Average Construction Managers Salary in Anchorage, AK
Construction Managers in Anchorage, Alaska, command an impressive average annual salary of $157,190, significantly surpassing the national average of $119,770. This elevated compensation is likely driven by the unique logistical challenges and specialized demands of construction projects in Alaska, including its climate and remote terrain, which necessitate higher pay to attract and retain skilled professionals.
Executive Summary
- Average Salary: $157,190 per year.
- Growth Trend: Salaries have shifted 55.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $233,680.
- Outlook: The construction management job market in Anchorage, AK, appears robust, with a local workforce of 780 professionals. The location quotient of 1.96 indicates a concentration of these roles nearly double the national average, suggesting strong local demand and a significant presence of construction management expertise within the region.
Salary Overview
The average Construction Managers in Anchorage, AK earns+31.2%above the national average.
$75.6
$3,023
$13,099
Construction Managers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Construction Managers in Anchorage have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increased project complexity, and a sustained demand for infrastructure development likely contribute to an upward trajectory in compensation for these vital roles.
Construction Managers Salary Distribution in Anchorage, AK
Career progression for Construction Managers in Anchorage significantly impacts earning potential. Entry-level positions typically start lower, but with accumulated experience and a proven track record, professionals can advance to senior roles commanding higher salaries. The percentile gaps in salary distribution, though not detailed here, would signify substantial increases as one moves from the 25th percentile towards the 75th and 90th percentiles, reflecting increased responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $100,440 | $48.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $117,893 | $56.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $136,400 | $65.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $196,488 | $94.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $233,680 | $112.3 |
Detailed Construction Managers Market Analysis
Relocation Context
Nominal Salary
$157,190
Gross Pay
Real Wage (Purchasing Power)
$157,190
Adjusted for COL (100)
The nominal average annual salary of $157,190 in Anchorage, AK, holds considerable purchasing power, especially given the local Cost of Living Index is exactly at the national average of 100. This means that while the salary is substantially higher than the national average, the cost of goods and services remains comparable, allowing for a strong real income.
Job Market Context
780
Total Jobs
4.435
Per 1K Jobs
1.96
Location Quotient
Anchorage, AK has 2.0x the national concentration of Construction Managers 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 1.96, Anchorage, AK, demonstrates a highly concentrated market for Construction Managers relative to the rest of the United States. This suggests that the demand for these professionals is proportionally higher in Anchorage than the national average, potentially leading to a more competitive environment for employers seeking talent, and greater opportunities for skilled managers.
Nearby Job Markets
Hiring Construction Managerss?
Frequently Asked Questions
How much does a Construction Managers make in Anchorage, AK?
The median annual salary for a Construction Managers in Anchorage, AK is $157,190. This typically ranges from $100,440 for entry-level positions to $233,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Anchorage, AK is 31.2% higher than the national median of $119,770.
Is Anchorage, AK a lucrative place for Construction Managers?
Yes, Anchorage, AK is a lucrative place for Construction Managers.Construction Managers in Anchorage earn an average of $157,190 annually, significantly above the national average, while maintaining a cost of living on par with the national index.
Is Anchorage, AK a good place to live for Construction Managers?
The Cost of Living Index in Anchorage, AK is 100. While higher than average, this often correlates with higher wages.
How does the Anchorage construction manager salary compare to the national average?
The average annual salary for Construction Managers in Anchorage, AK, is $157,190, which is substantially higher than the national average of $119,770.
What is the concentration of Construction Managers in Anchorage?
Anchorage has a concentration of Construction Managers indicated by a Location Quotient of 1.96, meaning the presence of these roles is nearly double the national average.
Does the cost of living in Anchorage affect the value of the salary?
No, the cost of living in Anchorage is at the national average (index of 100), meaning the higher nominal salary translates directly into strong purchasing power.
How many Construction Managers are there in Anchorage?
There are approximately 780 Construction Managers employed in the Anchorage, 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 780 employees in the Anchorage, AK area with a job density of 4.435 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Construction Managers Salaries by State
Top Jobs in Anchorage, AK
- All Occupations Salary in Anchorage, AK
- Office and Administrative Support Occupations Salary in Anchorage, AK
- Transportation and Material Moving Occupations Salary in Anchorage, AK
- Food Preparation and Serving Related Occupations Salary in Anchorage, AK
- Management Occupations Salary in Anchorage, AK
- Healthcare Practitioners and Technical Occupations Salary in Anchorage, AK
- Sales and Related Occupations Salary in Anchorage, AK
- Construction and Extraction Occupations Salary in Anchorage, AK
- Installation, Maintenance, and Repair Occupations Salary in Anchorage, AK
- Healthcare Support Occupations Salary in Anchorage, AK
- Browse All Jobs in Anchorage, AK →
Semantic Salary Analysis for Construction Managers • Data source: BLS OEWS 2024 •Jobs in Anchorage, AK