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 Overview in South Dakota (2026)

South Dakota ranks #43 out of 50 states for real estate appraiser compensation. Real Estate Appraiser salaries in South Dakota are below the national median, though the lower cost of living can offset the difference. At $54,402 per year, real estate appraisers in South Dakota earn $7,418 less than the national median of $61,820.

A key advantage of working in South Dakota is its below-average cost of living (88% of the national index). This means the $54,402 salary has the purchasing power of roughly $61,820 in an average-cost area.

The salary spread in South Dakota is significant: real estate appraisers at the 10th percentile earn $31,680, while those at the 90th percentile bring home $89,760 — a $58,080 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in South Dakota for this role is Sioux Falls, where the median reaches $56,874.

Nationally, real estate appraiser employment is projected to grow 5% over the next decade (faster than average). This steady growth indicates stable demand for real estate appraisers across the country.

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

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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.

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Frequently Asked Questions: Real Estate Appraiser Salary in South Dakota

How much does a Real Estate Appraiser make 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. Salaries range from $31,680 (10th percentile) to $89,760 (90th percentile).
How much does a Real Estate Appraiser make per hour in South Dakota? ▼
Based on the median annual salary of $54,402, a real estate appraiser in South Dakota earns approximately $26 per hour assuming a standard 2,080-hour work year.
Is South Dakota a good state for real estate appraisers? ▼
South Dakota ranks #43 out of 50 states for real estate appraiser pay. The cost of living index is 88% of the national average. Entry-level real estate appraisers earn $33,440, while senior professionals earn $84,480.
How does South Dakota compare to other states for real estate appraiser salary? ▼
The highest paying state for real estate appraisers is Hawaii at $105,094. South Dakota's median of $54,402 ranks #43 nationally. Nearby-ranked states include Tennessee ($55,020) and Missouri ($54,402).
What is the entry-level real estate appraiser salary in South Dakota? ▼
An entry-level real estate appraiser in South Dakota earns approximately $33,440 per year. With 3-7 years of experience, pay increases to around $55,440. Senior-level professionals with 8+ years earn up to $84,480.
What city in South Dakota pays real estate appraisers the most? ▼
Sioux Falls is the highest paying city in South Dakota for real estate appraisers, with a median salary of $56,874. Other cities include Rapid City and Aberdeen.