Business & Finance Grand Rapids, MI Pop. 198,917

Real Estate Appraiser Salary in Grand Rapids, Michigan

The median real estate appraiser salary in Grand Rapids, MI is $55,638 per year, which is 10% below the national median and 0.0% above the Michigan state average.

City Median
$55,638
vs State Avg
+$0
vs National
$-6,182
Cost of Living
90%

Real Estate Appraiser Salary in Grand Rapids by Experience

In Grand Rapids, an entry-level real estate appraiser earns around $34,200, while experienced professionals earn up to $86,400 per year. The local cost of living index 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 Grand Rapids, MI

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

Real Estate Appraiser Salary in Other Michigan Cities

How to Become a Real Estate Appraiser in Grand Rapids

Education

Most real estate appraiser positions require a bachelor's degree. Grand Rapids 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 Grand Rapids may vary based on local industry and population growth.

Find Real Estate Appraiser Jobs in Grand Rapids

Browse open real estate appraiser positions in Grand Rapids, MI:

Frequently Asked Questions: Real Estate Appraiser Salary in Grand Rapids

How much does a Real Estate Appraiser make in Grand Rapids, MI?
The median real estate appraiser salary in Grand Rapids, Michigan is $55,638 per year, which is 10% below the national median of $61,820. Salaries range from $32,400 (10th percentile) to $91,800 (90th percentile).
How much does a Real Estate Appraiser make per hour in Grand Rapids?
Based on the median annual salary of $55,638, a real estate appraiser in Grand Rapids earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Grand Rapids compare to the Michigan state average for real estate appraiser pay?
Grand Rapids's median real estate appraiser salary of $55,638 is 0.0% above the Michigan state average of $55,638. The local cost of living index is 90% of the national average.
What is the cost of living in Grand Rapids, MI?
Grand Rapids has a cost of living index of 90% compared to the national average. This means a real estate appraiser salary of $55,638 in Grand Rapids 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 Grand Rapids?
Most real estate appraiser positions in Grand Rapids 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.