Business & Finance Newark, DE Pop. 33,398

Real Estate Appraiser Salary in Newark, Delaware

The median real estate appraiser salary in Newark, DE is $66,147 per year, which is 7.0% above the national median and 0.9% above the Delaware state average.

City Median
$66,147
vs State Avg
+$618
vs National
+$4,327
Cost of Living
102%

Real Estate Appraiser Salary in Newark by Experience

In Newark, an entry-level real estate appraiser earns around $40,660, while experienced professionals earn up to $102,720 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$40,660
+$2,660 vs national
Mid Level (3-7 yrs)
$67,410
+$4,410 vs national
Senior Level (8+ yrs)
$102,720
+$6,720 vs national

Salary Percentiles in Newark, DE

Percentile Newark
10th Percentile $38,520
25th Percentile $49,220
Median (50th) $66,147
75th Percentile $85,600
90th Percentile $109,140

Real Estate Appraiser Salary in Other Delaware Cities

How to Become a Real Estate Appraiser in Newark

Education

Most real estate appraiser positions require a bachelor's degree. Newark and the surrounding Delaware 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 Newark may vary based on local industry and population growth.

Find Real Estate Appraiser Jobs in Newark

Browse open real estate appraiser positions in Newark, DE:

Frequently Asked Questions: Real Estate Appraiser Salary in Newark

How much does a Real Estate Appraiser make in Newark, DE?
The median real estate appraiser salary in Newark, Delaware is $66,147 per year, which is 7.0% above the national median of $61,820. Salaries range from $38,520 (10th percentile) to $109,140 (90th percentile).
How much does a Real Estate Appraiser make per hour in Newark?
Based on the median annual salary of $66,147, a real estate appraiser in Newark earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the Delaware state average for real estate appraiser pay?
Newark's median real estate appraiser salary of $66,147 is 0.9% above the Delaware state average of $65,529. The local cost of living index is 102% of the national average.
What is the cost of living in Newark, DE?
Newark has a cost of living index of 102% compared to the national average. This means a real estate appraiser salary of $66,147 in Newark 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 Newark?
Most real estate appraiser positions in Newark 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.