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Average Management Occupations Salary in Fairbanks-College, AK

In Fairbanks-College, AK, professionals in Management Occupations can expect an average annual salary of $123,880. This figure is notably below the national average of $143,930, suggesting that while management roles are present, the compensation may be influenced by regional economic factors and the specific demands of the Alaskan market. The total local workforce in this sector comprises 2,450 individuals.

Executive Summary

  • Average Salary: $123,880 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $179,830.
  • Outlook: The management sector in Fairbanks-College, AK, shows a stable presence with a total local workforce of 2,450 individuals. The Location Quotient of 0.96 indicates that management occupations are employed at a rate very close to the national average, suggesting a consistent demand that aligns with broader economic trends. With 68.189 jobs per 1,000 workers, the market demonstrates a solid, albeit not exceptionally concentrated, level of opportunity for management professionals.
2024 Market Data

Salary Overview

$123,880

The average Management Occupations in Fairbanks-College, AK earns-13.9%below the national average.

BreakdownBased on 40h/week
Hourly

$59.6

Weekly

$2,382

Monthly

$10,323

Management Occupations Salary Distribution in Fairbanks-College, AK

Salary progression within management occupations in Fairbanks-College, AK, typically scales significantly with experience. Entry-level positions will command lower salaries, while senior leadership roles, requiring extensive expertise and strategic oversight, will reach considerably higher compensation levels. The percentile gaps between these experience tiers are indicative of the substantial career advancement and earning potential available to dedicated professionals in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$65,880$31.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$92,910$44.7
ManagerOversees team, compliance, and project delivery.50% (Median)$110,550$53.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$154,850$74.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$179,830$86.5

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$123,880

Gross Pay

Real Wage (Purchasing Power)

$123,880

Adjusted for COL (100)

The average annual salary of $123,880 in Fairbanks-College, AK, is perfectly balanced by the local Cost of Living Index, which stands at 100, matching the national average. This means that the purchasing power of a management professional's salary in Fairbanks-College is equivalent to that of someone earning the national average salary in a typical U.S. location, offering a stable financial foundation.

Job Market Context

2,450

Total Jobs

68.189

Per 1K Jobs

0.96

Location Quotient

Below Average

Fairbanks-College, AK has 0.96x the national average concentration of Management Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.96, the job market for management occupations in Fairbanks-College, AK, is nearly on par with the national average in terms of concentration. This suggests a competitive yet stable environment where demand for management talent is consistent with the size of the workforce. While not a significantly over-represented sector, the presence of management roles at this level indicates a healthy and functional local economy.

Nearby Job Markets

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Fairbanks-College, AK?

The median annual salary for a Management Occupations in Fairbanks-College, AK is $123,880. This typically ranges from $65,880 for entry-level positions to $179,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fairbanks-College, AK is 13.9% lower than the national median of $143,930.

Is Fairbanks-College, AK a lucrative place for Management Occupationss?

Yes, it offers a balanced financial environment.While the average salary is below the national average, the cost of living also matches the national average, resulting in equivalent purchasing power. The stable job market indicates consistent opportunities.

Is Fairbanks-College, AK a good place to live for Management 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 Fairbanks-College management salary compare to the national average?

The average annual salary for management occupations in Fairbanks-College, AK, is $123,880, which is lower than the national average of $143,930.

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

The cost of living index in Fairbanks-College, AK, is 100, which is exactly the same as the national average.

How concentrated are management occupations in Fairbanks-College, AK?

Management occupations have a Location Quotient of 0.96 in Fairbanks-College, AK, indicating a concentration very close to the national average.

What is the size of the management workforce in Fairbanks-College, AK?

There are 2,450 individuals employed in management occupations in Fairbanks-College, AK.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,450 employees in the Fairbanks-College, AK area with a job density of 68.189 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Fairbanks-College, AK