Appraisers of Personal and Business Property

SOC code 13-2022 · O*NET-SOC 13-2022.00 · Considerable preparation needed · Business and finance

Appraisers of Personal and Business Property 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

10th$40,030Median$67,96090th$122,660

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 of personal and business property do?

Appraise and estimate the fair value of tangible personal or business property, such as jewelry, art, antiques, collectibles, and equipment. May also appraise land.

The tasks that matter most day to day

  • Write descriptions of the property being appraised.
  • Determine the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner.
  • Document physical characteristics of property such as measurements, quality, and design.
  • Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.
  • Locate and record data on sales of comparable property using specialized software, internet searches, or personal records.
  • Write and submit appraisal reports for property, such as jewelry, art, antiques, collectibles, and equipment.
  • Inspect personal or business property.
  • Create and maintain a database of completed appraisals.

How to qualify for this work

Most people in this role hold bachelor's degree — 39% 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.

See all zone 4 occupations →

Education reported by people doing this job

  • Bachelor's Degree39%
  • Some College Courses17%
  • Associate's Degree or other 2-year degree17%
  • Post-Baccalaureate Certificate9%

Common questions

How much does an appraisers of personal and business property 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 of personal and business property 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 Comprehension3.9/5
  • Critical Thinking3.6/5
  • Writing3.5/5
  • Active Listening3.4/5
  • Speaking3.4/5
  • Active Learning3.1/5
  • Mathematics2.9/5

Knowledge areas

  • English Language4.1/5
  • Customer and Personal Service3.7/5
  • Mathematics3.4/5
  • Administrative3.2/5
  • Administration and Management3.1/5
  • Computers and Electronics3.1/5
  • Economics and Accounting3.0/5
  • Law and Government2.8/5

Transferable strengths: Complex Problem Solving, Judgment and Decision Making, Time Management.