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Average Physicians, All Other Salary in Alaska

Physicians in Alaska command an impressive average annual salary of $310,920, significantly exceeding the national average of $256,170. This elevated compensation is largely driven by Alaska's unique geographical challenges and the critical need for specialized medical professionals in remote and less populated areas, necessitating higher pay to attract and retain talent.

Executive Summary

  • Average Salary: $310,920 per year.
  • Growth Trend: Salaries have shifted 21.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $466,380.
  • Outlook: Alaska's market for Physicians, All Other, shows a moderate concentration with a Location Quotient of 0.57, indicating fewer physicians per worker relative to the national average. However, with a total local workforce of 380 and 1.171 jobs per 1,000 workers, the demand, while not exceptionally high in terms of sheer numbers, is consistent within its specific context, suggesting a stable job market for qualified professionals.
2024 Market Data

Salary Overview

$310,920

The average Physicians, All Other in Alaska earns+21.4%above the national average.

BreakdownBased on 40h/week
Hourly

$149.5

Weekly

$5,979

Monthly

$25,910

Physicians, All Other Salary Distribution in Alaska

The salary spectrum for Physicians, All Other, in Alaska likely shows significant variation based on experience. Entry-level physicians might start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles signifies substantial career progression and earning potential within the state.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$146,700$70.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$233,190$112.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$310,918$149.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$388,650$186.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$466,380$224.2

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$310,920

Gross Pay

Real Wage (Purchasing Power)

$245,592

Adjusted for COL (126.6)

While the nominal average salary of $310,920 is substantial, Alaska's Cost of Living Index of 126.6 means that goods and services are approximately 26.6% more expensive than the national average. This higher cost of living effectively moderates the purchasing power of the high salary, meaning that while the take-home pay is high, the real value of that income needs to be considered in the context of local expenses.

Job Market Context

380

Total Jobs

1.171

Per 1K Jobs

0.57

Location Quotient

Below Average

Alaska has 0.57x the national average concentration of Physicians, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.57 for Physicians, All Other, in Alaska suggests that this profession is less concentrated in the state compared to the national average. This could imply a potentially less competitive market for physicians, or conversely, a greater reliance on attracting talent from outside the state to meet demand. It indicates that while the absolute number of physicians might be lower, their presence is still significant for the state's healthcare infrastructure.

Nearby Job Markets

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Alaska?

The median annual salary for a Physicians, All Other in Alaska is $310,920. This typically ranges from $146,700 for entry-level positions to $466,380 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Alaska is 21.4% higher than the national median of $256,170.

Is Alaska a lucrative place for Physicians, All Others?

Yes, Alaska offers a highly lucrative environment for Physicians, All Others.The average annual salary of $310,920 significantly surpasses the national average, reflecting the state's unique demands and compensation strategies for medical professionals.

Is Alaska a good place to live for Physicians, All Others?

The Cost of Living Index in Alaska is 126.6. While higher than average, this often correlates with higher wages.

How does Alaska's cost of living affect physician salaries?

Alaska's Cost of Living Index of 126.6 indicates higher expenses, meaning the $310,920 salary, while high, has less purchasing power than it would in a lower-cost state. However, it still represents a substantial income.

Is there high demand for physicians in Alaska?

With 1.171 jobs per 1,000 workers and a Location Quotient below average, demand is present but not exceptionally concentrated, suggesting a steady need for medical professionals rather than an oversaturated market.

What is the total number of physicians in Alaska?

The total local workforce for Physicians, All Other, in Alaska is approximately 380 individuals.

How does Alaska's physician concentration compare nationally?

Alaska's Location Quotient of 0.57 indicates that physicians are less concentrated in Alaska compared to the national average, suggesting a potentially less competitive environment for new entrants.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Alaska area with a job density of 1.171 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Alaska