Personal/Business Property Appraiser

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AVG. SALARY

$70,410

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

Money & Outlook

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North Dakota Earnings

Average Annual Wage

$70,410

Entry Annual Wage

$24,700

Experienced Annual Wage

$110,500

Average Hourly Wage

$33.85

Entry Hourly Wage

$11.88

Experienced Hourly Wage

$53.12

Median Hourly Wage

$29.97

North Dakota Regional Earnings

North Dakota Metropolitan Areas Wages

Region Average Entry Level Experienced
Bismarck MSA $76,390 or $36.72/hr $47,620 or $22.89/hr $122,740 or $59.01/hr
Fargo ND-MN MSA $82,460 or $39.65/hr $24,700 or $11.88/hr $141,470 or $68.02/hr

North Dakota Geographical Areas Wages

Region Average Entry Level Experienced
East North Dakota nonmetropolitan area $60,330 or $29.01/hr $50,470 or $24.27/hr $80,500 or $38.70/hr
West North Dakota nonmetropolitan area $61,970 or $29.80/hr $23,010 or $11.06/hr $95,700 or $46.01/hr

North Dakota's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 5%
Job Openings 15 estimated annual job openings
Employment 188 were employed in this occupation

North Dakota's Regional Employment and Outlook

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 1 18 11% 2 2
Region 2 22 5% 2 2
Region 4 19 5% 2 2
Region 5 57 14% 1 5 6
Region 7 42 10% 4 4
Region 8 10 0%

National Earnings

The earnings information below is for the occupational group Property Appraisers and Assessors. The occupation Personal/Business Property Appraiser is part of this group.

Average Annual Wage

$77,160

Average Hourly Wage

$37.10

Average Annual Range

$38,480 to $122,760

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook stable
  The employment change from 2023 to 2033 is estimated to be +4%.
(The National average for all occupations is +4%)
Job Openings very small number
  Less than 1000 average annual openings are expected for this occupation between 2023 and 2033.
(The National Average for all occupations is 1,724 openings)
Employment small occupation
  This was a small occupation in the United States, employing 83,900 workers in 2023.
(The National average for all occupations is 150,944 workers)
Growth Average growth
  Demand for appraisal services is linked to the real estate market, which may fluctuate in the short term. Over the projections decade, employment growth will be driven by economic expansion; the need for business valuations; and general demand for residential, personal, and other properties. Productivity may rise with greater use of mobile technology and automated valuation models, which enable workers to appraise and assess properties more efficiently. 
Self-Employment In 2023, 23.7% of the people in this occupation were self-employed.
Industries Large concentrations of this occupation are found in these industries
  • Local government, excluding education and hospitals (33%)
  • Real estate and rental and leasing (NAICS530000) (24%)
  • Real estate (NAICS531000) (23.9%)
  • Self-employed workers (23.7%)
  • Finance and insurance (NAICS520000) (7%)