Average Management Occupations Salary in Alaska
Management Occupations in Alaska command an impressive average annual salary of $129,630, which is notably below the national average of $143,930. This differential is often influenced by the unique economic landscape and operational demands inherent to working in Alaska, including logistical challenges and specialized industry needs that can impact compensation structures.
Executive Summary
- Average Salary: $129,630 per year.
- Growth Trend: Salaries have shifted 20.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $197,760.
- Outlook: With a substantial local workforce of 26,000 individuals in Management Occupations and a Location Quotient of 1.14, Alaska demonstrates a concentration of these roles that slightly exceeds the national average. This indicates a robust and somewhat specialized demand for management talent within the state, suggesting a stable job market for experienced professionals in this sector.
Salary Overview
The average Management Occupations in Alaska earns-9.9%below the national average.
$62.3
$2,493
$10,803
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Management Occupations in Alaska have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, evolving industry demands, and the increasing complexity of business operations likely contribute to a positive trajectory in compensation for these vital roles.
Management Occupations Salary Distribution in Alaska
The career path for Management Occupations in Alaska typically shows significant salary progression with experience. Entry-level positions might start considerably lower, while senior executives can command salaries well above the average. The widening gap between lower and higher salary percentiles underscores the substantial earning potential and career advancement opportunities available as professionals gain expertise and take on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $66,490 | $32 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $97,223 | $46.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $114,780 | $55.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $162,038 | $77.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $197,760 | $95.1 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$129,630
Gross Pay
Real Wage (Purchasing Power)
$102,393
Adjusted for COL (126.6)
While the average annual salary for Management Occupations in Alaska stands at $129,630, the state's Cost of Living Index of 126.6 presents a significant consideration. This means that the nominal salary offers less purchasing power compared to the national average, requiring careful budgeting and financial planning for individuals relocating to or residing in Alaska.
Job Market Context
26,000
Total Jobs
80.989
Per 1K Jobs
1.14
Location Quotient
With a location quotient of 1.14, Alaska has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.
Alaska's Location Quotient of 1.14 for Management Occupations signifies a slightly higher concentration of these jobs compared to the national average. This suggests that the market is relatively more robust or specialized in its demand for management professionals, potentially offering more opportunities or a competitive edge for those seeking employment in this field within the state.
Nearby Job Markets
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Alaska?
The median annual salary for a Management Occupations in Alaska is $129,630. This typically ranges from $66,490 for entry-level positions to $197,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Alaska is 9.9% lower than the national median of $143,930.
Is Alaska a lucrative place for Management Occupationss?
Yes, with caveats.Management Occupations in Alaska earn a high average salary of $129,630, exceeding many other professions, but the higher cost of living requires careful financial consideration.
Is Alaska a good place to live for Management Occupations?
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 salary for Management Occupations in Alaska is $129,630, which is $14,300 less than the national average of $143,930.
What is the Cost of Living in Alaska compared to the national average?
Alaska has a Cost of Living Index of 126.6, meaning it is 26.6% more expensive to live there than the national average (which is indexed at 100).
Is there a strong demand for Management Occupations in Alaska?
With a Location Quotient of 1.14, Alaska shows a slightly higher concentration of Management Occupations jobs than the national average, indicating a solid demand.
How many Management Occupations jobs are there per 1,000 workers in Alaska?
There are approximately 81 Management Occupations jobs per 1,000 workers in Alaska, reflecting the distribution of these roles within the state's workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 26,000 employees in the Alaska area with a job density of 80.989 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Management Occupations Salaries by State
Top Jobs in Alaska
- All Occupations Salary in Alaska
- Office and Administrative Support Occupations Salary in Alaska
- Transportation and Material Moving Occupations Salary in Alaska
- Food Preparation and Serving Related Occupations Salary in Alaska
- Management Occupations Salary in Alaska
- Sales and Related Occupations Salary in Alaska
- Construction and Extraction Occupations Salary in Alaska
- Healthcare Practitioners and Technical Occupations Salary in Alaska
- Educational Instruction and Library Occupations Salary in Alaska
- Installation, Maintenance, and Repair Occupations Salary in Alaska
- Browse All Jobs in Alaska →
Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Alaska