As of July 01, 2026, the average salary for a Collateral Appraiser in South Dakota is $53,152 per year, which breaks down to an hourly rate of $26.
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 | $50,823 |
| Intermediate Level Collateral Appraiser | $51,035 |
| Senior Level Collateral Appraiser | $53,509 |
| Specialist Level Collateral Appraiser | $55,507 |
| Expert Level Collateral Appraiser | $55,649 |
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:
Collateral Appraiser salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $57,305. While startup companies pay approximate $48,536.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $48,536 |
| Growth Stage | 51~500 | $51,325 |
| Established | 501~5000 | $55,359 |
| Enterprise | 5000+ | $57,305 |
For Collateral Appraiser roles, the industry you choose can affect earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 10% above the average. In contrast, Collateral Appraiser positions in Insurance or Business Services typically offer lower base pay, as these industries often view Collateral Appraiser as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $58,467 | $28.0 | 10% |
| Edu., Gov't. & Nonprofit | $55,810 | $27.0 | 5% |
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 July 01, 2026Ready to take the next step in your career? Browse thousands of current Collateral Appraiser job openings on our job board. Use the search bar below to find your perfect match.
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