SalaryNode

Average Installation, Maintenance, and Repair Occupations Salary in Fairbanks-College, AK

In Fairbanks-College, AK, professionals in Installation, Maintenance, and Repair Occupations command an impressive average annual salary of $75,130. This figure significantly outpaces the national average of $61,410, suggesting that the unique economic landscape and demand within this Alaskan locale contribute to higher compensation for these essential roles.

Executive Summary

  • Average Salary: $75,130 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $105,460.
  • Outlook: The job market for Installation, Maintenance, and Repair Occupations in Fairbanks-College, AK, appears robust, with a local workforce of 2,380 individuals. The concentration, indicated by a Location Quotient of 1.68, suggests a demand for these skills that is substantially higher than the national average, pointing towards a stable and potentially growing job market.
2024 Market Data

Salary Overview

$75,130

The average Installation, Maintenance, and Repair Occupations in Fairbanks-College, AK earns+22.3%above the national average.

BreakdownBased on 40h/week
Hourly

$36.1

Weekly

$1,445

Monthly

$6,261

Installation, Maintenance, and Repair Occupations Salary Distribution in Fairbanks-College, AK

Career progression within Installation, Maintenance, and Repair Occupations in Fairbanks-College, AK, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior technicians and specialized roles can command salaries well above the average. The percentile gaps in earnings clearly signify distinct levels of expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$41,600$20
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$56,348$27.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$74,820$36
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$93,913$45.2
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$105,460$50.7

Detailed Installation, Maintenance, and Repair Occupations Market Analysis

Relocation Context

Nominal Salary

$75,130

Gross Pay

Real Wage (Purchasing Power)

$75,130

Adjusted for COL (100)

The nominal average annual salary of $75,130 in Fairbanks-College, AK, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the salary is equivalent to the national average, allowing residents to maintain a comparable standard of living without the added financial strain often associated with higher-paying, high-cost-of-living areas.

Job Market Context

2,380

Total Jobs

66.037

Per 1K Jobs

1.68

Location Quotient

Major Hub

Fairbanks-College, AK has 1.7x the national concentration of Installation, Maintenance, and Repair Occupations 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 1.68, Fairbanks-College, AK, demonstrates a notable concentration of Installation, Maintenance, and Repair Occupations compared to the rest of the nation. This indicates a higher demand for these specialized skills relative to the general workforce, suggesting a competitive market where skilled professionals are highly valued.

Nearby Job Markets

Hiring Installation, Maintenance, and Repair Occupationss?

Frequently Asked Questions

How much does a Installation, Maintenance, and Repair Occupations make in Fairbanks-College, AK?

The median annual salary for a Installation, Maintenance, and Repair Occupations in Fairbanks-College, AK is $75,130. This typically ranges from $41,600 for entry-level positions to $105,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fairbanks-College, AK is 22.3% higher than the national median of $61,410.

Is Fairbanks-College, AK a lucrative place for Installation, Maintenance, and Repair Occupationss?

Yes, Fairbanks-College, AK is a lucrative location for these roles.The average salary of $75,130 significantly exceeds the national average, and the cost of living is on par with the national average, offering strong purchasing power.

Is Fairbanks-College, AK a good place to live for Installation, Maintenance, and Repair Occupations?

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

How does the local salary compare to the national average?

The average annual salary for Installation, Maintenance, and Repair Occupations in Fairbanks-College, AK is $75,130, which is substantially higher than the national average of $61,410.

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

The cost of living in Fairbanks-College, AK is exactly at the national average, with an index of 100.

How concentrated are these jobs in Fairbanks-College, AK?

These occupations are more concentrated in Fairbanks-College, AK than the national average, with a Location Quotient of 1.68, indicating higher demand.

What is the total number of workers in this field locally?

There are approximately 2,380 individuals employed in Installation, Maintenance, and Repair Occupations within 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 2,380 employees in the Fairbanks-College, AK area with a job density of 66.037 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Installation, Maintenance, and Repair Occupations • Data source: BLS OEWS 2024 •Jobs in Fairbanks-College, AK