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Real Estate Appraiser Salary

Real Estate Appraisers who are practiced in their profession and carry more than 10 years of experience make up nearly three in five of Real Estate Appraisers. Pay fluctuates from $35K to $103K per year, but expected earnings average $59K per year. Total cash compensation to Real Estate Appraisers approaches anywhere from $35K on the lower end to $103K on the higher end; in exceptional cases, this can include more than $15K from bonuses and upwards of $197K from profit sharing. Location and career length each impact pay for this group, with the former having the largest influence. The majority of workers are highly satisfied with their job. Although more than two-fifths lack health benefits of any kind, the greater part do enjoy medical insurance, and roughly two in five get dental coverage, too. Most Real Estate Appraisers survey respondents are men (78 percent). The numbers in this rundown were provided by PayScale's salary survey participants.
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$35,046 - $102,051
(Median)
$35K
$59K
$100K
MEDIAN: $59,308
10%
50%
90%

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$12.79 - $39.64
(Median)
$13
$20
$40
MEDIAN: $20
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$35,046 - $102,051  
   
Bonus
$0.00 - $14,967  
Profit Sharing
$10.14 - $197,265  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$34,926 - $102,527  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 341
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$12.79 - $39.64  
   
Overtime
$-0.50 - $57.58  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$0.00 - $14,967  
   
Profit Sharing
$10.14 - $197,265  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$34,926 - $102,527  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 33

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Job Description for Real Estate Appraiser

Real estate appraisers are responsible for assessing the value of a property. Most real estate appraisers are contracted by an individual or a business (via an appraisal company) to perform a series of routine checks that will go on record to establish a property's worth. Appraisers' duties vary based on type of property and specific circumstance. For example, assessing the value of a commercial building may take substantially longer than an assessment of a single home. However, appraisers working on personal homes typically deal with multiple jobs at a time.

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Real Estate Appraiser Tasks

  • Conduct inspections of properties to identify factors which could influence property value.
  • Research property sales history, value of neighboring homes, and the value of homes in the region.
  • Calculate estimates of the value of property for sales, mortgages, and loans.
  • Create written reports detailing estimation process and results.

Real Estate Appraiser Job Listings

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Real Estate Appraisers note just a narrow range of job skills. Fortunate workers who know Valuation command much higher paychecks, scoring salaries 36 percent above average. Skills that seem to negatively impact pay include Data Analysis.

Pay by Experience Level for Real Estate Appraiser

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Real Estate Appraisers with a rich background of experience are typically rewarded with larger paychecks. The average worker who claims fewer than five years of experience earns around $45K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $60K. After working for 10 to 20 years, Real Estate Appraisers make a median salary of $62K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $75K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Related Job Salaries

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Experience Affects Real Estate Appraiser Salaries

Late-Career
up arrow 25%

Experienced
up arrow 5%

Mid-Career
up arrow 1%

National Average
$60,000

Entry-Level
up arrow 25%

Skills That Affect Real Estate Appraiser Salaries

Valuation
up arrow 36%

Real Estate
up arrow 1%

National Average
$60,000

Data Analysis
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 56 votes.

Gender

Female
22 %
Male
78 %

Years of Experience

Less than 1 year
2%
1-4 years
19%
5-9 years
21%
10-19 years
27%
20 years or more
31%

Common Health Benefits

medical benefits Medical: 58% dental benefits Dental: 41%
vision benefits Vision: 32% employee benefits None: 42%
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