Average Real Estate Valuer Salary in Sierra Leone for 2024

In this article, we will look at the average Real Estate Valuer salary for 2024 in Sierra Leone and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Sierra Leonean leone. To keep things simple, we are using the SLL currency code instead of the currency symbol Le.

How Much Does a Real Estate Valuer Make in Sierra Leone?

A Real Estate Valuer working in Sierra Leone will typically earn around 59,398,900 SLL per year, and this can range from the lowest average salary of about 30,841,400 SLL to the highest average salary of 90,840,700 SLL.

Average Annual Salary
59,398,900 SLL
Average Monthly Salary
4,949,908 SLL

Lowest Annual Salary
30,841,400 SLL
Lowest Monthly Salary
2,570,116 SLL

Highest Annual Salary
90,840,700 SLL
Highest Monthly Salary
7,570,058 SLL

These are average salaries for a Real Estate Valuer in Sierra Leone and include benefits such as housing and transport. It's also possible for a Real Estate Valuer to earn more or less than the average salaries shown above.

Real Estate Valuer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Real Estate Valuer Salaries in Sierra Leone

So we've looked at the average salaries a Real Estate Valuer will earn in Sierra Leone. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Real Estate Valuer can earn between 30,841,400 SLL and 90,840,700 SLL on average in Sierra Leone. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Real Estate Valuer in Sierra Leone is 56,998,400 SLL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 56,998,400 SLL, and 50% of the population earn more than 56,998,400 SLL.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Real Estate Valuer salary in Sierra Leone, 25% of the population are earning less than 39,481,900 SLL while 75% of the population earn more than 39,481,900 SLL.

75% of the population earn less than 70,920,900 SLL, and 25% of the population earn more than 70,920,900 SLL.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Real Estate Valuer Salary by Experience Level in Sierra Leone

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average real estate valuer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Real Estate Valuer in Sierra Leone that has less than two years of experience can expect to earn somewhere in the region of 35,039,300 SLL.
  • 2 - 5 Years Experience. With two to five years of experience the average Real Estate Valuer salary would increase to 47,038,300 SLL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Real Estate Valuer, the average salary would be 61,080,900 SLL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 74,039,800 SLL.
  • 15 - 20 Years Experience. A Real Estate Valuer with 15 to 20 years of experience can earn an average of 80,881,800 SLL.
  • 20+ Years Experience. For a Real Estate Valuer with more than 20 years, the expected average salary increases to 85,081,800 SLL.

Average Salary by Experience Chart

0-2 Years
35,039,300 SLL
2-5 Years +34%
47,038,300 SLL
5-10 Years +30%
61,080,900 SLL
10-15 Years +21%
74,039,800 SLL
15-20 Years +9%
80,881,800 SLL
20+ Years +5%
85,081,800 SLL

Real Estate Valuer Salary by Education Level in Sierra Leone

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Real Estate Valuer in Sierra Leone based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Real Estate Valuer in Sierra Leone with a high school education can earn an average salary of 41,638,700 SLL.

  • Certificate or Diploma. A Real Estate Valuer in Sierra Leone with a certificate or diploma education can earn an average salary of 59,640,200 SLL.

  • Bachelor's Degree. A Real Estate Valuer in Sierra Leone with a bachelor's degree education can earn an average salary of 82,439,700 SLL.

Average Salary by Education Chart

High School
41,638,700 SLL
Certificate or Diploma +43%
59,640,200 SLL
Bachelor's Degree +38%
82,439,700 SLL

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Sierra Leone is around 28,500,000 to 85,500,000 SLL and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Real Estate Valuer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Sierra Leone, a male real estate valuer will earn an average of 63,840,300 SLL, while a female real estate valuer will earn around 56,520,500 SLL.

This means that a male real estate valuer earns approximately 13% more than a female real estate valuer for performing the same job.

Average Salary by Gender Chart in Sierra Leone

Male
63,840,300 SLL
Female -13%
56,520,500 SLL

Real Estate Valuer Average Pay Raise in Sierra Leone

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Real Estate Valuer in Sierra Leone is around 6% every 29 months.

The national average pay raise across all professions and industries in Sierra Leone is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 6 ÷ 29 ) × 12  = 2%

What this means is that a Real Estate Valuer in Sierra Leone can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Sierra Leone for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Sierra Leone.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Real Estate Valuer Bonus and Incentive Rates in Sierra Leone

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Real Estate Valuer is a low bonus based job, with 35% of employees reporting at least one bonus in the last 12 months.

65% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 5%.

Received Bonus
35%
No Bonus
65%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Sierra Leone earn approximately 14% more than private sector employees in the same role.

Public Sector
71,878,800 SLL
Private Sector -14%
63,000,700 SLL

Salaries for Jobs Similar to a Real Estate Valuer

In the table below, we have salary information for jobs that are similar to a Real Estate Valuer in Sierra Leone.

Job Title Category Salary
Acquisition Associate Real Estate 53,040,100 SLL
Assistant Leasing Manager Real Estate 70,920,900 SLL
Assistant Property Manager Real Estate 74,639,200 SLL
Brokerage Real Estate 55,440,900 SLL
Brokerage Clerk Real Estate 27,960,400 SLL
Commercial Leasing Manager Real Estate 113,881,000 SLL
Commercial Real Estate Manager Real Estate 119,881,200 SLL
Community Development Manager Real Estate 104,398,800 SLL
Compliance Specialist Real Estate 53,398,300 SLL
Development Coordinator Real Estate 53,278,500 SLL
Director of Real Estate Real Estate 119,998,200 SLL
Lease Administrator Real Estate 69,599,200 SLL
Leasing Agent Real Estate 55,440,900 SLL
Leasing Consultant Real Estate 66,119,000 SLL
Leasing Manager Real Estate 76,320,200 SLL
Lettings Assistant Real Estate 27,001,700 SLL
Portfolio Analyst Real Estate 89,760,900 SLL
Portfolio Manager Real Estate 122,398,700 SLL
Property Acquisition Agent Real Estate 47,280,300 SLL
Property and Claims Specialist Real Estate 64,198,300 SLL
Property Manager Real Estate 78,719,700 SLL
Property Operations Manager Real Estate 111,838,600 SLL
Property Tax Assistant Real Estate 52,201,800 SLL
Real Estate Administrator Real Estate 61,678,300 SLL
Real Estate Agent Real Estate 56,520,500 SLL
Real Estate Analyst Real Estate 68,639,200 SLL
Real Estate Appraiser Real Estate 56,401,100 SLL
Real Estate Appraiser Real Estate 58,199,900 SLL
Real Estate Appraiser Real Estate 60,841,800 SLL
Real Estate Assistant Real Estate 55,201,700 SLL
Real Estate Association Manager Real Estate 77,278,600 SLL
Real Estate Broker Real Estate 53,040,100 SLL
Real Estate General Manager Real Estate 113,159,000 SLL
Real Estate Project Director Real Estate 103,920,800 SLL
Real Estate Project Manager Real Estate 94,561,900 SLL
Real Estate Sales Agent Real Estate 58,559,300 SLL
Research Analyst Real Estate 52,438,500 SLL
Residential Advisor Real Estate 65,161,000 SLL
Residential Property Manager Real Estate 76,439,700 SLL
Shopping Center Manager Real Estate 115,201,600 SLL
Town Planner Real Estate 118,559,700 SLL

Salary Comparison by City

If you want to compare salaries with different cities in Sierra Leone, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Freetown 63,719,600 SLL

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Real Estate Valuer Salary in Sierra Leone for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-real-estate-valuer-salary-in-sierra-leone/.

  • "Average Real Estate Valuer Salary in Sierra Leone for 2024". World Salaries, https://worldsalaries.com/average-real-estate-valuer-salary-in-sierra-leone/. Accessed 28 March, 2024

  • Average Real Estate Valuer Salary in Sierra Leone for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-real-estate-valuer-salary-in-sierra-leone/.