Appraisers of Personal and Business Property
13-2022.00

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

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

Occupation-Specific Information

Tasks

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

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Occupational Requirements

Detailed Work Activities

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Experience Requirements

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
2-4 years of preparation (7.0 to < 8.0)

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Training & Credentials

State training
Local training
Certifications
Apprenticeships
Have a career path or location in mind? Visit Apprenticeship.gov external site to find apprenticeship opportunities near you.

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Workforce Characteristics

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 (2021)
$29.49 hourly, $61,340 annual
State wages
Local wages
Employment (2020)
78,700 employees
Projected growth (2020-2030)
Slower than average (1% to 5%)
Projected job openings (2020-2030)
6,300
State trends
Top industries (2020)

Source: Bureau of Labor Statistics 2021 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

State job openings
Local job openings

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More Information

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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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