What is a Real Estate Appraiser?
Occupation Description Appraise real property and estimate its fair value. May assess taxes in accordance with prescribed schedules.
Related Job Titles
- 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.
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.
Below is a list of the median annual salaries for jobs of this type in different U.S. states.
| 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?
References
Image Credit: Via Wikimedia Commons
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