Construction Manager Salary in Fairbanks, AK: $142,171 (2026)
Quick Answer:A full-time construction manager in Fairbanks, AK earns a median $142,171/year (≈ $68.35/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 11-9021). Once you factor in Fairbanks's price level (3% above national, BEA RPP 103.2), that paycheck buys what $137,752 would nationally. Nominal pay sits 12.7% above the Alaska state average.
Official BLS data · View source
In Fairbanks, Alaska, the role of a construction manager is financially rewarding, with a projected median annual salary of $142,171 in 2026. This figure substantially exceeds the national median of $118,923, highlighting Fairbanks' competitive compensation for this profession. Salaries in the city range from $101,631 at the lower end to $184,625 for those at the top percentile, reflecting the variations in project complexity and managerial responsibilities. The data provided here stems from 2025 BLS OEWS surveys, projecting trends into the coming year, thus offering reliable insights for those considering career advancements. The robust salary structure signals an evolving job market in Fairbanks, driven by recent expansions in infrastructure and construction demands.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $101,631 | $48.86 |
| Lower Range (P25) | $126,462 | $60.80 |
| Median (P50)(typical) | $142,171 | $68.35 |
| Upper Range (P75) | $175,204 | $84.24 |
| Top Earners (P90) | $184,625 | $88.77 |
Median Salary Position
19.55% above the national average
2026 Salary Percentile Distribution in Fairbanks
In Fairbanks, AK, the construction manager salary spread from the 10th to 90th percentile is $82,994 (2026 est.). At $142,171, the local median is 19.55% above the national median of $118,923.
Salary Calculator
At 40 hours/week in Fairbanks: You'd be in the lower-middle range
How Fairbanks Construction Manager Pay Compares
Fairbanks median: $142,171/year (2026)
| Compared To | Median Salary | Fairbanks Pays |
|---|---|---|
| Alaska Average | $126,150 | +12.70% more |
| National Average | $118,923 | +19.55% more |
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.
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 $142,171 is competitive, the higher cost of living reduces purchasing power to an effective $137,752 — a 3.11% reduction.
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2019 BLS Actual
$101,100
2025 BLS Actual
$137,470
2026 Current Est.
$142,171
2019–2027 Growth
+45.4%
Salary Trajectory for Construction Managers in Fairbanks (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.42% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $101,100 | Actual |
| 2020 | $99,510 | Actual |
| 2021 | $126,670 | Actual |
| 2022 | $126,450 | Actual |
| 2023 | $130,750 | Actual |
| 2024 | $133,780 | Actual |
| 2025 | $137,470 | Actual |
| 2026(current) | $142,171 | Estimated |
| 2027 | $147,034 | Projected |
Based on 7 years of BLS OEWS data for the Fairbanks metropolitan area, the median construction manager salary grew 36.0% from $101,100 (2019) to $137,470 (2025). At a 3.42% compound annual growth rate, salaries are projected to reach $147,034 by 2027 — a total increase of $45,934 (45.43%) 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 3.42% 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) | $101,631 – $126,462 |
| 3-5 years (Mid Career) | $126,462 – $142,171 |
| 5+ years (Experienced) | $142,171 – $175,204 |
| 10+ years (Top Earner) | $175,204 – $184,625 |
CM salary ranges estimated from BLS percentile data. Individual construction manager compensation varies by employer, certifications, and specialization.
Construction Manager Job Market in Fairbanks
Evaluating the local job market, approximately 180 construction managers are currently employed in Fairbanks, indicating a strong demand for skilled professionals. However, the cost of living index at 103.208 does suggest that while salaries are competitive, purchasing power may be slightly constrained compared to the national average. Employers such as Bechtel and Skanska USA typically offer some of the highest compensation in the area, especially for large projects that can escalate into mega-projects, while owner's rep positions may provide a more favorable work-life balance with similar pay. Factors driving salary disparities include the size and complexity of projects, varying employer tiers from regional to national general contractors, and bonuses tied to project profitability. For those looking to optimize their construction manager pay in Fairbanks, pursuing positions with top-tier firms or specializing in high-demand sectors like healthcare or data centers can be strategic avenues to boost earnings significantly.
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
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 $137,470 for construction managersin the Fairbanks metropolitan area. A 3.42% 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 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