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Summary Report for:
13-2022.00 - Appraisers of Personal and Business Property

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

This title represents an occupation for which data collection is currently underway.

Tasks  |  Detailed Work Activities  |  Job Zone  |  Credentials  |  Wages & Employment  |  Job Openings  |  Additional Information

Tasks

  • Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams. See more occupations related to this task.
  • Create and maintain a database of completed appraisals. See more occupations related to this task.
  • Determine the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner. See more occupations related to this task.
  • Document physical characteristics of property such as measurements, quality, and design. See more occupations related to this task.
  • Forecast the value of property. See more occupations related to this task.
  • Inspect personal or business property. See more occupations related to this task.
  • Locate and record data on sales of comparable property using specialized software, internet searches, or personal records. See more occupations related to this task.
  • Recommend loan amounts based on the value of property being used as collateral. See more occupations related to this task.
  • Take photographs of property. See more occupations related to this task.
  • Testify in court as to the value of a piece of tangible property. See more occupations related to this task.
  • Update appraisals when property has been improved, damaged, or has otherwise changed. See more occupations related to this task.
  • Verify that property matches legal descriptions or certifications. See more occupations related to this task.
  • Write and submit appraisal reports for property, such as jewelry, art, antiques, collectibles, and equipment. See more occupations related to this task.
  • Write descriptions of the property being appraised. See more occupations related to this task.

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Detailed Work Activities

  • Appraise property values. See more occupations related to this activity.
  • Write reports or evaluations. See more occupations related to this activity.
  • Compile data or documentation. See more occupations related to this activity.
  • Create databases to store electronic data. See more occupations related to this activity.
  • Determine operational procedures. See more occupations related to this activity.
  • Enter information into databases or software programs. See more occupations related to this activity.
  • Forecast economic, political, or social trends. See more occupations related to this activity.
  • Gather information in order to provide services to clients. See more occupations related to this activity.
  • Implement financial decisions. See more occupations related to this activity.
  • Inspect items for damage or defects. See more occupations related to this activity.
  • Maintain data in information systems or databases. See more occupations related to this activity.
  • Record images needed to address work issues. See more occupations related to this activity.
  • Testify at legal or legislative proceedings. See more occupations related to this activity.
  • Update computer database information. See more occupations related to this activity.
  • Verify information or specifications. See more occupations related to this activity.
  • Write informational material. See more occupations related to this activity.

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Job Zone

Title Job Zone Four: Considerable Preparation Needed
Education Most of these occupations require a four-year bachelor's degree, but some do not.
Related 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.
Job Training Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
Job Zone Examples Many of these occupations involve coordinating, supervising, managing, or training others. Examples include real estate brokers, sales managers, database administrators, graphic designers, chemists, art directors, and cost estimators.
SVP Range (7.0 to < 8.0)

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Credentials

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Wages & Employment Trends

Median wage data for Property Appraisers and Assessors.
Employment data for Property Appraisers and Assessors.
Industry data for Property Appraisers and Assessors.

Median wages (2020) $28.20 hourly, $58,650 annual
State wages
Local wages
 
Employment (2020) 78,700 employees
Projected growth (2020-2030) Slower than average (1% to 5%) Slower than average (1% to 5%)
Projected job openings (2020-2030) 6,300
State trends
 
Top industries (2020)

Source: Bureau of Labor Statistics 2020 wage data external site and 2020-2030 employment projections external site. "Projected growth" represents the estimated change in total employment over the projections period (2020-2030). "Projected job openings" represent openings due to growth and replacement.

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Job Openings on the Web

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Sources of Additional Information

Disclaimer: Sources are listed to provide additional information on related jobs, specialties, and/or industries. Links to non-DOL Internet sites are provided for your convenience and do not constitute an endorsement.

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