Business & Finance Richmond, VA Pop. 226,610

Real Estate Appraiser Salary in Richmond, Virginia

The median real estate appraiser salary in Richmond, VA is $64,911 per year, which is 5.0% above the national median and 3.7% below the Virginia state average.

City Median
$64,911
vs State Avg
$-2,473
vs National
+$3,091
Cost of Living
100%

Real Estate Appraiser Salary in Richmond by Experience

In Richmond, an entry-level real estate appraiser earns around $39,900, while experienced professionals earn up to $100,800 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$39,900
+$1,900 vs national
Mid Level (3-7 yrs)
$66,150
+$3,150 vs national
Senior Level (8+ yrs)
$100,800
+$4,800 vs national

Salary Percentiles in Richmond, VA

Percentile Richmond
10th Percentile $37,800
25th Percentile $48,300
Median (50th) $64,911
75th Percentile $84,000
90th Percentile $107,100

Real Estate Appraiser Salary in Other Virginia Cities

How to Become a Real Estate Appraiser in Richmond

Education

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

Find Real Estate Appraiser Jobs in Richmond

Browse open real estate appraiser positions in Richmond, VA:

Frequently Asked Questions: Real Estate Appraiser Salary in Richmond

How much does a Real Estate Appraiser make in Richmond, VA?
The median real estate appraiser salary in Richmond, Virginia is $64,911 per year, which is 5.0% above the national median of $61,820. Salaries range from $37,800 (10th percentile) to $107,100 (90th percentile).
How much does a Real Estate Appraiser make per hour in Richmond?
Based on the median annual salary of $64,911, a real estate appraiser in Richmond earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Richmond compare to the Virginia state average for real estate appraiser pay?
Richmond's median real estate appraiser salary of $64,911 is 3.7% below the Virginia state average of $67,384. The local cost of living index is 100% of the national average.
What is the cost of living in Richmond, VA?
Richmond has a cost of living index of 100% compared to the national average. This means a real estate appraiser salary of $64,911 in Richmond 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 Richmond?
Most real estate appraiser positions in Richmond 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.