Business & Finance Fairbanks, AK Pop. 32,325

Real Estate Appraiser Salary in Fairbanks, Alaska

The median real estate appraiser salary in Fairbanks, AK is $80,366 per year, which is 30.0% above the national median and 4.8% above the Alaska state average.

City Median
$80,366
vs State Avg
+$3,709
vs National
+$18,546
Cost of Living
130%

Real Estate Appraiser Salary in Fairbanks by Experience

In Fairbanks, an entry-level real estate appraiser earns around $49,400, while experienced professionals earn up to $124,800 per year. The local cost of living index is 130% of the national average.

Entry Level (0-2 yrs)
$49,400
+$11,400 vs national
Mid Level (3-7 yrs)
$81,900
+$18,900 vs national
Senior Level (8+ yrs)
$124,800
+$28,800 vs national

Salary Percentiles in Fairbanks, AK

Percentile Fairbanks
10th Percentile $46,800
25th Percentile $59,800
Median (50th) $80,366
75th Percentile $104,000
90th Percentile $132,600

Real Estate Appraiser Salary in Other Alaska Cities

How to Become a Real Estate Appraiser in Fairbanks

Education

Most real estate appraiser positions require a bachelor's degree. Fairbanks and the surrounding Alaska area have institutions offering relevant programs.

Key Skills

Property ValuationMarket AnalysisReport WritingUSPAP StandardsMLS SystemsAttention to Detail

Job Outlook

Nationally, real estate appraiser employment is projected to grow 5% over the next decade (faster than average). Demand in Fairbanks may vary based on local industry and population growth.

Find Real Estate Appraiser Jobs in Fairbanks

Browse open real estate appraiser positions in Fairbanks, AK:

Frequently Asked Questions: Real Estate Appraiser Salary in Fairbanks

How much does a Real Estate Appraiser make in Fairbanks, AK?
The median real estate appraiser salary in Fairbanks, Alaska is $80,366 per year, which is 30.0% above the national median of $61,820. Salaries range from $46,800 (10th percentile) to $132,600 (90th percentile).
How much does a Real Estate Appraiser make per hour in Fairbanks?
Based on the median annual salary of $80,366, a real estate appraiser in Fairbanks earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Fairbanks compare to the Alaska state average for real estate appraiser pay?
Fairbanks's median real estate appraiser salary of $80,366 is 4.8% above the Alaska state average of $76,657. The local cost of living index is 130% of the national average.
What is the cost of living in Fairbanks, AK?
Fairbanks has a cost of living index of 130% compared to the national average. This means a real estate appraiser salary of $80,366 in Fairbanks has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate appraiser in Fairbanks?
Most real estate appraiser positions in Fairbanks require a bachelor's degree. Key skills include Property Valuation, Market Analysis, Report Writing, USPAP Standards. The job market is projected to grow 5% nationally over the next decade.