Appraisers and Assessors of Real Estate
Employment data isn't available specifically for this occupation from the Bureau of Labor Statistics, so we are using the data from Property Appraisers and Assessors.
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Automation risk
High Risk (61-80%): Jobs in this category face a significant threat from automation, as many of their tasks can be easily automated using current or near-future technologies.
More information on what this score is, and how it is calculated is available here.
User poll
Our visitors have voted they are unsure if this occupation will be automated. However, the automation risk level we have generated suggests a much higher chance of automation: 76% chance of automation.
What do you think the risk of automation is?
What is the likelihood that Appraisers and Assessors of Real Estate will be replaced by robots or artificial intelligence within the next 20 years?
Sentiment
The following graph(s) are included wherever there is a substantial amount of votes to render meaningful data. These visual representations display user poll results over time, providing a significant indication of sentiment trends.
Sentiment over time (yearly)
Growth
The number of 'Property Appraisers and Assessors' job openings is expected to rise 4.0% by 2032
Total employment, and estimated job openings
Updated projections are due 09-2023.
Wages
In 2023, the median annual wage for 'Property Appraisers and Assessors' was $61,630, or $29 per hour
'Property Appraisers and Assessors' were paid 28.2% higher than the national median wage, which stood at $48,060
Wages over time
Volume
As of 2023 there were 62,090 people employed as 'Property Appraisers and Assessors' within the United States.
This represents around < 0.001% of the employed workforce across the country
Put another way, around 1 in 2 thousand people are employed as 'Property Appraisers and Assessors'.
Job description
Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.
SOC Code: 13-2023.00
Comments
They also need to measure homes to ANSI standards and provide the year a property was updated, or if it was not updated at all. When I say "detailed information", I mean the following:
- 3” vs 6” trim or crown molding
- Custom crown molding
- Slate or marble tile vs builder grade
- Custom cabinets vs builder grade
- Level 1-5 granite/quartz/marble countertops
- Frigidaire appliances vs Wolf/Viking/Subzero
- Handscraped, engineered wood or Luxury Vinyl Plank floors
- 2x4 construction or 2x6
- Insulation types
In the end, the biggest factors for appraisals come down to the quality and condition of the subject property relative to its comparables. Even with all the detailed information laid out for a computer to analyze, it still has to choose comparables, which it can't do based on data points alone.
It would need to be able to identify quality and condition similarities, which is where Zillow and all AVMs have failed so far. This is something that, so far, only a trained appraiser can do.
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