They prepare reports for their clients of the fair market value, replacement cost, or liquidation at a given point for personal and business property. Property appraisers and assessors work in localities or with items that they are familiar with so that they know any factors that may affect the property's value.Īppraisers of personal and business property estimate the value of items such as jewelry, art, antiques, collectibles, and equipment.
Property appraisers and assessors provide a value estimate on real estate and tangible personal and business property. Learn more about property appraisers and assessors by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations.Īppraisers and assessors estimate the value of property.
More Information, Including Links to O*NET Similar OccupationsĬompare the job duties, education, job growth, and pay of property appraisers and assessors with similar occupations. Most of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.Įxplore resources for employment and wages by state and area for property appraisers and assessors. Job OutlookĮmployment of property appraisers and assessors is projected to grow 4 percent from 2020 to 2030, slower than the average for all occupations.ĭespite limited employment growth, about 6,300 openings for property appraisers and assessors are projected each year, on average, over the decade. The median annual wage for property appraisers and assessors was $61,340 in May 2021. Appraisers of real estate must meet state licensure or certification requirements. Property appraisers and assessors typically need a bachelor’s degree, although educational requirements vary.
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How to Become a Property Appraiser or Assessor
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Most work full time, and some work more than 40 hours per week. Work EnvironmentĪlthough property appraisers and assessors work in offices, they may spend a large part of their time conducting site visits. Property appraisers and assessors provide a value estimate on real estate and on tangible personal and business property. What Property Appraisers and Assessors Do Quick Facts: Property Appraisers and Assessors Please enable javascript to play this video.
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