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Real estate appraiser salary
Average real estate appraiser salary
$54,616
Average Real Estate Appraiser Salary
The average salary for a Real Estate Appraiser is $54,616 per year, translating to approximately $26 per hour. Salaries can vary significantly based on experience, location, and the specific sector of the real estate industry. For instance, professionals with more years of experience often see higher earnings.
Highest Paying States
Real Estate Appraisers can expect higher salaries in states like California and New York, where demand for property valuation services is substantial. States such as Texas and Florida also offer competitive salaries due to the growing real estate markets.
Job Opportunities
In addition to traditional appraisal roles, there are specialized positions in commercial real estate, which tend to offer higher compensation. As a Real Estate Appraiser, you can explore various career paths including residential appraisals, commercial appraisals, and even consulting roles.
Conclusion
Understanding the salary landscape as a Real Estate Appraiser is crucial for career planning. With opportunities for advancement and specialization, this field continues to provide promising prospects for those interested in real estate valuation.
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Where can a Real Estate Appraiser earn more?
Real estate appraiser salary estimates from across the web
Average real estate appraiser salary by state
The average real estate appraiser salary in New Jersey, Alaska, and Oregon are the highest in the U.S. The lowest average real estate appraiser salary states are Montana, Kentucky, and South Carolina.
- State view
- County view
Highest paying states for real estate appraisers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Iowa | $57,797 | $27.79 |
| 2 | Arizona | $58,761 | $28.25 |
| 3 | New Jersey | $63,853 | $30.70 |
| 4 | Nevada | $60,438 | $29.06 |
| 5 | Delaware | $58,825 | $28.28 |
| 6 | Oregon | $61,187 | $29.42 |
| 7 | Pennsylvania | $56,710 | $27.26 |
| 8 | Rhode Island | $56,725 | $27.27 |
| 9 | Connecticut | $57,598 | $27.69 |
| 10 | Minnesota | $59,606 | $28.66 |
| 11 | Tennessee | $54,784 | $26.34 |
| 12 | Kansas | $57,394 | $27.59 |
| 13 | Texas | $57,301 | $27.55 |
| 14 | Illinois | $58,756 | $28.25 |
| 15 | Nebraska | $54,545 | $26.22 |
| 16 | Michigan | $54,902 | $26.40 |
| 17 | New York | $58,215 | $27.99 |
| 18 | Virginia | $58,926 | $28.33 |
| 19 | New Mexico | $56,438 | $27.13 |
| 20 | District of Columbia | $58,469 | $28.11 |
| 21 | Alaska | $61,945 | $29.78 |
| 22 | Missouri | $54,538 | $26.22 |
| 23 | New Hampshire | $53,465 | $25.70 |
| 24 | California | $57,470 | $27.63 |
| 25 | Mississippi | $55,459 | $26.66 |
| 26 | Utah | $54,959 | $26.42 |
| 27 | Oklahoma | $55,182 | $26.53 |
| 28 | Alabama | $51,359 | $24.69 |
| 29 | Georgia | $54,960 | $26.42 |
| 30 | Arkansas | $52,320 | $25.15 |
| 31 | North Carolina | $54,129 | $26.02 |
| 32 | Washington | $54,015 | $25.97 |
| 33 | North Dakota | $52,385 | $25.19 |
| 34 | Florida | $51,140 | $24.59 |
| 35 | Maryland | $52,340 | $25.16 |
| 36 | Wyoming | $52,880 | $25.42 |
| 37 | Vermont | $50,400 | $24.23 |
| 38 | Indiana | $50,191 | $24.13 |
| 39 | Massachusetts | $49,383 | $23.74 |
| 40 | Ohio | $49,585 | $23.84 |
| 41 | Hawaii | $54,435 | $26.17 |
| 42 | Kentucky | $47,914 | $23.04 |
| 43 | Idaho | $52,091 | $25.04 |
| 44 | West Virginia | $50,187 | $24.13 |
| 45 | Wisconsin | $49,807 | $23.95 |
| 46 | South Carolina | $47,794 | $22.98 |
| 47 | Louisiana | $49,765 | $23.93 |
| 48 | Montana | $48,771 | $23.45 |
| 49 | South Dakota | $47,428 | $22.80 |
| 50 | Colorado | $44,732 | $21.51 |
| 51 | Maine | $45,556 | $21.90 |
Highest paying cities for real estate appraisers
The highest-paying cities for real estate appraisers are Las Vegas, NV, Eden Prairie, MN, and Norfolk, VA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Las Vegas, NV | $60,551 | $29.11 |
| 2 | Eden Prairie, MN | $59,631 | $28.67 |
| 3 | Norfolk, VA | $59,334 | $28.53 |
| 4 | Chicago, IL | $58,873 | $28.30 |
| 5 | Sunnyvale, CA | $58,799 | $28.27 |
| 6 | New York, NY | $58,526 | $28.14 |
| 7 | Washington, DC | $58,506 | $28.13 |
| 8 | Houston, TX | $58,142 | $27.95 |
| 9 | Davenport, IA | $58,135 | $27.95 |
| 10 | Greenwich, CT | $58,130 | $27.95 |
| 11 | Allentown, PA | $56,710 | $27.26 |
| 12 | Kirkland, WA | $54,195 | $26.06 |
| 13 | Grand Rapids, MI | $54,174 | $26.05 |
| 14 | Miami, FL | $52,466 | $25.22 |
| 15 | Bethesda, MD | $52,277 | $25.13 |
| 16 | Indianapolis, IN | $50,146 | $24.11 |
| 17 | Columbus, OH | $49,610 | $23.85 |
| 18 | Boston, MA | $49,306 | $23.70 |
| 19 | Mount Pleasant, SC | $47,842 | $23.00 |
| 20 | Denver, CO | $44,704 | $21.49 |
Real estate appraiser salary details
A real estate appraiser's salary ranges from $37,000 a year at the 10th percentile to $80,000 at the 90th percentile.
What is a real estate appraiser's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $80,000 | $6,667 | $38 |
| 75th Percentile | $66,000 | $5,500 | $32 |
| Average | $54,616 | $4,551 | $26 |
| 25th Percentile | $44,000 | $3,667 | $21 |
| 10th Percentile | $37,000 | $3,083 | $18 |
Highest paying real estate appraiser jobs
The highest paying types of real estate appraisers are real estate agent, real estate broker, and valuation consultant.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Appraiser | $42,223 | $3,519 | $20.30 | 1,186 |
| Residential Appraiser | $42,503 | $3,542 | $20.43 | 8,581 |
| Staff Appraiser | $43,583 | $3,632 | $20.95 | 69,228 |
| Real Estate Agent | $91,788 | $7,649 | $44.13 | 41,399 |
| Real Estate Analyst | $71,206 | $5,934 | $34.23 | 35,450 |
| Real Estate Broker | $80,250 | $6,687 | $38.58 | 19,151 |
Top companies hiring real estate appraisers now:
Which companies pay real estate appraisers the most?
Real estate appraiser salaries at JPMorgan Chase & Co. and Citi are the highest-paying according to our most recent salary estimates. In addition, the average real estate appraiser salary at companies like J.P. Morgan and Wells Fargo are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | JPMorgan Chase & Co. | $91,422 | $43.95 |
| 2 | Citi | $88,537 | $42.57 |
| 3 | J.P. Morgan | $82,127 | $39.48 |
| 4 | Wells Fargo | $77,499 | $37.26 |
| 5 | HDR | $70,417 | $33.85 |
| 6 | Goodwin | $68,133 | $32.76 |
| 7 | Ernst & Young | $66,860 | $32.14 |
| 8 | City of Eden Prairie | $60,208 | $28.95 |
| 9 | Woodforest Financial Group Inc | $59,546 | $28.63 |
| 10 | LEITNER | $57,261 | $27.53 |
| 11 | Pennsylvania State Treasurer | $57,235 | $27.52 |
| 12 | CB Richard Ellis Memphis LLC | $57,235 | $27.52 |
| 13 | Ben Kinney Companies | $57,235 | $27.52 |
| 14 | Deloitte | $57,137 | $27.47 |
| 15 | CBRE Group | $56,655 | $27.24 |
| 16 | Patrice and Associates Franchising | $56,586 | $27.20 |
| 17 | Prince George County, Va | $56,421 | $27.13 |
| 18 | Gtb | $55,770 | $26.81 |
| 19 | The Place Family Restaurant | $53,628 | $25.78 |
| 20 | Randstad North America, Inc. | $53,298 | $25.62 |
Wage gap by gender, race and education
Real Estate Appraiser salary by industry
The average real estate appraiser salary varies across industries:
- The average real estate appraiser salary in the technology industry is $60,628, the highest of any industry.
- The average real estate appraiser salary in the finance industry is $60,345.
- Real estate appraisers in the government industry earn an average salary of $41,920, the lowest of any industry.
Highest paying industries for real estate appraisers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Technology | $60,628 | $29.15 |
| 2 | Finance | $60,345 | $29.01 |
| 3 | Hospitality | $58,881 | $28.31 |
| 4 | Manufacturing | $58,639 | $28.19 |
| 5 | Real Estate | $53,119 | $25.54 |
| 6 | Government | $41,920 | $20.15 |
High paying real estate appraiser jobs
Real estate appraiser salary trends
The average real estate appraiser salary has risen by $8,088 over the last ten years. In 2014, the average real estate appraiser earned $46,528 annually, but today, they earn $54,616 a year. That works out to a 11% change in pay for real estate appraisers over the last decade.
Compare real estate appraiser salaries for cities or states with the national average over time.
Average real estate appraiser salary over time
Compare real estate appraiser salaries for individual cities or states with the national average.
Real estate appraiser salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $54,600 | $26.26 | +2.6% |
| 2024 | $53,200 | $25.59 | +1.6% |
| 2023 | $52,300 | $25.17 | +1.8% |
| 2022 | $51,400 | $24.72 | +4.0% |
| 2021 | $49,400 | $23.73 | -0.0% |
Recently added real estate appraiser salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Mecklenburg County, Nc | Real Prop Appraiser Technician | Boone, NC | 06/17/2025 | $41,412 |
| Gloucester County | Real Estate Appraiser I | Gloucester Point, VA | 06/11/2025 | $47,247 |
| St. Lucie County Property Appraiser | Commercial Real Estate Appraiser | Fort Pierce, FL | 06/10/2025 | $53,040 |
| Hanover County Government | Real Estate Appraiser (CD) | Hanover, VA | 06/09/2025 | $50,357 |
| Deloitte | Tax Senior-Real Estate | Fort Worth, TX | 05/24/2025 | $66,570 |
| Deloitte | Tax Senior-Real Estate | Inglewood, CA | 05/23/2025 | $66,570 |
| Deloitte | Tax Senior-Real Estate | Westlake, TX | 05/23/2025 | $66,570 |
| Deloitte | Tax Senior-Real Estate | Tallahassee, FL | 05/23/2025 | $66,570 |
| Fairfax County (Va | Real Estate Appraiser II | Fairfax, VA | 05/18/2025 | $73,994 |
| Yosemite Farm Credit | Senior Appraiser/Real Estate Appraiser | Turlock, CA | 05/11/2025 | $57,600 |
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