Business & Finance Silver Spring, MD Pop. 81,015

Real Estate Appraiser Salary in Silver Spring, Maryland

The median real estate appraiser salary in Silver Spring, MD is $78,511 per year, which is 27.0% above the national median and 10.4% above the Maryland state average.

City Median
$78,511
vs State Avg
+$7,418
vs National
+$16,691
Cost of Living
122%

Real Estate Appraiser Salary in Silver Spring by Experience

In Silver Spring, an entry-level real estate appraiser earns around $48,260, while experienced professionals earn up to $121,920 per year. The local cost of living index is 122% of the national average.

Entry Level (0-2 yrs)
$48,260
+$10,260 vs national
Mid Level (3-7 yrs)
$80,010
+$17,010 vs national
Senior Level (8+ yrs)
$121,920
+$25,920 vs national

Salary Percentiles in Silver Spring, MD

Percentile Silver Spring
10th Percentile $45,720
25th Percentile $58,420
Median (50th) $78,511
75th Percentile $101,600
90th Percentile $129,540

Real Estate Appraiser Salary in Other Maryland Cities

Columbia, MD
$76,039
Pop. 104,681
Germantown, MD
$74,184
Pop. 90,676
Baltimore, MD
$69,857
Pop. 585,708
Waldorf, MD
$68,002
Pop. 77,000

How to Become a Real Estate Appraiser in Silver Spring

Education

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

Find Real Estate Appraiser Jobs in Silver Spring

Browse open real estate appraiser positions in Silver Spring, MD:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Real Estate Appraiser Salary in Silver Spring

How much does a Real Estate Appraiser make in Silver Spring, MD? ▼
The median real estate appraiser salary in Silver Spring, Maryland is $78,511 per year, which is 27.0% above the national median of $61,820. Salaries range from $45,720 (10th percentile) to $129,540 (90th percentile).
How much does a Real Estate Appraiser make per hour in Silver Spring? ▼
Based on the median annual salary of $78,511, a real estate appraiser in Silver Spring earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does Silver Spring compare to the Maryland state average for real estate appraiser pay? ▼
Silver Spring's median real estate appraiser salary of $78,511 is 10.4% above the Maryland state average of $71,093. The local cost of living index is 122% of the national average.
What is the cost of living in Silver Spring, MD? ▼
Silver Spring has a cost of living index of 122% compared to the national average. This means a real estate appraiser salary of $78,511 in Silver Spring 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 Silver Spring? ▼
Most real estate appraiser positions in Silver Spring 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.