As of July 01, 2026, the average salary for an Invoice Processor in Illinois is $47,588 per year, which breaks down to an hourly rate of $23.
However, an Invoice Processor's salary can vary significantly. Here’s a look at the typical salary range:
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Invoice Processor Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $52,008 | $4,334 | $1,000 | $25 |
| Average | $47,588 | $3,966 | $915 | $23 |
| 25th Percentile | $43,440 | $3,620 | $835 | $21 |
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An Invoice Processor'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 Invoice Processor'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:
| Levels | Salary |
|---|---|
| Billing C... Level Invoice Processor | $43,045 |
| Invoice P... Level Invoice Processor | $48,452 |
| Billing C... Level Invoice Processor | $58,002 |
| Billing C... Level Invoice Processor | $64,216 |
| Billing S... Level Invoice Processor | $72,968 |
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 Invoice Processors. 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:
For Invoice Processor roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Internet sectors offer the strongest compensation, at 25% above the average. In contrast, Invoice Processor positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Invoice Processor as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $59,485 | $29.0 | 25% |
| Internet | $57,106 | $27.0 | 20% |
| Energy & Utilities | $54,726 | $26.0 | 15% |
| Software & Networking | $54,726 | $26.0 | 15% |
| Financial Services | $52,347 | $25.0 | 10% |
Understanding how an Invoice Processor'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 | $52,008 | $4,334 | $1,000 | $25 |
| Average | $47,588 | $3,966 | $915 | $23 |
| 25th Percentile | $43,440 | $3,620 | $835 | $21 |
Ready to take the next step in your career? Browse thousands of current Invoice Processor job openings on our job board. Use the search bar below to find your perfect match.
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