As of April 01, 2025, the average annual salary for a Collateral Appraiser in Sioux Falls, SD is $53,053. According to Salary.com, salaries can range from a low of $41,592 to a high of $61,120, with most professionals earning between $47,054 and $57,276.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $57,276 | $4,773 | $1,101 | $28 |
| Average | $53,053 | $4,421 | $1,020 | $26 |
| 25th Percentile | $47,054 | $3,921 | $905 | $23 |
An entry-level Collateral Appraiser with under 1 year experience makes about $51,083. With less than 2 years of experience, a mid-level Collateral Appraiser makes around $51,263. After 2-4 years, the Collateral Appraiser pay rises to about $53,368. Those senior Collateral Appraiser with 5-8 years of experience earn roughly $55,133, and those Collateral Appraiser having 8 years or more experience are expected to earn about $55,259 on average.
| Levels | Salary |
|---|---|
| Entry Level Collateral Appraiser | $51,083 |
| Intermediate Level Collateral Appraiser | $51,263 |
| Senior Level Collateral Appraiser | $53,368 |
| Specialist Level Collateral Appraiser | $55,133 |
| Expert Level Collateral Appraiser | $55,259 |
| Entry Level | 13% |
| Mid Level | 12% |
| Senior Level | 9% |
| Top Level | 6% |
| Experienced | 5% |
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