Average Property Appraisers and Assessors Salary in Bloomington, IN
Property Appraisers and Assessors in Bloomington, IN earn an average annual salary of $71,910. This figure is notably below the national average of $81,850, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. While the cost of living is on par with the national average, the local salary reflects specific economic conditions within Bloomington.
Executive Summary
- Average Salary: $71,910 per year.
- Growth Trend: Salaries have shifted 67.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,280.
- Outlook: The job market for Property Appraisers and Assessors in Bloomington, IN, appears robust, indicated by a Location Quotient of 10.12, which signifies a significantly higher concentration of these roles compared to the national average. With 280 professionals in this field locally, and 3.876 jobs per 1,000 workers, there is a clear and substantial demand for these services within the Bloomington area, suggesting a stable and potentially growing job market.
Salary Overview
The average Property Appraisers and Assessors in Bloomington, IN earns-12.1%below the national average.
$34.6
$1,383
$5,993
Property Appraisers and Assessors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Property Appraisers and Assessors in Bloomington, IN, have experienced growth over the past four years, mirroring national trends. Economic shifts, increased demand for real estate services, and inflation typically drive salary increases in specialized professions, suggesting that the $71,910 average may represent an upward trajectory.
Property Appraisers and Assessors Salary Distribution in Bloomington, IN
Career progression for Property Appraisers and Assessors in Bloomington, IN, is typically marked by increasing salary potential. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command significantly higher salaries. The percentile gaps in earnings, from the 25th to the 75th percentile and beyond, clearly illustrate this salary scaling, reflecting accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,260 | $24.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,933 | $25.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,670 | $31.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,888 | $43.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $101,280 | $48.7 |
Detailed Property Appraisers and Assessors Market Analysis
Relocation Context
Nominal Salary
$71,910
Gross Pay
Real Wage (Purchasing Power)
$71,910
Adjusted for COL (100)
The nominal average salary of $71,910 in Bloomington, IN, aligns precisely with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the purchasing power of a Property Appraiser's salary in Bloomington is equivalent to the national average, offering no significant advantage or disadvantage in terms of affordability compared to the rest of the country.
Job Market Context
280
Total Jobs
3.876
Per 1K Jobs
10.12
Location Quotient
Bloomington, IN has 10.1x the national concentration of Property Appraisers and Assessors jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Bloomington, IN, exhibits a highly concentrated market for Property Appraisers and Assessors, evidenced by a Location Quotient of 10.12. This exceptionally high figure indicates that this profession is over 10 times more prevalent in Bloomington than the national average. Such a concentration suggests a specialized local economy or a strong demand for appraisal services, potentially leading to a competitive environment for new entrants but also signaling ample opportunities for experienced professionals.
Nearby Job Markets
Nearby Cities for Property Appraisers and Assessors
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Property Appraisers and Assessors Salary | $68,300↓ 5% | 47 mi |
| Northern Indiana nonmetropolitan area Property Appraisers and Assessors Salary | $52,230↓ 27% | 49 mi |
| Southern Indiana nonmetropolitan area Property Appraisers and Assessors Salary | $48,150↓ 33% | 49 mi |
| Central Indiana nonmetropolitan area Property Appraisers and Assessors Salary | $50,500↓ 30% | 49 mi |
Comparing salaries near Bloomington, IN
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Frequently Asked Questions
How much does a Property Appraisers and Assessors make in Bloomington, IN?
The median annual salary for a Property Appraisers and Assessors in Bloomington, IN is $71,910. This typically ranges from $50,260 for entry-level positions to $101,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bloomington, IN is 12.1% lower than the national median of $81,850.
Is Bloomington, IN a lucrative place for Property Appraisers and Assessors?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the $71,910 salary is below the national average of $81,850. However, the high concentration of roles suggests strong local demand.
Is Bloomington, IN a good place to live for Property Appraisers and Assessors?
The Cost of Living Index in Bloomington, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bloomington, IN?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($68,300) and Northern Indiana nonmetropolitan area.
How does Bloomington's cost of living compare nationally?
Bloomington, IN, has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is neither significantly higher nor lower than the typical U.S. city.
What does a Location Quotient of 10.12 mean for Property Appraisers?
A Location Quotient of 10.12 signifies that Property Appraisers and Assessors are more than 10 times more concentrated in Bloomington, IN, than the national average. This indicates a specialized and robust local market for this profession.
How many Property Appraisers and Assessors work in Bloomington, IN?
There are approximately 280 Property Appraisers and Assessors employed in Bloomington, IN, representing a significant presence within the local workforce.
Is the salary for Property Appraisers in Bloomington expected to increase?
While specific trends aren't provided, general economic factors like inflation and demand for real estate services typically drive salary growth for specialized roles like Property Appraisers and Assessors.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Bloomington, IN area with a job density of 3.876 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 Bloomington, IN