Business & Finance Lowell, MA Pop. 115,554

Real Estate Appraiser Salary in Lowell, Massachusetts

The median real estate appraiser salary in Lowell, MA is $69,238 per year, which is 12.0% above the national median and 21.1% below the Massachusetts state average.

City Median
$69,238
vs State Avg
$-18,546
vs National
+$7,418
Cost of Living
105%

Real Estate Appraiser Salary in Lowell by Experience

In Lowell, an entry-level real estate appraiser earns around $42,560, while experienced professionals earn up to $107,520 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$42,560
+$4,560 vs national
Mid Level (3-7 yrs)
$70,560
+$7,560 vs national
Senior Level (8+ yrs)
$107,520
+$11,520 vs national

Salary Percentiles in Lowell, MA

Percentile Lowell
10th Percentile $40,320
25th Percentile $51,520
Median (50th) $69,238
75th Percentile $89,600
90th Percentile $114,240

Real Estate Appraiser Salary in Other Massachusetts Cities

How to Become a Real Estate Appraiser in Lowell

Education

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

Find Real Estate Appraiser Jobs in Lowell

Browse open real estate appraiser positions in Lowell, MA:

Frequently Asked Questions: Real Estate Appraiser Salary in Lowell

How much does a Real Estate Appraiser make in Lowell, MA?
The median real estate appraiser salary in Lowell, Massachusetts is $69,238 per year, which is 12.0% above the national median of $61,820. Salaries range from $40,320 (10th percentile) to $114,240 (90th percentile).
How much does a Real Estate Appraiser make per hour in Lowell?
Based on the median annual salary of $69,238, a real estate appraiser in Lowell earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Lowell compare to the Massachusetts state average for real estate appraiser pay?
Lowell's median real estate appraiser salary of $69,238 is 21.1% below the Massachusetts state average of $87,784. The local cost of living index is 105% of the national average.
What is the cost of living in Lowell, MA?
Lowell has a cost of living index of 105% compared to the national average. This means a real estate appraiser salary of $69,238 in Lowell 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 Lowell?
Most real estate appraiser positions in Lowell 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.