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Appraisers and Assessors of Real Estate Salary Information

The salary statistics of appraisers and assessors of real estate are shown in Table 1. In the next few tables we compare the average salaries of appraisers and assessors of real estate within different industry sectors and in the 50 states of the United States. The appraisers and assessors of real estate annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1. Appraisers and Assessors of Real Estate Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$28,440
25th Percentile Wage
$39,280
50th Percentile Wage
$54,010
75th Percentile Wage
$76,240
90th Percentile Wage
$101,710

Table 1 shows the average annual salary for appraisers and assessors of real estate. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) appraisers and assessors of real estate is $101,710. The median annual salary (50th percentile) is $54,010. The average annual salary for the bottom 10 percent is $28,440. It is noted that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 257% higher than that of the bottom 10 percent.

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
$54,010
4.00% 8.28%
2016
$51,850
-0.02% -
2015
$51,860
-1.37% -
2014
$52,570
2.93% -
2013
$51,030
2.92% -
2012
$49,540
- -

Table 2. Appraisers and Assessors of Real Estate Salary by Industry Sector

The average salaries of appraisers and assessors of real estate in 12 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for appraisers and assessors of real estate occupations is the transportation and warehousing sector with an annual salary $86,570. The lowest paying sector is the wholesale trade sector (annual salary $40,480).

Industry Sector Median Annual Salary
Transportation and Warehousing
$86,570
Utilities
$72,310
Management of Companies and Enterprises
$68,440
Finance and Insurance
$66,170
Administrative and Support and Waste Management and Remediation Services
$57,700
Information
$56,740
Professional, Scientific, and Technical Services
$54,630
Real Estate and Rental and Leasing
$54,060
Construction
$53,240
Federal, State, and Local Government
$51,460
Health Care and Social Assistance
$51,030
Wholesale Trade
$40,480

Table 3. Median Annual Wage of Appraisers and Assessors of Real Estate by States

From the above tables we note that not only appraisers and assessors of real estate salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of appraisers and assessors of real estate in all 50 states of the United States. We note that the median annual salaries range from $27,720 to $97,320. The highest paying state for appraisers and assessors of real estate is District of Columbia with a median annual salary of $97,320. The lowest paying state is Guam with a median annual salary of $27,720. For more salary information of appraisers and assessors of real estate profession in a specific state, use the links in the table.

State Name Median Annual Salary
District of Columbia
$97,320
California
$78,240
Alaska
$77,520
New Jersey
$73,300
Massachusetts
$72,270
Connecticut
$68,170
Washington
$66,580
Nevada
$65,640
Oregon
$63,830
Minnesota
$63,550
Colorado
$62,100
Maryland
$61,150
Hawaii
$59,790
Iowa
$59,670
Wisconsin
$59,630
Delaware
$58,820
Maine
$57,920
New York
$57,300
Virginia
$56,170
Ohio
$55,660
New Hampshire
$55,150
Nebraska
$54,610
Texas
$53,550
Michigan
$52,810
North Carolina
$51,360
North Dakota
$51,040
Wyoming
$49,600
Pennsylvania
$49,540
Arizona
$49,390
Florida
$49,270
Rhode Island
$49,260
South Carolina
$49,250
Kansas
$49,170
Missouri
$48,430
Tennessee
$48,350
Illinois
$48,300
Georgia
$47,200
Louisiana
$47,140
Utah
$46,170
Kentucky
$45,830
Alabama
$45,360
South Dakota
$45,100
Vermont
$43,020
Idaho
$42,060
Montana
$40,750
Mississippi
$40,550
Arkansas
$39,490
Oklahoma
$39,390
West Virginia
$37,970
Indiana
$37,310
New Mexico
$36,240
Puerto Rico
$27,900
Guam
$27,720



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