Average Installation, Maintenance, and Repair Occupations Salary in Anchorage, AK
In Anchorage, Alaska, professionals in Installation, Maintenance, and Repair Occupations earn an impressive average annual salary of $74,900. This figure significantly surpasses the national average of $61,410, indicating a strong demand and potentially higher operational costs or specialized skill requirements within the Alaskan market that drive this elevated compensation.
Executive Summary
- Average Salary: $74,900 per year.
- Growth Trend: Salaries have shifted 19.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,250.
- Outlook: The job market for Installation, Maintenance, and Repair Occupations in Anchorage presents a robust outlook, supported by a substantial local workforce of 9,100 individuals. The location quotient of 1.33 suggests that this sector is more concentrated in Anchorage than the national average, implying a consistent and potentially growing demand for these skilled professionals within the region.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Anchorage, AK earns+22.0%above the national average.
$36
$1,440
$6,242
Installation, Maintenance, and Repair Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Installation, Maintenance, and Repair Occupations in Anchorage have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for skilled trades, and regional economic development likely contribute to a positive trajectory in compensation for these essential roles.
Installation, Maintenance, and Repair Occupations Salary Distribution in Anchorage, AK
Career progression within Installation, Maintenance, and Repair Occupations in Anchorage offers significant earning potential. Entry-level positions typically start at a lower percentile of the salary range, while seasoned professionals with extensive experience and specialized certifications can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles underscores the value placed on expertise and longevity in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $39,990 | $19.2 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $56,175 | $27 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $74,330 | $35.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $93,625 | $45 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $106,250 | $51.1 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$74,900
Gross Pay
Real Wage (Purchasing Power)
$74,900
Adjusted for COL (100)
For individuals considering a move to Anchorage, the nominal average salary of $74,900 for Installation, Maintenance, and Repair Occupations aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of an Anchorage-based salary in this field is equivalent to the national average, offering a stable financial foundation without the immediate pressure of higher living expenses.
Job Market Context
9,100
Total Jobs
52.063
Per 1K Jobs
1.33
Location Quotient
With a location quotient of 1.33, Anchorage, AK has a slightly higher-than-average concentration of Installation, Maintenance, and Repair Occupations roles compared to the national norm.
With a Location Quotient of 1.33, Anchorage demonstrates a higher concentration of Installation, Maintenance, and Repair Occupations compared to the national average. This suggests a competitive yet potentially abundant job market, where employers may actively seek skilled individuals to fill roles that are integral to the local economy and infrastructure.
Nearby Job Markets
Hiring Installation, Maintenance, and Repair Occupationss?
Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Anchorage, AK?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Anchorage, AK is $74,900. This typically ranges from $39,990 for entry-level positions to $106,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Anchorage, AK is 22.0% higher than the national median of $61,410.
Is Anchorage, AK a lucrative place for Installation, Maintenance, and Repair Occupationss?
Yes, Anchorage, AK is a lucrative location for these roles.The average salary of $74,900 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Anchorage, AK a good place to live for Installation, Maintenance, and Repair Occupations?
The Cost of Living Index in Anchorage, AK is 100. While higher than average, this often correlates with higher wages.
How does the Anchorage job market compare nationally for this sector?
Anchorage has a higher concentration of Installation, Maintenance, and Repair Occupations professionals than the national average, as indicated by a location quotient of 1.33.
What is the average salary for Installation, Maintenance, and Repair Occupations in Anchorage?
The average annual salary for Installation, Maintenance, and Repair Occupations in Anchorage, AK is $74,900.
How does the cost of living in Anchorage affect the salary?
The cost of living in Anchorage is exactly at the national average (100), meaning the $74,900 salary offers purchasing power equivalent to the national average.
What is the total number of workers in this field in Anchorage?
There are approximately 9,100 individuals employed in Installation, Maintenance, and Repair Occupations in Anchorage, AK.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,100 employees in the Anchorage, AK area with a job density of 52.063 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Installation, Maintenance, and Repair Occupations • Data source: BLS OEWS 2024 •Jobs in Anchorage, AK