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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

Nashville, TN
$61,820
Pop. 689,447
Murfreesboro, TN
$56,874
Pop. 152,769
Knoxville, TN
$54,402
Pop. 190,740
Chattanooga, TN
$54,402
Pop. 181,099

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.

Find Real Estate Appraiser Jobs in Memphis

Browse open real estate appraiser positions in Memphis, TN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Real Estate Appraiser Salary in Memphis

How much does a Real Estate Appraiser make in Memphis, TN? ▼
The median real estate appraiser salary in Memphis, Tennessee is $53,165 per year, which is 14% below the national median of $61,820. Salaries range from $30,960 (10th percentile) to $87,720 (90th percentile).
How much does a Real Estate Appraiser make per hour in Memphis? ▼
Based on the median annual salary of $53,165, a real estate appraiser in Memphis earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Memphis compare to the Tennessee state average for real estate appraiser pay? ▼
Memphis's median real estate appraiser salary of $53,165 is 3.4% below the Tennessee state average of $55,020. The local cost of living index is 86% of the national average.
What is the cost of living in Memphis, TN? ▼
Memphis has a cost of living index of 86% compared to the national average. This means a real estate appraiser salary of $53,165 in Memphis 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 Memphis? ▼
Most real estate appraiser positions in Memphis 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.