Business & Finance South Portland, ME Pop. 25,665

Real Estate Appraiser Salary in South Portland, Maine

The median real estate appraiser salary in South Portland, ME is $64,911 per year, which is 5.0% above the national median and 7.1% above the Maine state average.

City Median
$64,911
vs State Avg
+$4,327
vs National
+$3,091
Cost of Living
105%

Real Estate Appraiser Salary in South Portland by Experience

In South Portland, an entry-level real estate appraiser earns around $39,900, while experienced professionals earn up to $100,800 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$39,900
+$1,900 vs national
Mid Level (3-7 yrs)
$66,150
+$3,150 vs national
Senior Level (8+ yrs)
$100,800
+$4,800 vs national

Salary Percentiles in South Portland, ME

Percentile South Portland
10th Percentile $37,800
25th Percentile $48,300
Median (50th) $64,911
75th Percentile $84,000
90th Percentile $107,100

Real Estate Appraiser Salary in Other Maine Cities

How to Become a Real Estate Appraiser in South Portland

Education

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

Find Real Estate Appraiser Jobs in South Portland

Browse open real estate appraiser positions in South Portland, ME:

Frequently Asked Questions: Real Estate Appraiser Salary in South Portland

How much does a Real Estate Appraiser make in South Portland, ME?
The median real estate appraiser salary in South Portland, Maine is $64,911 per year, which is 5.0% above the national median of $61,820. Salaries range from $37,800 (10th percentile) to $107,100 (90th percentile).
How much does a Real Estate Appraiser make per hour in South Portland?
Based on the median annual salary of $64,911, a real estate appraiser in South Portland earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does South Portland compare to the Maine state average for real estate appraiser pay?
South Portland's median real estate appraiser salary of $64,911 is 7.1% above the Maine state average of $60,584. The local cost of living index is 105% of the national average.
What is the cost of living in South Portland, ME?
South Portland has a cost of living index of 105% compared to the national average. This means a real estate appraiser salary of $64,911 in South Portland has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate appraiser in South Portland?
Most real estate appraiser positions in South Portland 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.