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 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $29,690 |
| 25th Percentile Wage | $40,310 |
| 50th Percentile Wage | $54,980 |
| 75th Percentile Wage | $77,290 |
| 90th Percentile Wage | $102,590 |
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 $102,590. The median annual salary (50th percentile) is $54,980. The average annual salary for the bottom 10 percent is $29,690. Note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 245% higher than that of the bottom 10 percent.
The table and chart below show the trend of the median salary of appraisers and assessors of real estate from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $54,980 | 1.76% | 9.89% |
| 2017 | $54,010 | 4.00% | - |
| 2016 | $51,850 | -0.02% | - |
| 2015 | $51,860 | -1.37% | - |
| 2014 | $52,570 | 2.93% | - |
| 2013 | $51,030 | 2.92% | - |
| 2012 | $49,540 | - | - |
The average salaries of appraisers and assessors of real estate in 14 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 $85,010. The lowest paying sector is the wholesale trade sector (annual salary $40,480).
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 $96,360. The highest paying state for appraisers and assessors of real estate is District of Columbia with a median annual salary of $96,360. 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.