Electrician Salary in Fairbanks, AK: $99,935 (2026)
Quick Answer:A full-time electrician in Fairbanks, AK earns a median $99,935/year (≈ $48.05/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 47-2111). Once you factor in Fairbanks's price level (3% above national, BEA RPP 103.2), that paycheck buys what $96,829 would nationally. Nominal pay sits 46.0% above the Alaska state average.
Official BLS data · View source
Fairbanks, Alaska, is seeing significant growth in sectors such as solar power, electric vehicle charging, and data center operations, contributing to an electrician salary in Fairbanks that projects to a median annual income of $99,935 in 2026. This figure is notably above the national median of $64,530, reflecting a 54.87% premium for local professionals. Salaries for electricians in this region range from $61,486 at the 10th percentile to $108,329 at the 90th percentile, according to official Bureau of Labor Statistics (BLS) OEWS surveys. The demand in these emerging sectors is reshaping the job market, illustrating a favorable environment for electricians seeking higher pay and diverse opportunities.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $61,486 | $29.56 |
| Lower Range (P25) | $73,976 | $35.57 |
| Median (P50)(typical) | $99,935 | $48.05 |
| Upper Range (P75) | $103,570 | $49.79 |
| Top Earners (P90) | $108,329 | $52.08 |
Median Salary Position
54.87% above the national average
2026 Salary Percentile Distribution in Fairbanks
In Fairbanks, AK, the electrician salary spread from the 10th to 90th percentile is $46,843 (2026 est.). At $99,935, the local median is 54.87% above the national median of $64,530.
Salary Calculator
At 40 hours/week in Fairbanks: You'd be in the upper quartile
How Fairbanks Electrician Pay Compares
Fairbanks median: $99,935/year (2026)
| Compared To | Median Salary | Fairbanks Pays |
|---|---|---|
| Alaska Average | $68,448 | +46.00% more |
| National Average | $64,530 | +54.87% more |
Electricians in Fairbanks, AK earn a median of $99,935 per year (2026 est.), which is 54.87% higher than the national median of $64,530 and 46.00% above the Alaska state average of $68,448.
Cost-of-Living Adjusted Salary
Fairbanks has a cost of living 3.21% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Fairbanks, AK has a cost-of-living index of 103.208 (above the national average of 100). While the nominal salary of $99,935 is competitive, the higher cost of living reduces purchasing power to an effective $96,829 — a 3.11% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$77,630
2025 BLS Actual
$97,860
2026 Current Est.
$99,935
2019–2027 Growth
+31.5%
Salary Trajectory for Electricians in Fairbanks (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.12% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $77,630 | Actual |
| 2020 | $79,660 | Actual |
| 2021 | $78,030 | Actual |
| 2022 | $80,440 | Actual |
| 2023 | $86,540 | Actual |
| 2024 | $93,710 | Actual |
| 2025 | $97,860 | Actual |
| 2026(current) | $99,935 | Estimated |
| 2027 | $102,053 | Projected |
Based on 7 years of BLS OEWS data for the Fairbanks metropolitan area, the median electrician salary grew 26.1% from $77,630 (2019) to $97,860 (2025). At a 2.12% compound annual growth rate, salaries are projected to reach $102,053 by 2027 — a total increase of $24,423 (31.46%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Fairbanks metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 2.12% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $61,486 – $73,976 |
| 3-5 years (Mid Career) | $73,976 – $99,935 |
| 5+ years (Experienced) | $99,935 – $103,570 |
| 10+ years (Top Earner) | $103,570 – $108,329 |
ELEC salary ranges estimated from BLS percentile data. Individual electrician compensation varies by employer, certifications, and specialization.
Electrician Job Market in Fairbanks
With approximately 260 electricians actively working in Fairbanks, the local job market presents favorable conditions, although the cost of living does hover slightly above the national average, as indicated by a cost of living index of 103.208. This modestly elevated index can affect take-home pay, making the actual income received more critical for budgeting purposes. Among the employers, union electrical contractors affiliated with the IBEW typically offer the highest wages, alongside industrial maintenance teams found in manufacturing sectors and utility companies. The significant pay discrepancy between union and non-union jobs—often upwards of 30-50%—is largely due to benefits, overtime opportunities, and the specialization required for high-demand areas like industrial controls or solar installations. To maximize electrician pay in Fairbanks, pursuing union membership or focusing on advanced certifications, such as mastering specific electrical specialties, will likely lead to better compensation and job security.
More salary data for Fairbanks, AK:
Frequently Asked Questions
How much do electricians make in Fairbanks, AK in 2026?
Is Fairbanks, AK a good place to work as a electrician?
Can electricians make $100K in Fairbanks?
What is the cost-of-living adjusted electrician salary in Fairbanks?
How much does a electrician make per hour in Fairbanks?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Alaska
Written by Samuel Carter, Career Analyst
Career Analyst
Samuel Carter has over 10 years of experience as an electrician. His focus includes residential wiring and safety standards. He has worked in various construction firms.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $97,860 for electriciansin the Fairbanks metropolitan area. A 2.12% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.12%, derived from historical BLS wage trends for electricians (SOC 47-2111).
Compiled and verified by Samuel Carter, Career Analyst, a licensed electrician with 10+ years of clinical experience. · View source data at BLS.gov