Business & Finance Fairbanks, AK
Pop. 32,325
Economist Salary in Fairbanks, Alaska
The median economist salary in Fairbanks, AK is $148,122 per year, which is 30.0% above the national median and 4.8% above the Alaska state average.
City Median
$148,122
vs State Avg
+$6,836
vs National
+$34,182
Cost of Living
130%
Economist Salary in Fairbanks by Experience
In Fairbanks, an entry-level economist earns around $84,500, while experienced professionals earn up to $240,500 per year. The local cost of living index is 130% of the national average.
Entry Level (0-2 yrs)
$84,500
+$19,500 vs national
Mid Level (3-7 yrs)
$149,500
+$34,500 vs national
Senior Level (8+ yrs)
$240,500
+$55,500 vs national
Salary Percentiles in Fairbanks, AK
| Percentile | Fairbanks |
|---|---|
| 10th Percentile | $80,600 |
| 25th Percentile | $106,600 |
| Median (50th) | $148,122 |
| 75th Percentile | $201,500 |
| 90th Percentile | $257,400 |
Economist Salary in Other Alaska Cities
How to Become a Economist in Fairbanks
Education
Most economist positions require a master's degree. Fairbanks and the surrounding Alaska area have institutions offering relevant programs.
Key Skills
EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis
Job Outlook
Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Demand in Fairbanks may vary based on local industry and population growth.