Property Appraisers and Assessors in the Washington-Arlington-Alexandria, DC-VA-MD-WV area earn an impressive average annual salary of $84,430. This figure slightly surpasses the national average of $81,850, suggesting a localized premium for these professionals. The economic dynamics and demand within this specific metropolitan region likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $84,430 per year.
- Growth Trend: Salaries have shifted 2.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,050.
- Outlook: With a total local workforce of 740 Property Appraisers and Assessors, and a Location Quotient of 0.62, the job market in Washington-Arlington-Alexandria indicates a concentration below the national average. While the absolute number of professionals is substantial, the lower LQ suggests that this role is less concentrated here compared to other areas nationally, potentially pointing to a stable but not rapidly expanding demand.
Salary Overview
The average Property Appraisers and Assessors in Washington-Arlington-Alexandria, DC-VA-MD-WV earns+3.2%above the national average.
$40.6
$1,624
$7,036
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 the Washington-Arlington-Alexandria region have experienced steady growth over the past four years. Economic development, inflation, and evolving real estate market complexities typically drive an upward trend in compensation for skilled professionals in this field.
Property Appraisers and Assessors Salary Distribution in Washington-Arlington-Alexandria, DC-VA-MD-WV
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 expected salary range widens considerably with experience, reflecting increased responsibility, specialized knowledge, and a proven track record. These percentile gaps are a clear indicator of the career advancement opportunities within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,570 | $25.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,323 | $30.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,630 | $37.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,538 | $50.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $125,050 | $60.1 |
Detailed Property Appraisers and Assessors Market Analysis
Relocation Context
Nominal Salary
$84,430
Gross Pay
Real Wage (Purchasing Power)
$84,430
Adjusted for COL (100)
The average annual salary of $84,430 in Washington-Arlington-Alexandria aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary earned by Property Appraisers and Assessors in this region holds its purchasing power directly in line with the rest of the country, offering no significant advantage or disadvantage in terms of real income.
Job Market Context
740
Total Jobs
0.238
Per 1K Jobs
0.62
Location Quotient
Washington-Arlington-Alexandria, DC-VA-MD-WV has 0.62x 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 0.62 for Property Appraisers and Assessors in Washington-Arlington-Alexandria signifies that the profession is less concentrated in this area compared to the national average. This suggests that while there are job opportunities, the market is not saturated, and demand may be met by professionals from outside the immediate region or by a steady influx of new talent. It indicates a moderate level of competition.
Nearby Job Markets
Nearby Cities for Property Appraisers and Assessors
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Property Appraisers and Assessors Salary | $71,700↓ 15% | 17 mi |
| Baltimore-Columbia-Towson, MD Property Appraisers and Assessors Salary | $78,310↓ 7% | 35 mi |
| Hagerstown-Martinsburg, MD-WV Property Appraisers and Assessors Salary | $78,090↓ 8% | 63 mi |
Comparing salaries near Washington-Arlington-Alexandria, DC-VA-MD-WV
Hiring Property Appraisers and Assessorss?
Frequently Asked Questions
How much does a Property Appraisers and Assessors make in Washington-Arlington-Alexandria, DC-VA-MD-WV?
The median annual salary for a Property Appraisers and Assessors in Washington-Arlington-Alexandria, DC-VA-MD-WV is $84,430. This typically ranges from $53,570 for entry-level positions to $125,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Washington-Arlington-Alexandria, DC-VA-MD-WV is 3.2% higher than the national median of $81,850.
Is Washington-Arlington-Alexandria, DC-VA-MD-WV a lucrative place for Property Appraisers and Assessors?
Yes, slightly more lucrative than the national average.Property Appraisers and Assessors earn an average of $84,430 annually, which is above the national average. The cost of living is also at the national average, meaning your earnings have standard purchasing power.
Is Washington-Arlington-Alexandria, DC-VA-MD-WV a good place to live for Property Appraisers and Assessors?
The Cost of Living Index in Washington-Arlington-Alexandria, DC-VA-MD-WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Washington-Arlington-Alexandria, DC-VA-MD-WV?
Some top paying nearby cities include Maryland nonmetropolitan area ($71,700) and Baltimore-Columbia-Towson, MD.
How does the salary compare to the national average?
The average annual salary for Property Appraisers and Assessors in Washington-Arlington-Alexandria is $84,430, which is slightly higher than the national average of $81,850.
What is the concentration of Property Appraisers and Assessors in this area?
The concentration, measured by the Location Quotient, is 0.62, indicating that this profession is less concentrated in Washington-Arlington-Alexandria compared to the national average.
How does the cost of living affect the salary?
The cost of living in Washington-Arlington-Alexandria is exactly at the national average (100). Therefore, the slightly higher salary of $84,430 offers purchasing power equivalent to the national average.
What does the workforce size suggest about job opportunities?
With 740 Property Appraisers and Assessors locally, the workforce is of a notable size, but the lower Location Quotient suggests that demand might be stable rather than rapidly growing, implying moderate competition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 740 employees in the Washington-Arlington-Alexandria, DC-VA-MD-WV area with a job density of 0.238 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 Washington-Arlington-Alexandria, DC-VA-MD-WV