Business & Finance Lexington, KY Pop. 322,570

Real Estate Appraiser Salary in Lexington, Kentucky

The median real estate appraiser salary in Lexington, KY is $57,493 per year, which is 7% below the national median and 6.9% above the Kentucky state average.

City Median
$57,493
vs State Avg
+$3,710
vs National
$-4,327
Cost of Living
93%

Real Estate Appraiser Salary in Lexington by Experience

In Lexington, 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 Lexington, KY

Percentile Lexington
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 Kentucky Cities

How to Become a Real Estate Appraiser in Lexington

Education

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

Find Real Estate Appraiser Jobs in Lexington

Browse open real estate appraiser positions in Lexington, KY:

Frequently Asked Questions: Real Estate Appraiser Salary in Lexington

How much does a Real Estate Appraiser make in Lexington, KY?
The median real estate appraiser salary in Lexington, Kentucky 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 Lexington?
Based on the median annual salary of $57,493, a real estate appraiser in Lexington earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Lexington compare to the Kentucky state average for real estate appraiser pay?
Lexington's median real estate appraiser salary of $57,493 is 6.9% above the Kentucky state average of $53,783. The local cost of living index is 93% of the national average.
What is the cost of living in Lexington, KY?
Lexington has a cost of living index of 93% compared to the national average. This means a real estate appraiser salary of $57,493 in Lexington 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 Lexington?
Most real estate appraiser positions in Lexington 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.