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