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

Jersey City, NJ
$84,075
Pop. 292,449
Edison, NJ
$76,039
Pop. 107,588
Newark, NJ
$74,184
Pop. 311,549
Elizabeth, NJ
$71,711
Pop. 137,298

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.

Find Real Estate Appraiser Jobs in Paterson

Browse open real estate appraiser positions in Paterson, NJ:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Real Estate Appraiser Salary in Paterson

How much does a Real Estate Appraiser make in Paterson, NJ? ▼
The median real estate appraiser salary in Paterson, New Jersey is $69,857 per year, which is 13.0% above the national median of $61,820. Salaries range from $40,680 (10th percentile) to $115,260 (90th percentile).
How much does a Real Estate Appraiser make per hour in Paterson? ▼
Based on the median annual salary of $69,857, a real estate appraiser in Paterson earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Paterson compare to the New Jersey state average for real estate appraiser pay? ▼
Paterson's median real estate appraiser salary of $69,857 is 8.1% below the New Jersey state average of $76,039. The local cost of living index is 105% of the national average.
What is the cost of living in Paterson, NJ? ▼
Paterson has a cost of living index of 105% compared to the national average. This means a real estate appraiser salary of $69,857 in Paterson 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 Paterson? ▼
Most real estate appraiser positions in Paterson 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.