queens Village, NY $70,209

Passaic, NJ $70,150

Bergenfield, NJ $70,145

Stamford, CT $70,009

Huntington, NY $69,983

Newark, NJ $69,527

Bridgeport, CT $69,397

Vallejo, CA $69,274

New Brunswick, NJ $69,249

Petaluma, CA $69,212

Middlesex, NJ $69,095

Somerset, NJ $69,052

Santa Cruz, CA $68,972

Boston, MA $68,595

Monterey, CA $68,378

Seattle, WA $68,237

Santa Rosa, CA $68,225

Los Angeles, CA $68,206

Juneau, AK $68,046

Washington, DC $67,978

Orange, CA $67,758

Santa Ana, CA $67,595

Long Beach, CA $67,533

Anaheim, CA $67,521

Anchorage, AK $67,490

Santa Maria, CA $67,305

Everett, WA $67,293

Danbury, CT $67,075

Bremerton, WA $66,990

Tacoma, WA $66,768

New Suffolk, NY $66,767

Sacramento, CA $66,749

Santa Barbara, CA $66,682

Trenton, NJ $66,614

San Diego, CA $66,614

Brockton, MA $66,546

Fairbanks, AK $66,394

Lompoc, CA $66,237

Lowell, MA $66,187

Ventura, CA $66,175

Nashua, NH $66,163

Stockton, CA $66,157

Modesto, CA $65,706

Poughkeepsie, NY $65,570

Olympia, WA $65,453

Kennewick, WA $65,453

New Haven, CT $65,428

Lawrence, MA $65,206

Hartford, CT $65,144

Riverside, CA $65,132

New Bedford, MA $65,070

Richland, WA $65,070

Bakersfield, CA $64,984

San Bernardino, CA $64,959

New Britain, CT $64,953

Atlantic City, NJ $64,953

New London, CT $64,928

Norwich, CT $64,910

Portsmouth, NH $64,897

Boulder, CO $64,767

Portland, OR $64,681

Worcester, MA $64,675

Minneapolis, MN $64,484

Philadelphia, PA $64,397

Honolulu, HI $64,194

Saint Paul, MN $64,164

Vineland, NJ $64,151

Providence, RI $63,972

Chicago, IL $63,793

Bellingham, WA $63,718

Springfield, MA $63,669

Baltimore, MD $63,651

Chico, CA $63,496

Pittsfield, MA $63,330

Manchester, NH $63,212

Spokane, WA $62,941

Denver, CO $62,934

Albany, NY $62,644

Troy, NY $62,620

Nassau, NY $62,554

Schenectady, NY $62,490

Wilmington, DE $62,441

Burlington, VT $62,354

Salem, OR $62,329

Portland, ME $62,138

Yakima, WA $62,076

Rochester, MN $61,885

Reno, NV $61,854

Fresno, CA $61,854

Milwaukee, WI $61,799

Detroit, MI $61,737

Ann Arbor, MI $61,726

Allentown, PA $61,718

Colorado Springs, CO $61,613

Syracuse, NY $61,583

Carson City, NV $61,583

Houston, TX $61,496

Eugene, OR $61,465

Gary, IN $61,391

Springfield, OR $61,342

Bismarck, ND $61,329

Galveston, TX $61,286

Medford, OR $61,194

Fort Collins, CO $61,169

Concord, NH $61,138

Austin, TX $61,120

Mesa, AZ $60,990

Reading, PA $60,984

Phoenix, AZ $60,978

Dallas, TX $60,959

Saint Cloud, MN $60,900

Madison, WI $60,817

Utica, NY $60,650

Rochester, NY $60,552

Des Moines, IA $60,545

Raleigh, NC $60,539

Atlanta, GA $60,447

Battle Creek, MI $60,428

Salt Lake City, UT $60,410

Lancaster, PA $60,317

Harrisburg, PA $60,231

Kansas City, MO $60,169

Champaign, IL $60,157

Kansas City, KS $60,157

Fort Worth, TX $60,150

Columbus, OH $60,140

Boca Raton, FL $60,126

Pittsburgh, PA $60,101

Richmond, VA $60,076

Indianapolis, IN $60,064

Cleveland, OH $60,058

Las Vegas, NV $59,984

Cincinnati, OH $59,984

Petersburg, VA $59,891

Huntsville, AL $59,799

Lansing, MI $59,757

Lebanon, PA $59,749

Pueblo, CO $59,743

Appleton, WI $59,724

Buffalo, NY $59,700

Dayton, OH $59,681

Racine, WI $59,669

Charlotte, NC $59,663

Saint Louis, MO $59,644

York, PA $59,607

Elkhart, IN $59,607

Gastonia, NC $59,595

Billings, MT $59,581

Beaumont, TX $59,564

Lorain, OH $59,552

Benton Harbor, MI $59,539

Toledo, OH $59,527

Binghamton, NY $59,496

Rock Hill, SC $59,490

Rockford, IL $59,459

Springfield, IL $59,434

Elyria, OH $59,428

Fargo, ND $59,428

Flagstaff, AZ $59,385

Fort Lauderdale, FL $59,348

Duluth, MN $59,311

Miami, FL $59,311

Cheyenne, WY $59,268

Grand Forks, ND $59,268

Bangor, ME $59,132

Cedar Rapids, IA $59,064

Durham, NC $59,038

Louisville, KY $59,033

Grand Rapids, MI $59,021

Hialeah, FL $59,015

Casper, WY $58,928

Scranton, PA $58,854

New Orleans, LA $58,836

Virginia Beach, VA $58,829

Akron, OH $58,798

Peoria, IL $58,718

Sarasota, FL $58,706

Nashville, TN $58,663

Omaha, NE $58,663

Green Bay, WI $58,663

Baton Rouge, LA $58,632

Charleston, SC $58,619

Jamestown, NY $58,589

Davenport, IA $58,589

Tucson, AZ $58,558

Saint Petersburg, FL $58,521

Tampa, FL $58,508

Evansville, IN $58,471

Port Arthur, TX $58,471

Bradenton, FL $58,447

Santa Fe, NM $58,336

Orlando, FL $58,224

Clearwater, FL $58,206

Canton, OH $58,076

La Crosse, WI $58,076

Albuquerque, NM $58,039

Newport News, VA $58,033

High Point, NC $58,015

Ogden, UT $57,990

Corpus Christi, TX $57,940

Norfolk, VA $57,903

Laramie, WY $57,903

Rock Island, IL $57,866

Saginaw, MI $57,854

Jacksonville, FL $57,848

Salisbury, NC $57,835

Boise, ID $57,823

Moline, IL $57,792

Fort Myers, FL $57,774

Memphis, TN $57,761

Tulsa, OK $57,731

Waterloo, IA $57,694

Spartanburg, SC $57,632

Lincoln, NE $57,601

Fort Wayne, IN $57,589

Provo, UT $57,582

Cedar Falls, IA $57,508

San Antonio, TX $57,484

Greensboro, NC $57,459

South Bend, IN $57,453

Savannah, GA $57,385

Muskegon, MI $57,360

Birmingham, AL $57,354

Winston Salem, NC $57,324

Lake Charles, LA $57,175

Anderson, IN $57,163

Lexington, KY $57,144

Augusta, GA $57,126

Greenville, SC $57,126

Lima, OH $57,076

Wichita, KS $57,070

Tuscaloosa, AL $57,070

Columbia, SC $57,014

Springfield, OH $57,002

Asheville, NC $56,903

Bloomington, IN $56,860

Knoxville, TN $56,638

Shreveport, LA $56,632

Wilmington, NC $56,551

Roanoke, VA $56,551

Topeka, KS $56,440

Frankfort, KY $56,434

Oklahoma City, OK $56,391

Chillicothe, OH $56,366

Longview, TX $56,360

Melbourne, FL $56,354

Sioux Falls, SD $56,255

Mobile, AL $56,249

Terre Haute, IN $56,224

Altoona, PA $56,187

Amarillo, TX $56,144

Killeen, TX $56,126

Fayetteville, AR $56,076

Chattanooga, TN $56,058

Sioux City, IA $56,002

Idaho Falls, ID $55,990

Lynchburg, VA $55,940

Gainesville, FL $55,860

Portsmouth, OH $55,829

Little Rock, AR $55,817

Lafayette, LA $55,792

Youngstown, OH $55,792

Daytona Beach, FL $55,755

Clarksville, TN $55,749

Pensacola, FL $55,743

Temple, TX $55,739

Hopkinsville, KY $55,558

Erie, PA $55,545

Florence, SC $55,521

Charleston, WV $55,422

Great Falls, MT $55,391

Macon, GA $55,305

Tallahassee, FL $55,298

Fayetteville, NC $55,286

Waco, TX $55,274

Helena, MT $55,230

Pine Bluff, AR $55,207

Vincennes, IN $55,132

Lubbock, TX $55,107

Alamogordo, NM $55,070

Twin Falls, ID $55,014

Rapid City, SD $54,996

Jackson, MS $54,885

Huntington, WV $54,880

Greenville, MS $54,879

Parkersburg, WV $54,816

Montgomery, AL $54,805

Wichita Falls, TX $54,743

Springfield, MO $54,743

Biloxi, MS $54,712

Monroe, LA $54,650

Johnstown, PA $54,607

Sumter, SC $54,582

Columbus, GA $54,576

Pascagoula, MS $54,459

Abilene, TX $54,459

Kingsport, TN $54,298

Albany, GA $54,298

Gulfport, MS $54,280

Alexandria, LA $54,076

Fort Smith, AR $53,922

El Paso, TX $53,755

Las Cruces, NM $53,477

Harlingen, TX $53,321

Pocatello, ID $53,311

Florence, AL $53,230

Brownsville, TX $53,218

Mcallen, TX $53,088

Dothan, AL $53,002

Columbus, MS $52,635

Altus, OK $52,348

Lawton, OK $52,230

Pierre, SD $52,008

What Skills Can Increase an Invoice Analyst's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 3.64% Job Postings): 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.
Data Entry (Mentioned in 1.74% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Credit Card (Mentioned in 0.71% Job Postings): A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.

See More Skills

Skills	Demand Percentage
Customer Service	3.64%
Data Entry	1.74%
Credit Card	0.71%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on an Invoice Analyst's salary.

Consulting: Can increase your salary by up to 9%.
Insight: Can increase your salary by up to 9%.
Fiserv: Can increase your salary by up to 7%.

Skill	Salary	Salary % Increase
Consulting	$67,286	9%
Insight	$67,286	9%
Fiserv	$66,052	7%
Analysis	$65,435	6%
Project Management	$64,817	5%
Process Improvement	$64,200	4%

Get Latest Data

Invoice Analyst Salary by Industry: Top Paying Sectors

For Invoice Analyst roles, the industry you choose can affect earning potential by as much as 110% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Pharmaceuticals sectors offer the strongest compensation, at 60% above the average. In contrast, Invoice Analyst positions in Edu., Gov't. & Nonprofit or Telecom typically offer lower base pay, as these industries often view Invoice Analyst as a support function rather than a direct revenue driver.

The top paying industries for an Invoice Analyst

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Software & Networking	$98,769	$47.0	60%
Pharmaceuticals	$92,596	$45.0	50%
Financial Services	$86,423	$42.0	40%
Biotechnology	$80,250	$39.0	30%
Insurance	$74,077	$36.0	20%

Invoice Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Invoice Analyst'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

$53,537

Average $61,731/year

$68,662

$4,461

Average $5,144/month

$5,722

$1,030

Average $1,187/week

$1,320

$26

Average $30/hour

$33

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$68,662	$5,722	$1,320	$33
Average	$61,731	$5,144	$1,187	$30
25th Percentile	$53,537	$4,461	$1,030	$26

Salaries of jobs related to Invoice Analyst

Salary Trends for Invoice Analyst

Salaries for an Invoice Analyst can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $63,368 in 2023 to around $62,020 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Invoice Analyst salary trends, .

Average Annual Salary of Invoice Analyst Over Time

2022

$???

2023

$63,368

2024

$62,627

2025

$62,020

2026

$???

2027

$???

Year	Average Annual Salary
2022	View More
2023	$63,368
2024	$62,627
2025	$62,020
2026	View More
2027	View More

Most common benefits for Invoice Analyst

Social Security

401(k)

Disability

Healthcare

Pension

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FAQ about Invoice Analyst

1. What industry pays the highest salary for Invoice Analyst?

The Software & Networking industry offers the highest average compensation for Invoice Analyst roles, with salaries approximately 60% above the market median.

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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