Construction Manager Hourly Pay in Fairbanks, AK: $68.35 (2026)
Quick Answer:Hourly pay for a construction manager working in Fairbanks, AK runs $68.35 at the median for 2026 — annualizing to $142,171 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 11-9021). Weighted against Fairbanks's regional price level (BEA RPP 103.2, 3% above national), each hour of work buys what $66.23 nationally would. A 24-hour part-time schedule grosses $85,301 per year.
Official BLS data · View source
Construction managers in Fairbanks, Alaska can expect to earn a median hourly pay of $68.35, which is significantly above the national median of $57.17. This robust rate not only reflects the local demand for skilled construction managers but also indicates the unique challenges and costs associated with construction projects in this region. For those working part-time, such as three days a week, this hourly rate compounds to a competitive wage, making it viable for professionals balancing project management roles between general contractor corporate offices and on-site supervision. Ranging from $48.86 at the 10th percentile to as high as $88.77 for the top earners, the hourly rates offer a clear picture of the earnings potential available to construction managers at various stages in their careers in Fairbanks. This data is based on 2025 BLS OEWS data, projected to 2026.
Construction Manager Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $48.86 | $390.84 |
| Lower Range (P25) | $60.80 | $486.40 |
| Median (P50) | $68.35 | $546.80 |
| Upper Range (P75) | $84.24 | $673.88 |
| Top Earners (P90) | $88.77 | $710.12 |
Estimated Annual Income by Work Schedule in Fairbanks
Based on $68.35/hr median hourly rate · 2026 est.
At $68.35/hr, a construction manager working full-time (40 hr/wk) in Fairbanks, AK can expect to earn approximately $142,169 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $82,020. With a cost-of-living index of 103.21 (above the national average), these earnings may be offset by higher expenses in Fairbanks.
Hourly Rate Calculator
Schedule Comparison in Fairbanks
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,734.01 | $11,847 | $142,169 |
| Part-Time (24 hrs) | $1,640.41 | $7,108 | $85,301 |
| Per Diem (16 hrs) | $1,093.60 | $4,739 | $56,867 |
Compare CM Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Construction Manager (Fairbanks) | $68.35 |
| Civil Engineer (National Avg) | $47.88 |
| Architect (National Avg) | $46.55 |
| Cost Estimator (National Avg) | $37.53 |
| First-Line Supervisor of Construction (National Avg) | $38.11 |
Construction Managers in Fairbanks, AK earn a median of $142,171 per year (2026 est.), which is 19.55% higher than the national median of $118,923 and 12.70% above the Alaska state average of $126,150.
Construction Manager Hourly Pay vs. Cost of Living
Working 24h/week at $68.35/hr = $85,301/year (purchasing power: $82,650).
Working 40h/week (full-time) = $142,169/year (purchasing power: $137,750).
CoL index: 103.208 (100 = national average).
2019 BLS Actual
$48.61/hr
2025 BLS Actual
$66.09/hr
2026 Current Est.
$68.35/hr
2019–2027 Growth
+45.4%
Hourly Rate Trajectory for Construction Managers in Fairbanks (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.42% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.61/hr | Actual |
| 2020 | $47.84/hr | Actual |
| 2021 | $60.90/hr | Actual |
| 2022 | $60.79/hr | Actual |
| 2023 | $62.86/hr | Actual |
| 2024 | $64.32/hr | Actual |
| 2025 | $66.09/hr | Actual |
| 2026(current) | $68.35/hr | Estimated |
| 2027 | $70.69/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for construction managers in Fairbanks grew 36.0% from $48.61/hr (2019) to $66.09/hr (2025). At a 3.42% projected growth rate, hourly pay is expected to reach $70.69/hr by 2027. Part-time and per-diem construction managers can use this multi-year trend to benchmark future contract negotiations.
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 3.42% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Construction Manager in Fairbanks
For a construction manager working part-time for 24 hours a week, the annual earning potential can still be substantial, particularly compared to full-time counterparts. In Fairbanks, per diem construction manager pay can vary widely, with average billings ranging from $100 to $180 per hour for project management roles. Senior consulting positions can yield $150 to $280 per hour, while specialized expertise in mega-projects might command rates from $250 to $500 hourly due to current industry demands. Hourly rates are further influenced by the type of employer, with major general contractors, specialty contractors, and real estate developers often competing for talent by balancing pay rates against benefits. For construction managers considering a shift between contractor and owner’s rep roles, it’s crucial to recognize the trade-off between higher hourly wages without benefits and more stable compensation packages that include health insurance. In this competitive environment, negotiation skills are paramount, particularly for those considering contract positions or per diem roles where flexibility may come at a sacrifice of traditional benefits.
More salary data for Fairbanks, AK:
Frequently Asked Questions
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Written by Michael Johnson, MS, CCM
Career Analyst
Michael has 10 years of experience in construction management. He specializes in project scheduling and cost control. He works with a mid-sized general contracting firm.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.42% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for construction managers in Fairbanks. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
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 3.42%, derived from historical BLS wage trends for construction managers (SOC 11-9021).
Compiled and verified by Michael Johnson, MS, CCM, a licensed construction manager with 10+ years of clinical experience. · View source data at BLS.gov