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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.
2024 Market Data

Salary Overview

$129,630

The average Management Occupations in Alaska earns-9.9%below the national average.

BreakdownBased on 40h/week
Hourly

$62.3

Weekly

$2,493

Monthly

$10,803

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 LevelMarket PercentileAnnual WageHourly 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

Above Average

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.