Business & Finance Paterson, NJ Pop. 159,732

Real Estate Appraiser Salary in Paterson, New Jersey

The median real estate appraiser salary in Paterson, NJ is $69,857 per year, which is 13.0% above the national median and 8.1% below the New Jersey state average.

City Median
$69,857
vs State Avg
$-6,182
vs National
+$8,037
Cost of Living
105%

Real Estate Appraiser Salary in Paterson by Experience

In Paterson, an entry-level real estate appraiser earns around $42,940, while experienced professionals earn up to $108,480 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$42,940
+$4,940 vs national
Mid Level (3-7 yrs)
$71,190
+$8,190 vs national
Senior Level (8+ yrs)
$108,480
+$12,480 vs national

Salary Percentiles in Paterson, NJ

Percentile Paterson
10th Percentile $40,680
25th Percentile $51,980
Median (50th) $69,857
75th Percentile $90,400
90th Percentile $115,260

Real Estate Appraiser Salary in Other New Jersey Cities

How to Become a Real Estate Appraiser in Paterson

Education

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