Average Medical Assistants Salary in Fairbanks-College, AK
Medical Assistants in Fairbanks-College, AK, command an impressive average annual salary of $58,400, significantly outpacing the national average of $44,590. This elevated compensation is often driven by the unique economic factors and potentially higher operational costs associated with providing healthcare services in Alaska.
Executive Summary
- Average Salary: $58,400 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,140.
- Outlook: With a local workforce of 260 Medical Assistants and a Location Quotient of 1.38, Fairbanks-College, AK, demonstrates a notable concentration of these professionals relative to the national average. This suggests a robust and potentially growing demand for skilled Medical Assistants within the region, indicating a healthy job market.
Salary Overview
The average Medical Assistants in Fairbanks-College, AK earns+31.0%above the national average.
$28.1
$1,123
$4,867
Medical Assistants Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Medical Assistant salaries in Fairbanks-College, AK, have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, inflation, and a competitive job market likely contribute to this upward salary trajectory.
Medical Assistants Salary Distribution in Fairbanks-College, AK
The salary spectrum for Medical Assistants in Fairbanks-College, AK, naturally widens with experience. Entry-level positions typically start at the lower end, while seasoned professionals with extensive experience and specialized skills can command salaries significantly above the average. The percentile gaps between entry-level and senior roles reflect clear opportunities for career progression and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $37,960 | $18.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $43,800 | $21.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $48,780 | $23.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $73,000 | $35.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $63,140 | $30.4 |
Detailed Medical Assistants Market Analysis
Relocation Context
Nominal Salary
$58,400
Gross Pay
Real Wage (Purchasing Power)
$58,400
Adjusted for COL (100)
The average annual salary of $58,400 in Fairbanks-College, AK, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary translates directly to purchasing power comparable to the rest of the United States, making it a financially stable location for Medical Assistants.
Job Market Context
260
Total Jobs
7.126
Per 1K Jobs
1.38
Location Quotient
With a location quotient of 1.38, Fairbanks-College, AK has a slightly higher-than-average concentration of Medical Assistants roles compared to the national norm.
A Location Quotient of 1.38 signifies that Medical Assistants are more concentrated in Fairbanks-College, AK, than the national average. This suggests a competitive yet abundant job market, where employers may actively seek qualified candidates, and professionals have a good selection of opportunities.
Nearby Job Markets
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Frequently Asked Questions
How much does a Medical Assistants make in Fairbanks-College, AK?
The median annual salary for a Medical Assistants in Fairbanks-College, AK is $58,400. This typically ranges from $37,960 for entry-level positions to $63,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fairbanks-College, AK is 31.0% higher than the national median of $44,590.
Is Fairbanks-College, AK a lucrative place for Medical Assistants?
Yes, Fairbanks-College, AK is a lucrative place for Medical Assistants.Medical Assistants in this Alaskan city earn substantially more than the national average, and their salary holds its value due to a cost of living that matches the national benchmark.
Is Fairbanks-College, AK a good place to live for Medical Assistants?
The Cost of Living Index in Fairbanks-College, AK is 100. While higher than average, this often correlates with higher wages.
How does the number of Medical Assistants in Fairbanks-College compare to the national average?
Fairbanks-College, AK has 7.126 Medical Assistants per 1,000 workers, indicating a higher concentration than the national average.
What is the significance of the Location Quotient (LQ) for Medical Assistants in Fairbanks-College, AK?
An LQ of 1.38 means that Medical Assistants are 38% more concentrated in Fairbanks-College, AK, than in the average U.S. location, suggesting higher local demand or a specialized regional industry.
Does the cost of living in Fairbanks-College, AK affect the value of the Medical Assistant salary?
No, the cost of living in Fairbanks-College, AK, is exactly at the national average (100), meaning the $58,400 salary offers purchasing power equivalent to the national average.
What is the total number of Medical Assistants employed in Fairbanks-College, AK?
There are approximately 260 Medical Assistants 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 260 employees in the Fairbanks-College, AK area with a job density of 7.126 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Medical Assistants • Data source: BLS OEWS 2024 •Jobs in Fairbanks-College, AK