Anchorage, AK Salaries

Occupation wages from the Bureau of Labor Statistics (May 2025)

Occupations Tracked

423

with wage data

Avg. Median Salary

$219,074

top 25 occupations

Top Salary

$472,140

Emergency Medicine Physicians

Cost of Living

105.4

5% above US avg

Purchasing power: The average median salary of $219,074 in Anchorage, AK has the purchasing power of $207,811 in a national-average-cost area. Salaries appear higher but cost of living erodes purchasing power.

The Anchorage, AK Metropolitan Statistical Area is tracked by BLS Occupational Employment and Wage Statistics across 423 occupations in the May 2025 release, each representing a distinct SOC code where local employment is large enough to report without triggering confidentiality suppression. Averaging the top-ranked occupation medians gives roughly $219,074 per year, a rough midpoint that helps you compare this metro to peer cities and the national picture. The BEA Regional Price Parity index for Anchorage, AK sits at 105.4, meaning the local price level is 5% above the national average for rent, groceries, services, and transportation combined.

At the top of the Anchorage, AK ranking, Emergency Medicine Physicians pays a median of $472,140 across 70 local workers. Second-ranked is General Internal Medicine Physicians at $366,650, followed by Neurologists at $354,760. At the bottom of the reported-occupation range, Hairdressers, Hairstylists, and Cosmetologists pays $32,150. This spread between top-specialist and entry-service pay is characteristic of U.S. metro labor markets, though the specific ratio varies by metro economic base. Critically, nominal pay in Anchorage, AK converts to $207,811 of purchasing power in a national-average-cost city, the paycheck you take home here buys less than the same nominal amount would elsewhere.

Metro medians reflect where the job is located, not where you live, relevant if you plan to commute across MSA boundaries. BLS defines metro areas using OMB's MSA delineations, so Anchorage, AK spans the central city plus economically integrated surrounding counties. When using this page, drill into individual occupation rows to see percentile spread (the top 10% often earns 2× or more than the median) and compare against the occupation's national profile to see whether Anchorage, AK pays a premium or discount for that specific role. Remember that OEWS wages capture base pay only, health benefits, retirement contributions, bonuses, overtime, and equity compensation can add 20-40% to real total compensation, and that gap often skews larger in high-cost metros where employers load non-wage benefits to remain competitive.

Highest Paying Jobs in Anchorage, AK

# Occupation Median Salary
1 Emergency Medicine Physicians $472,140
2 General Internal Medicine Physicians $366,650
3 Neurologists $354,760
4 Physicians, All Other $353,870
5 Psychiatrists $342,170
6 Family Medicine Physicians $299,340
7 Pediatricians, General $251,830
8 Airline Pilots, Copilots, and Flight Engineers $232,240
9 Dentists, General $228,030
10 Petroleum Engineers $212,240
11 Chief Executives $183,110
12 Industrial Engineers $171,910
13 Business Teachers, Postsecondary $168,440
14 Optometrists $167,000
15 Pharmacists $162,980
16 Architectural and Engineering Managers $161,800
17 First-Line Supervisors of Police and Detectives $161,100
18 Air Traffic Controllers $160,970
19 Nurse Practitioners $157,430
20 Lawyers $153,590
21 Physician Assistants $152,710
22 Engineers, All Other $145,500
23 Mining and Geological Engineers, Including Mining Safety Engineers $141,080
24 Computer and Information Systems Managers $137,990
25 Construction Managers $137,980

Lowest Paying Jobs in Anchorage, AK

Other Metros in AK

Peer MSAs in the same state for cost-of-living and wage comparisons.

Salary Guides

Frequently Asked Questions

What is the average salary in Anchorage, AK?
Averaging the median salaries of the top 25 highest-paying occupations in Anchorage, AK gives $219,074/year (BLS OEWS May 2025). This is NOT a metro-wide average across all 423 tracked occupations, it's the mean of the top tier only; see the table below for the full range.
What is the highest paying job in Anchorage, AK?
The highest paying occupation in Anchorage, AK is Emergency Medicine Physicians with a median salary of $472,140/year. The second highest is General Internal Medicine Physicians at $366,650/year.
What is the cost of living in Anchorage, AK?
Anchorage, AK has a Regional Price Parity of 105.4, meaning prices are 5% above the national average. The average median salary of $219,074 has the purchasing power of $207,811 in a national-average-cost area.
What jobs pay the least in Anchorage, AK?
The lowest paying occupation in Anchorage, AK is Hairdressers, Hairstylists, and Cosmetologists with a median salary of $32,150/year according to BLS data.
Where does BLS salary data come from?
All salary data comes from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, which surveys approximately 1.1 million business establishments nationwide to produce detailed wage estimates by occupation and geographic area.

Last updated: May 2025 (BLS OEWS annual release). Source: U.S. Bureau of Labor Statistics, OEWS May 2025. Cost-of-living index: BEA Regional Price Parities, 2023.

Every figure on WageDex is rendered directly from U.S. Bureau of Labor Statistics wage data, no number is typed in by an editor. This metro area figures are computed directly from BLS OEWS metro-level data. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of May 2025.

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