Average Property Appraisers and Assessors Salary in Bridgeport-Stamford-Danbury, CT
Property Appraisers and Assessors in the Bridgeport-Stamford-Danbury, CT area command an impressive average annual salary of $108,120. This figure significantly surpasses the national average of $81,850, indicating a strong local demand and potentially higher valuation complexities within this dynamic Connecticut region. The specialized nature of property valuation, coupled with regional economic factors, likely contributes to this elevated compensation.
Executive Summary
- Average Salary: $108,120 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $172,160.
- Outlook: The local job market for Property Appraisers and Assessors in Bridgeport-Stamford-Danbury, CT, appears robust, characterized by a concentrated workforce of 220 professionals. A Location Quotient of 1.44 suggests that this profession is more concentrated here than the national average, implying a sustained demand for these specialized skills within the region's economy.
Salary Overview
The average Property Appraisers and Assessors in Bridgeport-Stamford-Danbury, CT earns+32.1%above the national average.
$52
$2,079
$9,010
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 Bridgeport-Stamford-Danbury, CT, have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing property values, evolving assessment methodologies, and the general economic climate likely contribute to a positive salary trajectory for professionals in this field.
Property Appraisers and Assessors Salary Distribution in Bridgeport-Stamford-Danbury, CT
Career progression for Property Appraisers and Assessors typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, develop specialized skills, and take on more complex valuations, their earning potential escalates considerably. The gap between entry-level and senior roles, often reflected in salary percentiles, signifies substantial opportunities for career advancement and increased compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $68,520 | $32.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $81,090 | $39 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,320 | $47.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $135,150 | $65 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $172,160 | $82.8 |
Detailed Property Appraisers and Assessors Market Analysis
Relocation Context
Nominal Salary
$108,120
Gross Pay
Real Wage (Purchasing Power)
$108,120
Adjusted for COL (100)
The nominal average salary of $108,120 in Bridgeport-Stamford-Danbury, CT, is particularly attractive when considered against the local Cost of Living Index of 100, which is precisely the national average. This means that the higher earnings translate directly into purchasing power equivalent to the national standard, making the region financially appealing for professionals in this role.
Job Market Context
220
Total Jobs
0.553
Per 1K Jobs
1.44
Location Quotient
With a location quotient of 1.44, Bridgeport-Stamford-Danbury, CT has a slightly higher-than-average concentration of Property Appraisers and Assessors roles compared to the national norm.
With a Location Quotient of 1.44, the Bridgeport-Stamford-Danbury, CT, area demonstrates a higher concentration of Property Appraisers and Assessors compared to the national average. This suggests a specialized and potentially competitive market where demand for these skills is notably elevated, offering professionals a favorable environment for employment and career growth.
Nearby Job Markets
Nearby Cities for Property Appraisers and Assessors
| City | Salary | Dist. |
|---|---|---|
| New Haven, CT Property Appraisers and Assessors Salary | $87,800↓ 19% | 16 mi |
| Waterbury-Shelton, CT Property Appraisers and Assessors Salary | $83,890↓ 22% | 27 mi |
| Connecticut nonmetropolitan area Property Appraisers and Assessors Salary | $79,380↓ 27% | 36 mi |
| Hartford-West Hartford-East Hartford, CT Property Appraisers and Assessors Salary | $92,060↓ 15% | 48 mi |
| Kiryas Joel-Poughkeepsie-Newburgh, NY Property Appraisers and Assessors Salary | $81,970↓ 24% | 51 mi |
Comparing salaries near Bridgeport-Stamford-Danbury, CT
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Frequently Asked Questions
How much does a Property Appraisers and Assessors make in Bridgeport-Stamford-Danbury, CT?
The median annual salary for a Property Appraisers and Assessors in Bridgeport-Stamford-Danbury, CT is $108,120. This typically ranges from $68,520 for entry-level positions to $172,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bridgeport-Stamford-Danbury, CT is 32.1% higher than the national median of $81,850.
Is Bridgeport-Stamford-Danbury, CT a lucrative place for Property Appraisers and Assessors?
Yes, it is a highly lucrative location.Property Appraisers and Assessors earn significantly above the national average salary, and the cost of living is on par with the national average, maximizing earning potential.
Is Bridgeport-Stamford-Danbury, CT a good place to live for Property Appraisers and Assessors?
The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bridgeport-Stamford-Danbury, CT?
Some top paying nearby cities include New Haven, CT ($87,800) and Waterbury-Shelton, CT.
How does the Bridgeport-Stamford-Danbury, CT salary compare to the national average?
The average annual salary of $108,120 in Bridgeport-Stamford-Danbury, CT, is substantially higher than the national average of $81,850, representing a significant premium for professionals in this region.
What is the concentration of Property Appraisers and Assessors in this area?
The Location Quotient of 1.44 indicates that Property Appraisers and Assessors are 44% more concentrated in Bridgeport-Stamford-Danbury, CT, than the national average, suggesting strong local demand.
How does the cost of living affect the salary in Bridgeport-Stamford-Danbury, CT?
The cost of living in Bridgeport-Stamford-Danbury, CT, is exactly at the national average (100). This means the higher average salary of $108,120 offers excellent purchasing power for residents.
What does the total local workforce number suggest?
A total local workforce of 220 Property Appraisers and Assessors indicates a substantial, established professional community within the Bridgeport-Stamford-Danbury, CT area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Bridgeport-Stamford-Danbury, CT area with a job density of 0.553 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 Bridgeport-Stamford-Danbury, CT