Business & Finance Memphis, TN Pop. 633,104

Real Estate Appraiser Salary in Memphis, Tennessee

The median real estate appraiser salary in Memphis, TN is $53,165 per year, which is 14% below the national median and 3.4% below the Tennessee state average.

City Median
$53,165
vs State Avg
$-1,855
vs National
$-8,655
Cost of Living
86%

Real Estate Appraiser Salary in Memphis by Experience

In Memphis, an entry-level real estate appraiser earns around $32,680, while experienced professionals earn up to $82,560 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$32,680
$-5,320 vs national
Mid Level (3-7 yrs)
$54,180
$-8,820 vs national
Senior Level (8+ yrs)
$82,560
$-13,440 vs national

Salary Percentiles in Memphis, TN

Percentile Memphis
10th Percentile $30,960
25th Percentile $39,560
Median (50th) $53,165
75th Percentile $68,800
90th Percentile $87,720

Real Estate Appraiser Salary in Other Tennessee Cities

How to Become a Real Estate Appraiser in Memphis

Education

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