Average Transportation and Material Moving Occupations Salary in Fairbanks-College, AK
In Fairbanks-College, AK, professionals in Transportation and Material Moving Occupations earn an impressive average annual salary of $57,210. This figure significantly surpasses the national average of $48,350, indicating a robust local demand for these essential roles. The unique economic landscape and operational needs of Alaska likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $57,210 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $83,030.
- Outlook: With a local workforce of 2,960 individuals in this sector and a Location Quotient of 0.93, the job market in Fairbanks-College, AK, shows a healthy concentration of talent. While slightly below the national average concentration, the presence of a substantial workforce suggests consistent demand and stability for transportation and material moving roles within the region.
Salary Overview
The average Transportation and Material Moving Occupations in Fairbanks-College, AK earns+18.3%above the national average.
$27.5
$1,100
$4,768
Transportation and Material Moving Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Transportation and Material Moving Occupations in Fairbanks-College, AK, have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased operational costs in Alaska, and evolving industry demands likely contribute to upward salary adjustments.
Transportation and Material Moving Occupations Salary Distribution in Fairbanks-College, AK
Career progression within Transportation and Material Moving Occupations in Fairbanks-College, AK, typically leads to substantial salary increases. Entry-level positions may start closer to the lower end of the pay scale, while experienced professionals and those in supervisory or specialized roles can command significantly higher earnings. The percentile gaps in salary distribution clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,410 | $17.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $42,908 | $20.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $48,480 | $23.3 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $71,513 | $34.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $83,030 | $39.9 |
Detailed Transportation and Material Moving Occupations Market Analysis
Relocation Context
Nominal Salary
$57,210
Gross Pay
Real Wage (Purchasing Power)
$57,210
Adjusted for COL (100)
The average annual salary of $57,210 in Fairbanks-College, AK, is highly competitive when considering the local Cost of Living Index of 100, which is on par with the national average. This means that the purchasing power of a Fairbanks-College salary is equivalent to the national standard, making the nominal salary translate effectively into real-world affordability.
Job Market Context
2,960
Total Jobs
82.354
Per 1K Jobs
0.93
Location Quotient
Fairbanks-College, AK has 0.93x the national average concentration of Transportation and Material Moving Occupations 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 0.93 for Transportation and Material Moving Occupations in Fairbanks-College, AK, indicates that this sector is nearly as concentrated as it is nationally. This suggests a balanced job market where demand and supply are relatively stable, offering a competitive yet accessible environment for both employers seeking skilled labor and individuals seeking employment.
Nearby Job Markets
Hiring Transportation and Material Moving Occupationss?
Frequently Asked Questions
How much does a Transportation and Material Moving Occupations make in Fairbanks-College, AK?
The median annual salary for a Transportation and Material Moving Occupations in Fairbanks-College, AK is $57,210. This typically ranges from $36,410 for entry-level positions to $83,030 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fairbanks-College, AK is 18.3% higher than the national median of $48,350.
Is Fairbanks-College, AK a lucrative place for Transportation and Material Moving Occupationss?
Yes, it is a lucrative place for these occupations.The average salary of $57,210 significantly exceeds the national average, and the cost of living is at the national average, offering strong purchasing power.
Is Fairbanks-College, AK a good place to live for Transportation and Material Moving 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 salary compare to the national average?
The average annual salary in Fairbanks-College, AK, is $57,210, which is considerably higher than the national average of $48,350.
What is the cost of living in Fairbanks-College, AK?
The cost of living in Fairbanks-College, AK, is indexed at 100, which is exactly the national average, meaning it is neither significantly more nor less expensive than the rest of the country.
How concentrated are Transportation and Material Moving jobs in Fairbanks-College, AK?
The concentration, measured by the Location Quotient, is 0.93, indicating that these jobs are almost as prevalent in Fairbanks-College, AK, as they are nationally.
What is the total workforce size for these occupations locally?
There are 2,960 individuals employed in Transportation and Material Moving Occupations 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 2,960 employees in the Fairbanks-College, AK area with a job density of 82.354 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Transportation and Material Moving Occupations Salaries by State
Top Jobs in Fairbanks-College, AK
- All Occupations Salary in Fairbanks-College, AK
- Office and Administrative Support Occupations Salary in Fairbanks-College, AK
- Food Preparation and Serving Related Occupations Salary in Fairbanks-College, AK
- Transportation and Material Moving Occupations Salary in Fairbanks-College, AK
- Sales and Related Occupations Salary in Fairbanks-College, AK
- Construction and Extraction Occupations Salary in Fairbanks-College, AK
- Management Occupations Salary in Fairbanks-College, AK
- Installation, Maintenance, and Repair Occupations Salary in Fairbanks-College, AK
- Educational Instruction and Library Occupations Salary in Fairbanks-College, AK
- Healthcare Practitioners and Technical Occupations Salary in Fairbanks-College, AK
- Browse All Jobs in Fairbanks-College, AK →
Semantic Salary Analysis for Transportation and Material Moving Occupations • Data source: BLS OEWS 2024 •Jobs in Fairbanks-College, AK