Offices of Real Estate Appraisers Revenue Benchmarks
The average offices of real estate appraisers business in the United States generates $829K in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 12,951 offices of real estate appraisers businesses in the U.S., employing 36,044 workers with an average profit margin of 20.0%. The average employee in this industry earns $71K per year (Bureau of Labor Statistics QCEW 2023).
What Does a Offices of Real Estate Appraisers Business Actually Do?
Licensed appraisers who determine market value of real estate for lending, tax, or transaction purposes. Regulated at state level with strict independence requirements from lenders.
Who buys: Mortgage lenders (majority of work), buyers and sellers, tax appeal cases, divorce/estate settlements.
Average Revenue
$829K
per year
Profit Margin
20.0%
industry average
Revenue / Employee
$298K
per year
Total Businesses
12,951
in the US
Est. Owner Income
$166K
small business avg
Labor Cost
25.0%
of revenue
Avg Employee Wage
$71K
per year (BLS)
Market Saturation
3.9
firms per 100K people
How Much Do Offices of Real Estate Appraisers Charge?
Appraisers charge a flat fee per appraisal, with commercial and complex properties at premium.
| Service | Typical range |
|---|---|
Residential (single-family, standard) | $400–800 |
Residential (complex/luxury) | $700–1,500 |
Multifamily (2–4 unit) | $700–1,500 |
Commercial appraisal | $2,000–15,000+ |
Rush fee | +$100–300 |
Ranges based on industry rate surveys and typical published pricing. Actual quotes vary by city, business size, and job complexity.
Complete offices of real estate appraisers business plan
A 12-section data-backed business plan for a offices of real estate appraisers business — executive summary, market analysis, competitive landscape, revenue model, 3-year financial projections, operations, marketing, staffing, funding request. Pre-populated with real Census, IRS, and BLS data on this industry. Free to view.
Cost Structure — Where Every $100 in Revenue Goes
Approximate P&L breakdown for the offices of real estate appraisers industry. Labor share and net profit are grounded in Census SUSB and IRS SOI data. Other lines are split using sector-typical ratios.
| Category | Per $100 revenue | Per typical business | What's in it |
|---|---|---|---|
Property expenses | $8 | $68K | Maintenance, repairs, property taxes, HOA fees, utilities on managed properties. |
Wages & benefits | $25 | $207K | Payroll for all employees at the business (owner comp not included for small owner-operators). |
Rent & facilities | $3 | $23K | Rent or mortgage on business location plus utilities tied to the space. |
Marketing & advertising | $8 | $68K | Google/Meta ads, SEO, print, referral fees, event sponsorships. |
Other operating costs | $36 | $297K | Insurance, legal, financing costs, agent commissions to sub-agents. |
Net profit | $20 | $166K | What remains for the owner or shareholders after all business expenses. |
Directionally accurate for a typical business in the industry. Individual businesses vary widely — a franchise may run a very different cost mix from an independent, and older established businesses often have lower labor share than newer ones.
Average Revenue by Business Size
Industry Dynamics (Census BDS 2023)
New Business Rate
14.5%
openings/year
Closure Rate
10.73%
closings/year
Net Job Growth
+5.45%
annual
Businesses Closed
8,058
in 2023
Firm Count Trend
Should You Start a Offices of Real Estate Appraisers Business?
Startup Cost
$50K – $250K
Break-Even
11 months
5-Year Survival Rate
50.0%
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Frequently Asked Questions
- What does a offices of real estate appraisers business do?
- Licensed appraisers who determine market value of real estate for lending, tax, or transaction purposes. Regulated at state level with strict independence requirements from lenders. Mortgage lenders (majority of work), buyers and sellers, tax appeal cases, divorce/estate settlements.
- How much do offices of real estate appraisers charge?
- Appraisers charge a flat fee per appraisal, with commercial and complex properties at premium. See the pricing table above for typical rates by service type.
- How much does the average offices of real estate appraisers make per year?
- The average offices of real estate appraisers business generates $829K in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $166K per year at a 20.0% profit margin.
- How many offices of real estate appraisers businesses are there in the US?
- There are 12,951 offices of real estate appraisers businesses operating in the United States, employing a total of 36,044 workers.
- How much does it cost to start a offices of real estate appraisers business?
- Startup costs for a offices of real estate appraisers business typically range from $50K to $250K, with a 5-year survival rate of 50.0%.
- What is the average salary in the offices of real estate appraisers industry?
- The average employee in the offices of real estate appraisers industry earns $71K per year, according to Bureau of Labor Statistics data (QCEW 2023).
Industry Growth & Survival
The offices of real estate appraisers industry is actively growing — adding jobs at a net rate of 5.5% per year. New establishments are opening faster than existing ones close (14.5% entry vs 10.7% exit), indicating healthy demand.
Approximately 57% of offices of real estate appraisers businesses survive their first 5 years. This is near the national average (~50%), with typical business risk. In 2023, 8,058 firms in this industry closed permanently.
Employment & Wages
The average employee in the offices of real estate appraisers industry earns $71,138/year. This is significantly above the national average of ~$65K, reflecting the skilled nature of this work. With 13,843 establishments employing 30,201 people, the typical business has about 2 employees. Most businesses in this industry are small operations — often owner-operated with minimal staff.
Industry Trend (2000–2023)
The offices of real estate appraisers industry has grown 70% since 2000 (from 44,954 to 76,436 firms).
See full historical statistics →Compare Offices of Real Estate Appraisers revenue with other industries: