Career and Education Opportunities for Assessors in Laramie, Wyoming
There are many career and education opportunities for assessors in the Laramie, Wyoming area. Currently, 260 people work as assessors in Wyoming. This is expected to grow by 21% to about 320 people by 2016. This is better than the national trend for assessors, which sees this job pool growing by about 4.6% over the next eight years. Assessors generally appraise real and personal property to determine its fair value.
Assessors earn about $23 hourly or $49,880 annually on average in Wyoming and about $22 per hour or $47,370 per year on average nationally. Incomes for assessors are better than in the overall category of Accounting and Auditing in Wyoming, and not quite as good as the overall Accounting and Auditing category nationally. Jobs in this field include: multi-township assessor, tax appraiser, and appraiser.
There is one school within twenty-five miles of Laramie where you can study to be an assessor, among two schools of higher education total in the Laramie area. Given that the most common education level for assessors is a post-secondary certificate, 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 Laramie 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.
- 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 Wyoming - Laramie, WY
University of Wyoming, Corner of Ninth and Ivinson, Laramie, WY 82071. University of Wyoming is a large university located in Laramie, Wyoming. It is a public school with primarily 4-year or above programs. It has 11,920 students and an admission rate of 96%. University of Wyoming has a less than one year program in Real Estate which graduated thirty-two 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: Laramie, Wyoming
Laramie is located in Albany County, Wyoming. It has a population of over 27,523. The cost of living index in Laramie, 96, is near the national average. New single-family homes in Laramie are priced at $156,100 on average, which is well below the state average. In 2008, eighty-six new homes were built in Laramie, down from one hundred thirteen the previous year.
The three big industries for women in Laramie are educational services, health care, and accommodation and food services. For men, it is educational services, construction, and accommodation and food services. The average commute to work is about 12 minutes. More than 46.7% of Laramie residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 19.6%, is higher than the state average.
The unemployment rate in Laramie is 3.8%, which is less than Wyoming's average of 6.8%. About 22.6% of Laramie's residents are below the poverty line, which is worse than the state average.
The percentage of Laramie residents that are affiliated with a religious congregation, 37.4%, is less than both the national and state average. The most prominent religious groups are the Catholic Church, the LDS (Mormon) Church and the Evangelical Lutheran Church in America.
Shopping centers in the area include Campus Mall and Odd Fellows Shopping Center. Visitors to Laramie can choose from Holiday Inn, 1st Inn Gold and Woods Landing Store for temporary stays in the area.