Career and Education Opportunities for Assessors in Philadelphia, Pennsylvania
Assessors can find both educational opportunities and jobs in the Philadelphia, Pennsylvania area. About 2,150 people are currently employed as assessors in Pennsylvania. By 2016, this is expected to grow 9% to about 2,350 people employed. This is better than the national trend for assessors, which sees this job pool growing by about 4.6% over the next eight years. In general, assessors appraise real and personal property to determine its fair value.
Assessors earn about $20 per hour or $42,370 annually on average in Pennsylvania and about $22 hourly or $47,370 annually on average nationally. Incomes for assessors are not quite as good as in the overall category of Accounting and Auditing in Pennsylvania, and not quite as good as the overall Accounting and Auditing category nationally. Assessors work in a variety of jobs, including: appraiser, licensed mass real estate appraiser, and personal property appraiser.
There are 156 schools of higher education in the Philadelphia area, including three within twenty-five miles of Philadelphia where you can get a degree to start your career as an assessor. Assessors usually hold a post-secondary certificate, so it will take a short time to learn to be an assessor if you already have a high school diploma.
CAREER DESCRIPTION: Assessor
In general, assessors appraise real and personal property to determine its fair value. They also may assess taxes in accordance with prescribed schedules.
Assessors decide on taxability and value of properties, using methods such as field inspection, structural measurement, calculation, sales analysis, market trend studies, and income and expense analysis. They also inspect properties, considering factors such as market value and building or replacement costs to establish appraisal value. Equally important, assessors have to explain assessed values to property owners and defend appealed assessments at public hearings. They are often called upon to inspect new construction and major improvements to existing structures to establish values. They are expected to analyze trends in sales prices and rents, to gauge property values or decide on the precision of assessments. Finally, assessors conduct regular reviews of property within jurisdictions to establish changes in property due to construction or demolition.
Every day, assessors are expected to be able to see details at a very fine level of focus. They need to articulate ideas and problems. It is also important that they think through problems and come up with general rules.
It is important for assessors to complete and maintain assessment rolls that show the assessed values and status of all property in a municipality. They are often called upon to identify the ownership of each piece of taxable property. They also hire staff members. They are sometimes expected to approve applications for property tax exemptions or deductions. Somewhat less frequently, assessors are also expected to ready and maintain current data on each parcel assessed, including maps of boundaries, inventories of land and structures and any applicable exemptions.
Assessors sometimes are asked to furnish sales analyses to be used for equalization of school aid. They also have to be able to maintain familiarity with aspects of local real estate markets And finally, they sometimes have to furnish sales analyses to be used for equalization of school aid.
Like many other jobs, assessors must have exceptional integrity and be thorough and dependable.
Similar jobs with educational opportunities in Philadelphia include:
- Accountant. Analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
- Auditor. Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
- Budget Analyst. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
- Claims Adjuster. Review settled insurance claims to determine that payments and settlements have been made in accordance with company practices and procedures. Report overpayments, underpayments, and other irregularities. Confer with legal counsel on claims requiring litigation.
- Credit Analyst. Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
- Financial Analyst. Conduct quantitative analyses of information affecting investment programs of public or private institutions.
- Financial Examiner. Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.
- Income Tax Advisor. Prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
- Insurance Appraiser. Appraise automobile or other vehicle damage to determine cost of repair for insurance claim settlement and seek agreement with automotive repair shop on cost of repair. Prepare insurance forms to indicate repair cost or cost estimates and recommendations.
- Insurance Underwriter. Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
- Loan Counselor. Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.
- Loan Officer. Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
- Personal Financial Planner. Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Duties include assessing clients' assets, liabilities, and financial objectives to establish investment strategies.
- Real Estate Appraiser. Appraise real property to determine its value for purchase, sales, or loan purposes.
- Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
EDUCATIONAL OPPORTUNITIES: Assessor Training
Temple University - Philadelphia, PA
Temple University, 1801 North Broad Street, Philadelphia, PA 19122-6096. Temple University is a large university located in Philadelphia, Pennsylvania. It is a public school with primarily 4-year or above programs. It has 35,343 students and an admission rate of 61%. Temple University has a bachelor's degree program in Real Estate which graduated fourteen students in 2008.
University of Pennsylvania - Philadelphia, PA
University of Pennsylvania, 1 College Hall 34th and Spruce Sts, Philadelphia, PA 19104-6303. University of Pennsylvania is a large university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 24,060 students and an admission rate of 17%. University of Pennsylvania has bachelor's degree, postbaccalaureate certificate, master's degree, post-master's certificate, and doctor's degree programs in Real Estate which graduated twenty-six, eighteen, five, zero, and zero students respectively in 2008.
Montgomery County Community College-Central Campus - Blue Bell, PA
Montgomery County Community College-Central Campus, 340 Dekalb Pike, Blue Bell, PA 19422-0796. Montgomery County Community College-Central Campus is a medium sized college located in Blue Bell, Pennsylvania. It is a public school with primarily 2-year programs and has 9,641 students. Montgomery County Community College-Central Campus has an associate's degree program in Real Estate which graduated one student in 2008.
Accredited Rural Appraiser: Appraisals of agricultural enterprises and rural properties demand qualified experts who understand the complexity and intricacy of modern agriculture and today's rural environment.
For more information, see the American Society of Farm Managers and Rural Appraisers website.
Residential Evaluation Specialist: The purpose of the RES (Residential Evaluation Specialist) designation is to recognize professionalism and competency in the valuation of residential property for tax purposes.
For more information, see the International Association of Assessing Officers website.
Personal Property Specialist: The purpose of the PPS (Personal Property Specialist) designation is to recognize professionalism and competency in the valuation of personal property for tax purposes.
For more information, see the International Association of Assessing Officers website.
Certified Investment Management Analyst: The CIMA offers an intense educational experience focusing on asset allocation, manager search and selection, investment policy and performance measurement.
For more information, see the Investment Management Consultants Association website.
Certified Estate Specialist: A Certified Estate Specialist has advanced education in exactly how to deal with the settling of estates, from working with family members to dealing with lawyers and accountants.
For more information, see the National Auctioneers Association website.
LOCATION INFORMATION: Philadelphia, Pennsylvania
Philadelphia is located in Philadelphia County, Pennsylvania. It has a population of over 1,447,395, which has shrunk by 4.6% in the past ten years. The cost of living index in Philadelphia, 102, is near the national average. New single-family homes in Philadelphia cost $212,900 on average, which is far greater than the state average. In 2008, five hundred forty-five new homes were constructed in Philadelphia, down from five hundred ninety-one the previous year.
The top three industries for women in Philadelphia are health care, educational services, and professional, scientific, and technical services. For men, it is construction, educational services, and health care. The average travel time to work is about 32 minutes. More than 17.9% of Philadelphia residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 7.5%, is lower than the state average.
The percentage of Philadelphia residents that are affiliated with a religious congregation, 53.4%, is more than the national average but less than the state average. Boulevard Church, Mount Herman Church and Saint Michael Mission Center are all churches located in Philadelphia. The most prominent religious groups are the Catholic Church, the American Baptist Churches in the USA and the Muslim Estimate.
Philadelphia is home to the Five Points and the Academy Gardens as well as Durham Park and Cloverly Park. Shopping malls in the area include Roosevelt Mall, Andorra Shopping Center and Red Lion Shopping Center. Visitors to Philadelphia can choose from Comfort Inn, Concordia Worldwide Hotel Reservations and Embassy Suites for temporary stays in the area.