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

Property Appraisers and Assessors in the Northwestern Region of Texas nonmetropolitan area earn an average annual salary of $58,750. This figure is notably lower than the national average of $81,850, reflecting the economic dynamics and specific market demands of nonmetropolitan regions. The localized pay scale is often influenced by factors such as the cost of doing business, the volume of property transactions, and the overall economic health of the area.

Executive Summary

  • Average Salary: $58,750 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $83,060.
  • Outlook: The job market for Property Appraisers and Assessors in the Northwestern Region of Texas nonmetropolitan area appears robust, indicated by a substantial Location Quotient of 3.29. This suggests a significantly higher concentration of these professionals compared to the national average, implying strong local demand or a specialized regional need for their services. With 1.26 jobs per 1,000 workers and a total local workforce of 240, the market demonstrates a consistent presence and potential for growth within this niche sector.
2024 Market Data

Salary Overview

$58,750

The average Property Appraisers and Assessors in Northwestern Region of Texas nonmetropolitan area earns-28.2%below the national average.

BreakdownBased on 40h/week
Hourly

$28.2

Weekly

$1,130

Monthly

$4,896

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

Career progression for Property Appraisers and Assessors typically involves 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 signify clear opportunities for career advancement, with senior appraisers often earning substantially more than their junior counterparts.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,960$18.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$44,063$21.2
ManagerOversees team, compliance, and project delivery.50% (Median)$47,270$22.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$73,438$35.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$83,060$39.9

Detailed Property Appraisers and Assessors Market Analysis

Relocation Context

Nominal Salary

$58,750

Gross Pay

Real Wage (Purchasing Power)

$58,750

Adjusted for COL (100)

The nominal average annual salary of $58,750 in the Northwestern 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 local salary is equivalent to the national average. While the salary is lower than the national average for the profession, the cost of living being at par suggests that the take-home pay offers a comparable standard of living to many other areas.

Job Market Context

240

Total Jobs

1.26

Per 1K Jobs

3.29

Location Quotient

Major Hub

Northwestern Region of Texas nonmetropolitan area has 3.3x 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.

The Location Quotient of 3.29 for Property Appraisers and Assessors in the Northwestern Region of Texas nonmetropolitan area indicates a highly concentrated job market. This significantly above-average concentration suggests that the region has a disproportionately high number of these professionals relative to the national average. This could imply a specialized demand for appraisal services, fewer professionals entering the field locally, or a mature market where established appraisers hold a strong presence.

Nearby Job Markets

Nearby Cities for Property Appraisers and Assessors

Comparing salaries near Northwestern Region of Texas nonmetropolitan area

Hiring Property Appraisers and Assessorss?

Frequently Asked Questions

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

The median annual salary for a Property Appraisers and Assessors in Northwestern Region of Texas nonmetropolitan area is $58,750. This typically ranges from $38,960 for entry-level positions to $83,060 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwestern Region of Texas nonmetropolitan area is 28.2% lower than the national median of $81,850.

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

No, but it offers comparable living standards.While the average salary of $58,750 is below the national average, the Cost of Living Index of 100 means your earnings have equivalent purchasing power to the national average.

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

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

Where are the highest paying cities near Northwestern 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 opportunities?

A local workforce of 240 Property Appraisers and Assessors suggests a smaller, more specialized job pool. While this can mean fewer overall openings, the high Location Quotient indicates strong demand relative to the number of professionals.

What does a Location Quotient of 3.29 mean for job seekers?

A Location Quotient of 3.29 signifies that Property Appraisers and Assessors are more than three times as concentrated in this region compared to the national average, indicating a potentially competitive but stable job market for those with relevant skills.

How does the cost of living compare to salary expectations?

With a Cost of Living Index of 100, the average salary of $58,750 provides a standard of living equivalent to the national average. This means that despite the lower nominal salary, the local expenses are not higher than elsewhere.

Are there many Property Appraisers and Assessors jobs per capita in this region?

There are 1.26 jobs per 1,000 workers for Property Appraisers and Assessors in this region, which is a moderate number that reflects the specialized nature of the role within a nonmetropolitan economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Northwestern Region of Texas nonmetropolitan area area with a job density of 1.26 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.