Business & Finance Jersey City, NJ Pop. 292,449

Real Estate Appraiser Salary in Jersey City, New Jersey

The median real estate appraiser salary in Jersey City, NJ is $84,075 per year, which is 36.0% above the national median and 10.6% above the New Jersey state average.

City Median
$84,075
vs State Avg
+$8,036
vs National
+$22,255
Cost of Living
128%

Real Estate Appraiser Salary in Jersey City by Experience

In Jersey City, an entry-level real estate appraiser earns around $51,680, while experienced professionals earn up to $130,560 per year. The local cost of living index is 128% of the national average.

Entry Level (0-2 yrs)
$51,680
+$13,680 vs national
Mid Level (3-7 yrs)
$85,680
+$22,680 vs national
Senior Level (8+ yrs)
$130,560
+$34,560 vs national

Salary Percentiles in Jersey City, NJ

Percentile Jersey City
10th Percentile $48,960
25th Percentile $62,560
Median (50th) $84,075
75th Percentile $108,800
90th Percentile $138,720

Real Estate Appraiser Salary in Other New Jersey Cities

How to Become a Real Estate Appraiser in Jersey City

Education

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

Find Real Estate Appraiser Jobs in Jersey City

Browse open real estate appraiser positions in Jersey City, NJ:

Frequently Asked Questions: Real Estate Appraiser Salary in Jersey City

How much does a Real Estate Appraiser make in Jersey City, NJ?
The median real estate appraiser salary in Jersey City, New Jersey is $84,075 per year, which is 36.0% above the national median of $61,820. Salaries range from $48,960 (10th percentile) to $138,720 (90th percentile).
How much does a Real Estate Appraiser make per hour in Jersey City?
Based on the median annual salary of $84,075, a real estate appraiser in Jersey City earns approximately $40 per hour assuming a standard 2,080-hour work year.
How does Jersey City compare to the New Jersey state average for real estate appraiser pay?
Jersey City's median real estate appraiser salary of $84,075 is 10.6% above the New Jersey state average of $76,039. The local cost of living index is 128% of the national average.
What is the cost of living in Jersey City, NJ?
Jersey City has a cost of living index of 128% compared to the national average. This means a real estate appraiser salary of $84,075 in Jersey City 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 Jersey City?
Most real estate appraiser positions in Jersey City 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.