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Average Electricians Salary in Fairbanks-College, AK

Electricians in Fairbanks-College, AK, command an impressive average annual salary of $83,810, significantly outpacing the national average of $69,280. This elevated compensation is likely driven by the unique demands and operational costs associated with working in Alaska, including potential challenges related to climate and logistics, which necessitate higher pay to attract and retain skilled professionals.

Executive Summary

  • Average Salary: $83,810 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,740.
  • Outlook: The electrician job market in Fairbanks-College, AK, demonstrates a healthy concentration, with a Location Quotient of 1.54 indicating a presence nearly 54% denser than the national average. Supported by a local workforce of 270 electricians, this suggests a robust and stable demand for these essential tradespeople within the region.
2024 Market Data

Salary Overview

$83,810

The average Electricians in Fairbanks-College, AK earns+21.0%above the national average.

BreakdownBased on 40h/week
Hourly

$40.3

Weekly

$1,612

Monthly

$6,984

Electricians Salary Distribution in Fairbanks-College, AK

The earning potential for electricians in Fairbanks-College, AK, scales considerably with experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command salaries well above the average. The percentile gaps in salary distribution clearly signify the career progression and increased earning capacity available as one advances in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$57,520$27.7
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$62,858$30.2
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$93,710$45.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$104,763$50.4
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$98,740$47.5

Detailed Electricians Market Analysis

Relocation Context

Nominal Salary

$83,810

Gross Pay

Real Wage (Purchasing Power)

$83,810

Adjusted for COL (100)

An average electrician salary of $83,810 in Fairbanks-College, AK, is perfectly aligned with the local cost of living, which stands at the national average of 100. This means that the purchasing power of an electrician's income in this Alaskan city is equivalent to that of an electrician earning the national average in a typical U.S. city, offering a stable financial foundation.

Job Market Context

270

Total Jobs

7.426

Per 1K Jobs

1.54

Location Quotient

Major Hub

Fairbanks-College, AK has 1.5x the national concentration of Electricians 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 1.54, Fairbanks-College, AK, exhibits a notably higher concentration of electricians compared to the national average. This suggests a strong local demand for electrical services and a potentially competitive market where skilled professionals are highly valued and sought after.

Nearby Job Markets

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Frequently Asked Questions

How much does a Electricians make in Fairbanks-College, AK?

The median annual salary for a Electricians in Fairbanks-College, AK is $83,810. This typically ranges from $57,520 for entry-level positions to $98,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fairbanks-College, AK is 21.0% higher than the national median of $69,280.

Is Fairbanks-College, AK a lucrative place for Electricianss?

Yes, Fairbanks-College, AK is a lucrative location for electricians.Electricians in Fairbanks-College, AK, earn an average of $83,810 annually, significantly above the national average, while maintaining a cost of living that matches the national index.

Is Fairbanks-College, AK a good place to live for Electricians?

The Cost of Living Index in Fairbanks-College, AK is 100. While higher than average, this often correlates with higher wages.

How does the electrician salary in Fairbanks-College, AK compare to the national average?

The average annual salary for electricians in Fairbanks-College, AK, is $83,810, which is considerably higher than the national average of $69,280.

What is the concentration of electricians in Fairbanks-College, AK?

Fairbanks-College, AK, has a higher concentration of electricians than the national average, indicated by a Location Quotient of 1.54.

How does the cost of living in Fairbanks-College, AK affect electrician salaries?

The cost of living in Fairbanks-College, AK, is exactly at the national average (100), meaning the higher nominal salary of $83,810 provides purchasing power equivalent to the national average.

What is the total number of electricians employed in Fairbanks-College, AK?

There are approximately 270 electricians 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 270 employees in the Fairbanks-College, AK area with a job density of 7.426 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Electricians • Data source: BLS OEWS 2024 •Jobs in Fairbanks-College, AK