Average Management Occupations Salary in Anchorage, AK
In Anchorage, AK, professionals in Management Occupations can expect an average annual salary of $134,140. This figure is slightly below the national average of $143,930, a difference often influenced by regional economic factors and the specific demands of the Alaskan market. The unique operational landscape and business environment in Anchorage contribute to this localized compensation structure.
Executive Summary
- Average Salary: $134,140 per year.
- Growth Trend: Salaries have shifted 18.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $207,020.
- Outlook: The management sector in Anchorage demonstrates a robust presence, with a total local workforce of 13,900 individuals. The Location Quotient of 1.12 indicates a concentration of management roles slightly above the national average, suggesting a healthy and established demand for these positions within the region's economy.
Salary Overview
The average Management Occupations in Anchorage, AK earns-6.8%below the national average.
$64.5
$2,580
$11,178
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Management Occupations in Anchorage, mirroring national trends, have experienced steady growth over the past four years. This growth is typically driven by inflation, increased demand for skilled management professionals, and the evolving complexities of business operations.
Management Occupations Salary Distribution in Anchorage, AK
Salary progression within Management Occupations in Anchorage is significantly influenced by experience. Entry-level positions typically command salaries at the lower percentiles, while senior executives and highly experienced managers can earn substantially more, often reaching into the upper percentiles. These percentile gaps clearly signify the career progression and increased earning potential associated with accumulating expertise and leadership responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $67,210 | $32.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $100,605 | $48.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $119,150 | $57.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $167,675 | $80.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $207,020 | $99.5 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$134,140
Gross Pay
Real Wage (Purchasing Power)
$134,140
Adjusted for COL (100)
The average annual salary of $134,140 in Anchorage aligns perfectly with the local Cost of Living Index of 100, which is on par with the national average. This means that the purchasing power of a management professional's salary in Anchorage is equivalent to that of someone earning the national average in a typical U.S. city, offering stable financial footing.
Job Market Context
13,900
Total Jobs
79.567
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Anchorage, AK has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.
With a Location Quotient of 1.12, Anchorage exhibits a slightly higher concentration of Management Occupations compared to the national average. This suggests that the job market for managers is relatively competitive, with opportunities available, but perhaps requiring a slightly more specialized skill set or experience to stand out among the local talent pool.
Nearby Job Markets
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Anchorage, AK?
The median annual salary for a Management Occupations in Anchorage, AK is $134,140. This typically ranges from $67,210 for entry-level positions to $207,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Anchorage, AK is 6.8% lower than the national median of $143,930.
Is Anchorage, AK a lucrative place for Management Occupations?
Yes, with a stable cost of living.Anchorage offers a competitive average salary of $134,140 for Management Occupations, which holds strong purchasing power due to its national-average cost of living.
Is Anchorage, AK a good place to live for Management 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 management salary compare to the national average?
The average salary for Management Occupations in Anchorage is $134,140, which is slightly lower than the national average of $143,930.
What is the significance of the Location Quotient in Anchorage?
A Location Quotient of 1.12 indicates that management roles are slightly more concentrated in Anchorage than the national average, suggesting a healthy market presence.
How does the cost of living affect salary in Anchorage?
Anchorage's Cost of Living Index is 100, matching the national average, meaning the $134,140 salary has equivalent purchasing power to the national average salary in a typical U.S. city.
What is the total workforce size for Management Occupations in Anchorage?
There are approximately 13,900 individuals employed in Management Occupations within 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 13,900 employees in the Anchorage, AK area with a job density of 79.567 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Anchorage, AK