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Average Retail Salespersons Salary in Alaska

Retail Salespersons in Alaska earn an average annual salary of $40,430, which is notably higher than the national average of $37,150. This elevated compensation is likely influenced by Alaska's unique economic landscape, including its remote location and higher operational costs, which often translate to increased wages to attract and retain talent in the retail sector.

Executive Summary

  • Average Salary: $40,430 per year.
  • Growth Trend: Salaries have shifted 20.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $51,450.
  • Outlook: With a local workforce of 7,790 Retail Salespersons and a Location Quotient of 0.98, the job market in Alaska shows a stable and slightly below-average concentration compared to the national landscape. This suggests a consistent demand for retail sales roles, without an overwhelming surplus of professionals, indicating a healthy environment for those seeking employment or career advancement in this field.
2024 Market Data

Salary Overview

$40,430

The average Retail Salespersons in Alaska earns+8.8%above the national average.

BreakdownBased on 40h/week
Hourly

$19.4

Weekly

$778

Monthly

$3,369

Retail Salespersons Salary Distribution in Alaska

Salary progression for Retail Salespersons in Alaska typically sees a significant increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with proven sales records and specialized skills can command salaries well above the average. The percentile gaps in earnings clearly signify substantial career progression opportunities and earning potential as one advances.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$29,880$14.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$30,323$14.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$36,940$17.8
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$50,538$24.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$51,450$24.7

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$40,430

Gross Pay

Real Wage (Purchasing Power)

$31,935

Adjusted for COL (126.6)

The average annual salary of $40,430 in Alaska must be viewed in the context of its Cost of Living Index, which stands at 126.6, significantly above the national average of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that income is diminished due to the elevated cost of goods and services in the state.

Job Market Context

7,790

Total Jobs

24.276

Per 1K Jobs

0.98

Location Quotient

Below Average

Alaska has 0.98x the national average concentration of Retail Salespersons jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

Alaska's Location Quotient of 0.98 for Retail Salespersons indicates a job market that is nearly on par with the national average in terms of concentration. This suggests that the retail sales sector is neither exceptionally over-saturated nor significantly understaffed relative to the rest of the country, presenting a balanced competitive landscape for job seekers.

Nearby Job Markets

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Alaska?

The median annual salary for a Retail Salespersons in Alaska is $40,430. This typically ranges from $29,880 for entry-level positions to $51,450 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Alaska is 8.8% higher than the national median of $37,150.

Is Alaska a lucrative place for Retail Salespersons?

Yes, with caveats.Retail Salespersons in Alaska earn more than the national average, but the high cost of living significantly impacts the real value of their earnings.

Is Alaska a good place to live for Retail Salespersons?

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 salary expectations?

Alaska's Cost of Living Index of 126.6 means that $40,430 does not go as far as it would in a lower-cost area, requiring a higher nominal income to maintain a similar standard of living.

What is the concentration of Retail Salespersons in Alaska?

The Location Quotient of 0.98 suggests that the concentration of Retail Salespersons in Alaska is very close to the national average, indicating a stable market presence.

How many Retail Salespersons are there in Alaska?

There are approximately 7,790 Retail Salespersons employed within Alaska, representing a substantial portion of the state's workforce in this sector.

Are there many job opportunities for Retail Salespersons in Alaska?

With 24.276 jobs per 1,000 workers, the availability of retail sales positions in Alaska is robust, suggesting consistent demand for qualified individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,790 employees in the Alaska area with a job density of 24.276 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Retail Salespersons • Data source: BLS OEWS 2024 •Jobs in Alaska