SalaryNode

Average Property Appraisers and Assessors Salary in Indiana

Property Appraisers and Assessors in Indiana earn an average annual salary of $62,280, which is notably below the national average of $81,850. This disparity is often influenced by a combination of regional economic factors, the specific demand for appraisal services within the state, and the overall cost of living, which can affect compensation benchmarks.

Executive Summary

  • Average Salary: $62,280 per year.
  • Growth Trend: Salaries have shifted 33.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $93,280.
  • Outlook: Indiana's property appraisal sector demonstrates a solid presence with a total local workforce of 2,020 professionals. The Location Quotient of 1.65 indicates a concentration of these roles significantly above the national average, suggesting a robust and established market for property appraisers and assessors within the state.
2024 Market Data

Salary Overview

$62,280

The average Property Appraisers and Assessors in Indiana earns-23.9%below the national average.

BreakdownBased on 40h/week
Hourly

$29.9

Weekly

$1,198

Monthly

$5,190

Property Appraisers and Assessors Salary Distribution in Indiana

Career progression for Property Appraisers and Assessors in Indiana typically correlates with increased salary. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,810$18.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$46,710$22.5
ManagerOversees team, compliance, and project delivery.50% (Median)$61,010$29.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$77,850$37.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$93,280$44.8

Detailed Property Appraisers and Assessors Market Analysis

Relocation Context

Nominal Salary

$62,280

Gross Pay

Real Wage (Purchasing Power)

$69,200

Adjusted for COL (90)

The average annual salary of $62,280 in Indiana presents a favorable financial situation when considering the local Cost of Living Index of 90. This means that the nominal income earned by property appraisers in Indiana holds greater purchasing power than the national average, as everyday expenses are approximately 10% lower than the national benchmark.

Job Market Context

2,020

Total Jobs

0.633

Per 1K Jobs

1.65

Location Quotient

Major Hub

Indiana has 1.6x 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.

With a Location Quotient of 1.65, Indiana exhibits a higher concentration of Property Appraisers and Assessors compared to the national average. This suggests a more abundant job market for these professionals within the state, potentially leading to increased competition for roles but also indicating a strong demand and established industry presence.

Nearby Job Markets

Nearby Cities for Property Appraisers and Assessors

CitySalaryDist.
Indianapolis-Carmel-Greenwood, IN Property Appraisers and Assessors Salary$68,300↑ 10%8 mi
Bloomington, IN Property Appraisers and Assessors Salary$71,910↑ 15%49 mi
Lafayette-West Lafayette, IN Property Appraisers and Assessors Salary$58,000↓ 7%50 mi

Comparing salaries near Indiana

Hiring Property Appraisers and Assessorss?

Frequently Asked Questions

How much does a Property Appraisers and Assessors make in Indiana?

The median annual salary for a Property Appraisers and Assessors in Indiana is $62,280. This typically ranges from $37,810 for entry-level positions to $93,280 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indiana is 23.9% lower than the national median of $81,850.

Is Indiana a lucrative place for Property Appraisers and Assessors?

Yes, especially considering the cost of living.While the nominal salary is below the national average, Indiana's lower cost of living means your earnings stretch further. The strong concentration of these roles also indicates a healthy job market.

Is Indiana a good place to live for Property Appraisers and Assessors?

With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Indiana?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($68,300) and Bloomington, IN.

How does Indiana's property appraiser salary compare to the national average?

The average annual salary for Property Appraisers and Assessors in Indiana is $62,280, which is approximately $19,570 less than the national average of $81,850.

What is the concentration of Property Appraisers and Assessors in Indiana?

Indiana has a Location Quotient of 1.65 for Property Appraisers and Assessors, meaning the concentration of these jobs is 65% higher than the national average.

How does the cost of living in Indiana affect salary perception?

Indiana's Cost of Living Index is 90, which is 10% lower than the national average. This makes the $62,280 salary more valuable in terms of purchasing power.

What is the total number of Property Appraisers and Assessors in Indiana?

There are approximately 2,020 Property Appraisers and Assessors employed in Indiana.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,020 employees in the Indiana area with a job density of 0.633 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Property Appraisers and Assessors • Data source: BLS OEWS 2024 •Jobs in Indiana