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Appraisers and Assessors of Real Estate

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What is a Real Estate Appraiser?

Occupation Description Appraise real property and estimate its fair value. May assess taxes in accordance with prescribed schedules.

  • Personal Property Assessor
  • Tax Assessor
  • County Assessor
  • Real Estate Appraiser
  • Real Property Evaluator

Is There Going to be Demand for Real Estate Appraisers?

In the United States, there were 80,800 jobs for Appraisers and Assessors of Real Estate in 2016.

New jobs are being produced at a rate of 14.4% which is lower than average. The Bureau of Labor Statistics predicts 11,700 new jobs for Real Estate Appraisers by 2026. There will be an estimated 6,700 positions for Real Estate Appraiser per year.

Forecasted Number of Jobs for Real Estate Appraisers in U.S.

The states with the most job growth for Appraisers and Assessors of Real Estate are Texas, Florida, and New York.

Watch out if you plan on working in Maryland, Alaska, or Vermont. These states have the worst job growth for this type of profession.

Real Estate Appraiser Average Salary

The salary for Appraisers and Assessors of Real Estate ranges between about $29,690 and $102,590 a year. The median salary is $54,980.

Salary Ranges for Real Estate Appraisers

Below is a list of the median annual salaries for jobs of this type in different U.S. states.

Annual Mean Salary by State
State Annual Mean Salary

Nevada

$94,400

District of Columbia

$93,730

California

$84,130

Colorado

$79,390

Iowa

$78,680

Alaska

$76,080

New Jersey

$73,200

Nebraska

$71,370

New Hampshire

$70,840

Connecticut

$70,610

Massachusetts

$70,150

Washington

$69,770

Ohio

$69,650

Minnesota

$69,200

Oregon

$69,040

Hawaii

$67,870

Wisconsin

$66,030

Maryland

$63,590

New York

$63,100

Virginia

$60,420

Maine

$60,120

Pennsylvania

$59,830

Texas

$59,310

Wyoming

$58,600

Tennessee

$57,320

North Carolina

$57,230

Mississippi

$57,120

Kansas

$56,800

Illinois

$56,520

Vermont

$55,870

Missouri

$55,190

Georgia

$54,550

Alabama

$54,340

South Carolina

$54,130

Florida

$53,900

North Dakota

$53,840

Idaho

$53,090

Michigan

$52,730

Louisiana

$52,310

Utah

$52,280

Arizona

$49,330

South Dakota

$49,100

Oklahoma

$49,050

Indiana

$48,740

Kentucky

$46,740

Montana

$46,490

Arkansas

$45,180

New Mexico

$44,710

West Virginia

$40,710

Who Employs Real Estate Appraisers?

Real Estate Appraiser Sectors

References

Bureau of Labor Statistics

College Factual

O*NET Online

Image Credit: Via Wikimedia Commons

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