Offices of Real Estate Appraisers — Business Survival Rate

An estimated 57% of offices of real estate appraisers businesses survive their first 5 years, based on U.S. Census Bureau Business Dynamics Statistics. The annual business closure rate is 10.7%.

57%
5-Year Survival Rate
+5.5%
Net Growth Rate
76,436
Total Firms
8,058
Annual Firm Deaths

Is Offices of Real Estate Appraisers a Good Business to Start?

With a 57% five-year survival rate, offices of real estate appraisers is near the national average (~50%). This means roughly half of new entrants will still be operating after 5 years — typical business risk that rewards solid planning and execution.

The annual exit rate of 10.7% indicates moderate turnover. Success depends on differentiation, location, and operational efficiency rather than inherent industry advantages.

Entry vs. Exit Rates

Annual rate of new businesses opening versus existing businesses closing.

Entry Rate (new businesses)14.5%
Exit Rate (closures)10.7%

Net positive: more businesses opening than closing (+3.8 pp spread).

Job Creation & Destruction

19.3%
Job Creation Rate
13.8%
Job Destruction Rate
+5.5%
Net Job Growth

The industry is adding jobs faster than losing them — a positive sign for both workers and new business owners looking to hire. Total employment: 853,894 workers across 76,436 firms.

Want to know how much offices of real estate appraisers businesses actually make?

See full revenue benchmarks for Offices of Real Estate Appraisers

Frequently Asked Questions

What percentage of offices of real estate appraisers businesses fail?
Approximately 43% of offices of real estate appraisers businesses fail within their first 5 years. The annual closure rate is 10.7%, with 8,058 firms closing permanently in 2023.
Is the offices of real estate appraisers industry growing or shrinking?
The offices of real estate appraisers industry is currently growing with a net job creation rate of +5.5% per year. New businesses are entering at 14.5% while 10.7% close annually.

Source: U.S. Census Bureau, Business Dynamics Statistics (2023). Survival rate estimated from annual exit rates.