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

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.