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Real Estate Appraisal Industry Survey

Real Estate Appraisal Industry Survey

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This information was compiled from the AppraisalWorld Residential Survey. As members join, they are asked for information about their profession and personal demographics. These results reflect the demographics of a typical residential appraiser.


Gender Breakdown

As you probably suspect, the appraisal profession is heavily dominated by men-almost 4 out 5.


Age Breakdown

Note that the age groups are almost evenly divided. Appraisers in their
40s represent 30%, appraisers in their 50s make up 31% and appraisers
under 40 represent 28%. Appraisers over 60 represent a little more than
10%.


Years of Experience Appraising

Interestingly, appraisers were split 50/50 with 50% having more than 10
years of experience and the other half having 10 or less years of
appraisal experience. Note that there are very few trainees, but still
a substantial number (23%) of relatively new appraisers with 1 to 5
years of experience.


Education Level

Residential appraisers are quite an educated group, with more than
three quarters having continued on after high school to get an advanced
degree.


Income Level

The education levels seem to be paying off in higher income levels as
more than two-thirds of all appraisers are making over $50,000 per
year. More than 30% of the appraisers are making over $80,000 per year.
This also shows that some appraisers, 15%, are having a rougher time
with incomes of less than $40,000 per year.

According to Money Magazine and Salary.com, the #6 Best Job in
America for people over 50 is Residential Real Estate Appraising.
Here’s what Money has to say: Median pay is $42,000; 90% make more than
$30,900; 10% make more than $50,000; They estimate the 10 year job
growth to be 23%. The #1 job for people over 50 was “Non-Profit
Executive”; Highest paying job was Labor Relations manager with a
median salary of $100,000.


Is Appraising the Primary Source of Income?

Overwhelmingly, 94% of residential appraisers stated that appraising
was their primary source of income. Only 6% considered appraising to be
secondary or supplemental income.


Has your identity ever been stolen?

AppraisalWorld is very concerned with building trust and reliability in
the appraisal profession and so we asked appraisers about fraud and
identity theft. Shockingly, but perhaps not surprising, 5% have had
their identity stolen.

February 19, 2018

APPRAISER AVAILABILITY IS LIMITED!

DON’T DELAY. RESERVE YOUR SPOT ON OUR SCHEDULE TODAY!

REAL PROPERTY APPRAISALS THROUGHOUT HOUSTON

Aldine, Alvin, Atascocita, Bayou Vista, Baytown, Beach City, Bellaire, Bellville, Brazos Country, Brookshire, Brookside Village, Bunker Hill Village, Channelview, Cinco Ranch, Clear Lake Shores, Cleveland, Cloverleaf, Crosby, Cut and Shoot, Dayton, Deer Park, East Houston, El Lago, Four Corners, Fresno, Friendswood, Fulshear, Galena Park, Greatwood, Greenspoint, Hedwig Village, Hilshire Village, Hitchcock, Hockley, Huffman, Humble, Hunters Creek Village, Jacinto City, Jersey Village, Katy, Kemah, Kingwood, La Porte, League City, Liberty, Liverpool, Magnolia, Manvel, Meadows Place, Mission Bend, Missouri City, Mont Belvieu, Montgomery, Morgan's Point, Nassau Bay, New Territory, Northshore, North Houston, Oak Ridge North, Pasadena, Pattison, Patton Village, Pearland, Pecan Grove, Piney Point Village, Plum Grove, Porter, Richmond, Rosenberg, Santa Fe, Seabrook, Sealy, Shenandoah, Shoreacres, Sienna Plantation, Simonton, South Houston, Southside Place, Splendora, Spring Valley Village, Sheldon, Spring, Stafford, Sugar Land, Taylor Lake Village, Texas City, The Woodlands, Tomball, Wallis, Webster, Westlake, West Columbia, West University Place, Woodbranch

HOME VALUES IN THESE HOUSTON AREA NEIGHBORHOODS

Acres Homes, Alden Bridge, Alief, Allendale, Astrodome, Belle Court, Binz, Braeburn, Braesview Terrace, Braeswood Place, Briar Forest, Briar Meadow, Central Southwest, Clear Lake, Clinton Park, Cochran's Crossing, College Court Place, College Park, Colonial Terrace, Creekside Park, Cunningham Terrace, Dorado, Downtown, East End, East Houston, East Little York, Eastwood, Edgebrook, Eldridge, Fairbanks, Fifth Ward, Fondren Gardens, Fondren Park, Fondren Southwest, Fonmeadow, Forth Ward, Garden Oaks, George Bush International Airport, Golfcrest, Greater Heights, Greater Hobby, Greater Inwood, Greenspoint, Grogan's Mill, Gulfgate, Gulfton, Harrisburg, Herman Park, Hidden Valley, Houston Heights, Huntwood, Independence Heights, Jensen, Kashmere Gardens, Langwood, Lazy Brook, Macgregor, Magnolia Park, Medical Center, Memorial, Memorial Park, Midtown, Minnetex, Monticello, Montrose, Museum District, Myerland, Neartown, North Shore, Northside, Northside Village, Panther Creek, Park Place, Park Ten, Pecan Park, Pemberton, Pleasantville, Port Houston, Research Forest, Rice Court, Rice Village, Richmond Plaza, River Oaks, Second Ward, Settegast, Sharpstown, South Acres, South Main, South Main Gardens, South Park, South Union, Southbelt, Spring, Spring Branch, Spring Branch Central, Spring Branch East, Spring Branch West, Spring Shadows, Sterling Ridge, Sunnyside, Sunset Terrace, The Villages, Third Ward, Trinity, University Place, Upper Kirby, Uptown, Virginia Court, Washington Ave., Wayside, West University Place, Westbury, Westchase, Westwood, Willow Bend

APPRAISING PROPERTIES IN THESE ZIP CODES

77001, 77002, 77003, 77004, 77005, 77006, 77007, 77008, 77009, 77010, 77011, 77012, 77013, 77014, 77015, 77016, 77017, 77018, 77019, 77020, 77021, 77022, 77023, 77024, 77025, 77026, 77027, 77028, 77029, 77030, 77031, 77032, 77033, 77034, 77037, 77080, 77072, 77073, 77074, 77075, 77076, 77077, 77071, 77079, 77066, 77081, 77082, 77083, 77078, 77070, 77069, 77067, 77065, 77064, 77063, 77062, 77061, 77060, 77059, 77058, 77208, 77084, 77068, 77098, 77213, 77212, 77210, 77209, 77035, 77207, 77057, 77205, 77204, 77203, 77202, 77206, 77099, 77085, 77097, 77096, 77095, 77094, 77093, 77092, 77091, 77090, 77089, 77088, 77087, 77086, 77201, 77015, 77041, 77055, 77054, 77053, 77052, 77051, 77050, 77049, 77048, 77047, 77046, 77045, 77044, 77027, 77042, 77028, 77040, 77039, 77038, 77216, 77036, 77217, 77034, 77033, 77032, 77031, 77030, 77056, 77043, 77267, 77256, 77274, 77273, 77272, 77271, 77270, 77277, 77268, 77279, 77266, 77265, 77263, 77262, 77259, 77257, 77269, 77289, 77215, 77299, 77298, 77297, 77293, 77292, 77275, 77290, 77258, 77288, 77287, 77284, 77282, 77281, 77280, 77291, 77225, 77255, 77233, 77261, 77230, 77229, 77228, 77235, 77226, 77234, 77224, 77223, 77222, 77221, 77220, 77219, 77218, 77227, 77250, 77254, 77253, 77252, 77231, 77251, 77236, 77249, 77248, 77245, 77244, 77243, 77242, 77241, 77240, 77238, 77237

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