Business & Finance Bloomington, MN Pop. 89,987

Real Estate Appraiser Salary in Bloomington, Minnesota

The median real estate appraiser salary in Bloomington, MN is $64,293 per year, which is 4.0% above the national median and 5.1% above the Minnesota state average.

City Median
$64,293
vs State Avg
+$3,091
vs National
+$2,473
Cost of Living
102%

Real Estate Appraiser Salary in Bloomington by Experience

In Bloomington, an entry-level real estate appraiser earns around $39,520, while experienced professionals earn up to $99,840 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$39,520
+$1,520 vs national
Mid Level (3-7 yrs)
$65,520
+$2,520 vs national
Senior Level (8+ yrs)
$99,840
+$3,840 vs national

Salary Percentiles in Bloomington, MN

Percentile Bloomington
10th Percentile $37,440
25th Percentile $47,840
Median (50th) $64,293
75th Percentile $83,200
90th Percentile $106,080

Real Estate Appraiser Salary in Other Minnesota Cities

How to Become a Real Estate Appraiser in Bloomington

Education

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

Find Real Estate Appraiser Jobs in Bloomington

Browse open real estate appraiser positions in Bloomington, MN:

Frequently Asked Questions: Real Estate Appraiser Salary in Bloomington

How much does a Real Estate Appraiser make in Bloomington, MN?
The median real estate appraiser salary in Bloomington, Minnesota is $64,293 per year, which is 4.0% above the national median of $61,820. Salaries range from $37,440 (10th percentile) to $106,080 (90th percentile).
How much does a Real Estate Appraiser make per hour in Bloomington?
Based on the median annual salary of $64,293, a real estate appraiser in Bloomington earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Bloomington compare to the Minnesota state average for real estate appraiser pay?
Bloomington's median real estate appraiser salary of $64,293 is 5.1% above the Minnesota state average of $61,202. The local cost of living index is 102% of the national average.
What is the cost of living in Bloomington, MN?
Bloomington has a cost of living index of 102% compared to the national average. This means a real estate appraiser salary of $64,293 in Bloomington 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 Bloomington?
Most real estate appraiser positions in Bloomington 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.