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The differences between appraisers and residential fee appraisers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an appraiser and a residential fee appraiser. Additionally, a residential fee appraiser has an average salary of $43,447, which is higher than the $42,223 average annual salary of an appraiser.
The top three skills for an appraiser include commercial property, appraisal reports and customer service. The most important skills for a residential fee appraiser are residential real estate, income properties, and condominiums.
| Appraiser | Residential Fee Appraiser | |
| Yearly salary | $42,223 | $43,447 |
| Hourly rate | $20.30 | $20.89 |
| Growth rate | 7% | 7% |
| Number of jobs | 1,186 | 8,527 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 72% |
| Average age | 49 | 49 |
| Years of experience | 4 | 4 |
Appraisers and residential fee appraisers have different pay scales, as shown below.
| Appraiser | Residential Fee Appraiser | |
| Average salary | $42,223 | $43,447 |
| Salary range | Between $29,000 And $59,000 | Between $28,000 And $66,000 |
| Highest paying City | San Mateo, CA | - |
| Highest paying state | California | - |
| Best paying company | City National Bank | - |
| Best paying industry | Insurance | - |
There are a few differences between an appraiser and a residential fee appraiser in terms of educational background:
| Appraiser | Residential Fee Appraiser | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 72% |
| Most common major | Business | Real Estate |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between appraisers' and residential fee appraisers' demographics:
| Appraiser | Residential Fee Appraiser | |
| Average age | 49 | 49 |
| Gender ratio | Male, 67.8% Female, 32.2% | Male, 69.0% Female, 31.0% |
| Race ratio | Black or African American, 4.6% Unknown, 3.9% Hispanic or Latino, 6.8% Asian, 2.9% White, 81.5% American Indian and Alaska Native, 0.4% | Black or African American, 4.4% Unknown, 3.8% Hispanic or Latino, 6.6% Asian, 2.8% White, 81.9% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 8% | 8% |