Business & Finance Minneapolis, MN Pop. 429,954

Real Estate Appraiser Salary in Minneapolis, Minnesota

The median real estate appraiser salary in Minneapolis, MN is $66,147 per year, which is 7.0% above the national median and 8.1% above the Minnesota state average.

City Median
$66,147
vs State Avg
+$4,945
vs National
+$4,327
Cost of Living
105%

Real Estate Appraiser Salary in Minneapolis by Experience

In Minneapolis, an entry-level real estate appraiser earns around $40,660, while experienced professionals earn up to $102,720 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$40,660
+$2,660 vs national
Mid Level (3-7 yrs)
$67,410
+$4,410 vs national
Senior Level (8+ yrs)
$102,720
+$6,720 vs national

Salary Percentiles in Minneapolis, MN

Percentile Minneapolis
10th Percentile $38,520
25th Percentile $49,220
Median (50th) $66,147
75th Percentile $85,600
90th Percentile $109,140

Real Estate Appraiser Salary in Other Minnesota Cities

How to Become a Real Estate Appraiser in Minneapolis

Education

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

Find Real Estate Appraiser Jobs in Minneapolis

Browse open real estate appraiser positions in Minneapolis, MN:

Frequently Asked Questions: Real Estate Appraiser Salary in Minneapolis

How much does a Real Estate Appraiser make in Minneapolis, MN?
The median real estate appraiser salary in Minneapolis, Minnesota is $66,147 per year, which is 7.0% above the national median of $61,820. Salaries range from $38,520 (10th percentile) to $109,140 (90th percentile).
How much does a Real Estate Appraiser make per hour in Minneapolis?
Based on the median annual salary of $66,147, a real estate appraiser in Minneapolis earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Minneapolis compare to the Minnesota state average for real estate appraiser pay?
Minneapolis's median real estate appraiser salary of $66,147 is 8.1% above the Minnesota state average of $61,202. The local cost of living index is 105% of the national average.
What is the cost of living in Minneapolis, MN?
Minneapolis has a cost of living index of 105% compared to the national average. This means a real estate appraiser salary of $66,147 in Minneapolis 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 Minneapolis?
Most real estate appraiser positions in Minneapolis 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.