Median Salary
$87,242
Above National Avg
Hourly Wage
$41.94
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Here is a comprehensive career guide for Accountants considering Knik-Fairview CDP, AK.
The Salary Picture: Where Knik-Fairview CDP Stands
As a local whoâs watched the Mat-Su Valleyâs economy evolve, I can tell you that accounting salaries here are a mixed bag. Youâre not getting Anchorage metro pay, but youâre also not paying Anchorage metro rent. The median salary for an Accountant in Knik-Fairview CDP sits at $87,242/year, which breaks down to an hourly rate of $41.94/hour. This is a hair above the national average for the profession, which is $86,080/year. For a CDP (Census-Designated Place) of our sizeâmetro population 18,921âthatâs a solid anchor. It suggests local employers, from municipal offices to regional construction firms, pay competitively to retain talent in a semi-rural setting.
The job market is niche but stable. With only 37 accounting jobs currently listed in our metro, competition is present but not cutthroat. The 10-year job growth projection is 4%, which is modest. This isnât a booming tech hub; itâs a steady, resource-driven economy where skilled accountants are valued for their reliability and local knowledge.
To give you a clearer picture, hereâs how salaries typically break down by experience level in our area. These are estimates based on local job postings and industry standards, keeping our median of $87,242 as the benchmark for a mid-career accountant.
Experience-Level Breakdown
| Experience Level | Estimated Annual Salary Range | Key Responsibilities in Knik-Fairview |
|---|---|---|
| Entry-Level (0-2 years) | $62,000 - $75,000 | Bookkeeping, data entry, assisting with payroll for local businesses, preparing basic tax returns for individuals. |
| Mid-Career (3-7 years) | $75,000 - $95,000 | Full-charge bookkeeping, financial statement preparation, managing accounts payable/receivable for small to mid-sized firms, some tax planning. |
| Senior-Level (8-15 years) | $95,000 - $110,000+ | Financial reporting, budgeting/forecasting for local government or construction companies, supervising junior staff, complex tax compliance. |
| Expert/Specialist (15+ years) | $110,000+ | Controller or CFO-level roles for regional companies, specialized tax (oil & gas, construction), consulting for local government entities. |
How does Knik-Fairview compare to other Alaska cities?
- Anchorage: Salaries are higher ($90,000 - $100,000+ for mid-career), but living costs are significantly steeper.
- Wasilla/Palmer: Our direct neighbors in the Mat-Su. Salaries are very similar to Knik-Fairview, but with more job openings due to a larger commercial base.
- Fairbanks: Salaries can be comparable, but the economy is more tied to military and university spending. Cost of living is also high.
- Juneau: State capital jobs pay well, but the isolated location and high cost of goods can be a shock.
Insider Tip: Your salary in Knik-Fairview may have a "rural premium" attached. Companies here know you could drive 45 minutes to Anchorage for a higher wage, so they often compensate with better work-life balance, flexible hours, or unique benefits like hunting/fishing allowances.
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Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
Letâs get down to brass tacks. With a median salary of $87,242, whatâs your actual monthly budget? Alaska has no state income tax or sales tax, which is a massive advantage. However, we have a Permanent Fund Dividend (PFD) thatâs a seasonal bonus, not a guaranteed monthly income. For this breakdown, weâll focus on consistent monthly cash flow.
Monthly Budget Breakdown for an Accountant Earning $87,242:
- Gross Monthly Salary: $7,270
- Estimated Federal Tax & FICA (22% effective rate): -$1,599
- Estimated Take-Home Pay: $5,671
- Average 1BR Rent in Knik-Fairview: -$1,306
- Remaining for Utilities, Food, Transport, Insurance, Savings: $4,365
This leaves you with a healthy $4,365 for all other expenses. Utilities (heating is key in winter) and groceries will be your next largest costs. A monthly grocery bill for one person can run $400-$600. Car insurance is mandatory (no public transit to speak of) and can be pricey due to weather risksâbudget $150-$200/month.
Can they afford to buy a home?
Yes, absolutely. This is one of the biggest draws of Knik-Fairview. The median home price in the Mat-Su Valley is roughly $400,000 - $450,000 for a 3-bedroom home. With your remaining $4,365, a mortgage payment (including taxes and insurance) of $2,200 - $2,500 is very manageable, leaving over $1,800 for other costs. Compared to the national housing market, this is a significant advantage for building equity.
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Where the Jobs Are: Knik-Fairview CDP's Major Employers
Our job market isn't dominated by massive corporations. Itâs a network of regional heavyweights, local government, and small businesses that need solid financial oversight. Here are the places where accountants actually work:
- Matanuska-Susitna Borough School District: The largest employer in the region. They have a dedicated finance department needing accountants for budgeting, grant management, and payroll for thousands of employees. Stable, with great benefits.
- Matanuska-Susitna Borough Government: Based in Palmer but serving Knik-Fairview. They handle everything from property tax assessment to public works budgeting. Hiring is periodic but offers pension plans.
- Alaska USA Federal Credit Union: A major financial institution with branches in Wasilla and Palmer. They hire accountants for internal audit, loan processing, and member services. They value local market knowledge.
- Local Construction & Engineering Firms: Companies like Spenard Builders Supply (regional) and smaller, local contractors (e.g., Mat-Su Valley Builders) need project accountants who understand the unique cost structure of building in Alaska (weather delays, material shipping costs).
- Healthcare Systems: Mat-Su Regional Medical Center (in nearby Palmer) is a growing employer. Their finance department handles billing, insurance claims, and operational budgeting. The healthcare sector is a steady source of jobs.
- Small Business & CPAs: The backbone of the local economy. Many accountants find work with or start their own CPA firms servicing the myriad of small businessesâfrom tour operators to retail shopsâthat dot the highway. This is where you build your own clientele.
Hiring Trends: Hiring is strongest in Q1 and Q3, aligning with the fiscal year for government and the seasonal ramp-up for construction and tourism. Networking is key; a lot of jobs are filled through word-of-mouth before hitting major job boards.
Getting Licensed in AK
To practice as a CPA (Certified Public Accountant) in Alaska, you must be licensed by the Alaska State Board of Public Accountancy. Hereâs the practical path:
- Education: 150 semester hours of college credit, including a bachelorâs degree and 24 credit hours in accounting and 24 in business. Many Alaskans complete this at University of Alaska Anchorage (UAA) or via online programs.
- Exam: Pass all four sections of the Uniform CPA Exam (AUD, BEC, FAR, REG). You can sit for the exam in Anchorage or take it remotely. Exam fees are approximately $1,000 - $1,500 (national average).
- Experience: One year (2,000 hours) of accounting experience under a licensed CPA. This can be in public accounting, industry, or government.
- Ethics Exam: Pass the AICPA Professional Ethics Exam.
- Application: Submit your application to the Alaska Board. The initial license fee is $400 (as per the Board's fee schedule). A background check is required.
Timeline to Get Started: If you start today with a bachelor's degree, expect 1.5-2 years to complete the 150 credits, pass the exam, and gain the required experience. You can work as a bookkeeper or staff accountant while you pursue your license.
Non-CPA Path: You can be a successful accountant without a CPA, especially in industry or government roles. A Certified Management Accountant (CMA) or Certified Bookkeeper credential can be valuable and may require less time/money to obtain.
Best Neighborhoods for Accountants
Knik-Fairview is a sprawling CDP, so location matters. Hereâs a localâs guide to neighborhoods, focusing on commute and lifestyle.
| Neighborhood | Vibe & Commute | Estimated 1BR Rent | Why It's Good for Accountants |
|---|---|---|---|
| Knik-Fairview Proper (Highway 1 corridor) | Central, convenient for errands. Commute to Wasilla/Palmer is 15-25 mins. | $1,200 - $1,400 | Walkable to basic services. Easy access to major roads for commuting to jobs in Wasilla or Palmer. |
| Farm Loop Area | More residential, quieter, with larger lots. Commute to Wasilla is 20-30 mins. | $1,300 - $1,500 | Great for those who want space (home office potential). Feels more "Alaska" with room for a garden or workshop. |
| Peters Creek | Slightly more upscale, newer developments. Commute to Anchorage is about 45 mins. | $1,400 - $1,600+ | If you find a remote or hybrid job with an Anchorage firm, this location offers a semi-rural feel with a manageable commute. |
| Lakes Area (near Wasilla) | Active, community-focused, near lakes and recreation. Commute to Wasilla jobs is 10-20 mins. | $1,250 - $1,450 | Ideal if you work in Wasilla. Excellent work-life balance with quick access to outdoor activities after work. |
Insider Tip: Don't just look at rent prices. Factor in your commute on the Glenn Highway. Winter driving can double your travel time. Living closer to your job (even if rent is slightly higher) is often worth it for safety and sanity.
The Long Game: Career Growth
In Knik-Fairview, career growth isn't about climbing a corporate ladder in a 50-story skyscraper. It's about deepening your expertise and expanding your network across the region.
- Specialty Premiums: Salaries can jump 10-20% with a specialty.
- Construction/Project Accounting: High demand, high stress. You need to understand job costing, retainage, and change orders. Local firms pay a premium for this.
- Government & Non-Profit Accounting: Knowledge of grant accounting (especially federal) is golden. The Mat-Su School District and Borough are always looking for this.
- Tax Specialization (Alaska-specific): Becoming an expert in Alaskaâs unique tax landscape (no income tax, PFD calculations, fuel tax credits) makes you indispensable to local businesses.
- Advancement Paths:
- Staff Accountant â Senior Accountant: Master the core financials of a local industry (e.g., construction, healthcare).
- Senior â Controller: Oversee all accounting for a medium-sized local company (e.g., a regional engineering firm or a hospital).
- Controller â CFO/Partner: For the ambitious, this means starting your own CPA firm serving the Mat-Su Valley or becoming the CFO for a larger regional business like a mining support company or a large tour operator.
- 10-Year Outlook: The 4% growth projection is realistic. The key driver will be the continued population growth in the Mat-Su Valley. As more people move north from Anchorage, the demand for local services (and thus, accountants to support those services) will rise. Technology will change the jobâmore cloud accounting, less manual data entryâbut the need for strategic financial oversight will remain.
The Verdict: Is Knik-Fairview CDP Right for You?
| Pros | Cons |
|---|---|
| Affordability: The $87,242 median salary goes much further here than in most metros. Homeownership is attainable. | Limited Job Market: With only 37 jobs, you may need to be patient or willing to commute to Wasilla/Anchorage. |
| No Income Tax: Your take-home pay is higher. | Isolation: The "Alaska Premium" on goods, from food to furniture, is real. Shipping costs are high. |
| Outdoor Access: Unbeatable for hiking, fishing, and hunting. A true work-life balance is possible. | Harsh Winters: Driving can be dangerous. You need a reliable 4WD vehicle and winter survival skills. |
| Stable, Niche Market: Youâre not easily replaced. Local knowledge is highly valued. | Limited Cultural Scene: Fewer concerts, museums, and diverse dining options compared to Anchorage. |
Final Recommendation: Knik-Fairview CDP is an excellent choice for an accountant who values quality of life over big-city hustle. If you are a mid-career professional ($75k-$95k range) looking to buy a home, enjoy the outdoors, and work in a stable, relationship-based economy, this is a fantastic fit. Itâs less ideal for a new graduate seeking the variety of a large corporate firm or someone who craves a vibrant urban cultural scene. The key to success here is adaptability and a willingness to build a professional network in the wider Mat-Su Valley.
FAQs
1. Is it hard to find a job as an accountant in Knik-Fairview?
Itâs not about volume; itâs about fit. With only 37 metro jobs, you canât be picky. The key is to target the major employers (School District, Borough, Alaska USA) and network with local CPA firms. Be open to remote/hybrid roles with Anchorage firms, which is increasingly common.
2. Do I need a car?
Absolutely. There is no public transportation system. Youâll need a reliable vehicle, and for winter, 4WD or AWD is strongly recommended. Many locals have a "summer car" and a "winter car."
3. Whatâs the biggest surprise for new accountants moving here?
The cost of everyday items. A gallon of milk or a box of cereal can be 20-30% more expensive than the national average. Also, the PFD (Permanent Fund Dividend) is a bonus, not a salaryâbudget as if it doesn't exist, and use it for savings or big purchases.
4. Can I work remotely for a company outside Alaska?
Yes, and itâs a growing trend. Your salary might be based on Anchorage standards or even national averages, which can be significantly higher than the local median. This is a great way to access top-tier pay while enjoying the Knik-Fairview lifestyle. Ensure your internet is reliable (check with providers like GCI or ACS).
5. How do I prepare for the Alaska lifestyle as an accountant?
Embrace the community. Join local business associations or the Mat-Su Chamber of Commerce. Your professional network will become your support system. Also, invest in a good winter coat and boots before you arriveâyour first winter will be a trial by fire, but youâll come to love the quiet beauty of a snowy landscape on your commute.
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