Business & Finance Chicago, IL Pop. 2,693,976

Real Estate Appraiser Salary in Chicago, Illinois

The median real estate appraiser salary in Chicago, IL is $69,857 per year, which is 13.0% above the national median and 11.9% above the Illinois state average.

City Median
$69,857
vs State Avg
+$7,419
vs National
+$8,037
Cost of Living
107%

Real Estate Appraiser Salary in Chicago by Experience

In Chicago, an entry-level real estate appraiser earns around $42,940, while experienced professionals earn up to $108,480 per year. The local cost of living index is 107% of the national average.

Entry Level (0-2 yrs)
$42,940
+$4,940 vs national
Mid Level (3-7 yrs)
$71,190
+$8,190 vs national
Senior Level (8+ yrs)
$108,480
+$12,480 vs national

Salary Percentiles in Chicago, IL

Percentile Chicago
10th Percentile $40,680
25th Percentile $51,980
Median (50th) $69,857
75th Percentile $90,400
90th Percentile $115,260

Real Estate Appraiser Salary in Other Illinois Cities

Naperville, IL
$70,475
Pop. 149,540
Aurora, IL
$62,438
Pop. 197,757
Springfield, IL
$56,256
Pop. 114,394
Rockford, IL
$54,402
Pop. 148,655

How to Become a Real Estate Appraiser in Chicago

Education

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

Find Real Estate Appraiser Jobs in Chicago

Browse open real estate appraiser positions in Chicago, IL:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Real Estate Appraiser Salary in Chicago

How much does a Real Estate Appraiser make in Chicago, IL? ▼
The median real estate appraiser salary in Chicago, Illinois is $69,857 per year, which is 13.0% above the national median of $61,820. Salaries range from $40,680 (10th percentile) to $115,260 (90th percentile).
How much does a Real Estate Appraiser make per hour in Chicago? ▼
Based on the median annual salary of $69,857, a real estate appraiser in Chicago earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Chicago compare to the Illinois state average for real estate appraiser pay? ▼
Chicago's median real estate appraiser salary of $69,857 is 11.9% above the Illinois state average of $62,438. The local cost of living index is 107% of the national average.
What is the cost of living in Chicago, IL? ▼
Chicago has a cost of living index of 107% compared to the national average. This means a real estate appraiser salary of $69,857 in Chicago 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 Chicago? ▼
Most real estate appraiser positions in Chicago 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.