Business & Finance South Dakota (SD) Rank #43 of 50

Real Estate Appraiser Salary in South Dakota

The median real estate appraiser salary in South Dakota is $54,402 per year, which is 12% below the national median of $61,820.

Median Salary
$54,402
vs National
$-7,418
State Rank
#43 of 50
Cost of Living
88%

Real Estate Appraiser Salary in South Dakota by Experience

In South Dakota, an entry-level real estate appraiser earns around $33,440, while experienced professionals earn up to $84,480 per year. The cost of living index in South Dakota is 88% of the national average.

Entry Level (0-2 yrs)
$33,440
$-4,560 vs national
Mid Level (3-7 yrs)
$55,440
$-7,560 vs national
Senior Level (8+ yrs)
$84,480
$-11,520 vs national

Salary Percentiles in South Dakota

Percentile SD Salary
10th Percentile $31,680
25th Percentile $40,480
Median (50th) $54,402
75th Percentile $70,400
90th Percentile $89,760

Real Estate Appraiser Salary by City in South Dakota

The largest employment areas for real estate appraisers in South Dakota include Sioux Falls, Rapid City, Aberdeen, and Brookings. Salaries vary by city based on local cost of living and demand.

How to Become a Real Estate Appraiser in South Dakota

Education

Most real estate appraiser positions require a bachelor's degree. South Dakota has several accredited institutions offering relevant programs.

Key Skills

Property ValuationMarket AnalysisReport WritingUSPAP StandardsMLS SystemsAttention to Detail

Job Outlook in South Dakota

Nationally, real estate appraiser employment is projected to grow 5% over the next decade (faster than average). South Dakota's demand may vary based on local industry trends.