As of May 18, 2021, the average salary for a Collateral Appraiser in the United States is $58,510 per year, which breaks down to an hourly rate of $28.
However, a Collateral Appraiser's salary can vary significantly. Here’s a look at the typical salary range:
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A Collateral Appraiser's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Collateral Appraiser's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Collateral Appraiser | $56,383 |
| Intermediate Level Collateral Appraiser | $56,577 |
| Senior Level Collateral Appraiser | $58,994 |
| Specialist Level Collateral Appraiser | $61,681 |
| Expert Level Collateral Appraiser | $61,873 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Collateral Appraisers. For example, consider the average annual salaries in these key locations:
Understanding how a Collateral Appraiser's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021Salaries for a Collateral Appraiser can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $68,291 in 2023 to around $68,309 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Collateral Appraiser salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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| 2023 | $68,291 |
| 2024 | $68,563 |
| 2025 | $68,309 |
| 2026 |
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| 2027 |
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A Collateral Appraiser's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Collateral Appraiser earns the most in San Jose, CA, where the annual salary of a Collateral Appraiser is $73,799.
The highest pay for Collateral Appraiser is $68,718.
The lowest pay for Collateral Appraiser is $43,767.
Conducts appraisals of real and personal property and other assets to establish the market value generally used for lending, insurance, or other purposes. Follows standard processes for conducting on-site property inspections, data collection, and research relevant market conditions required to perform valuations. Uses generally accepted appraisal practice concepts and practices to perform data analysis, develop valuation estimates, and write comprehensive reports and exhibits. Utilizes appraisal software tools and databases. Ensures that reports comply with required policies, formats, and regulations. May require a bachelor's degree. May require the Member of the Appraisal Institute (MAI) or similar designation. Depending on state, may also require a State Appraiser License. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2 -4 years of related experience.
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