Business & Finance Sioux Falls, SD Pop. 192,517

Real Estate Appraiser Salary in Sioux Falls, South Dakota

The median real estate appraiser salary in Sioux Falls, SD is $56,874 per year, which is 8% below the national median and 4.5% above the South Dakota state average.

City Median
$56,874
vs State Avg
+$2,472
vs National
$-4,946
Cost of Living
92%

Real Estate Appraiser Salary in Sioux Falls by Experience

In Sioux Falls, 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 Sioux Falls, SD

Percentile Sioux Falls
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 South Dakota Cities

Rapid City, SD
$55,638
Pop. 74,703
Brookings, SD
$53,165
Pop. 24,194
Aberdeen, SD
$51,929
Pop. 28,324
Mitchell, SD
$50,692
Pop. 15,660

How to Become a Real Estate Appraiser in Sioux Falls

Education

Most real estate appraiser positions require a bachelor's degree. Sioux Falls 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 Sioux Falls may vary based on local industry and population growth.

Find Real Estate Appraiser Jobs in Sioux Falls

Browse open real estate appraiser positions in Sioux Falls, SD:

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Frequently Asked Questions: Real Estate Appraiser Salary in Sioux Falls

How much does a Real Estate Appraiser make in Sioux Falls, SD? ▼
The median real estate appraiser salary in Sioux Falls, South 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 Sioux Falls? ▼
Based on the median annual salary of $56,874, a real estate appraiser in Sioux Falls earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Sioux Falls compare to the South Dakota state average for real estate appraiser pay? ▼
Sioux Falls's median real estate appraiser salary of $56,874 is 4.5% above the South Dakota state average of $54,402. The local cost of living index is 92% of the national average.
What is the cost of living in Sioux Falls, SD? ▼
Sioux Falls has a cost of living index of 92% compared to the national average. This means a real estate appraiser salary of $56,874 in Sioux Falls 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 Sioux Falls? ▼
Most real estate appraiser positions in Sioux Falls 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.