Business & Finance Michigan (MI) Rank #36 of 50

Real Estate Appraiser Salary in Michigan

The median real estate appraiser salary in Michigan is $55,638 per year, which is 10% below the national median of $61,820.

Median Salary
$55,638
vs National
$-6,182
State Rank
#36 of 50
Cost of Living
90%

Real Estate Appraiser Salary in Michigan by Experience

In Michigan, an entry-level real estate appraiser earns around $34,200, while experienced professionals earn up to $86,400 per year. The cost of living index in Michigan is 90% of the national average.

Entry Level (0-2 yrs)
$34,200
$-3,800 vs national
Mid Level (3-7 yrs)
$56,700
$-6,300 vs national
Senior Level (8+ yrs)
$86,400
$-9,600 vs national

Salary Percentiles in Michigan

Percentile MI Salary
10th Percentile $32,400
25th Percentile $41,400
Median (50th) $55,638
75th Percentile $72,000
90th Percentile $91,800

Real Estate Appraiser Salary by City in Michigan

The largest employment areas for real estate appraisers in Michigan include Detroit, Grand Rapids, Ann Arbor, and Warren. Salaries vary by city based on local cost of living and demand.

How to Become a Real Estate Appraiser in Michigan

Education

Most real estate appraiser positions require a bachelor's degree. Michigan has several accredited institutions offering relevant programs.

Key Skills

Property ValuationMarket AnalysisReport WritingUSPAP StandardsMLS SystemsAttention to Detail

Job Outlook in Michigan

Nationally, real estate appraiser employment is projected to grow 5% over the next decade (faster than average). Michigan's demand may vary based on local industry trends.