Average Sales and Related Occupations Salary in Fairbanks-College, AK
In Fairbanks-College, AK, professionals in Sales and Related Occupations earn an average annual salary of $47,220. This figure is notably below the national average of $54,110, suggesting that regional economic factors and market demand in this specific Alaskan locale influence compensation levels. While the nominal salary may seem lower, understanding the local economic landscape is crucial for a complete picture.
Executive Summary
- Average Salary: $47,220 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $72,240.
- Outlook: The sales and related occupations sector in Fairbanks-College, AK, comprises a workforce of 2,840 individuals. With a Location Quotient of 0.91, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally concentrated market. The presence of approximately 78.84 jobs per 1,000 workers suggests a consistent demand for sales professionals within the local economy.
Salary Overview
The average Sales and Related Occupations in Fairbanks-College, AK earns-12.7%below the national average.
$22.7
$908
$3,935
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data for Fairbanks-College is not provided, it's reasonable to assume that sales and related occupations have experienced salary growth over the past four years, mirroring national trends. Economic recovery, inflation, and evolving market demands typically drive upward adjustments in compensation, even in localized markets. This general trend suggests that the current average salary may represent an increase from previous years.
Sales and Related Occupations Salary Distribution in Fairbanks-College, AK
Career progression in Sales and Related Occupations within Fairbanks-College, AK, typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with proven track records and specialized skills can command substantially higher salaries. The percentile gaps in earnings between junior and senior roles highlight the substantial career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $30,070 | $14.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $35,415 | $17 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $39,490 | $19 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $59,025 | $28.4 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $72,240 | $34.7 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$47,220
Gross Pay
Real Wage (Purchasing Power)
$47,220
Adjusted for COL (100)
The average annual salary of $47,220 in Fairbanks-College, AK, aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a sales professional's income in Fairbanks-College is comparable to that of someone in a national average cost-of-living area. Therefore, the nominal salary of $47,220 effectively translates to a standard cost of living experience.
Job Market Context
2,840
Total Jobs
78.84
Per 1K Jobs
0.91
Location Quotient
Fairbanks-College, AK has 0.91x the national average concentration of Sales and Related 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 0.91, the market for Sales and Related Occupations in Fairbanks-College, AK, is nearly on par with the national average in terms of concentration. This suggests a balanced job market where demand and supply are relatively stable. While not a significantly over-represented field, the presence of these roles indicates ongoing opportunities for sales professionals without extreme competition.
Nearby Job Markets
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Fairbanks-College, AK?
The median annual salary for a Sales and Related Occupations in Fairbanks-College, AK is $47,220. This typically ranges from $30,070 for entry-level positions to $72,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fairbanks-College, AK is 12.7% lower than the national median of $54,110.
Is Fairbanks-College, AK a lucrative place for Sales and Related Occupationss?
No, it is not exceptionally lucrative compared to the national average.The average salary of $47,220 is below the national average of $54,110, although the cost of living is at the national average, making the purchasing power comparable.
Is Fairbanks-College, AK a good place to live for Sales and Related 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 local salary compare to the national average?
The average salary for Sales and Related Occupations in Fairbanks-College, AK, is $47,220, which is lower than the national average of $54,110.
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 national average.
How many people work in Sales and Related Occupations in Fairbanks-College, AK?
There are approximately 2,840 individuals employed in Sales and Related Occupations in Fairbanks-College, AK.
Is the concentration of sales jobs high in Fairbanks-College, AK?
The concentration of sales jobs, indicated by a Location Quotient of 0.91, is slightly below the national average, suggesting a stable but not overly saturated market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,840 employees in the Fairbanks-College, AK area with a job density of 78.84 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Sales and Related Occupations • Data source: BLS OEWS 2024 •Jobs in Fairbanks-College, AK