Business & Finance Fairbanks, AK
Pop. 32,325
Insurance Agent Salary in Fairbanks, Alaska
The median insurance agent salary in Fairbanks, AK is $75,218 per year, which is 30.0% above the national median and 4.8% above the Alaska state average.
City Median
$75,218
vs State Avg
+$3,472
vs National
+$17,358
Cost of Living
130%
Insurance Agent Salary in Fairbanks by Experience
In Fairbanks, an entry-level insurance agent earns around $41,600, while experienced professionals earn up to $143,000 per year. The local cost of living index is 130% of the national average.
Entry Level (0-2 yrs)
$41,600
+$9,600 vs national
Mid Level (3-7 yrs)
$78,000
+$18,000 vs national
Senior Level (8+ yrs)
$143,000
+$33,000 vs national
Salary Percentiles in Fairbanks, AK
| Percentile | Fairbanks |
|---|---|
| 10th Percentile | $39,000 |
| 25th Percentile | $52,000 |
| Median (50th) | $75,218 |
| 75th Percentile | $106,600 |
| 90th Percentile | $153,400 |
Insurance Agent Salary in Other Alaska Cities
How to Become a Insurance Agent in Fairbanks
Education
Most insurance agent positions require a high school diploma. Fairbanks and the surrounding Alaska area have institutions offering relevant programs.
Key Skills
SalesInsurance ProductsClient RelationsRisk AssessmentCommunicationCRM
Job Outlook
Nationally, insurance agent 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.