Position
Salary
Appraisers play a key role in many industries, assessing the value of properties and assets. Their work is vital for real estate, insurance, and finance sectors. The average yearly salary for an appraiser is around $64,152. This means that, on average, appraisers earn a solid income.
Appraisers can earn different amounts based on their experience and location. The salary range can vary widely. At the lower end, some appraisers make about $32,400 a year. At the higher end, experienced appraisers can make over $126,000 annually. This range shows that there is good potential for growth in this career. Factors like location, industry, and specialization can also affect earnings. For example, appraisers in urban areas may earn more than those in rural areas. Those who specialize in high-demand areas like commercial real estate may also see higher salaries.
San Jose, CA
Average Salary: $107,346
In San Jose, professionals can find rewarding roles in the tech industry. Companies like Google and Apple often need appraisers to evaluate property and assets. The dynamic environment offers growth opportunities.
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San Diego, CA
Average Salary: $84,235
San Diego provides a vibrant setting for appraisers. With a strong real estate market, firms like Zillow and Redfin seek skilled appraisers. The coastal lifestyle adds to the appeal of working here.
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Austin, TX
Average Salary: $80,033
Austin offers a unique blend of tech and tradition. Companies such as Dell and IBM look for appraisers to manage their assets. The city's growing economy creates many job opportunities.
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Manchester, NH
Average Salary: $75,008
Manchester, NH, is a hub for small businesses and manufacturing. Appraisers here work with local firms to assess property values. The community-focused environment makes it a pleasant place to work.
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Los Angeles, CA
Average Salary: $74,198
Los Angeles boasts a diverse job market. Appraisers find roles with major companies like Wells Fargo and Bank of America. The city's entertainment industry also offers unique appraisal needs.
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Phoenix, AZ
Average Salary: $73,178
Phoenix offers a warm climate and a growing job market. Appraisers work with companies like Chase and Citibank. The city's expanding real estate sector provides steady demand for skilled professionals.
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Salem, OR
Average Salary: $72,210
Salem provides a quieter, more relaxed environment. Appraisers here work with local government and small businesses. The city's strong community ties create a supportive work atmosphere.
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Bakersfield, CA
Average Salary: $67,372
Bakersfield offers a blend of agriculture and industry. Appraisers work with companies like Chevron and local farms. The city's growing economy offers many opportunities for career advancement.
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Albany, NY
Average Salary: $67,056
Albany, the capital city, offers a mix of government and private sector jobs. Appraisers work with state agencies and local businesses. The city's rich history and culture provide a unique backdrop for work.
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Houston, TX
Average Salary: $66,371
Houston is a major center for energy and healthcare. Companies like ExxonMobil and Houston Methodist need appraisers. The city's diverse economy offers many opportunities for professionals.
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Cushman & Wakefield
Average Salary: $167,644
Cushman & Wakefield offers rewarding Appraiser jobs with a focus on real estate. They operate globally, with major offices in New York, London, and Hong Kong. Their Appraisers assess property values, providing crucial data for investment and development.
San Bernardino County
Average Salary: $83,609
San Bernardino County provides Appraiser jobs with a competitive salary. They serve a large area in California, offering roles in various locations. Their Appraisers evaluate property for tax and development purposes, ensuring fair assessments.
Liberty Mutual Insurance
Average Salary: $82,257
Liberty Mutual Insurance offers Appraiser jobs with a strong focus on property damage assessments. They operate nationwide, with offices in major cities. Their Appraisers work on evaluating claims, ensuring clients receive fair compensation.
NYCM
Average Salary: $71,251
NYCM provides Appraiser jobs with a focus on mortgage and real estate. They operate in New York City and surrounding areas. Their Appraisers assess property values to support lending and investment decisions.
State of Missouri
Average Salary: $61,249
The State of Missouri offers Appraiser jobs with a focus on property assessments for tax purposes. They operate across the state, with offices in major cities. Their Appraisers ensure fair and accurate property evaluations for local governments.
CarMax
Average Salary: $32,689
CarMax provides Appraiser jobs with a focus on vehicle valuations. They operate in multiple states, with locations in the Southeast and Midwest. Their Appraisers assess vehicle values to support sales and trade-ins.
Becoming a top-earning appraiser involves more than just a keen eye for detail. It requires a combination of skills, experience, and strategic career moves. By focusing on certain key areas, an appraiser can significantly increase their earning potential. One of the most effective ways to boost income is through gaining specialized certifications. These credentials can open doors to higher-paying opportunities and demonstrate a commitment to professional excellence.
Another important factor is gaining experience in various types of appraisals. Appraisers who can handle residential, commercial, and agricultural properties often find themselves in higher demand. This versatility not only increases job opportunities but also allows for a broader client base. Networking with other professionals in the field can lead to referrals and partnerships, further enhancing earning potential. Staying updated with the latest market trends and technologies also plays a crucial role. An appraiser who keeps up with industry changes can provide more accurate and valuable assessments, justifying higher fees.
Lastly, building a strong personal brand can make a significant difference. An appraiser who is well-known and respected in their community can command higher rates. This involves active participation in professional associations, contributing to industry publications, and maintaining a professional online presence. By focusing on these areas, an appraiser can position themselves for greater financial success.
Here are five factors that can help an appraiser earn more: