How Much Do Real Estate Appraisers Make in 2021 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

Annual Salary, Salary Range, and Highest Paying States and Industries

Real Estate Appraisers

Real Estate Appraisers appraise real property to determine its value for purchase, sales, investment, mortgage, or loan purposes.

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Table of contents
  1. Average salary
  2. Starting salary
  3. Salary rank
  4. Salary range
  5. Highest paying states
  6. Highest paying industries

Average salary

Annual salary
$65630 per year
Hourly wage
$32 per hour

Starting salary

Entry-level annual salary
$32,990 to $43,400 per year
Entry-level hourly wage
$16 to $21 per hour

Entry-level Real Estate Appraisers with little to no experience can expect to make anywhere between $32,990 to $43,400 per year or $16 to $21 per hour. Similar to any other job, their salary will increase as they gain experience.

Salary rank

Salary rank

We wanted to make it easy for our readers to compare the salary of Real Estate Appraisers to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.

Salary range

Level Hourly Annual
Highest (Top 10%) $51 $107,090
Senior (Top 25%) $39 $80,790
Middle (Mid 50%) $28 $58,650
Junior (Bottom 25%) $21 $43,400
No experience (Bottom 10%) $16 $32,990

Highest paying states

State Hourly Annual
DC $48 $99,420
CA $42 $88,370
NJ $42 $87,040
CO $41 $85,770
NE $41 $85,110
CT $40 $82,870
WA $40 $82,260
AK $39 $81,470
NV $38 $80,000
NH $38 $78,250

Another simple way to increase your salary as a Real Estate Appraiser is to move to a higher paying state. However moving to a higher paying state like DC doesn’t guarantee that you will make more because the expenses at DC might be much higher than where you are currently living at right now.

According to BLS, the highest paid Real Estate Appraisers are in the states of DC, CA, NJ, CO and NE.

Highest paying industries

Salary by industry Annual Hourly
Federal Executive Branch $98580 $47.39
Postal Service (Federal Government) $92500 $44.47
Credit Intermediation and Related Activities $80870 $38.88
Wholesale Electronic Markets and Agents and Brokers $80520 $38.71
Management of Companies and Enterprises $79560 $38.25
Computer Systems Design and Related Services $78040 $37.52
Electric Power Generation, Transmission and Distribution $75890 $36.49
Nondepository Credit Intermediation $75150 $36.13
Insurance Carriers $74980 $36.05
Accounting, Tax Preparation, Bookkeeping, and Payroll Services $72680 $34.94
Other Professional, Scientific, and Technical Services $70180 $33.74
Automobile Dealers $67490 $32.45
Real Estate $67140 $32.28
Community Food and Housing, and Emergency and Other Relief Services $66680 $32.06
Support Activities for Crop Production $66220 $31.84
Legal Services $65070 $31.28
Management, Scientific, and Technical Consulting Services $63690 $30.62
State Government $63100 $30.34
Land Subdivision $62140 $29.88
Employment Services $61130 $29.39
Local Government $60750 $29.21
Elementary and Secondary Schools $60130 $28.91
Other Investment Pools and Funds $59700 $28.70
Agencies, Brokerages, and Other Insurance Related Activities $58760 $28.25
Securities, Commodity Contracts, and Other Financial Investments and Related Activities $54940 $26.42
Architectural, Engineering, and Related Services $54390 $26.15
Jewelry, Luggage, and Leather Goods Stores $51240 $24.63
Other Support Services $46310 $22.27
Oil and Gas Extraction $ $*
Residential Building Construction $ $*

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