Business & Finance Detroit, MI Pop. 639,111

Real Estate Appraiser Salary in Detroit, Michigan

The median real estate appraiser salary in Detroit, MI is $54,402 per year, which is 12% below the national median and 2.2% below the Michigan state average.

City Median
$54,402
vs State Avg
$-1,236
vs National
$-7,418
Cost of Living
88%

Real Estate Appraiser Salary in Detroit by Experience

In Detroit, an entry-level real estate appraiser earns around $33,440, while experienced professionals earn up to $84,480 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$33,440
$-4,560 vs national
Mid Level (3-7 yrs)
$55,440
$-7,560 vs national
Senior Level (8+ yrs)
$84,480
$-11,520 vs national

Salary Percentiles in Detroit, MI

Percentile Detroit
10th Percentile $31,680
25th Percentile $40,480
Median (50th) $54,402
75th Percentile $70,400
90th Percentile $89,760

Real Estate Appraiser Salary in Other Michigan Cities

Ann Arbor, MI
$64,911
Pop. 123,851
Grand Rapids, MI
$55,638
Pop. 198,917
Warren, MI
$54,402
Pop. 139,387
Lansing, MI
$53,165
Pop. 112,644

How to Become a Real Estate Appraiser in Detroit

Education

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

Find Real Estate Appraiser Jobs in Detroit

Browse open real estate appraiser positions in Detroit, MI:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Real Estate Appraiser Salary in Detroit

How much does a Real Estate Appraiser make in Detroit, MI? ▼
The median real estate appraiser salary in Detroit, Michigan is $54,402 per year, which is 12% below the national median of $61,820. Salaries range from $31,680 (10th percentile) to $89,760 (90th percentile).
How much does a Real Estate Appraiser make per hour in Detroit? ▼
Based on the median annual salary of $54,402, a real estate appraiser in Detroit earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Detroit compare to the Michigan state average for real estate appraiser pay? ▼
Detroit's median real estate appraiser salary of $54,402 is 2.2% below the Michigan state average of $55,638. The local cost of living index is 88% of the national average.
What is the cost of living in Detroit, MI? ▼
Detroit has a cost of living index of 88% compared to the national average. This means a real estate appraiser salary of $54,402 in Detroit has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate appraiser in Detroit? ▼
Most real estate appraiser positions in Detroit 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.