Property Appraisers and Assessors Salary
The median property appraisers and assessors salary in the United States is $67,960 per year ($32.67/hour). Salaries range from $40,030 at the entry level to $122,660+ for the top 10% of earners. There are 57,070 property appraisers and assessors jobs nationwide. Employment is projected to grow 3.8% through 2034.
Last updated: June 2026 Β· Source: U.S. Bureau of Labor Statistics
Salary Distribution
Job Growth (2024-2034)
Annual Openings
Education Required
Training Needed
Property Appraisers and Assessors Career Guide
Interview questions, resume templates, and a career ladder written specifically for property appraisers and assessorss.
Property appraisers and assessors (BLS SOC 13-2023) develop opinions of value on real property β residential single-family, small residential income, commercial, industrial, agricultural, and special-purpose β either for a fee-based appraisal client (lender, AMC, attorney, taxpayer, insurer, relocation company) or for an ad-valorem property-tax roll at a municipal / county / state assessor's office. Typical seats: fee-based Certified Residential Appraiser or Certified General Appraiser at an independent shop or an Appraisal Management Company (AMC) β Solidifi, Class Valuation, Clear Capital, Nationwide Appraisal Network (NAN), ServiceLink Valuation Solutions, Reggora, LRES, Consolidated Analytics; staff appraiser at a Fortune-500 lender (JPMorgan Chase, Wells Fargo, Bank of America, US Bank, PNC, Truist), a GSE (Fannie Mae, Freddie Mac) or FHA / VA reviewer; commercial appraiser at CBRE Valuation & Advisory Services, Cushman & Wakefield Valuation & Advisory, JLL Valuation Advisory, Colliers Valuation & Advisory, Newmark Valuation & Advisory, Duff & Phelps / Kroll Real Estate Advisory, Integra Realty Resources (IRR), Valbridge Property Advisors; municipal / county / state Assessor / Appraiser III at a county assessor's office (Los Angeles County Assessor, Cook County Assessor's Office, Harris County Appraisal District, Maricopa County Assessor, King County Department of Assessments, Fulton County Board of Assessors) or a state Department of Revenue property-tax division. BLS reports 57,070 employed with a median of $67,960, p10 $37,110, p90 $128,010+. Entry Trainee / Licensed Residential $42-62k; Certified Residential $65-95k; Certified General $85-140k; senior commercial appraiser with MAI / SRA $130-215k+; managing appraiser / VP Valuation $185-345k+. The single biggest earnings lever is stacking a Certified General license + MAI (Member, Appraisal Institute) designation + urban-commercial specialty and moving into a CBRE / Cushman / JLL commercial valuation seat, or moving into a supervising-appraiser role at a large county assessor.
Core Skills Hiring Managers Screen For
How to Become a Property Appraisers and Assessors
- 1Complete a Bachelor's degree (required for Certified Residential and Certified General)Any four-year degree accepted under AQB criteria. Real estate, finance, business, economics, urban planning, or construction management are common backgrounds. Bachelor's is not required for Trainee or Licensed Residential (a 30-credit alternative with specific topic coverage is available for Certified Residential), but is mandatory for Certified General and effectively mandatory for career advancement.
- 2Complete 75-hour Trainee qualifying education and register in your stateAQB-approved coursework β Basic Appraisal Principles (30 hr), Basic Appraisal Procedures (30 hr), 15-hour National USPAP Course. Providers: McKissock Learning, Appraisal Institute, Hondros Learning, Kaplan Real Estate Education, AppraiserELearning. Register as Trainee Appraiser with your state Real Estate Appraiser Board / Appraiser Licensing Board. Secure a supervising-appraiser (must be Certified Residential or Certified General with 3+ years in-good-standing status).
- 3Start as Trainee Appraiser at $38-55k under a supervising appraiserFirst seat β typically at an independent shop, a regional appraisal firm, or occasionally an AMC's staff bench. Trainee status is the log-experience-hours phase β 1,000 hours over 6+ months required for Licensed Residential, 1,500 hours over 12+ months for Certified Residential, 3,000 hours over 18+ months for Certified General. Supervising appraiser must co-sign every report and be present at each inspection during the trainee period per most states.
- 4Sit for the AQB exam and upgrade to Licensed Residential or Certified ResidentialAQB National Uniform Licensing and Certification Examination (National Exam) administered by PSI Services / Pearson VUE. Passing scores 75 (Licensed Residential), 75 (Certified Residential), 75 (Certified General) with state-specific supplement. State application fee $200-500 + national registry fee $80 annual + fingerprint-based background check. Licensed Residential β 1-4 unit residential up to $1M complex / $400k non-complex under most states. Certified Residential β 1-4 unit residential no value limit.
- 5Complete the 200-hour Certified Residential or 300-hour Certified General educationCertified Residential (200 hr QE) β Basic Appraisal Principles + Procedures (60 hr), 15-hr USPAP, Residential Market Analysis and Highest & Best Use (15 hr), Residential Appraiser Site Valuation and Cost Approach (15 hr), Residential Sales Comparison and Income Approaches (30 hr), Residential Report Writing and Case Studies (15 hr), Statistics-Modeling-Finance (15 hr), Advanced Residential Applications and Case Studies (15 hr), plus electives. Certified General (300 hr QE) β adds General Appraiser Market Analysis (30 hr), General Appraiser Sales Comparison (30 hr), General Appraiser Site Valuation and Cost Approach (30 hr), General Appraiser Income Approach (60 hr), General Appraiser Report Writing and Case Studies (30 hr), Statistics-Modeling-Finance (15 hr).
- 6Advance to Certified Residential Appraiser at $65-95k + benefits5-8 years in seat. Independent authority on 1-4 unit residential β FHA / VA / USDA / conventional / GSE lending, relocation, tax appeal, estate, divorce, and litigation-support engagements. Volume-based fee income model at $325-650 per URAR 1004 residential order plus rush and complex-property premiums. AMC panel diversification typically 6-12 AMCs to maintain volume.
- 7Advance to Certified General Appraiser at $85-140k + benefits8-12 years in seat. Commercial and non-residential authority β office, retail, industrial, multifamily 5+ units, hospitality, agricultural, special-purpose. Fee income $1,500-15,000+ per commercial appraisal order depending on complexity. Commercial specialty firms (CBRE V&A, Cushman & Wakefield V&A, JLL Valuation, Colliers Valuation, Newmark, Duff & Phelps / Kroll, Integra Realty Resources, Valbridge Property Advisors) hire Certified Generals with 3-5 years of commercial experience.
- 8Pursue the MAI or SRA designation from the Appraisal InstituteMAI (Member, Appraisal Institute) β commercial designation; requires Certified General license + Bachelor's + 4,500 hr experience (3,000 hr specialized) + Appraisal Institute coursework (~380 hr) + Comprehensive Exam + Demonstration of Knowledge Report. SRA (Senior Residential Appraiser) β residential designation; requires Certified Residential or Certified General + Bachelor's + 3,000 hr residential experience + AI coursework + Comprehensive Exam + Demonstration Report. Timeline 5-8 years from Certified. AI-GRS (General Review Specialist) and AI-RRS (Residential Review Specialist) are the review-specialty designations.
- 9Advance to senior commercial appraiser / managing appraiser / VP Valuation at $185-345k+15-25 years in seat. Managing Appraiser at CBRE V&A / Cushman V&A / JLL Valuation / Colliers Valuation / Newmark V&A / Duff & Phelps overseeing a metro or product-type practice (office, retail, industrial, multifamily, hospitality). VP or SVP Valuation Advisory owning a regional or national practice with 8-30 staff appraisers and a portfolio of institutional clients (life insurance companies, pension funds, REITs, GSEs, sovereign wealth funds). Chief Appraiser at a Fortune-500 lender (Wells Fargo Chief Appraiser, JPMorgan Chase Chief Appraiser, Bank of America Chief Appraiser) with FIRREA Title XI compliance responsibility across the enterprise.
Career Progression
- β’Inspect residential properties under supervising-appraiser oversight; log experience hours toward Certified Residential
- β’Draft URAR 1004 / 1073 (condo) / 1075 (drive-by) / 2055 (drive-by exterior) form reports in TOTAL, ClickFORMS, or ACI
- β’Pull comparable sales from MLS, CoreLogic, and county records; build sales-comparison grids with defensible adjustments
- β’Complete the 200-hour Certified Residential qualifying education while logging 1,500 supervised hours
- β’Independent authority on all 1-4 unit residential β FHA, VA, USDA, conventional, GSE, relocation, tax appeal, estate, divorce, litigation
- β’Direct engagement with 6-12 AMCs (Solidifi, Class Valuation, Clear Capital, NAN, ServiceLink, Reggora, LRES) and 3-6 direct lenders
- β’Handle Fannie Mae UAD / UCDP hard-stop revisions and reconsideration-of-value (ROV) requests
- β’Complete continuing education (28 hr biennial including 7-hr National USPAP Update)
- β’Independent authority on all property types β office, retail, industrial, multifamily 5+ units, hospitality, agricultural, special-purpose
- β’Build Argus Enterprise DCF models; pull CoStar and RCA data; support institutional client engagements (life-insurance-company lenders, REITs, pension-fund advisors)
- β’Author Appraisal Reports (formerly Summary Appraisal Reports) up to 100-300 pages with full three-approach reconciliation
- β’Pursue MAI or SRA designation from the Appraisal Institute
- β’Product-type or metro-market lead at CBRE V&A / Cushman V&A / JLL Valuation / Colliers Valuation / Newmark / Duff & Phelps / IRR / Valbridge
- β’Institutional client relationship ownership (life-insurance-company lenders, pension-fund advisors, sovereign wealth funds, REITs, GSEs)
- β’Review authority under USPAP Standard 3 on trainee and Certified Residential / Certified General staff work
- β’Author complex Appraisal Reports on trophy office, regional-mall, industrial-portfolio, hotel-portfolio, and special-purpose properties
- β’Regional or national practice ownership at CBRE V&A / Cushman V&A / JLL Valuation / Newmark / Duff & Phelps with 8-30 staff appraisers
- β’Chief Appraiser at Fortune-500 lender (Wells Fargo, JPMorgan Chase, Bank of America, US Bank, PNC, Truist) with enterprise FIRREA Title XI compliance responsibility
- β’Institutional-client executive relationships; board-level valuation-controversy testimony; expert-witness engagements
- β’Represent the firm to Appraisal Institute, IAAO, and state Appraisal Boards on standards and regulatory matters
Interview Questions & Answers
5 free questions below. Career Kit unlocks 13 total plus resume bullets for every level.
Q1. Walk me through your last complex commercial appraisal engagement.technical
Q2. How would you handle a reconsideration-of-value (ROV) request on a residential appraisal?situational
Q3. Describe your process for developing a defensible highest-and-best-use conclusion.technical
Q4. Why property appraisal rather than real estate brokerage or lending?culture
Q5. Where do you see your career in 5-10 years?closer
Resume Template β Certified Residential Appraiser (4-10 yrs)
Copy these bullets into your resume as a starting point. Career Kit includes bullets for every level of the ladder.
- βΈCertified Residential Appraiser in Colorado (state license CR40001234) covering the Denver / Boulder / Fort Collins metro; completed 348 URAR 1004 / 1073 / 2055 orders in FY24 with a 92% no-revision rate against Fannie Mae UAD / UCDP hard-stops.
- βΈActive AMC panels: Solidifi, Class Valuation, Clear Capital, Nationwide Appraisal Network, ServiceLink Valuation Solutions, Reggora, LRES; direct-lender relationships with 3 regional credit unions and 2 mortgage brokers.
- βΈAveraged 5.8 business-day turn time on residential orders against a 7-10 day AMC SLA; $2,180 gross fee income per week averaged across FY24.
- βΈAQB Certified Residential (2019) + Colorado license CR40001234 + FHA Approved Roster + VA Fee Appraiser Panel. B.A. Business Administration. 28-hr biennial CE current including 7-hr National USPAP Update.
What Gets You Rejected
- βCannot cite USPAP Standards Rules 1-3 from memory or explain the Scope of Work Rule β signals candidate has drifted from continuing-education discipline.
- βHistory of Fannie Mae UAD / UCDP hard-stop revisions above 15% of order volume β signals form-authoring and adjustment-support quality issues.
- βHistory of state Appraiser Board complaint or disciplinary action β reference-check red flag; discoverable via ASC National Registry.
- βCannot articulate the three approaches to value or when each is applicable / not applicable β signals candidate hasn't invested in the methodological foundation.
- βWeak Argus Enterprise or CoStar / RCA fluency at Certified General level β commercial appraisal is unworkable without these platforms.
- βVolume-only orientation without quality-review discipline β high volume with high-revision rate destroys AMC panel standing and lender-review credibility.
- βNo MAI or SRA designation progress after 8+ years at Certified level with career ambition beyond independent shop β the commercial-firm and Chief-Appraiser tracks require or strongly prefer the AI designation.
Salary Negotiation Levers
- βCertified General upgrade β moving from Certified Residential to Certified General adds $22-45k in salaried compensation at a commercial firm and opens the commercial fee-income tier of $1,500-15,000+ per order vs $325-650 per residential order.
- βMAI designation premium β the MAI adds $28-65k at Managing Appraiser and Senior Commercial Appraiser seats at CBRE V&A / Cushman V&A / JLL Valuation / Newmark / Duff & Phelps, and is the single most powerful lever for advancement to VP Valuation Advisory.
- βSRA designation premium β the SRA adds $12-25k at senior residential seats and is the credential for litigation-support / relocation / tax-appeal residential specialty.
- βCommercial-specialty premium β office, industrial, multifamily, and hospitality specialty stacks add 15-25% at Certified General seats at CBRE / Cushman / JLL / Newmark; hospitality and special-purpose command the largest premium.
- βMetro premium β high-cost metros (SF Bay Area, NYC, LA, Boston, Seattle, DC) pay 20-35% above US median for the same seat; suburban and rural metros discount below the median.
- βAMC panel diversification β fee-based Certified Residential Appraisers with 8-12 active AMC panels + 3-6 direct-lender relationships achieve stable $85-145k volume-driven income vs $52-75k for panel-restricted appraisers.
- βInstitutional-client roster β Senior Commercial Appraisers with life-insurance-company lender, pension-fund advisor, sovereign-wealth-fund, or REIT institutional-client relationships (MetLife Investment Management, TIAA / Nuveen, PGIM Real Estate, USAA Real Estate, Blackstone Real Estate) justify $215-345k+ fee-based or salaried compensation.
- βSign-on bonus β moves between commercial firms (CBRE V&A / Cushman V&A / JLL Valuation / Newmark / Duff & Phelps / IRR / Valbridge) routinely negotiate $15-45k sign-on to offset unvested bonus and RSU.
- βFee-share structure β commercial firms typically pay a base salary + 30-50% fee-share on assignments the appraiser signs; senior MAIs at boutique firms sometimes negotiate 55-65% fee-share.
Already a Property Appraisers and Assessors? Grow From Here
Free playbooks on what actually gets you promoted and raised β not motivational advice, the real mechanics.
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State Real Property Appraiser License/Certification Exam (Trainee, Licensed, Certified Residential, or Certified General levels) Prep Kit β $24
Before you can even apply as a property appraisers and assessors, you have to pass State Real Property Appraiser License/Certification Exam (Trainee, Licensed, Certified Residential, or Certified General levels). This kit covers the exam itself β not the job interview.
- β Full topic-area breakdown with weighting (5 areas)
- β 10 practice questions with full explanations, not just answers
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- β Self-review draft mapped to property appraisers and assessors competencies
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Property Appraisers and Assessors Salary by State
Best Cities (cost-adjusted) βSalary Map β Click a state for details
Top Paying States
| State | Median | vs. National |
|---|---|---|
| District of Columbia | $107,980 | +58.9% |
| New Jersey | $92,390 | +35.9% |
| Massachusetts | $91,750 | +35.0% |
| California | $88,900 | +30.8% |
| Connecticut | $86,050 | +26.6% |
| Washington | $83,710 | +23.2% |
| Minnesota | $83,400 | +22.7% |
| Maine | $80,930 | +19.1% |
| Alaska | $80,330 | +18.2% |
| Iowa | $80,160 | +18.0% |
Property Appraisers and Assessors Salary by Metro Area
| Metro Area | Median | vs. National |
|---|---|---|
| San Francisco-Oakland-Fremont, CA | $105,580 | +55.4% |
| Vallejo, CA | $103,510 | +52.3% |
| San Luis Obispo-Paso Robles, CA | $102,840 | +51.3% |
| San Diego-Chula Vista-Carlsbad, CA | $99,850 | +46.9% |
| Minneapolis-St. Paul-Bloomington, MN-WI | $99,800 | +46.9% |
| Trenton-Princeton, NJ | $98,950 | +45.6% |
| Seattle-Tacoma-Bellevue, WA | $98,020 | +44.2% |
| Sacramento-Roseville-Folsom, CA | $96,220 | +41.6% |
| Atlantic City-Hammonton, NJ | $96,010 | +41.3% |
| Santa Maria-Santa Barbara, CA | $95,730 | +40.9% |