Engineering Fairbanks, AK Pop. 32,325

Electrical Engineer Salary in Fairbanks, Alaska

The median electrical engineer salary in Fairbanks, AK is $135,993 per year, which is 30.0% above the national median and 4.8% above the Alaska state average.

City Median
$135,993
vs State Avg
+$6,277
vs National
+$31,383
Cost of Living
130%

Electrical Engineer Pay in Fairbanks: What to Expect (2026)

Fairbanks offers a median electrical engineer salary of $135,993, which is $6,277 above the Alaska state average of $129,716. Compared to the national median of $104,610, Fairbanks pays above average for this role.

However, Fairbanks's cost of living index is 130%, significantly above the national average. After adjusting for local costs, the $135,993 salary has an effective purchasing power of approximately $104,610. Housing, transportation, and food costs in Fairbanks should be factored into any relocation or job-change decision.

The salary range for electrical engineers in Fairbanks spans from $85,800 at the 10th percentile to $210,600 at the 90th percentile — a $124,800 spread. Entry-level professionals start around $88,400, while senior electrical engineers with 8+ years of experience can earn up to $201,500. Fairbanks is a smaller market (pop. 32,325), which may mean fewer openings but also less competition for available positions.

Electrical Engineer Salary in Fairbanks by Experience

In Fairbanks, an entry-level electrical engineer earns around $88,400, while experienced professionals earn up to $201,500 per year. The local cost of living index is 130% of the national average.

Entry Level (0-2 yrs)
$88,400
+$20,400 vs national
Mid Level (3-7 yrs)
$137,800
+$31,800 vs national
Senior Level (8+ yrs)
$201,500
+$46,500 vs national

Salary Percentiles in Fairbanks, AK

Percentile Fairbanks
10th Percentile $85,800
25th Percentile $107,900
Median (50th) $135,993
75th Percentile $171,600
90th Percentile $210,600

Electrical Engineer Salary in Other Alaska Cities

How to Become a Electrical Engineer in Fairbanks

Education

Most electrical engineer positions require a bachelor's degree. Fairbanks and the surrounding Alaska area have institutions offering relevant programs.

Key Skills

Circuit DesignMATLABPCB DesignPower SystemsControl SystemsEmbedded Systems

Job Outlook

Nationally, electrical engineer employment is projected to grow 5% over the next decade (faster than average). Demand in Fairbanks may vary based on local industry and population growth.

Find Electrical Engineer Jobs in Fairbanks

Browse open electrical engineer positions in Fairbanks, AK:

Frequently Asked Questions: Electrical Engineer Salary in Fairbanks

How much does a Electrical Engineer make in Fairbanks, AK? ▼
The median electrical engineer salary in Fairbanks, Alaska is $135,993 per year, which is 30.0% above the national median of $104,610. Salaries range from $85,800 (10th percentile) to $210,600 (90th percentile).
How much does a Electrical Engineer make per hour in Fairbanks? ▼
Based on the median annual salary of $135,993, a electrical engineer in Fairbanks earns approximately $65 per hour assuming a standard 2,080-hour work year.
How does Fairbanks compare to the Alaska state average for electrical engineer pay? ▼
Fairbanks's median electrical engineer salary of $135,993 is 4.8% above the Alaska state average of $129,716. The local cost of living index is 130% of the national average.
What is the cost of living in Fairbanks, AK? ▼
Fairbanks has a cost of living index of 130% compared to the national average. This means a electrical engineer salary of $135,993 in Fairbanks has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a electrical engineer in Fairbanks? ▼
Most electrical engineer positions in Fairbanks require a bachelor's degree. Key skills include Circuit Design, MATLAB, PCB Design, Power Systems. The job market is projected to grow 5% nationally over the next decade.