Average Property Appraisers and Assessors Salary in New York
Property Appraisers and Assessors in New York earn an impressive average annual salary of $88,170, surpassing the national average of $81,850. This elevated compensation is largely driven by the state's dynamic real estate market and the inherent complexities of property valuation within its diverse economic landscape. The demand for skilled professionals capable of accurately assessing property values contributes significantly to this higher pay scale.
Executive Summary
- Average Salary: $88,170 per year.
- Growth Trend: Salaries have shifted 31.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $132,900.
- Outlook: With a local workforce of 3,280 Property Appraisers and Assessors, New York demonstrates a substantial presence in this field. The Location Quotient of 0.9 suggests a concentration that is nearly on par with the national average, indicating a stable and established job market. The presence of 0.344 jobs per 1,000 workers further underscores a consistent demand for these professionals within the state.
Salary Overview
The average Property Appraisers and Assessors in New York earns+7.7%above the national average.
$42.4
$1,696
$7,348
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 New York have experienced steady growth over the past four years. Economic fluctuations, evolving real estate regulations, and increased demand for accurate property valuations typically contribute to upward salary trends in specialized professional roles within robust state economies.
Property Appraisers and Assessors Salary Distribution in New York
Career progression for Property Appraisers and Assessors in New York is typically marked by a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command salaries well above the average. The percentile gaps in salary distribution clearly signify the substantial rewards associated with advancing through the ranks and accumulating expertise in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,130 | $24.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,128 | $31.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,690 | $37.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $110,213 | $53 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $132,900 | $63.9 |
Detailed Property Appraisers and Assessors Market Analysis
Relocation Context
Nominal Salary
$88,170
Gross Pay
Real Wage (Purchasing Power)
$70,480
Adjusted for COL (125.1)
While the nominal salary of $88,170 in New York appears attractive, it must be considered alongside the state's Cost of Living Index of 125.1. This index indicates that the cost of living is approximately 25.1% higher than the national average. Therefore, the purchasing power of an $88,170 salary in New York is somewhat diminished compared to what it would be in a more affordable region, requiring careful financial planning for residents.
Job Market Context
3,280
Total Jobs
0.344
Per 1K Jobs
0.9
Location Quotient
New York has 0.90x 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 0.9 for Property Appraisers and Assessors in New York suggests that the concentration of these professionals is slightly below the national average. This indicates that while the field is well-represented, it is not disproportionately concentrated compared to other professions. The market is neither oversaturated nor exceptionally scarce, implying a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Property Appraisers and Assessors
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Property Appraisers and Assessors Salary | $74,250↓ 16% | 49 mi |
| Kingston, NY Property Appraisers and Assessors Salary | $67,140↓ 24% | 51 mi |
| Scranton--Wilkes-Barre, PA Property Appraisers and Assessors Salary | $48,220↓ 45% | 64 mi |
| Utica-Rome, NY Property Appraisers and Assessors Salary | $76,750↓ 13% | 66 mi |
| Albany-Schenectady-Troy, NY Property Appraisers and Assessors Salary | $77,670↓ 12% | 68 mi |
Comparing salaries near New York
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Frequently Asked Questions
How much does a Property Appraisers and Assessors make in New York?
The median annual salary for a Property Appraisers and Assessors in New York is $88,170. This typically ranges from $50,130 for entry-level positions to $132,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 7.7% higher than the national median of $81,850.
Is New York a lucrative place for Property Appraisers and Assessors?
Yes, New York offers a lucrative environment for Property Appraisers and Assessors.The average salary of $88,170 significantly exceeds the national average, reflecting strong demand and the complexities of the state's real estate market.
Is New York a good place to live for Property Appraisers and Assessors?
The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York?
Some top paying nearby cities include Binghamton, NY ($74,250) and Kingston, NY.
How does New York's salary compare to the national average for this role?
Property Appraisers and Assessors in New York earn an average of $88,170 annually, which is higher than the national average of $81,850.
What is the concentration of Property Appraisers and Assessors in New York?
New York has a Location Quotient of 0.9 for this profession, meaning the concentration is slightly below the national average, indicating a stable job market.
How does the cost of living affect the salary in New York?
With a Cost of Living Index of 125.1, New York is significantly more expensive than the national average, meaning the $88,170 salary has less purchasing power than in lower-cost areas.
What is the total number of Property Appraisers and Assessors in New York?
There are approximately 3,280 Property Appraisers and Assessors employed in New York State.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,280 employees in the New York area with a job density of 0.344 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 New York