Title Abstractor salary in Iceland

Average Yearly Salary of Title Abstractor in Iceland is approximately 7,906,314 ISK (55,500 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Title Abstractor do?

An abstractor is a professional who examines and researches public records to gather information about a property's history and legal status. They review documents such as deeds, mortgages, liens, judgments, and easements to create an abstract or summary report that outlines the property's ownership and any encumbrances. This information is crucial for real estate transactions, as it helps ensure that the property is free of any potential issues or claims. The abstractor must have excellent attention to detail, strong research skills, and a thorough understanding of property laws and regulations. They often work closely with attorneys, real estate agents, and title companies to provide accurate and reliable information. The abstractor may also need to visit courthouses and other public offices to access and review relevant documents.

Skills: Abstractor, Title research, Property history, Public records, Real estate transactions, Legal encumbrances.
Job industry: Real estate

How much does Title Abstractor make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Title Abstractor a well paid job?

Yes, our data show that Title Abstractor is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Title Abstractor?

High salary for Title Abstractor would be somewhere between 8,696,945 ISK and 11,464,155 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Title Abstractor in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 7,906,314 ISK
Estimated Monthly Salary: 658,860 ISK
Estimated Weekly Salary: 152,045 ISK per week
Estimated Hourly Salary: 3,801 ISK per hour
By working as Title Abstractor a person can save up to 1,896 USD per month or 22,754 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Title Abstractor

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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