Salary for Real Estate Appraisers

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This occupation has now been updated to Appraisers and Assessors of Real Estate

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Real estate appraisers work in government and the private sector. Their primary function is to determine the value of real estate for sale, purchase, mortgage, investment and loans. These professionals prepare reports which detail their findings and the methods used to obtain property values - the process of report generation may involve reviewing the public record for assessment, sales and lease information. They may also verify the legal zoning of the property being appraised, and determine the impact of these regulations on the property itself. Evaluation of the property in comparison with similar properties in the area may also be conducted by real estate appraisers in order to determine the fair value of the building or property in question. Professionals in this field are generally expected to have at least some college education, and may also have industry-specific training or certifications.

A Real Estate Appraiser gets a salary of between $32,990 - $107,090 based on the level of seniority. will usually earn a wage of sixty-five thousand six hundred and thirty dollars on an annual basis.

can get the best pay in District of Columbia, where they can receive normal pay levels of about $99,420. People in this career are compensated at the highest average salary in Mining, Quarrying, and Oil and Gas Extraction, which has wages of $89,110.

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The national wage distribution is shown below. To overlay local salaries for a Real Estate Appraiser, please select your state.
Annual salary
Hourly rate
INDUSTRIES

Real Estate Appraisers tend to make the most in the following industries:

Mining, Quarrying, and Oil and Gas Extraction
$89,110
Transportation and Warehousing
$88,250
Manufacturing
$87,600
Retail Trade
$87,020
Management of Companies and Enterprises
$79,560
Construction
$76,690

In general, they earn less within the industries below:

Administrative, Support and Waste Management Services
$55,790
Information
$60,700
Health Care and Social Assistance
$61,030
Public Administration
$61,820
Educational Services
$62,180
Agriculture, Forestry, Fishing and Hunting
$66,220