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.