Appraisers and Assessors of Real Estate Salary Information in New Jersey

The average annual and hourly salaries for appraisers and assessors of real estate in the state of New Jersey are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of appraisers and assessors of real estate among New Jersey 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 New Jersey

Percentile BracketAverage Annual Salary
10th Percentile Wage
$36,770
25th Percentile Wage
$48,960
50th Percentile Wage
$73,300
75th Percentile Wage
$100,590
90th Percentile Wage
$128,550

Table 1 shows the average annual salary for appraisers and assessors of real estate in New Jersey in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $128,550. The median (50th percentile) annual salary is $73,300. The average annual salary for the bottom 10 percent is $36,770.

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
$73,300
12.71% 14.65%
2016
$63,980
1.25% -
2015
$63,180
4.86% -
2014
$60,110
-6.07% -
2013
$63,760
1.88% -
2012
$62,560
- -

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

Table 3 shows the median annual salary of appraisers and assessors of real estate in some New Jersey cities and metropolitan areas. We note that the median annual salary of appraisers and assessors of real estate in state of New Jersey ranges from $62,140 to $77,300. The highest paying area for appraisers and assessors of real estate in New Jersey is Trenton-Ewing with a median annual salary of $77,300. The second highest paying city/area in New Jersey State is Atlantic City-Hammonton (mean annual salary $74,410). The lowest paying area is Edison-New Brunswick with a median annual salary of $62,140.

Cities/Areas Median Annual Salary
Trenton-Ewing
$77,300
Atlantic City-Hammonton
$74,410
Vineland-Millville-Bridgeton
$72,230
Camden
$71,360
Ocean City
$70,650
Wilmington
$63,110
Edison-New Brunswick
$62,140




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