Average Salary in Fairbanks, AK
Across the 411 professional occupations we track, the median salary in Fairbanks is $113,000/year. Fairbanks, Alaska offers career opportunities with no state income tax. All figures are Fairbanks-specific, adjusted for local cost of living and updated quarterly from BLS and H-1B disclosures.
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Working in Fairbanks, Alaska: Salary Guide (2026)
Fairbanks is home to the FairbanksβAK metropolitan area with a population of 32,751. The city has a cost of living index of 138 (US average = 100), meaning living costs are above the national average.
One of the most significant financial advantages of working in Fairbanks is Alaska's complete absence of a state income tax. Workers here keep 5β9% more of their earnings compared to peers in California (9.3% state tax), New York (6.85%), or Illinois (4.95%).
Top-paying industries in Fairbanks
Fairbanks's economy spans multiple high-wage sectors. The city's diverse employer base creates strong demand across technology, healthcare, finance, and professional services.
Fairbanks salary FAQ
What is the average salary in Fairbanks, AK?
Pay in Fairbanks varies widely by occupation. Across the 411 professional roles we track, the median salary is about $113,000 per year β adjusted for Fairbanks's cost of living (index 138, where 100 is the US average) and Alaska's lack of a state income tax. Use the tables above to see the median for a specific job title.
Which jobs pay the most in Fairbanks?
Among the roles we track, Oral Surgeon is the highest-paying in Fairbanks at a median of $461,000 per year. Technology, healthcare, and finance roles generally top the list.
Does Fairbanks have a state income tax?
No β Alaska has no state income tax, so workers in Fairbanks keep more of their paycheck than peers in high-tax states like California (up to 13.3%) or New York.
How far does a salary go in Fairbanks?
Fairbanks's cost of living index is 138 (US average = 100), so living costs run about 38% above the US average. A $113,000 salary here has roughly the buying power of $81,884 in an average-cost city.