As of April 01, 2025, the average annual salary for a Collateral Appraiser in Rockford, IL is $58,166. According to Salary.com, salaries can range from a low of $44,231 to a high of $74,302, with most professionals earning between $50,872 and $66,612.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $69,157 | $5,763 | $1,330 | $33 |
| Average | $60,388 | $5,032 | $1,161 | $29 |
| 25th Percentile | $52,815 | $4,401 | $1,016 | $25 |
An entry-level Collateral Appraiser with under 1 year experience makes about $55,042. With less than 2 years of experience, a mid-level Collateral Appraiser makes around $55,256. After 2-4 years, the Collateral Appraiser pay rises to about $58,026. Those senior Collateral Appraiser with 5-8 years of experience earn roughly $61,510, and those Collateral Appraiser having 8 years or more experience are expected to earn about $61,759 on average.
| Levels | Salary |
|---|---|
| Entry Level Collateral Appraiser | $55,042 |
| Intermediate Level Collateral Appraiser | $55,256 |
| Senior Level Collateral Appraiser | $58,026 |
| Specialist Level Collateral Appraiser | $61,510 |
| Expert Level Collateral Appraiser | $61,759 |
| Entry Level | 9% |
| Mid Level | 8% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 2% |
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