Business & Finance Albuquerque, NM Pop. 564,559

Real Estate Appraiser Salary in Albuquerque, New Mexico

The median real estate appraiser salary in Albuquerque, NM is $58,729 per year, which is 5% below the national median and 2.1% above the New Mexico state average.

City Median
$58,729
vs State Avg
+$1,236
vs National
$-3,091
Cost of Living
95%

Real Estate Appraiser Salary in Albuquerque by Experience

In Albuquerque, an entry-level real estate appraiser earns around $36,100, while experienced professionals earn up to $91,200 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$36,100
$-1,900 vs national
Mid Level (3-7 yrs)
$59,850
$-3,150 vs national
Senior Level (8+ yrs)
$91,200
$-4,800 vs national

Salary Percentiles in Albuquerque, NM

Percentile Albuquerque
10th Percentile $34,200
25th Percentile $43,700
Median (50th) $58,729
75th Percentile $76,000
90th Percentile $96,900

Real Estate Appraiser Salary in Other New Mexico Cities

Santa Fe, NM
$68,002
Pop. 87,505
Rio Rancho, NM
$56,874
Pop. 104,046
Las Cruces, NM
$54,402
Pop. 111,385
Roswell, NM
$50,692
Pop. 48,422

How to Become a Real Estate Appraiser in Albuquerque

Education

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

Find Real Estate Appraiser Jobs in Albuquerque

Browse open real estate appraiser positions in Albuquerque, NM:

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Frequently Asked Questions: Real Estate Appraiser Salary in Albuquerque

How much does a Real Estate Appraiser make in Albuquerque, NM? ▼
The median real estate appraiser salary in Albuquerque, New Mexico is $58,729 per year, which is 5% below the national median of $61,820. Salaries range from $34,200 (10th percentile) to $96,900 (90th percentile).
How much does a Real Estate Appraiser make per hour in Albuquerque? ▼
Based on the median annual salary of $58,729, a real estate appraiser in Albuquerque earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Albuquerque compare to the New Mexico state average for real estate appraiser pay? ▼
Albuquerque's median real estate appraiser salary of $58,729 is 2.1% above the New Mexico state average of $57,493. The local cost of living index is 95% of the national average.
What is the cost of living in Albuquerque, NM? ▼
Albuquerque has a cost of living index of 95% compared to the national average. This means a real estate appraiser salary of $58,729 in Albuquerque has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate appraiser in Albuquerque? ▼
Most real estate appraiser positions in Albuquerque 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.