Business & Finance Springfield, IL Pop. 114,394

Real Estate Appraiser Salary in Springfield, Illinois

The median real estate appraiser salary in Springfield, IL is $56,256 per year, which is 9% below the national median and 9.9% below the Illinois state average.

City Median
$56,256
vs State Avg
$-6,182
vs National
$-5,564
Cost of Living
85%

Real Estate Appraiser Salary in Springfield by Experience

In Springfield, an entry-level real estate appraiser earns around $34,580, while experienced professionals earn up to $87,360 per year. The local cost of living index is 85% of the national average.

Entry Level (0-2 yrs)
$34,580
$-3,420 vs national
Mid Level (3-7 yrs)
$57,330
$-5,670 vs national
Senior Level (8+ yrs)
$87,360
$-8,640 vs national

Salary Percentiles in Springfield, IL

Percentile Springfield
10th Percentile $32,760
25th Percentile $41,860
Median (50th) $56,256
75th Percentile $72,800
90th Percentile $92,820

Real Estate Appraiser Salary in Other Illinois Cities

How to Become a Real Estate Appraiser in Springfield

Education

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

Find Real Estate Appraiser Jobs in Springfield

Browse open real estate appraiser positions in Springfield, IL:

Frequently Asked Questions: Real Estate Appraiser Salary in Springfield

How much does a Real Estate Appraiser make in Springfield, IL?
The median real estate appraiser salary in Springfield, Illinois is $56,256 per year, which is 9% below the national median of $61,820. Salaries range from $32,760 (10th percentile) to $92,820 (90th percentile).
How much does a Real Estate Appraiser make per hour in Springfield?
Based on the median annual salary of $56,256, a real estate appraiser in Springfield earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Springfield compare to the Illinois state average for real estate appraiser pay?
Springfield's median real estate appraiser salary of $56,256 is 9.9% below the Illinois state average of $62,438. The local cost of living index is 85% of the national average.
What is the cost of living in Springfield, IL?
Springfield has a cost of living index of 85% compared to the national average. This means a real estate appraiser salary of $56,256 in Springfield 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 Springfield?
Most real estate appraiser positions in Springfield 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.