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Real Estate Appraiser

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What Does it Take to Be a Real Estate Appraiser?

Career Description Appraise real property and estimate its fair value. May assess taxes in accordance with prescribed schedules.

Types of Real Estate Appraiser

  • Property Appraiser
  • Real Estate Appraiser
  • Real Property Evaluator
  • Assessor
  • Real Estate Assessor

Is There Job Demand for Real Estate Appraisers?

In 2016, there was an estimated number of 80,800 jobs in the United States for Real Estate Appraiser. New jobs are being produced at a rate of 14.4% which is above the national average. The Bureau of Labor Statistics predicts 11,600 new jobs for Real Estate Appraiser by 2026. There will be an estimated 6,700 positions for Real Estate Appraiser per year.

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The states with the most job growth for Real Estate Appraiser are Utah, Nevada, and Colorado. Watch out if you plan on working in Maryland, Alaska, or Maine. These states have the worst job growth for this type of profession.

Real Estate Appraiser Average Salary

The salary for Real Estate Appraisers ranges between about $29,690 and $102,590 a year.

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Real Estate Appraisers who work in District of Columbia, Nevada, or California, make the highest salaries.

Below is a list of the median annual salaries for Real Estate Appraisers in different U.S. states.

State Annual Mean Salary
Alabama $54,340
Alaska $76,080
Arizona $49,330
Arkansas $45,180
California $84,130
Colorado $79,390
Connecticut $70,610
District of Columbia $93,730
Florida $53,900
Georgia $54,550
Hawaii $67,870
Idaho $53,090
Illinois $56,520
Indiana $48,740
Iowa $78,680
Kansas $56,800
Kentucky $46,740
Louisiana $52,310
Maine $60,120
Maryland $63,590
Massachusetts $70,150
Michigan $52,730
Minnesota $69,200
Mississippi $57,120
Missouri $55,190
Montana $46,490
Nebraska $71,370
Nevada $94,400
New Hampshire $70,840
New Jersey $73,200
New Mexico $44,710
New York $63,100
North Carolina $57,230
North Dakota $53,840
Ohio $69,650
Oklahoma $49,050
Oregon $69,040
Pennsylvania $59,830
South Carolina $54,130
South Dakota $49,100
Tennessee $57,320
Texas $59,310
Utah $52,280
Vermont $55,870
Virginia $60,420
Washington $69,770
West Virginia $40,710
Wisconsin $66,030
Wyoming $58,600

Where Real Estate Appraisers Are Employed

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Below are examples of industries where Real Estate Appraisers work:

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References:

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More about our data sources and methodologies.

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