Career and Education Opportunities for Assessors in Columbia, South Carolina
Columbia, South Carolina provides a wide variety of opportunities, both career and educational, for assessors. The national trend for assessors 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.
A person working as an assessor can expect to earn about $18 hourly or $37,610 per year on average in South Carolina and about $22 per hour or $47,370 annually on average in the U.S. as a whole. Assessors earn less than people working in the category of Accounting and Auditing generally in South Carolina and less than people in the Accounting and Auditing category nationally. Assessors work in a variety of jobs, including: director of assessing, auditor appraiser, and real estate appraiser.
There is one school within twenty-five miles of Columbia where you can study to be an assessor, among twenty schools of higher education total in the Columbia area. 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 Columbia 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.
- 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.
- 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 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
University of South Carolina-Columbia - Columbia, SC
University of South Carolina-Columbia, , Columbia, SC 29208. University of South Carolina-Columbia is a large university located in Columbia, South Carolina. It is a public school with primarily 4-year or above programs. It has 27,500 students and an admission rate of 59%. University of South Carolina-Columbia has a bachelor's degree program in Real Estate which graduated forty-six students 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: Columbia, South Carolina
Columbia is located in Richland County, South Carolina. It has a population of over 127,029, which has grown by 9.2% over the last ten years. The cost of living index in Columbia, 86, is well below the national average. New single-family homes in Columbia cost $142,700 on average, which is well below the state average. In 2008, four hundred thirty-four new homes were built in Columbia, down from seven hundred the previous year.
The three most popular industries for women in Columbia are educational services, health care, and public administration. For men, it is educational services, public administration, and accommodation and food services. The average commute to work is about 18 minutes. More than 35.7% of Columbia residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 14.3%, is higher than the state average.
The unemployment rate in Columbia is 16.1%, which is greater than South Carolina's average of 12.0%.
The percentage of Columbia residents that are affiliated with a religious congregation, 41.6%, is less than both the national and state average. Progressive Church, Bishop Memorial African Methodist Episcopal Church and Lutheran Seminary are among the churches located in Columbia. The largest religious groups are the Southern Baptist Convention, the United Methodist Church and the Catholic Church.
Columbia is home to the Booker T Washington Center and the Longstreet Annex as well as Irwin Park and Columbia Historic District II. Shopping centers in the area include Five Points Shopping Center, Market Place Shopping Center and Columbiana Centre Shopping Center. Visitors to Columbia can choose from Marriott Columbia, Hampton Inn Columbia-SE-Fort Jackson and Embassy Suites Hotel for temporary stays in the area.