Business & Finance Minot, ND Pop. 48,639

Real Estate Appraiser Salary in Minot, North Dakota

The median real estate appraiser salary in Minot, ND is $56,874 per year, which is 8% below the national median and 2.2% above the North Dakota state average.

City Median
$56,874
vs State Avg
+$1,236
vs National
$-4,946
Cost of Living
92%

Real Estate Appraiser Salary in Minot by Experience

In Minot, an entry-level real estate appraiser earns around $34,960, while experienced professionals earn up to $88,320 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$34,960
$-3,040 vs national
Mid Level (3-7 yrs)
$57,960
$-5,040 vs national
Senior Level (8+ yrs)
$88,320
$-7,680 vs national

Salary Percentiles in Minot, ND

Percentile Minot
10th Percentile $33,120
25th Percentile $42,320
Median (50th) $56,874
75th Percentile $73,600
90th Percentile $93,840

Real Estate Appraiser Salary in Other North Dakota Cities

How to Become a Real Estate Appraiser in Minot

Education

Most real estate appraiser positions require a bachelor's degree. Minot and the surrounding North Dakota 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 Minot may vary based on local industry and population growth.

Find Real Estate Appraiser Jobs in Minot

Browse open real estate appraiser positions in Minot, ND:

Frequently Asked Questions: Real Estate Appraiser Salary in Minot

How much does a Real Estate Appraiser make in Minot, ND?
The median real estate appraiser salary in Minot, North Dakota is $56,874 per year, which is 8% below the national median of $61,820. Salaries range from $33,120 (10th percentile) to $93,840 (90th percentile).
How much does a Real Estate Appraiser make per hour in Minot?
Based on the median annual salary of $56,874, a real estate appraiser in Minot earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Minot compare to the North Dakota state average for real estate appraiser pay?
Minot's median real estate appraiser salary of $56,874 is 2.2% above the North Dakota state average of $55,638. The local cost of living index is 92% of the national average.
What is the cost of living in Minot, ND?
Minot has a cost of living index of 92% compared to the national average. This means a real estate appraiser salary of $56,874 in Minot 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 Minot?
Most real estate appraiser positions in Minot 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.