The median annual wage for appraisers and assessors of real estate was $51,860 in May 2015.
The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $27,040, and the highest 10 percent earned more than $97,080.
In May 2015, the median annual wages for appraisers and assessors of real estate in the top industries in which they worked were as follows:
Depository credit intermediation
Activities related to real estate
Local government, excluding education and hospitals
Earnings for independent fee appraisers can vary significantly because they are paid fees on the basis of each appraisal.
Appraisers and assessors of real estate typically work full time during regular business hours. However, self-employed appraisers, often called independent fee appraisers, usually work more than 40 hours per week, because they often write reports during evenings and on weekends.
Appraisers and Assessors of Real Estate
Median annual wages, May 2015
Appraisers and assessors of real estate
Total, all occupations
Note: All Occupations includes all occupations in the U.S. Economy. Source: U.S. Bureau of Labor Statistics, Occupational Employment Statistics