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Average Property Appraisers and Assessors Salary in North Region of Texas nonmetropolitan area

Property Appraisers and Assessors in the North Region of Texas nonmetropolitan area earn an average annual salary of $62,620. This figure is notably lower than the national average of $81,850, suggesting regional economic factors and a different market dynamic influence compensation in this specific area. The localized demand and supply for these specialized roles play a significant part in shaping the pay scale.

Executive Summary

  • Average Salary: $62,620 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $101,130.
  • Outlook: The North Region of Texas nonmetropolitan area supports a concentrated workforce of 390 Property Appraisers and Assessors. With a Location Quotient of 3.76, this region exhibits a significantly higher concentration of these professionals compared to the national average, indicating robust local demand and a specialized job market that values their expertise.
2024 Market Data

Salary Overview

$62,620

The average Property Appraisers and Assessors in North Region of Texas nonmetropolitan area earns-23.5%below the national average.

BreakdownBased on 40h/week
Hourly

$30.1

Weekly

$1,204

Monthly

$5,218

Property Appraisers and Assessors Salary Distribution in North Region of Texas nonmetropolitan area

Career progression for Property Appraisers and Assessors typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized knowledge can command salaries in the higher percentiles, reflecting their increased value and expertise in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,610$18.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$46,965$22.6
ManagerOversees team, compliance, and project delivery.50% (Median)$49,260$23.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$78,275$37.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$101,130$48.6

Detailed Property Appraisers and Assessors Market Analysis

Relocation Context

Nominal Salary

$62,620

Gross Pay

Real Wage (Purchasing Power)

$62,620

Adjusted for COL (100)

The nominal average salary of $62,620 in the North Region of Texas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services in the region.

Job Market Context

390

Total Jobs

1.442

Per 1K Jobs

3.76

Location Quotient

Major Hub

North Region of Texas nonmetropolitan area has 3.8x 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.

A Location Quotient of 3.76 signifies that Property Appraisers and Assessors are significantly more concentrated in the North Region of Texas nonmetropolitan area than in the nation overall. This high concentration suggests a specialized and potentially competitive market where demand for these skills is robust, offering ample opportunities for professionals in this field.

Nearby Job Markets

Nearby Cities for Property Appraisers and Assessors

Comparing salaries near North Region of Texas nonmetropolitan area

Hiring Property Appraisers and Assessorss?

Frequently Asked Questions

How much does a Property Appraisers and Assessors make in North Region of Texas nonmetropolitan area?

The median annual salary for a Property Appraisers and Assessors in North Region of Texas nonmetropolitan area is $62,620. This typically ranges from $37,610 for entry-level positions to $101,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Region of Texas nonmetropolitan area is 23.5% lower than the national median of $81,850.

Is North Region of Texas nonmetropolitan area a lucrative place for Property Appraisers and Assessors?

No, not in terms of nominal salary compared to the national average.While the cost of living is average, the nominal salary of $62,620 is substantially lower than the national average of $81,850 for Property Appraisers and Assessors.

Is North Region of Texas nonmetropolitan area a good place to live for Property Appraisers and Assessors?

The Cost of Living Index in North Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Region of Texas nonmetropolitan area?

Some top paying nearby cities include Waco, TX ($61,290) and Austin-Round Rock-San Marcos, TX.

How does the local workforce size affect job prospects?

A local workforce of 390 indicates a moderately sized professional community, suggesting a stable but not overly saturated job market for Property Appraisers and Assessors in the North Region of Texas nonmetropolitan area.

What does a Location Quotient of 3.76 mean for this role?

A Location Quotient of 3.76 means that Property Appraisers and Assessors are employed at a rate 3.76 times higher in this region than the national average, indicating a strong demand and concentration of these jobs.

How does the Cost of Living Index impact the salary?

With a Cost of Living Index of 100, the average salary of $62,620 has the same purchasing power as the national average salary, meaning expenses are neither significantly higher nor lower than the national norm.

Are there many Property Appraisers and Assessors jobs per 1,000 workers?

With 1.442 jobs per 1,000 workers, the rate of employment for Property Appraisers and Assessors is relatively high, further supporting the idea of a concentrated and active job market in this region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the North Region of Texas nonmetropolitan area area with a job density of 1.442 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.