Business & Finance
Real Estate Appraiser Salary
Real estate appraisers estimate the value of properties for mortgage lending, tax assessment, and investment purposes.
Median Salary
$61,820
Mean Salary
$66,400
Total Employed
78,600
Job Growth
+5%
Real Estate Appraiser Salary by Experience Level
Entry-level real estate appraisers earn around $38,000 per year, while mid-career professionals earn $63,000. Senior-level real estate appraisers can earn $96,000 or more.
Entry Level (0-2 yrs)
$38,000 Mid Level (3-7 yrs)
$63,000 Senior Level (8+ yrs)
$96,000 Salary Percentile Breakdown
The salary range for real estate appraisers varies significantly. The bottom 10% earn $36,000, while the top 10% earn $102,000.
| Percentile | Annual Salary |
|---|---|
| 10th Percentile | $36,000 |
| 25th Percentile | $46,000 |
| 50th Percentile (Median) | $61,820 |
| 75th Percentile | $80,000 |
| 90th Percentile | $102,000 |
Real Estate Appraiser Salary by State
Real Estate Appraiser salaries vary significantly by state due to cost of living, demand, and industry concentration. The highest paying state is Hawaii at $105,094, while Mississippi offers the lowest at $51,311.
| State | Median | |
|---|---|---|
| #1 Hawaii | $105,094 | Details → |
| #2 Massachusetts | $87,784 | Details → |
| #3 California | $85,312 | Details → |
| #4 New York | $82,839 | Details → |
| #5 Alaska | $76,657 | Details → |
| #6 New Jersey | $76,039 | Details → |
| #7 Connecticut | $74,184 | Details → |
| #8 Maryland | $71,093 | Details → |
| #9 Washington | $71,093 | Details → |
| #10 Oregon | $68,002 | Details → |
| #11 Virginia | $67,384 | Details → |
| #12 New Hampshire | $66,147 | Details → |
| #13 Rhode Island | $66,147 | Details → |
| #14 Delaware | $65,529 | Details → |
| #15 Colorado | $64,911 | Details → |
| #16 Illinois | $62,438 | Details → |
| #17 Vermont | $62,438 | Details → |
| #18 Pennsylvania | $61,820 | Details → |
| #19 Minnesota | $61,202 | Details → |
| #20 Florida | $60,584 | Details → |
| #21 Maine | $60,584 | Details → |
| #22 Arizona | $59,965 | Details → |
| #23 Nevada | $59,965 | Details → |
| #24 Utah | $59,965 | Details → |
| #25 Georgia | $58,729 | Details → |
| #26 Montana | $58,729 | Details → |
| #27 North Carolina | $58,729 | Details → |
| #28 Idaho | $58,111 | Details → |
| #29 New Mexico | $57,493 | Details → |
| #30 Nebraska | $56,874 | Details → |
| #31 Texas | $56,874 | Details → |
| #32 Wisconsin | $56,874 | Details → |
| #33 Wyoming | $56,874 | Details → |
| #34 Louisiana | $56,256 | Details → |
| #35 Indiana | $55,638 | Details → |
| #36 Michigan | $55,638 | Details → |
| #37 North Dakota | $55,638 | Details → |
| #38 Ohio | $55,638 | Details → |
| #39 Iowa | $55,020 | Details → |
| #40 South Carolina | $55,020 | Details → |
| #41 Tennessee | $55,020 | Details → |
| #42 Missouri | $54,402 | Details → |
| #43 South Dakota | $54,402 | Details → |
| #44 Alabama | $53,783 | Details → |
| #45 Kansas | $53,783 | Details → |
| #46 Kentucky | $53,783 | Details → |
| #47 Oklahoma | $53,165 | Details → |
| #48 Arkansas | $51,929 | Details → |
| #49 West Virginia | $51,929 | Details → |
| #50 Mississippi | $51,311 | Details → |
Key Responsibilities
- ● Inspect properties and assess conditions
- ● Research comparable sales and market data
- ● Prepare detailed appraisal reports
- ● Apply valuation methodologies
- ● Ensure compliance with appraisal standards
Top Skills
Property Valuation Market Analysis Report Writing USPAP Standards MLS Systems Attention to Detail
Education Required
Bachelor's degree
Job Outlook
Faster than average — projected 5% growth over the next decade
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Frequently Asked Questions About Real Estate Appraiser Salaries
How much does a Real Estate Appraiser make per year? ▼
The median real estate appraiser salary in the United States is $61,820 per year. Entry-level positions start around $38,000, while senior-level professionals earn up to $96,000 annually. The mean (average) salary is $66,400.
How much does a Real Estate Appraiser make per hour? ▼
Based on the national median salary of $61,820 per year, a real estate appraiser earns approximately $30 per hour assuming a standard 2,080-hour work year. Hourly rates vary by experience, location, and employer.
What is the highest paying state for real estate appraisers? ▼
Hawaii is the highest paying state for real estate appraisers, with a median salary of $105,094. Other top-paying states include Massachusetts ($87,784) and California ($85,312).
What education do you need to become a real estate appraiser? ▼
Most real estate appraiser positions require a bachelor's degree. Key skills include Property Valuation, Market Analysis, Report Writing, USPAP Standards. Relevant certifications and hands-on experience can also strengthen your qualifications.
What is the job outlook for real estate appraisers? ▼
Employment for real estate appraisers is projected to grow 5% over the next decade, which is faster than average. There are currently 78,600 real estate appraisers employed in the United States.
How much does an entry-level real estate appraiser make? ▼
An entry-level real estate appraiser with 0-2 years of experience earns around $38,000 per year. With 3-7 years of experience, pay increases to approximately $63,000. The bottom 10% of earners make $36,000, while the top 10% earn $102,000.