Business & Finance Illinois (IL) Rank #16 of 50

Real Estate Appraiser Salary in Illinois

The median real estate appraiser salary in Illinois is $62,438 per year, which is 1.0% above the national median of $61,820.

Median Salary
$62,438
vs National
+$618
State Rank
#16 of 50
Cost of Living
95%

Real Estate Appraiser Salary in Illinois by Experience

In Illinois, an entry-level real estate appraiser earns around $38,380, while experienced professionals earn up to $96,960 per year. The cost of living index in Illinois is 95% of the national average.

Entry Level (0-2 yrs)
$38,380
+$380 vs national
Mid Level (3-7 yrs)
$63,630
+$630 vs national
Senior Level (8+ yrs)
$96,960
+$960 vs national

Salary Percentiles in Illinois

Percentile IL Salary
10th Percentile $36,360
25th Percentile $46,460
Median (50th) $62,438
75th Percentile $80,800
90th Percentile $103,020

Real Estate Appraiser Salary by City in Illinois

The largest employment areas for real estate appraisers in Illinois include Chicago, Aurora, Naperville, and Rockford. Salaries vary by city based on local cost of living and demand.

How to Become a Real Estate Appraiser in Illinois

Education

Most real estate appraiser positions require a bachelor's degree. Illinois has several accredited institutions offering relevant programs.

Key Skills

Property ValuationMarket AnalysisReport WritingUSPAP StandardsMLS SystemsAttention to Detail

Job Outlook in Illinois

Nationally, real estate appraiser employment is projected to grow 5% over the next decade (faster than average). Illinois's demand may vary based on local industry trends.