Business & Finance Mitchell, SD Pop. 15,660

Real Estate Appraiser Salary in Mitchell, South Dakota

The median real estate appraiser salary in Mitchell, SD is $50,692 per year, which is 18% below the national median and 6.8% below the South Dakota state average.

City Median
$50,692
vs State Avg
$-3,710
vs National
$-11,128
Cost of Living
82%

Real Estate Appraiser Salary in Mitchell by Experience

In Mitchell, an entry-level real estate appraiser earns around $31,160, while experienced professionals earn up to $78,720 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)
$31,160
$-6,840 vs national
Mid Level (3-7 yrs)
$51,660
$-11,340 vs national
Senior Level (8+ yrs)
$78,720
$-17,280 vs national

Salary Percentiles in Mitchell, SD

Percentile Mitchell
10th Percentile $29,520
25th Percentile $37,720
Median (50th) $50,692
75th Percentile $65,600
90th Percentile $83,640

Real Estate Appraiser Salary in Other South Dakota Cities

How to Become a Real Estate Appraiser in Mitchell

Education

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

Find Real Estate Appraiser Jobs in Mitchell

Browse open real estate appraiser positions in Mitchell, SD:

Frequently Asked Questions: Real Estate Appraiser Salary in Mitchell

How much does a Real Estate Appraiser make in Mitchell, SD?
The median real estate appraiser salary in Mitchell, South Dakota is $50,692 per year, which is 18% below the national median of $61,820. Salaries range from $29,520 (10th percentile) to $83,640 (90th percentile).
How much does a Real Estate Appraiser make per hour in Mitchell?
Based on the median annual salary of $50,692, a real estate appraiser in Mitchell earns approximately $24 per hour assuming a standard 2,080-hour work year.
How does Mitchell compare to the South Dakota state average for real estate appraiser pay?
Mitchell's median real estate appraiser salary of $50,692 is 6.8% below the South Dakota state average of $54,402. The local cost of living index is 82% of the national average.
What is the cost of living in Mitchell, SD?
Mitchell has a cost of living index of 82% compared to the national average. This means a real estate appraiser salary of $50,692 in Mitchell 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 Mitchell?
Most real estate appraiser positions in Mitchell 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.