Business and Financial Operations
Appraisers and Assessors of Real Estate
Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.
MAY 2025 · OCCUPATIONAL WAGES
A wage reference for United States.
Published wage percentiles describe a distribution within the source occupation group. They provide context for a career decision; employer packages and job offers have their own terms.
Source wage group: Property Appraisers and Assessors
This wage group may include multiple detailed occupations. The figures are for the source group, which may be broader than Appraisers and Assessors of Real Estate. They are not an exact-title, employer, experience or seniority match.
May 2025 · USD · United States. Annual and hourly figures are shown only when the source publishes them; neither is calculated from the other.
U.S. Bureau of Labor Statistics occupational wage data, distributed through the O*NET® OnLine service.
Median annual wage$67,960USD per year · Published 50th percentile
Median hourly wage$32.67USD per hour · Published 50th percentile
Annual wage thresholds
USD per year
Hourly wage thresholds
USD per hour
| Percentile | Annual wage (USD/year) | Hourly wage (USD/hour) |
|---|---|---|
| 10th | $40,030 | $19.25 |
| 25th | $50,970 | $24.51 |
| 50th · Median | $67,960 | $32.67 |
| 75th | $92,760 | $44.60 |
| 90th | $122,660 | $58.97 |
“≥” means at least the published amount; “≤” means at most that amount. These are bounds, not exact values. “Not published” means the source did not provide that figure. Occupational wages follow the source definition and do not establish an employer’s base salary, equity or total compensation.
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THE WORK BEHIND THE TITLE
What this career involves.
Occupation definitions describe common work. Responsibilities and requirements vary by employer and specific job.
Selected title examples
Appraisal ManagerAppraisal ReviewerAppraisal SpecialistAppraiserAssessorBank AppraiserCertified Real Estate AppraiserCertified Residential AppraiserCertified Residential Real Estate AppraiserCity AssessorClaims AppraiserClaims Staff Appraiser
Expand more title examples (39)
Commercial AppraiserCommercial Real Estate AppraiserCounty AssessorDeputy AssessorField AppraiserField AssessorField InspectorField Staff AppraiserHome AppraiserInsurance AppraiserLand AppraiserLicensed AppraiserPersonal Property AppraiserPersonal Property AssessorPhysical AppraiserProperty AppraiserProperty Condition AssessorProperty InspectorProperty Preservation ContractorReal Estate AppraiserReal Estate AssessorReal Property AppraiserReal Property EvaluatorRegistered AppraiserResidential AppraiserResidential Fee AppraiserResidential Property Tax AppraiserResidential Real Estate AppraiserResidential Staff AppraiserReview AppraiserRight of Way Agent (ROW Agent)ROW Appraiser (Right of Way Appraiser)Sole AssessorStaff AppraiserTax AppraiserTax AssessorUnderwriting Field InspectorValuation ManagerValuation Specialist
Typical tasks
- Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
- Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
- Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
- Search public records for transactions such as sales, leases, and assessments.
- Obtain county land values and sales information about nearby properties to aid in establishment of property values.
- Maintain familiarity with aspects of local real estate markets.
Expand more tasks (22)
- Inspect properties, considering factors such as market value, location, and building or replacement costs to determine appraisal value.
- Collect and analyze relevant data to identify real estate market trends.
- Review information about transfers of property to ensure its accuracy, checking basic information on buyers, sellers, and sales prices and making corrections as necessary.
- Analyze trends in sales prices, construction costs, and rents, to assess property values or determine the accuracy of assessments.
- Inspect new construction and major improvements to existing structures to determine values.
- Check building codes and zoning bylaws to determine any effects on the properties being appraised.
- Interview persons familiar with properties and immediate surroundings, such as contractors, home owners, and realtors, to obtain pertinent information.
- Verify legal descriptions of properties by comparing them to county records.
- Evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.
- Examine the type and location of nearby services, such as shopping centers, schools, parks, and other neighborhood features, to evaluate their impact on property values.
- Examine income records and operating costs of income properties.
- Estimate building replacement costs, using building valuation manuals and professional cost estimators.
- Draw land diagrams to be used in appraisal reports to support findings.
- Conduct regular reviews of property within jurisdictions to determine changes in property due to construction or demolition.
- Testify in court as to the value of a piece of real estate property.
- Identify the ownership of each piece of taxable property.
- Prepare and maintain current data on each parcel assessed, including maps of boundaries, inventories of land and structures, property characteristics, and any applicable exemptions.
- Establish uniform and equitable systems for assessing all classes and kinds of property.
- Calculate tax bills for properties by multiplying assessed values by jurisdiction tax rates.
- Determine taxability of properties, using methods such as field inspection, structural measurement, calculation, sales analysis, market trend studies, and income and expense analysis.
- Explain assessed values to property owners and defend appealed assessments at public hearings.
- Explain real and personal property taxes to property owners.
Skills used in this work
- Reading Comprehension
- Understanding written sentences and paragraphs in work-related documents.
- Active Listening
- Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Critical Thinking
- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
- Speaking
- Talking to others to convey information effectively.
- Writing
- Communicating effectively in writing as appropriate for the needs of the audience.
- Complex Problem Solving
- Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Expand more skills (29)
- Judgment and Decision Making
- Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Coordination
- Adjusting actions in relation to others' actions.
- Monitoring
- Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
- Active Learning
- Understanding the implications of new information for both current and future problem-solving and decision-making.
- Persuasion
- Persuading others to change their minds or behavior.
- Service Orientation
- Actively looking for ways to help people.
- Social Perceptiveness
- Being aware of others' reactions and understanding why they react as they do.
- Time Management
- Managing one's own time and the time of others.
- Mathematics
- Using mathematics to solve problems.
- Negotiation
- Bringing others together and trying to reconcile differences.
- Instructing
- Teaching others how to do something.
- Systems Analysis
- Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
- Systems Evaluation
- Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
- Learning Strategies
- Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
- Quality Control Analysis
- Conducting tests and inspections of products, services, or processes to evaluate quality or performance.
- Management of Personnel Resources
- Motivating, developing, and directing people as they work, identifying the best people for the job.
- Operation and Control
- Controlling operations of equipment or systems.
- Operations Monitoring
- Watching gauges, dials, or other indicators to make sure a machine is working properly.
- Operations Analysis
- Analyzing needs and product requirements to create a design.
- Management of Financial Resources
- Determining how money will be spent to get the work done, and accounting for these expenditures.
- Management of Material Resources
- Obtaining and seeing to the appropriate use of equipment, facilities, and materials needed to do certain work.
- Programming
- Writing computer programs for various purposes.
- Troubleshooting
- Determining causes of operating errors and deciding what to do about it.
- Technology Design
- Generating or adapting equipment and technology to serve user needs.
- Equipment Maintenance
- Performing routine maintenance on equipment and determining when and what kind of maintenance is needed.
- Equipment Selection
- Determining the kind of tools and equipment needed to do a job.
- Repairing
- Repairing machines or systems using the needed tools.
- Science
- Using scientific rules and methods to solve problems.
- Installation
- Installing equipment, machines, wiring, or programs to meet specifications.
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