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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.
2024 Market Data

Salary Overview

$57,210

The average Transportation and Material Moving Occupations in Fairbanks-College, AK earns+18.3%above the national average.

BreakdownBased on 40h/week
Hourly

$27.5

Weekly

$1,100

Monthly

$4,768

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 LevelMarket PercentileAnnual WageHourly 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

Below Average

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.