Appraisers and Assessors of Real Estate
SOC code 13-2023 · O*NET-SOC 13-2023.00 · Considerable preparation needed · Business and finance
Appraisers and Assessors of Real Estate pay
U.S. national figures, May 2025 BLS survey · How we got this number
Median pay
$67,960
a year
Hourly
$32.67
per hour
The solid band is the middle 50% of workers; the bar spans the 10th to 90th percentile.
Average pay
$75,770
$36.43 per hour
Middle 50%
$50,970 – $92,760
25th to 75th percentile
Full spread
$40,030 – $122,660
10th to 90th percentile
People employed
57,070
nationwide
National U.S. figure, May 2025. Local pay can be higher or lower.
These pay and employment figures are for the broader BLS group “Property Appraisers and Assessors”, not this job alone.
- 10th percentile
- $40,030
- $19.25/hr
- 25th percentile
- $50,970
- $24.51/hr
- Median percentile
- $67,960
- $32.67/hr
- 75th percentile
- $92,760
- $44.60/hr
- 90th percentile
- $122,660
- $58.97/hr
What do appraisers and assessors of real estate do?
Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.
The tasks that matter most day to day
- 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.
- 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.
How to qualify for this work
Most people in this role hold bachelor's degree — 55% of workers surveyed reported it as their level of education.
Preparation level: zone 4 — Considerable preparation needed
- Education
- Most of these occupations require a four-year bachelor's degree, but some do not.
- Experience
- A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
- Training
- Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
Education reported by people doing this job
- Bachelor's Degree55%
- Associate's Degree or other 2-year degree27%
- Some College Courses9%
- High School Diploma or the equivalent (such as a GED)5%
Common questions
How much does an appraisers and assessors of real estate earn?
The national median is $67,960 a year. The full range runs from $40,030 at the 10th percentile to $122,660 at the 90th — entry pay sits closer to the lower figure, and experience, licensing and specialisation move you up the range.
Can you become an appraisers and assessors of real estate without a degree?
Not usually — this occupation sits in preparation zone 4, where the typical entry route is most of these occupations require a four-year bachelor's degree, but some do not. The education breakdown above shows what people in the role actually reported.
Skills and knowledge you need
Core skills
- Reading Comprehension3.6/5
- Active Listening3.5/5
- Critical Thinking3.5/5
- Writing3.4/5
- Speaking3.4/5
- Monitoring2.9/5
- Active Learning2.8/5
Knowledge areas
- English Language4.0/5
- Mathematics3.8/5
- Building and Construction3.8/5
- Customer and Personal Service3.5/5
- Economics and Accounting3.5/5
- Computers and Electronics3.5/5
- Administration and Management3.4/5
- Law and Government3.3/5
Transferable strengths: Complex Problem Solving, Judgment and Decision Making, Coordination.