What are the main factors that influence a Collateral Appraiser's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Collateral Appraiser's salary?

A Collateral Appraiser's salary grows with experience: starting around $58,864 for beginners, reaching about $61,590 at mid-level, and approach $64,595 for experts.

What are the highest paying states for a Collateral Appraiser?

Collateral Appraiser salary varies significantly by state. The top 3 highest paying states for Collateral Appraiser roles are District of Columbia $64,782, California $64,537, Massachusetts $63,676. These tech hubs typically pay 10-15% above the national average.

How much do different types of Collateral Appraiser roles make?

Salaries for Collateral Appraiser level roles vary by specialization: Real Estate Appraiser/Assessor, Commercial: $117,160; Collateral Underwriter: $94,574; Collateral Management Analyst: $93,690; Collateral Analyst: $79,377; Appraiser: $79,377.

Collateral Appraiser Salary in Rhode Island

How much does a Collateral Appraiser make in Rhode Island?

As of May 18, 2021, the average salary for a Collateral Appraiser in Rhode Island is $61,084 per year, which breaks down to an hourly rate of $29.

However, a Collateral Appraiser's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $71,741
Majority Range (25th-75th percentile): $53,028 to $66,663
Entry-Level (10th percentile): $45,693

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Collateral Appraiser Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$66,663	$5,555	$1,282	$32
Average	$61,084	$5,090	$1,175	$29
25th Percentile	$53,028	$4,419	$1,020	$25

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Collateral Appraiser Salaries

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.

How Experience Level Affects Collateral Appraiser Salaries?

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:

Entry-Level (less than 1 year): $58,864
Early Career (1-2 years): $59,066
Mid-Level (2-4 years): $61,590
Senior-Level (5-8 years): $64,395
Expert (over 8 years): $64,595

Levels	Salary
Entry Level Collateral Appraiser	$58,864
Intermediate Level Collateral Appraiser	$59,066
Senior Level Collateral Appraiser	$61,590
Specialist Level Collateral Appraiser	$64,395
Expert Level Collateral Appraiser	$64,595

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How Do Collateral Appraiser Salaries Vary from State to State?

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:

District of Columbia: $64,782.
California: $64,537.
Massachusetts: $63,676.

District of Columbia $64,782 California $64,537 Massachusetts $63,676 Washington $63,442 New Jersey $63,419 Alaska $63,337 Connecticut $62,530 New York $62,202

Hawaii $61,155 Rhode Island $60,663 Maryland $60,330 Minnesota $59,873 Colorado $59,698 Illinois $59,639 Oregon $59,417 Delaware $59,253

New Hampshire $59,150 Virginia $58,920 Pennsylvania $58,247 Nevada $57,907 North Dakota $57,796 Michigan $57,621 Wisconsin $57,556 Vermont $57,428

Texas $57,071 Maine $57,047 Arizona $57,012 Ohio $56,971 Georgia $56,433 Indiana $56,164 Wyoming $56,111 Utah $56,029

Iowa $55,994 Kansas $55,713 Louisiana $55,631 North Carolina $55,602 Missouri $55,590 Florida $55,362 Montana $55,239 Nebraska $55,122

Kentucky $55,058 South Carolina $54,824 Tennessee $54,678 Idaho $54,619 New Mexico $54,192 Oklahoma $54,098 Alabama $53,753 South Dakota $53,174

Arkansas $52,858 West Virginia $52,688 Mississippi $52,179

Top Paying Cities for Collateral Appraisers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Adamsville: $61,658
Albion: $60,634
Ashaway: $61,892

Adamsville, RI $61,658 Albion, RI $60,634 Ashaway, RI $61,892 Barrington, RI $60,634 Block Island, RI $61,570 Bradford, RI $61,851 Bristol, RI $60,575 Carolina, RI $61,348

Charlestown, RI $61,412 Chepachet, RI $60,517 Clayville, RI $60,575 Coventry, RI $60,517 West Greenwich, RI $60,476 East Greenwich, RI $60,558 Exeter, RI $61,851 Fiskeville, RI $60,634

Forestdale, RI $60,575 Foster, RI $60,476 Glendale, RI $60,476 Greene, RI $61,155 Greenville, RI $60,634 Harmony, RI $60,616 Harrisville, RI $60,517 Hope, RI $60,634

Hope Valley, RI $61,892 Hopkinton, RI $61,909 Jamestown, RI $61,289 Kenyon, RI $61,833 Little Compton, RI $61,634 Manville, RI $60,634 Mapleville, RI $60,476 Newport, RI $61,301

Middletown, RI $61,558 North Kingstown, RI $60,458 North Scituate, RI $60,616 Oakland, RI $60,534 Pascoag, RI $60,499 Pawtucket, RI $60,634 Central Falls, RI $60,634 Cumberland, RI $60,634

Lincoln, RI $60,634 Portsmouth, RI $61,055 Prudence Island, RI $60,517 Rockville, RI $61,909 Saunderstown, RI $61,324 Shannock, RI $61,816 Slatersville, RI $60,575 Slocum, RI $61,324

Tiverton, RI $61,675 Wakefield, RI $61,260 Kingston, RI $61,272 Narragansett, RI $61,283 Peace Dale, RI $61,260 Warren, RI $60,616 Warwick, RI $60,634 Westerly, RI $61,927

West Kingston, RI $61,307 West Warwick, RI $60,634 Wood River Junction, RI $61,851 Woonsocket, RI $60,575 North Smithfield, RI $60,616 Wyoming, RI $61,833 Providence, RI $60,634 Cranston, RI $60,634

North Providence, RI $60,634 East Providence, RI $60,634 Riverside, RI $60,634 Rumford, RI $60,634 Smithfield, RI $60,634 Johnston, RI $60,634

Collateral Appraiser Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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, 2021

$53,028

Average $61,084/year

$66,663

$4,419

Average $5,090/month

$5,555

$1,020

Average $1,175/week

$1,282

$25

Average $29/hour

$32

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$66,663	$5,555	$1,282	$32
Average	$61,084	$5,090	$1,175	$29
25th Percentile	$53,028	$4,419	$1,020	$25

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