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Average Industrial Engineers Salary in Alaska

Industrial Engineers in Alaska command an impressive average annual salary of $147,060, substantially exceeding the national average of $107,860. This elevated compensation is likely driven by Alaska's unique logistical challenges, remote operational environments, and potentially higher demand for specialized engineering expertise to manage complex projects in demanding conditions.

Executive Summary

  • Average Salary: $147,060 per year.
  • Growth Trend: Salaries have shifted 5.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $212,750.
  • Outlook: With a total local workforce of 230 Industrial Engineers, the market in Alaska presents a niche but potentially stable environment. The Location Quotient of 0.31 suggests a lower concentration compared to the national average, indicating that while the absolute number of professionals is modest, the demand might be specialized and less saturated than in more populous states.
2024 Market Data

Salary Overview

$147,060

The average Industrial Engineers in Alaska earns+36.3%above the national average.

BreakdownBased on 40h/week
Hourly

$70.7

Weekly

$2,828

Monthly

$12,255

Industrial Engineers Salary Distribution in Alaska

Career progression for Industrial Engineers in Alaska typically correlates with experience, leading to significant salary increases. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project management and problem-solving expertise can command salaries in the upper percentiles, reflecting their value in optimizing complex industrial processes.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$73,470$35.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$110,295$53
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$142,980$68.7
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$183,825$88.4
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$212,750$102.3

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$147,060

Gross Pay

Real Wage (Purchasing Power)

$116,161

Adjusted for COL (126.6)

The nominal average salary of $147,060 in Alaska appears highly attractive when initially viewed. However, the local Cost of Living Index stands at 126.6, meaning expenses are approximately 26.6% higher than the national average. This suggests that while the gross income is substantial, the purchasing power of that salary will be somewhat diminished by the higher cost of goods and services in the state.

Job Market Context

230

Total Jobs

0.704

Per 1K Jobs

0.31

Location Quotient

Low Concentration

At 0.31x, Alaska has a notably lower concentration of Industrial Engineers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.31 for Industrial Engineers in Alaska indicates a lower concentration of these professionals relative to the national average. This suggests that the job market may not be saturated, potentially offering good opportunities for skilled engineers. However, it also implies that the demand might be more specialized, requiring engineers with specific skill sets relevant to Alaska's unique industries.

Nearby Job Markets

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Alaska?

The median annual salary for a Industrial Engineers in Alaska is $147,060. This typically ranges from $73,470 for entry-level positions to $212,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Alaska is 36.3% higher than the national median of $107,860.

Is Alaska a lucrative place for Industrial Engineers?

Yes, Alaska offers a lucrative environment for Industrial Engineers.Industrial Engineers in Alaska earn significantly more than the national average, with a high nominal salary. Despite a higher cost of living, the substantial salary differential suggests strong earning potential.

Is Alaska a good place to live for Industrial Engineers?

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

How does the Alaska salary compare to the national average?

The average annual salary for Industrial Engineers in Alaska is $147,060, which is considerably higher than the national average of $107,860.

What is the concentration of Industrial Engineers in Alaska?

Alaska has a lower concentration of Industrial Engineers compared to the national average, with a Location Quotient of 0.31.

How does the cost of living affect the salary in Alaska?

Alaska's Cost of Living Index is 126.6, meaning it is more expensive to live there than the national average. This higher cost of living offsets some of the benefit of the higher nominal salary.

What does the low Location Quotient imply for job seekers?

A low Location Quotient (0.31) suggests fewer Industrial Engineers are present in Alaska relative to the nation, which could mean less competition for specialized roles but also potentially a smaller overall 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 230 employees in the Alaska area with a job density of 0.704 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Industrial Engineers • Data source: BLS OEWS 2024 •Jobs in Alaska