Business & Finance Rockford, IL Pop. 148,655

Real Estate Appraiser Salary in Rockford, Illinois

The median real estate appraiser salary in Rockford, IL is $54,402 per year, which is 12% below the national median and 12.9% below the Illinois state average.

City Median
$54,402
vs State Avg
$-8,036
vs National
$-7,418
Cost of Living
82%

Real Estate Appraiser Salary in Rockford by Experience

In Rockford, an entry-level real estate appraiser earns around $33,440, while experienced professionals earn up to $84,480 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)
$33,440
$-4,560 vs national
Mid Level (3-7 yrs)
$55,440
$-7,560 vs national
Senior Level (8+ yrs)
$84,480
$-11,520 vs national

Salary Percentiles in Rockford, IL

Percentile Rockford
10th Percentile $31,680
25th Percentile $40,480
Median (50th) $54,402
75th Percentile $70,400
90th Percentile $89,760

Real Estate Appraiser Salary in Other Illinois Cities

Naperville, IL
$70,475
Pop. 149,540
Chicago, IL
$69,857
Pop. 2,693,976
Aurora, IL
$62,438
Pop. 197,757
Springfield, IL
$56,256
Pop. 114,394

How to Become a Real Estate Appraiser in Rockford

Education

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

Find Real Estate Appraiser Jobs in Rockford

Browse open real estate appraiser positions in Rockford, IL:

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Frequently Asked Questions: Real Estate Appraiser Salary in Rockford

How much does a Real Estate Appraiser make in Rockford, IL? ▼
The median real estate appraiser salary in Rockford, Illinois is $54,402 per year, which is 12% below the national median of $61,820. Salaries range from $31,680 (10th percentile) to $89,760 (90th percentile).
How much does a Real Estate Appraiser make per hour in Rockford? ▼
Based on the median annual salary of $54,402, a real estate appraiser in Rockford earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Rockford compare to the Illinois state average for real estate appraiser pay? ▼
Rockford's median real estate appraiser salary of $54,402 is 12.9% below the Illinois state average of $62,438. The local cost of living index is 82% of the national average.
What is the cost of living in Rockford, IL? ▼
Rockford has a cost of living index of 82% compared to the national average. This means a real estate appraiser salary of $54,402 in Rockford has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate appraiser in Rockford? ▼
Most real estate appraiser positions in Rockford 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.