Real EstateUpdated Q1 2025

Real Estate Appraiser Salary
in Chicago, IL

Estimate the value of real property for sales, financing, and taxation purposes. Median salary in Chicago: $72K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$72K
per year
Take-home: $47K

Salary range in Chicago

Entry level (25th)$52,000
Median (50th)$72,000
Senior (75th)$98,000
Top earner (90th)$132,000

Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Chicago, Illinois.

Key facts for Chicago

Median salary
$72K
annual
Take-home pay
$47K
after fed/state tax
COL index
107
100 = US avg
State income tax
4.95%
annual
Avg 1BR rent
$1,650
per month
YoY growth
+2.8%
salary trend

Salary forecast: Chicago Real Estate Appraiser to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $72K by 2030.

Salary trend & forecast — Chicago

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Real Estate Appraiser salary trend 2019–2030PROJECTED →$60K$65K$71K$76K$81K201920212023202520272029
2026
$74K
projected
2027
$76K
projected
2028
$78K
projected
2029
$79K
projected
2030
$81K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$72,000+$0
2028 projected$72,000+$0
2029 projected$72,000+$0
2030 projected$72,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Real Estate Appraiser Salary in Chicago, Illinois: Complete Guide (2026)

The median Real Estate Appraiser salary in Chicago, IL is $72,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the Chicago–IL metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Real Estate Appraiser in Chicago

Entry-level Real Estate Appraisers in Chicago with 0–2 years of experience typically earn between $52,000 and $72,000 annually. Mid-career professionals with 3–7 years command $72,000 to $98,000, while senior-level practitioners with 8+ years of experience regularly earn $98,000 to $132,000 or more.

Cost of living in Chicago for Real Estate Appraisers

Chicago has a cost of living index of 107 compared to the US national average of 100. Living costs in Chicago are close to the national average. Illinois has a 4.95% state income tax rate.

Education requirements for Real Estate Appraiser

Appraiser license; Certified Residential Appraiser (CRA). 35% of these roles offer some remote flexibility.

Real Estate Appraiser salary in nearby cities

CityMedian salaryCOL index
Chicago (current)$72K107
Aurora95
Joliet90
Naperville118
Rockford80