Average Property Appraisers and Assessors Salary in Providence-Warwick, RI-MA
Property Appraisers and Assessors in the Providence-Warwick, RI-MA area earn an impressive average annual salary of $87,080. This figure notably surpasses the national average of $81,850, indicating a strong demand and potentially higher valuation standards within this specific metropolitan region. Local economic factors and the unique real estate market dynamics likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $87,080 per year.
- Growth Trend: Salaries have shifted 19.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,400.
- Outlook: With a total local workforce of 200 Property Appraisers and Assessors, and a Location Quotient of 0.75, the job market in Providence-Warwick presents a stable, albeit slightly below-average concentration compared to national benchmarks. While not an exceptionally high concentration, the presence of a dedicated workforce suggests consistent opportunities and a recognized need for these professionals within the region's economic structure.
Salary Overview
The average Property Appraisers and Assessors in Providence-Warwick, RI-MA earns+6.4%above the national average.
$41.9
$1,675
$7,257
Property Appraisers and Assessors Salary Trends (2020-2024)
While specific historical data for the Providence-Warwick area is not provided, it is reasonable to assume that salaries for Property Appraisers and Assessors have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing property values, and evolving appraisal methodologies typically drive an upward trajectory in compensation for skilled professionals in this field.
Property Appraisers and Assessors Salary Distribution in Providence-Warwick, RI-MA
Career progression for Property Appraisers and Assessors typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the gap between starting salaries and those earned by seasoned professionals with extensive experience and specialized certifications can be substantial. This reflects the accumulation of expertise, client trust, and the complexity of assignments undertaken by more experienced appraisers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,800 | $23 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,310 | $31.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,460 | $38.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $108,850 | $52.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $115,400 | $55.5 |
Detailed Property Appraisers and Assessors Market Analysis
Relocation Context
Nominal Salary
$87,080
Gross Pay
Real Wage (Purchasing Power)
$87,080
Adjusted for COL (100)
The nominal average salary of $87,080 in Providence-Warwick aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an appraiser's salary in this region is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to the cost of goods and services.
Job Market Context
200
Total Jobs
0.287
Per 1K Jobs
0.75
Location Quotient
Providence-Warwick, RI-MA has 0.75x 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 0.75 suggests that Property Appraisers and Assessors are slightly less concentrated in the Providence-Warwick area compared to the national average. This indicates a moderately competitive market where demand is present but not overwhelmingly saturated, potentially offering good opportunities for skilled professionals seeking employment.
Nearby Job Markets
Nearby Cities for Property Appraisers and Assessors
| City | Salary | Dist. |
|---|---|---|
| Massachusetts nonmetropolitan area Property Appraisers and Assessors Salary | $68,310↓ 22% | 29 mi |
| Worcester, MA Property Appraisers and Assessors Salary | $81,340↓ 7% | 37 mi |
| Boston-Cambridge-Newton, MA-NH Property Appraisers and Assessors Salary | $95,820↑ 10% | 38 mi |
| Norwich-New London-Willimantic, CT Property Appraisers and Assessors Salary | $86,920↓ 0% | 39 mi |
| Barnstable Town, MA Property Appraisers and Assessors Salary | $84,670↓ 3% | 58 mi |
Comparing salaries near Providence-Warwick, RI-MA
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Frequently Asked Questions
How much does a Property Appraisers and Assessors make in Providence-Warwick, RI-MA?
The median annual salary for a Property Appraisers and Assessors in Providence-Warwick, RI-MA is $87,080. This typically ranges from $47,800 for entry-level positions to $115,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Providence-Warwick, RI-MA is 6.4% higher than the national median of $81,850.
Is Providence-Warwick, RI-MA a lucrative place for Property Appraisers and Assessors?
Yes, it is a lucrative place for Property Appraisers and Assessors.The average salary of $87,080 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Providence-Warwick, RI-MA a good place to live for Property Appraisers and Assessors?
The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Providence-Warwick, RI-MA?
Some top paying nearby cities include Massachusetts nonmetropolitan area ($68,310) and Worcester, MA.
How does the Providence-Warwick salary compare to the national average?
The average annual salary for Property Appraisers and Assessors in Providence-Warwick is $87,080, which is higher than the national average of $81,850.
What is the concentration of Property Appraisers and Assessors in Providence-Warwick?
The concentration, measured by the Location Quotient, is 0.75, indicating a slightly lower presence of these professionals compared to the national average.
How does the cost of living affect the salary in Providence-Warwick?
The Cost of Living Index is 100, which is the national average. This means the $87,080 salary offers purchasing power equivalent to the national average.
What is the total number of Property Appraisers and Assessors in the Providence-Warwick area?
There are approximately 200 Property Appraisers and Assessors working in the Providence-Warwick, RI-MA metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Providence-Warwick, RI-MA area with a job density of 0.287 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 Providence-Warwick, RI-MA