Appraisers and Assessors of Real Estate Salary Information in Indiana

The average annual and hourly salaries for appraisers and assessors of real estate in the state of Indiana are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of appraisers and assessors of real estate amongst Indiana metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Appraisers and Assessors of Real Estate in Indiana

Percentile BracketAverage Annual Salary
10th Percentile Wage
$24,910
25th Percentile Wage
$30,060
50th Percentile Wage
$37,310
75th Percentile Wage
$53,040
90th Percentile Wage
$83,830

Table 1 shows the average annual salary for appraisers and assessors of real estate in Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $83,830. The median (50th percentile) annual salary is $37,310. The average annual salary for the bottom 10 percent is $24,910.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of appraisers and assessors of real estate from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$37,310
1.69% 12.84%
2016
$36,680
0.55% -
2015
$36,480
0.79% -
2014
$36,190
8.29% -
2013
$33,190
2.02% -
2012
$32,520
- -

Table 3. Median Annual Salary of Appraisers and Assessors of Real Estate in Indiana Cities

Table 3 shows the median annual salary of appraisers and assessors of real estate in some Indiana cities and metropolitan areas. We note that the median annual salary of appraisers and assessors of real estate in state of Indiana ranges from $29,650 to $43,260. The highest paying area for appraisers and assessors of real estate in Indiana is Indianapolis-Carmel with a median annual salary of $43,260. The second highest paying city/area in Indiana State is Central Indiana nonmetropolitan area (mean annual salary $40,230). The lowest paying area is Columbus with a median annual salary of $29,650.

Cities/Areas Median Annual Salary
Indianapolis-Carmel
$43,260
Central Indiana nonmetropolitan area
$40,230
Fort Wayne
$38,480
Northern Indiana nonmetropolitan area
$37,320
Muncie
$35,000
Elkhart-Goshen
$34,870
Terre Haute
$34,750
Bloomington
$34,120
Southern Indiana nonmetropolitan area
$33,720
Gary
$32,080
Lafayette
$29,900
Columbus
$29,650




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