Business & Finance Covington, KY Pop. 40,961

Real Estate Appraiser Salary in Covington, Kentucky

The median real estate appraiser salary in Covington, KY is $54,402 per year, which is 12% below the national median and 1.2% above the Kentucky state average.

City Median
$54,402
vs State Avg
+$619
vs National
$-7,418
Cost of Living
88%

Real Estate Appraiser Salary in Covington by Experience

In Covington, 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 88% 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 Covington, KY

Percentile Covington
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 Kentucky Cities

Lexington, KY
$57,493
Pop. 322,570
Louisville, KY
$56,874
Pop. 633,045
Bowling Green, KY
$51,929
Pop. 74,735
Owensboro, KY
$50,692
Pop. 60,183

How to Become a Real Estate Appraiser in Covington

Education

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

Find Real Estate Appraiser Jobs in Covington

Browse open real estate appraiser positions in Covington, KY:

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Frequently Asked Questions: Real Estate Appraiser Salary in Covington

How much does a Real Estate Appraiser make in Covington, KY? ▼
The median real estate appraiser salary in Covington, Kentucky 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 Covington? ▼
Based on the median annual salary of $54,402, a real estate appraiser in Covington earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Covington compare to the Kentucky state average for real estate appraiser pay? ▼
Covington's median real estate appraiser salary of $54,402 is 1.2% above the Kentucky state average of $53,783. The local cost of living index is 88% of the national average.
What is the cost of living in Covington, KY? ▼
Covington has a cost of living index of 88% compared to the national average. This means a real estate appraiser salary of $54,402 in Covington 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 Covington? ▼
Most real estate appraiser positions in Covington 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.