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The differences between licensed appraisers and home appraisers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a licensed appraiser and a home appraiser. Additionally, a licensed appraiser has an average salary of $43,844, which is higher than the $42,496 average annual salary of a home appraiser.
The top three skills for a licensed appraiser include real estate appraisals, market data and property inspections. The most important skills for a home appraiser are sketch, fair market value, and .
| Licensed Appraiser | Home Appraiser | |
| Yearly salary | $43,844 | $42,496 |
| Hourly rate | $21.08 | $20.43 |
| Growth rate | 7% | 7% |
| Number of jobs | 10,887 | 39,904 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 55% |
| Average age | 49 | 49 |
| Years of experience | 4 | 4 |
Licensed appraisers and home appraisers have different pay scales, as shown below.
| Licensed Appraiser | Home Appraiser | |
| Average salary | $43,844 | $42,496 |
| Salary range | Between $28,000 And $67,000 | Between $27,000 And $66,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a licensed appraiser and a home appraiser in terms of educational background:
| Licensed Appraiser | Home Appraiser | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between licensed appraisers' and home appraisers' demographics:
| Licensed Appraiser | Home Appraiser | |
| Average age | 49 | 49 |
| Gender ratio | Male, 59.9% Female, 40.1% | Male, 73.1% Female, 26.9% |
| Race ratio | Black or African American, 4.6% Unknown, 3.9% Hispanic or Latino, 6.8% Asian, 2.9% White, 81.4% American Indian and Alaska Native, 0.4% | Black or African American, 4.7% Unknown, 3.9% Hispanic or Latino, 6.9% Asian, 2.9% White, 81.2% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 8% | 8% |