As of May 18, 2021, the average salary for a Billing Analyst I in New Mexico is $51,879 per year, which breaks down to an hourly rate of $25.
However, a Billing Analyst I's salary can vary significantly. Here’s a look at the typical salary range:
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A Billing Analyst I'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 I'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 | $51,879 |
| Billing Analyst II | 2-4 years | $57,371 |
| Billing Analyst III | 4-7 years | $71,754 |
| Billing Analyst IV | 7+ years | $87,545 |
| Billing Supervisor | 7+ years | $66,433 |
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 Is. For example, consider the average annual salaries in these key locations:
Understanding how a Billing Analyst I'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 May 18, 2021Promotions are the fastest way to increase your earnings. As a Billing Analyst I, 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 Analyst II | $57,371 | 11% |
| Billing Systems Analyst II | $57,371 | 11% |
Ready to take the next step in your career? Browse thousands of current Billing Analyst I job openings on our job board. Use the search bar below to find your perfect match.
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