SalaryNode

Average All Occupations Salary in Alaska

In Alaska, the average annual salary for all occupations stands at a robust $72,810, significantly surpassing the national average of $67,140. This elevated compensation is often a reflection of the unique economic landscape and operational demands inherent to the state, which can include factors like remoteness and specialized industry needs.

Executive Summary

  • Average Salary: $72,810 per year.
  • Growth Trend: Salaries have shifted 17.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,680.
  • Outlook: With a total local workforce of 321,040 individuals, Alaska demonstrates a substantial labor market. The location quotient of 1 indicates that the concentration of jobs across all occupations in Alaska is precisely in line with the national average, suggesting a stable and balanced demand for labor relative to the size of its workforce.
2024 Market Data

Salary Overview

$72,810

The average All Occupations in Alaska earns+8.4%above the national average.

BreakdownBased on 40h/week
Hourly

$35

Weekly

$1,400

Monthly

$6,068

All Occupations Salary Distribution in Alaska

Salary progression in Alaska, as elsewhere, is typically tied to experience. Entry-level positions will naturally command lower salaries, while senior and highly specialized roles can see compensation increase substantially. The widening gap between entry-level and senior salaries signifies clear opportunities for career advancement and increased earning potential within the state.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$34,060$16.4
ExperiencedProficient professional working independently.25% (Junior)$54,608$26.3
Mid-LevelEstablished expert. Standard market value.50% (Median)$59,400$28.6
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$91,013$43.8
Top TierIndustry leader / Executive level compensation.90% (Expert)$126,680$60.9

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$72,810

Gross Pay

Real Wage (Purchasing Power)

$57,512

Adjusted for COL (126.6)

While Alaska's average salary of $72,810 appears attractive, the local Cost of Living Index of 126.6 (meaning it's 26.6% higher than the national average) requires careful consideration. This higher cost of living effectively reduces the purchasing power of the nominal salary, meaning that $72,810 in Alaska may not stretch as far as it would in a more affordable region.

Job Market Context

321,040

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Alaska has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A location quotient of 1 for all occupations in Alaska signifies that the state's employment landscape mirrors the national distribution of these jobs. This suggests neither an oversupply nor a significant undersupply of workers relative to the national average, indicating a competitive yet accessible job market for a broad range of professions.

Nearby Job Markets

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Alaska?

The median annual salary for a All Occupations in Alaska is $72,810. This typically ranges from $34,060 for entry-level positions to $126,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Alaska is 8.4% higher than the national median of $67,140.

Is Alaska a lucrative place for All Occupationss?

Yes, with caveats.Alaska offers a higher average salary than the national average, but this is offset by a significantly higher cost of living, requiring careful financial planning.

Is Alaska a good place to live for All Occupations?

The Cost of Living Index in Alaska is 126.6. While higher than average, this often correlates with higher wages.

How does Alaska's average salary compare to the national average?

Alaska's average annual salary of $72,810 is notably higher than the national average of $67,140.

What is the Cost of Living Index in Alaska?

The Cost of Living Index in Alaska is 126.6, which is 26.6% higher than the national average of 100.

How large is the workforce in Alaska?

Alaska has a total local workforce of 321,040 individuals.

What does a Location Quotient of 1 mean for Alaska?

A Location Quotient of 1 indicates that the concentration of jobs for all occupations in Alaska is the same as the national average, suggesting a balanced job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 321,040 employees in the Alaska area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.