SalaryNode

Average Laborers and Freight, Stock, and Material Movers, Hand Salary in Fairbanks-College, AK

In Fairbanks-College, AK, Laborers and Freight, Stock, and Material Movers, Hand earn an average annual salary of $48,840. This figure notably surpasses the national average of $41,390, suggesting that the unique economic landscape and potentially higher operational costs in Alaska contribute to this elevated compensation. The demand for these essential roles in a geographically distinct region often translates to more competitive pay.

Executive Summary

  • Average Salary: $48,840 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $65,680.
  • Outlook: The local workforce for Laborers and Freight, Stock, and Material Movers, Hand in Fairbanks-College, AK, comprises approximately 330 individuals. While the Location Quotient of 0.47 indicates a lower concentration compared to the national average, the presence of 9.169 jobs per 1,000 workers suggests a steady, albeit not overwhelmingly dominant, demand for these services within the local economy.
2024 Market Data

Salary Overview

$48,840

The average Laborers and Freight, Stock, and Material Movers, Hand in Fairbanks-College, AK earns+18.0%above the national average.

BreakdownBased on 40h/week
Hourly

$23.5

Weekly

$939

Monthly

$4,070

Laborers and Freight, Stock, and Material Movers, Hand Salary Distribution in Fairbanks-College, AK

Career progression for Laborers and Freight, Stock, and Material Movers, Hand in Fairbanks-College, AK, typically sees salary increases with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior movers with specialized skills or supervisory responsibilities can command significantly higher earnings. The percentile gaps in salary distribution reflect these opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$36,880$17.7
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$36,630$17.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$44,040$21.2
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$61,050$29.4
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$65,680$31.6

Detailed Laborers and Freight, Stock, and Material Movers, Hand Market Analysis

Relocation Context

Nominal Salary

$48,840

Gross Pay

Real Wage (Purchasing Power)

$48,840

Adjusted for COL (100)

The average annual salary of $48,840 in Fairbanks-College, AK, aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that income is effectively on par with the rest of the country, offering no significant advantage or disadvantage in terms of affordability.

Job Market Context

330

Total Jobs

9.169

Per 1K Jobs

0.47

Location Quotient

Low Concentration

At 0.47x, Fairbanks-College, AK has a notably lower concentration of Laborers and Freight, Stock, and Material Movers, Hand jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.47, the job market for Laborers and Freight, Stock, and Material Movers, Hand in Fairbanks-College, AK, is less concentrated than the national average. This suggests that while the profession is present and necessary, it may not be as saturated as in other regions, potentially leading to a more balanced employer-employee dynamic and opportunities for those entering the field.

Nearby Job Markets

Hiring Laborers and Freight, Stock, and Material Movers, Hands?

Frequently Asked Questions

How much does a Laborers and Freight, Stock, and Material Movers, Hand make in Fairbanks-College, AK?

The median annual salary for a Laborers and Freight, Stock, and Material Movers, Hand in Fairbanks-College, AK is $48,840. This typically ranges from $36,880 for entry-level positions to $65,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fairbanks-College, AK is 18.0% higher than the national median of $41,390.

Is Fairbanks-College, AK a lucrative place for Laborers and Freight, Stock, and Material Movers, Hands?

Yes, with caveats.The average salary of $48,840 is higher than the national average, but the cost of living is also at the national average, meaning purchasing power is similar.

Is Fairbanks-College, AK a good place to live for Laborers and Freight, Stock, and Material Movers, Hands?

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

How does the salary compare to the national average?

The average annual salary for Laborers and Freight, Stock, and Material Movers, Hand in Fairbanks-College, AK is $48,840, which is higher than the national average of $41,390.

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

The cost of living in Fairbanks-College, AK is at the national average, indicated by a Cost of Living Index of 100.

How concentrated is the job market for movers in this area?

The job market is less concentrated than the national average, with a Location Quotient of 0.47, suggesting a moderate level of competition.

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

There are approximately 330 Laborers and Freight, Stock, and Material Movers, Hand 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 330 employees in the Fairbanks-College, AK area with a job density of 9.169 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Laborers and Freight, Stock, and Material Movers, Hand • Data source: BLS OEWS 2024 •Jobs in Fairbanks-College, AK