Business & Finance Indianapolis, IN Pop. 887,642

Real Estate Appraiser Salary in Indianapolis, Indiana

The median real estate appraiser salary in Indianapolis, IN is $57,493 per year, which is 7% below the national median and 3.3% above the Indiana state average.

City Median
$57,493
vs State Avg
+$1,855
vs National
$-4,327
Cost of Living
93%

Real Estate Appraiser Salary in Indianapolis by Experience

In Indianapolis, an entry-level real estate appraiser earns around $35,340, while experienced professionals earn up to $89,280 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$35,340
$-2,660 vs national
Mid Level (3-7 yrs)
$58,590
$-4,410 vs national
Senior Level (8+ yrs)
$89,280
$-6,720 vs national

Salary Percentiles in Indianapolis, IN

Percentile Indianapolis
10th Percentile $33,480
25th Percentile $42,780
Median (50th) $57,493
75th Percentile $74,400
90th Percentile $94,860

Real Estate Appraiser Salary in Other Indiana Cities

Carmel, IN
$64,911
Pop. 99,757
Fort Wayne, IN
$52,547
Pop. 263,886
Evansville, IN
$51,929
Pop. 117,429
South Bend, IN
$51,311
Pop. 103,453

How to Become a Real Estate Appraiser in Indianapolis

Education

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

Find Real Estate Appraiser Jobs in Indianapolis

Browse open real estate appraiser positions in Indianapolis, IN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Real Estate Appraiser Salary in Indianapolis

How much does a Real Estate Appraiser make in Indianapolis, IN? ▼
The median real estate appraiser salary in Indianapolis, Indiana is $57,493 per year, which is 7% below the national median of $61,820. Salaries range from $33,480 (10th percentile) to $94,860 (90th percentile).
How much does a Real Estate Appraiser make per hour in Indianapolis? ▼
Based on the median annual salary of $57,493, a real estate appraiser in Indianapolis earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Indianapolis compare to the Indiana state average for real estate appraiser pay? ▼
Indianapolis's median real estate appraiser salary of $57,493 is 3.3% above the Indiana state average of $55,638. The local cost of living index is 93% of the national average.
What is the cost of living in Indianapolis, IN? ▼
Indianapolis has a cost of living index of 93% compared to the national average. This means a real estate appraiser salary of $57,493 in Indianapolis 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 Indianapolis? ▼
Most real estate appraiser positions in Indianapolis 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.