Average Property Appraisers and Assessors Salary in Baltimore-Columbia-Towson, MD
Property Appraisers and Assessors in the Baltimore-Columbia-Towson, MD area earn an average annual salary of $78,310. This figure is slightly below the national average of $81,850, suggesting localized market dynamics and demand influence compensation in this region. Factors such as the specific economic conditions and the concentration of related industries within the Baltimore metropolitan area contribute to this pay differential.
Executive Summary
- Average Salary: $78,310 per year.
- Growth Trend: Salaries have shifted 66.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $110,200.
- Outlook: The job market for Property Appraisers and Assessors in Baltimore-Columbia-Towson, MD, while not exhibiting an oversupply (Location Quotient of 0.49), shows a stable presence with a total local workforce of 250 individuals. The concentration suggests a moderate but consistent demand for these specialized roles within the region, indicating a healthy, albeit not booming, job market.
Salary Overview
The average Property Appraisers and Assessors in Baltimore-Columbia-Towson, MD earns-4.3%below the national average.
$37.7
$1,506
$6,526
Property Appraisers and Assessors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Property Appraisers and Assessors have seen a steady upward trend over the past four years, mirroring national economic growth and increasing demand for real estate valuation services. This growth is likely driven by evolving market conditions and the need for accurate property assessments.
Property Appraisers and Assessors Salary Distribution in Baltimore-Columbia-Towson, MD
Career progression for Property Appraisers and Assessors typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries well above the average, often reaching the higher percentiles. These percentile gaps clearly signify the value placed on experience and specialized knowledge in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,230 | $25.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,733 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,230 | $36.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,888 | $47.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $110,200 | $53 |
Detailed Property Appraisers and Assessors Market Analysis
Relocation Context
Nominal Salary
$78,310
Gross Pay
Real Wage (Purchasing Power)
$78,310
Adjusted for COL (100)
With a Cost of Living Index of 100, the Baltimore-Columbia-Towson, MD area is at the national average for expenses. Therefore, the nominal salary of $78,310 for Property Appraisers and Assessors holds its purchasing power directly in line with the national median, meaning that the take-home pay provides a comparable standard of living to the average American.
Job Market Context
250
Total Jobs
0.188
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Baltimore-Columbia-Towson, MD has a notably lower concentration of Property Appraisers and Assessors jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.49 indicates that Property Appraisers and Assessors are less concentrated in the Baltimore-Columbia-Towson, MD area compared to the national average. This suggests that while the profession is present, it is not a dominant industry, potentially leading to a more competitive job market for new entrants but also indicating opportunities for skilled professionals to stand out.
Nearby Job Markets
Nearby Cities for Property Appraisers and Assessors
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Property Appraisers and Assessors Salary | $71,700↓ 8% | 19 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Property Appraisers and Assessors Salary | $84,430↑ 8% | 35 mi |
| York-Hanover, PA Property Appraisers and Assessors Salary | $54,570↓ 30% | 47 mi |
| Lancaster, PA Property Appraisers and Assessors Salary | $57,520↓ 27% | 55 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
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Frequently Asked Questions
How much does a Property Appraisers and Assessors make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Property Appraisers and Assessors in Baltimore-Columbia-Towson, MD is $78,310. This typically ranges from $52,230 for entry-level positions to $110,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 4.3% lower than the national median of $81,850.
Is Baltimore-Columbia-Towson, MD a lucrative place for Property Appraisers and Assessorss?
No, it is slightly below the national average.The average salary of $78,310 is below the national average of $81,850, indicating it is not currently the most lucrative location. However, the cost of living is on par with the national average, making the salary's purchasing power comparable.
Is Baltimore-Columbia-Towson, MD a good place to live for Property Appraisers and Assessors?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Maryland nonmetropolitan area ($71,700) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
What is the average salary for a Property Appraiser in Baltimore-Columbia-Towson, MD?
The average annual salary for a Property Appraiser and Assessor in Baltimore-Columbia-Towson, MD is $78,310.
How does the Baltimore-Columbia-Towson, MD salary compare to the national average?
The average salary in Baltimore-Columbia-Towson, MD ($78,310) is slightly lower than the national average ($81,850).
What is the Cost of Living Index in Baltimore-Columbia-Towson, MD?
The Cost of Living Index for Baltimore-Columbia-Towson, MD is 100, which is the national average.
How concentrated are Property Appraisers and Assessors in this region?
The concentration, measured by the Location Quotient, is 0.49, indicating a lower presence of these professionals compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Baltimore-Columbia-Towson, MD area with a job density of 0.188 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Property Appraisers and Assessors • Data source: BLS OEWS 2024 •Jobs in Baltimore-Columbia-Towson, MD