Average Property Appraisers and Assessors Salary in North Carolina
Property Appraisers and Assessors in North Carolina earn an average annual salary of $65,550. This figure is notably below the national average of $81,850, suggesting that regional economic factors and market demand play a significant role in compensation within the state. The specific economic landscape and the concentration of related industries in North Carolina likely influence this pay differential.
Executive Summary
- Average Salary: $65,550 per year.
- Growth Trend: Salaries have shifted 1.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,310.
- Outlook: With a local workforce of 2,220 Property Appraisers and Assessors, North Carolina demonstrates a substantial presence in this field. The Location Quotient of 1.19 indicates a concentration of these professionals that is slightly higher than the national average, suggesting a stable and potentially growing demand for their expertise within the state's economy.
Salary Overview
The average Property Appraisers and Assessors in North Carolina earns-19.9%below the national average.
$31.5
$1,261
$5,463
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 North Carolina have experienced growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is often driven by increasing property values, evolving assessment methodologies, and a consistent need for accurate property valuations across the state.
Property Appraisers and Assessors Salary Distribution in North Carolina
Career progression for Property Appraisers and Assessors in North Carolina typically involves a significant salary increase from entry-level to senior positions. As professionals gain experience, develop specialized skills, and take on more complex valuation tasks, their earning potential expands considerably. The percentile gaps in salary distribution highlight these opportunities for advancement and increased compensation throughout a career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,850 | $17.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $49,163 | $23.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $56,950 | $27.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $81,938 | $39.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,310 | $51.6 |
Detailed Property Appraisers and Assessors Market Analysis
Relocation Context
Nominal Salary
$65,550
Gross Pay
Real Wage (Purchasing Power)
$69,073
Adjusted for COL (94.9)
The average annual salary of $65,550 in North Carolina aligns favorably with its Cost of Living Index of 94.9. This index, being slightly below the national average of 100, suggests that the nominal salary offers a reasonable purchasing power for residents. While lower than the national average salary, the cost-effective living environment can help offset the difference, making the effective income potentially more competitive.
Job Market Context
2,220
Total Jobs
0.454
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, North Carolina has a slightly higher-than-average concentration of Property Appraisers and Assessors roles compared to the national norm.
North Carolina's Location Quotient of 1.19 signifies a job market where Property Appraisers and Assessors are more concentrated than the national average. This suggests a robust and active market for these professionals, potentially indicating a higher demand relative to the national landscape and a competitive environment for both employers seeking talent and individuals seeking employment.
Nearby Job Markets
Nearby Cities for Property Appraisers and Assessors
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Property Appraisers and Assessors Salary | $67,560↑ 3% | 32 mi |
| Winston-Salem, NC Property Appraisers and Assessors Salary | $58,820↓ 10% | 41 mi |
| Durham-Chapel Hill, NC Property Appraisers and Assessors Salary | $65,770↑ 0% | 56 mi |
Comparing salaries near North Carolina
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Frequently Asked Questions
How much does a Property Appraisers and Assessors make in North Carolina?
The median annual salary for a Property Appraisers and Assessors in North Carolina is $65,550. This typically ranges from $36,850 for entry-level positions to $107,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Carolina is 19.9% lower than the national median of $81,850.
Is North Carolina a lucrative place for Property Appraisers and Assessors?
Moderately so, with a cost of living advantage.While the average salary of $65,550 is below the national average, North Carolina's cost of living index of 94.9 suggests that the nominal salary offers good purchasing power. The slightly higher concentration of professionals (LQ 1.19) indicates a healthy market.
Is North Carolina a good place to live for Property Appraisers and Assessors?
With a Cost of Living Index of 94.9 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near North Carolina?
Some top paying nearby cities include Greensboro-High Point, NC ($67,560) and Winston-Salem, NC.
What is the average salary for a Property Appraiser in North Carolina?
The average annual salary for a Property Appraiser and Assessor in North Carolina is $65,550.
How does North Carolina's salary for this role compare to the national average?
The average salary in North Carolina ($65,550) is lower than the national average of $81,850.
Is the job market for Property Appraisers strong in North Carolina?
Yes, the Location Quotient of 1.19 indicates a slightly higher concentration of these professionals than the national average, suggesting a robust market.
How does the cost of living in North Carolina affect the salary?
North Carolina's cost of living index is 94.9, which is below the national average. This means the $65,550 salary may offer better purchasing power than it would in a higher cost-of-living area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,220 employees in the North Carolina area with a job density of 0.454 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 North Carolina