Average Salary in Ketchikan, AK
$65000
$63000
1.5%
What is the Average Salary in Ketchikan, Alaska?
The average salary in Ketchikan, Alaska is $65000 per year. Entry-level positions start at $50000, mid-career professionals earn around $65000, and senior-level employees make $83000. The median household income is $63000.
Quick Salary Overview for Ketchikan
| Average Salary: | $65000 |
| Entry-Level: | $50000 |
| Mid-Career: | $65000 |
| Senior-Level: | $83000 |
| Median Household Income: | $63000 |
Understanding the Salary Landscape in Ketchikan, Alaska
If you’re considering a career move to Ketchikan, understanding the local salary landscape is crucial for making informed decisions. With a population of 8192 and an average salary of $65000, Ketchikan offers competitive compensation across various industries in America’s Last Frontier.
The median household income in Ketchikan stands at $63000, reflecting the earning potential for families in the area. When adjusted for the cost of living index of 125.4, the real purchasing power translates to approximately $51834 annually.
Salary Breakdown by Experience Level in Ketchikan
Career progression in Ketchikan shows clear salary advancement opportunities across different experience levels:
The salary progression from entry-level to senior positions shows strong growth potential, with mid-career professionals earning approximately $65000 and senior-level employees commanding salaries around $83000.
Top Industries and Employers in Ketchikan
Ketchikan has a diverse economic landscape with several thriving industries driving job growth and competitive salaries:
Highest Paying Industry
Fishing
The Fishing sector offers the most competitive salaries in Ketchikan, attracting top talent and driving economic growth in Alaska.
Major Industries in Ketchikan:
Fishing, Healthcare, Tourism
Major Employers Hiring in Ketchikan
Some of the largest employers in Ketchikan include: PeaceHealth Ketchikan Medical Center, Alaska Marine Highway. These companies offer competitive salaries and comprehensive benefits packages, contributing to the city’s robust job market with a job growth rate of 1.5%.
Cost of Living in Ketchikan: What Your Salary Can Buy
Understanding how far your salary goes in Ketchikan requires analyzing the local cost of living. With a cost of living index of 125.4 (where 100 is the national average), Ketchikan has unique pricing dynamics typical of Alaska communities.
Housing
$250000
$1200/month
115
Transportation
118
Groceries
130
Healthcare
115
Monthly Necessities
$N/A
With housing costs representing a housing index of 115 and an average monthly rent of $1200, Ketchikan reflects Alaska’s unique cost structure. The median home price of $250000 and estimated monthly necessities of $N/A should be factored into your financial planning.
Job Market and Employment Trends in Ketchikan
The job market in Ketchikan shows promising signs with a job growth rate of 1.5% and an unemployment rate of 5%. This indicates a healthy economy with expanding opportunities for job seekers in Alaska’s unique market.
For professionals exploring opportunities across the state, check out the average salary in Alaska to compare regional compensation trends and identify the best locations for your career growth in the Last Frontier.
Demographics and Workforce Profile
Ketchikan has a median age of 38.8 years, with 26.5% of the population holding a college degree. This educated workforce contributes to the city’s competitive salary landscape and attracts employers seeking skilled talent in Alaska.
Salary Comparison: Is Ketchikan Right for You?
| Metric | Ketchikan Value | Insight |
|---|---|---|
| Average Salary | $65000 | Competitive Alaska compensation |
| Adjusted Salary | $51834 | Real purchasing power after cost of living |
| Housing Affordability | $250000 | Median home price in the area |
| Monthly Rent | $1200 | Average rental costs |
| Monthly Necessities | $N/A | Estimated living expenses |
| Job Growth | 1.5% | Expanding employment opportunities |
Key Takeaways About Salaries in Ketchikan
- š° The average salary in Ketchikan is $65000, with median household income at $63000
- š When adjusted for cost of living (125.4), salaries have approximately $51834 in purchasing power
- šÆ Fishing is the highest-paying industry, offering premium compensation packages
- š¢ Major employers like PeaceHealth Ketchikan Medical Center, Alaska Marine Highway provide stable career opportunities
- š The city shows 1.5% job growth with 5% unemployment rate
- š Housing costs include median home prices at $250000 and average rent at $1200
- šµ Estimated monthly necessities total $N/A, reflecting Alaska’s unique cost structure
- š 26.5% of the population holds college degrees, indicating a skilled workforce
Making Your Decision: Is Ketchikan the Right Career Move?
Ketchikan offers a compelling combination of competitive salaries, growing job opportunities, and the unique lifestyle of living in Alaska. With an average salary of $65000 and a cost of living index of 125.4, professionals can enjoy Alaska’s natural beauty while building their careers.
The city’s 1.5% job growth rate and 5% unemployment rate signal a thriving economy with expanding opportunities across multiple industries, particularly in Fishing, Healthcare, Tourism.
Whether you’re an entry-level professional earning around $50000 or a senior executive commanding $83000, Ketchikan provides the economic foundation for career growth and financial stability in America’s Last Frontier.
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