What is a Licensed Appraiser

There is more than meets the eye when it comes to being a Licensed Appraiser. For example, did you know that they make an average of $24.24 an hour? That's $50,414 a year!

Between 2018 and 2028, the career is expected to grow 7% and produce 5,600 job opportunities across the U.S.

What Does a Licensed Appraiser Do

There are certain skills that many Licensed Appraisers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Customer-service skills and Math skills.

How To Become a Licensed Appraiser

If you're interested in becoming a Licensed Appraiser, one of the first things to consider is how much education you need. We've determined that 56.2% of Licensed Appraisers have a bachelor's degree. In terms of higher education levels, we found that 4.8% of Licensed Appraisers have master's degrees. Even though most Licensed Appraisers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Licensed Appraiser. When we researched the most common majors for a Licensed Appraiser, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Licensed Appraiser resumes include High School Diploma degrees or Master's Degree degrees.

You may find that experience in other jobs will help you become a Licensed Appraiser. In fact, many Licensed Appraiser jobs require experience in a role such as Appraiser. Meanwhile, many Licensed Appraisers also have previous career experience in roles such as Trainee or General Manager.

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Average Salary
$50,414
Average Salary
Job Growth Rate
7%
Job Growth Rate
Job Openings
29,017
Job Openings
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Licensed Appraiser Career Paths

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Average Salary for a Licensed Appraiser

Licensed Appraisers in America make an average salary of $50,414 per year or $24 per hour. The top 10 percent makes over $73,000 per year, while the bottom 10 percent under $34,000 per year.
Average Salary
$50,414
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Licensed Appraiser Demographics

Licensed Appraiser Gender Statistics

male

55.9 %

female

39.5 %

unknown

4.5 %

Licensed Appraiser Ethnicity Statistics

White

85.1 %

Hispanic or Latino

6.4 %

Black or African American

3.7 %

Licensed Appraiser Foreign Languages Spoken Statistics

Spanish

100.0 %
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Licensed Appraiser Education

Licensed Appraiser Majors

26.8 %
11.6 %

Licensed Appraiser Degrees

Bachelors

56.2 %

Associate

25.7 %

High School Diploma

7.6 %

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None
High School / GED
Associate
Bachelor's
Master's
Doctorate

Top Colleges for Licensed Appraisers

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

5. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

6. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

7. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

8. University of Maryland - Baltimore County

Baltimore, MD • Private

In-State Tuition
$11,778
Enrollment
11,156

9. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

10. Baylor University

Waco, TX • Private

In-State Tuition
$45,542
Enrollment
14,159
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Online Courses For Licensed Appraiser That You May Like

Fundamentals of Residential Property Management
udemy
4.6
(347)

Understand the foundation of residential property management as a property manager or landlord...

Property Management 101
udemy
4.6
(402)

Learn the basics of managing rental property and becoming a landlord...

Intro to Analyzing Rental Income Properties
udemy
4.5
(1,508)

Learn the fundamentals of investment analysis specifically for rental income property investments...

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Top Skills For a Licensed Appraiser

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 27.5% of Licensed Appraisers listed Appraisal Reports on their resume, but soft skills such as Analytical skills and Customer-service skills are important as well.

  • Appraisal Reports, 27.5%
  • Market Research, 9.6%
  • Market Data, 8.2%
  • Property Inspections, 8.0%
  • Construction Projects, 6.1%
  • Other Skills, 40.6%
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