Average Property Appraisers and Assessors Salary in Boston-Cambridge-Newton, MA-NH
Property Appraisers and Assessors in the Boston-Cambridge-Newton, MA-NH area earn an impressive average annual salary of $95,820, significantly exceeding the national average of $81,850. This elevated compensation is likely driven by the region's dynamic real estate market and the specialized expertise required to navigate its complex property valuations.
Executive Summary
- Average Salary: $95,820 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,200.
- Outlook: With a local workforce of 680 professionals, the Property Appraiser and Assessor job market in Boston-Cambridge-Newton, MA-NH demonstrates a moderate concentration, indicated by a Location Quotient of 0.65. While not as densely populated with these specialists as the national average, the presence of a substantial workforce suggests consistent demand for their services within this major metropolitan area.
Salary Overview
The average Property Appraisers and Assessors in Boston-Cambridge-Newton, MA-NH earns+17.1%above the national average.
$46.1
$1,843
$7,985
Property Appraisers and Assessors Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Property Appraisers and Assessors in the Boston-Cambridge-Newton, MA-NH region have experienced steady growth over the past four years. This trend would typically align with broader economic factors, including inflation, increased demand for property valuation services, and the evolving complexity of real estate transactions.
Property Appraisers and Assessors Salary Distribution in Boston-Cambridge-Newton, MA-NH
Career progression for Property Appraisers and Assessors typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized certifications can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects the accumulation of expertise, market knowledge, and a proven track record in valuation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $56,700 | $27.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,865 | $34.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $95,560 | $45.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $119,775 | $57.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,200 | $66 |
Detailed Property Appraisers and Assessors Market Analysis
Relocation Context
Nominal Salary
$95,820
Gross Pay
Real Wage (Purchasing Power)
$95,820
Adjusted for COL (100)
The nominal average salary of $95,820 in Boston-Cambridge-Newton, MA-NH is perfectly aligned with the national average cost of living index of 100. This means that while the gross salary is higher than the national average, the purchasing power of that salary is comparable to the national standard, indicating that the increased earnings are offset by the local cost of living.
Job Market Context
680
Total Jobs
0.25
Per 1K Jobs
0.65
Location Quotient
Boston-Cambridge-Newton, MA-NH has 0.65x the national average concentration of Property Appraisers and Assessors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.65 suggests that Property Appraisers and Assessors are less concentrated in the Boston-Cambridge-Newton, MA-NH area compared to the national average. This indicates a less competitive market in terms of the sheer number of professionals relative to the overall workforce, potentially offering more opportunities for skilled individuals entering or advancing in the field.
Nearby Job Markets
Nearby Cities for Property Appraisers and Assessors
| City | Salary | Dist. |
|---|---|---|
| Massachusetts nonmetropolitan area Property Appraisers and Assessors Salary | $68,310↓ 29% | 24 mi |
| Worcester, MA Property Appraisers and Assessors Salary | $81,340↓ 15% | 37 mi |
| Providence-Warwick, RI-MA Property Appraisers and Assessors Salary | $87,080↓ 9% | 38 mi |
| Manchester-Nashua, NH Property Appraisers and Assessors Salary | $76,790↓ 20% | 50 mi |
| Barnstable Town, MA Property Appraisers and Assessors Salary | $84,670↓ 12% | 59 mi |
Comparing salaries near Boston-Cambridge-Newton, MA-NH
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Frequently Asked Questions
How much does a Property Appraisers and Assessors make in Boston-Cambridge-Newton, MA-NH?
The median annual salary for a Property Appraisers and Assessors in Boston-Cambridge-Newton, MA-NH is $95,820. This typically ranges from $56,700 for entry-level positions to $137,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Boston-Cambridge-Newton, MA-NH is 17.1% higher than the national median of $81,850.
Is Boston-Cambridge-Newton, MA-NH a lucrative place for Property Appraisers and Assessorss?
Yes, with comparable purchasing power.Property Appraisers and Assessors earn a higher average salary of $95,820 compared to the national average. However, the local cost of living is also at the national average, meaning the increased salary offers standard purchasing power.
Is Boston-Cambridge-Newton, MA-NH a good place to live for Property Appraisers and Assessors?
The Cost of Living Index in Boston-Cambridge-Newton, MA-NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Boston-Cambridge-Newton, MA-NH?
Some top paying nearby cities include Massachusetts nonmetropolitan area ($68,310) and Worcester, MA.
How does the Boston-Cambridge-Newton, MA-NH salary compare to the national average?
The average annual salary for Property Appraisers and Assessors in Boston-Cambridge-Newton, MA-NH is $95,820, which is notably higher than the national average of $81,850.
What is the concentration of Property Appraisers and Assessors in this region?
The concentration, measured by the Location Quotient, is 0.65, indicating that Property Appraisers and Assessors are less prevalent in this region compared to the national average.
Does the cost of living affect the value of the salary in Boston?
The cost of living index in Boston-Cambridge-Newton, MA-NH is 100, which is the national average. Therefore, the higher nominal salary of $95,820 provides purchasing power equivalent to the national average.
How many Property Appraisers and Assessors work in the Boston-Cambridge-Newton, MA-NH area?
There are approximately 680 Property Appraisers and Assessors employed in the Boston-Cambridge-Newton, MA-NH metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Boston-Cambridge-Newton, MA-NH area with a job density of 0.25 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 Boston-Cambridge-Newton, MA-NH