Average Construction Laborers Salary in Fairbanks-College, AK
Construction Laborers in Fairbanks-College, AK, command an impressive average annual salary of $65,850, significantly outpacing the national average of $51,280. This elevated compensation is largely driven by the unique demands and logistical challenges inherent to working in Alaska, including a shorter construction season and the need for specialized skills to handle the climate and terrain.
Executive Summary
- Average Salary: $65,850 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $84,710.
- Outlook: The job market for Construction Laborers in Fairbanks-College, AK, appears robust, supported by a local workforce of 380 individuals. The location quotient of 1.52 indicates a higher concentration of these roles compared to the national average, suggesting sustained demand and a healthy job market for skilled laborers in the region.
Salary Overview
The average Construction Laborers in Fairbanks-College, AK earns+28.4%above the national average.
$31.7
$1,266
$5,488
Construction Laborers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Construction Laborers in Fairbanks-College, AK, have experienced steady growth over the past four years. Factors such as inflation, increasing material costs, and a consistent demand for infrastructure development in Alaska likely contribute to this upward salary trend.
Construction Laborers Salary Distribution in Fairbanks-College, AK
Salary progression for Construction Laborers in Fairbanks-College, AK, typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $44,150 | $21.2 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $49,388 | $23.7 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $61,740 | $29.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $82,313 | $39.6 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $84,710 | $40.7 |
Detailed Construction Laborers Market Analysis
Relocation Context
Nominal Salary
$65,850
Gross Pay
Real Wage (Purchasing Power)
$65,850
Adjusted for COL (100)
The nominal average annual salary of $65,850 in Fairbanks-College, AK, is particularly attractive given the local Cost of Living Index is exactly at the national average of 100. This means that the higher wages earned by Construction Laborers translate directly into strong purchasing power, making the area financially appealing for those in the trade.
Job Market Context
380
Total Jobs
10.442
Per 1K Jobs
1.52
Location Quotient
Fairbanks-College, AK has 1.5x the national concentration of Construction Laborers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a location quotient of 1.52, Fairbanks-College, AK, demonstrates a significantly higher concentration of Construction Laborer jobs than the national average. This suggests a competitive market where demand for these skilled workers is notably strong, potentially leading to more job opportunities and better negotiation power for experienced laborers.
Nearby Job Markets
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Frequently Asked Questions
How much does a Construction Laborers make in Fairbanks-College, AK?
The median annual salary for a Construction Laborers in Fairbanks-College, AK is $65,850. This typically ranges from $44,150 for entry-level positions to $84,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fairbanks-College, AK is 28.4% higher than the national median of $51,280.
Is Fairbanks-College, AK a lucrative place for Construction Laborerss?
Yes, Fairbanks-College, AK is a lucrative location for Construction Laborers.Construction Laborers in Fairbanks-College earn an average of $65,850 annually, significantly above the national average, while maintaining a cost of living at the national benchmark.
Is Fairbanks-College, AK a good place to live for Construction Laborers?
The Cost of Living Index in Fairbanks-College, AK is 100. While higher than average, this often correlates with higher wages.
How does the salary compare to the national average?
Construction Laborers in Fairbanks-College, AK, earn an average of $65,850 annually, which is approximately 28% higher than the national average salary of $51,280.
What is the cost of living in Fairbanks-College, AK?
The cost of living in Fairbanks-College, AK, is at the national average, with an index of 100. This means that the higher salaries offer excellent purchasing power.
How concentrated are Construction Laborer jobs in Fairbanks-College, AK?
The concentration of Construction Laborer jobs in Fairbanks-College, AK, is 1.52 times the national average, indicating a higher demand relative to the general workforce.
What is the total number of Construction Laborers in Fairbanks-College, AK?
There are approximately 380 Construction Laborers employed in the Fairbanks-College, AK area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Fairbanks-College, AK area with a job density of 10.442 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Construction Laborers • Data source: BLS OEWS 2024 •Jobs in Fairbanks-College, AK