Average Registered Nurses Salary in Fairbanks-College, AK
Registered Nurses in Fairbanks-College, AK, earn an impressive average annual salary of $108,610, significantly surpassing the national average of $97,850. This elevated compensation is often a reflection of the unique operational demands and potential remoteness associated with healthcare provision in Alaska, necessitating competitive pay to attract and retain skilled professionals.
Executive Summary
- Average Salary: $108,610 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,260.
- Outlook: With a local workforce of 720 Registered Nurses and a Location Quotient of 0.94, Fairbanks-College, AK, presents a stable job market for this profession. While the concentration is slightly below the national average, the presence of nearly 20 jobs per 1,000 workers indicates consistent demand and a healthy employment landscape for nursing professionals in the area.
Salary Overview
The average Registered Nurses in Fairbanks-College, AK earns+11.0%above the national average.
$52.2
$2,089
$9,051
Registered Nurses Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Registered Nurse salaries in Fairbanks-College, AK, have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, inflation, and evolving skill requirements likely contribute to an upward trajectory in compensation for this vital role.
Registered Nurses Salary Distribution in Fairbanks-College, AK
The salary progression for Registered Nurses in Fairbanks-College, AK, typically sees substantial increases with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles, reflecting a clear career ladder and significant earning potential throughout one's nursing career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $80,700 | $38.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $81,458 | $39.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $102,660 | $49.4 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $135,763 | $65.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $125,260 | $60.2 |
Detailed Registered Nurses Market Analysis
Relocation Context
Nominal Salary
$108,610
Gross Pay
Real Wage (Purchasing Power)
$108,610
Adjusted for COL (100)
The average annual salary of $108,610 in Fairbanks-College, AK, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Registered Nurse's salary in this location is equivalent to the national standard, allowing for a comparable lifestyle without significant financial strain due to living expenses.
Job Market Context
720
Total Jobs
19.967
Per 1K Jobs
0.94
Location Quotient
Fairbanks-College, AK has 0.94x the national average concentration of Registered Nurses jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.94 suggests that Fairbanks-College, AK, has a slightly lower concentration of Registered Nurses compared to the national average. This indicates a job market that is neither overly saturated nor critically scarce, implying a balanced environment where qualified nurses can find opportunities without facing extreme competition, while still being a valued part of the healthcare community.
Nearby Job Markets
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Frequently Asked Questions
How much does a Registered Nurses make in Fairbanks-College, AK?
The median annual salary for a Registered Nurses in Fairbanks-College, AK is $108,610. This typically ranges from $80,700 for entry-level positions to $125,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fairbanks-College, AK is 11.0% higher than the national median of $97,850.
Is Fairbanks-College, AK a lucrative place for Registered Nurses?
Yes, Fairbanks-College, AK is a lucrative place for Registered Nurses.The average salary of $108,610 significantly exceeds the national average, and the cost of living is on par with the national average, offering excellent earning potential.
Is Fairbanks-College, AK a good place to live for Registered Nurses?
The Cost of Living Index in Fairbanks-College, AK is 100. While higher than average, this often correlates with higher wages.
How does the Registered Nurse salary in Fairbanks-College, AK compare to the national average?
Registered Nurses in Fairbanks-College, AK, earn an average of $108,610 annually, which is notably higher than the national average of $97,850.
What is the cost of living in Fairbanks-College, AK for Registered Nurses?
The cost of living in Fairbanks-College, AK, is exactly at the national average, with an index of 100. This means your salary of $108,610 has the same purchasing power as the national average salary.
How many Registered Nurses are employed in Fairbanks-College, AK?
There are approximately 720 Registered Nurses employed in the Fairbanks-College, AK area, representing a significant portion of the local healthcare workforce.
Is there high demand for Registered Nurses in Fairbanks-College, AK?
With 19.967 jobs per 1,000 workers, there is a solid demand for Registered Nurses in Fairbanks-College, AK, indicating a healthy job market for the profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Fairbanks-College, AK area with a job density of 19.967 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Registered Nurses • Data source: BLS OEWS 2024 •Jobs in Fairbanks-College, AK