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Average Heavy and Tractor-Trailer Truck Drivers Salary in Fairbanks-College, AK

Heavy and Tractor-Trailer Truck Drivers in Fairbanks-College, AK, command an impressive average annual salary of $69,430. This figure significantly surpasses the national average of $58,380, indicating a strong demand for these essential logistics professionals in the region. The unique geographical and economic landscape of Alaska likely contributes to this elevated compensation.

Executive Summary

  • Average Salary: $69,430 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $77,390.
  • Outlook: With a local workforce of 610 Heavy and Tractor-Trailer Truck Drivers, Fairbanks-College demonstrates a notable concentration of these roles, as evidenced by a Location Quotient of 1.26. This suggests that the demand for truck drivers in this area is higher than the national average, pointing towards a robust and potentially growing job market for this profession.
2024 Market Data

Salary Overview

$69,430

The average Heavy and Tractor-Trailer Truck Drivers in Fairbanks-College, AK earns+18.9%above the national average.

BreakdownBased on 40h/week
Hourly

$33.4

Weekly

$1,335

Monthly

$5,786

Heavy and Tractor-Trailer Truck Drivers Salary Distribution in Fairbanks-College, AK

Career progression for Heavy and Tractor-Trailer Truck Drivers in Fairbanks-College, AK, typically correlates with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command salaries well above the average. The salary distribution, often represented by percentiles, clearly illustrates this upward trajectory, with senior drivers earning significantly more.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$51,340$24.7
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$52,073$25
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$73,540$35.4
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$86,788$41.7
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$77,390$37.2

Detailed Heavy and Tractor-Trailer Truck Drivers Market Analysis

Relocation Context

Nominal Salary

$69,430

Gross Pay

Real Wage (Purchasing Power)

$69,430

Adjusted for COL (100)

The average annual salary of $69,430 in Fairbanks-College, AK, aligns perfectly with the national average cost of living, which is indexed at 100. This means that while drivers are earning more than the national average, their purchasing power is comparable to that of drivers in other parts of the country. This balance suggests that the higher nominal wages are effectively offset by local living expenses.

Job Market Context

610

Total Jobs

16.89

Per 1K Jobs

1.26

Location Quotient

Above Average

With a location quotient of 1.26, Fairbanks-College, AK has a slightly higher-than-average concentration of Heavy and Tractor-Trailer Truck Drivers roles compared to the national norm.

The Location Quotient of 1.26 for Heavy and Tractor-Trailer Truck Drivers in Fairbanks-College, AK, signifies a higher concentration of these jobs compared to the national average. This indicates a competitive market where employers may need to offer attractive compensation to secure skilled drivers, and job seekers may find a good number of opportunities available within the region.

Nearby Job Markets

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Frequently Asked Questions

How much does a Heavy and Tractor-Trailer Truck Drivers make in Fairbanks-College, AK?

The median annual salary for a Heavy and Tractor-Trailer Truck Drivers in Fairbanks-College, AK is $69,430. This typically ranges from $51,340 for entry-level positions to $77,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fairbanks-College, AK is 18.9% higher than the national median of $58,380.

Is Fairbanks-College, AK a lucrative place for Heavy and Tractor-Trailer Truck Drivers?

Yes, Fairbanks-College, AK offers a lucrative environment for Heavy and Tractor-Trailer Truck Drivers.Drivers here earn approximately $11,000 more annually than the national average, with a cost of living that matches the national index, providing strong purchasing power.

Is Fairbanks-College, AK a good place to live for Heavy and Tractor-Trailer Truck Drivers?

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

What is the average salary for a Heavy and Tractor-Trailer Truck Driver in Fairbanks-College, AK?

The average annual salary for a Heavy and Tractor-Trailer Truck Driver in Fairbanks-College, AK is $69,430.

How does the salary compare to the national average?

The average salary in Fairbanks-College, AK ($69,430) is significantly higher than the national average salary of $58,380.

What is the cost of living in Fairbanks-College, AK?

The cost of living in Fairbanks-College, AK is indexed at 100, which is the national average.

How concentrated are truck driver jobs in Fairbanks-College, AK?

Fairbanks-College, AK has a higher concentration of Heavy and Tractor-Trailer Truck Driver jobs than the national average, with a Location Quotient of 1.26.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 610 employees in the Fairbanks-College, AK area with a job density of 16.89 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Heavy and Tractor-Trailer Truck Drivers • Data source: BLS OEWS 2024 •Jobs in Fairbanks-College, AK