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Last updated: October 31, 2024
Residential Appraiser Salary
in Los Angeles, California
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
$102,433 (USD)
Average Salary
$49/hr
Average Hourly
$3,554
Average Bonus
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Last updated: October 31, 2024
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Salary Recap
The average pay for a Residential Appraiser is $102,433 a year and $49 an hour in Los Angeles, California, United States. The average salary range for a Residential Appraiser is between $71,703 and $124,456. On average, a Bachelor's Degree is the highest level of education for a Residential Appraiser. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Los Angeles, California.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Salary Potential
Salary Potential
Estimated salary in 2029:
$115,059
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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Shift differentials are used to adjust the compensation of an employee due to the time of day or the day of the week that the employee worked.
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About Los Angeles, California
Los Angeles Cost of Living Score:
Description:
Los Angeles, often referred to by its initials L.A., is the most populous city in the U.S. state of California. With an estimated 3,820,914 residents within the city limits as of 2023, It is the second-most populous city in the United States, behind only New York City; it is also the commercial, financial and cultural center of Southern California. Los Angeles has an ethnically and culturally diverse population, and is the principal city of a metropolitan area of 12.8 million people (2023). Greater Los Angeles, which includes the Los Angeles and Riverside–San Bernardino metropolitan areas, is a sprawling metropolis...
Job Summary
Description:
- Assesses improved or unimproved residential property to determine value for purchase, sale, investment, mortgage, or loan purposes.
- Inspects residential property for construction, condition, and functional design and calculates property measurements.
- Ascertains final estimation of property value, considering factors such as depreciation, reproduction costs, value comparison of similar property, and income potential.
- Receives pertinent information by interviewing people familiar with residential property and immediate surroundings, such as contractors, home owners, and other realtors.
Residential Appraiser Job Listings for
No listings found
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Salary Recap
The average pay for a Residential Appraiser is $102,433 a year and $49 an hour in Los Angeles, California, United States. The average salary range for a Residential Appraiser is between $71,703 and $124,456. On average, a Bachelor's Degree is the highest level of education for a Residential Appraiser. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Los Angeles, California.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Residential Appraiser Job Prevalence in the United States
Job family: Property Appraisers and Assessors
Job family population: 62,090
Estimated population of Residential Appraiser jobs: 9,102
Rate of error: 6.0%
Take the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Los Angeles, California
Los Angeles Cost of Living Score:
Description:
Los Angeles, often referred to by its initials L.A., is the most populous city in the U.S. state of California. With an estimated 3,820,914 residents within the city limits as of 2023, It is the second-most populous city in the United States, behind only New York City; it is also the commercial, financial and cultural center of Southern California. Los Angeles has an ethnically and culturally diverse population, and is the principal city of a metropolitan area of 12.8 million people (2023). Greater Los Angeles, which includes the Los Angeles and Riverside–San Bernardino metropolitan areas, is a sprawling metropolis...
Job Summary
Description:
- Assesses improved or unimproved residential property to determine value for purchase, sale, investment, mortgage, or loan purposes.
- Inspects residential property for construction, condition, and functional design and calculates property measurements.
- Ascertains final estimation of property value, considering factors such as depreciation, reproduction costs, value comparison of similar property, and income potential.
- Receives pertinent information by interviewing people familiar with residential property and immediate surroundings, such as contractors, home owners, and other realtors.
Residential Appraiser Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More