Median Salary
$49,910
Vs National Avg
Hourly Wage
$24
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
The Salary Picture: Where College CDP Stands
As a local who’s watched this small community evolve, I can tell you that the salary for a Construction Manager in College CDP, Alaska, is a key reason some professionals choose to stay. The median salary here sits at $108,015/year, which translates to an hourly rate of $51.93/hour. It’s worth noting that this figure is remarkably close to the national average for the occupation, which is $108,210/year (BLS, May 2023). In a town of just 11,730 people, having wages that track with national standards is a significant economic advantage.
What does this mean for your career trajectory? The local job market for Construction Managers is small but stable, with approximately 23 jobs currently in the metro area. The 10-year job growth projection is 8%, which aligns with the national outlook. This isn't a boomtown with explosive growth, but it offers steady, predictable opportunities for those who value community over a fast-paced corporate ladder.
Here’s how salaries typically break down by experience level in the Fairbanks North Star Borough, which College CDP is part of:
| Experience Level | Estimated Annual Salary | Notes |
|---|---|---|
| Entry-Level (0-3 years) | $75,000 - $90,000 | Often starts with assistant project manager or field engineer roles. |
| Mid-Career (4-9 years) | $95,000 - $115,000 | This is where the median $108,015 sits. You're running your own projects. |
| Senior (10-19 years) | $120,000 - $140,000 | Oversees multiple projects or a regional portfolio. |
| Expert/Executive (20+ years) | $145,000+ | Typically a VP of Construction or owner of a local firm. |
Compared to other AK cities:
- Anchorage: Salaries are often higher ($115,000 - $125,000 for mid-career), but the cost of living and competition are also significantly higher.
- Juneau: Similar salary range to Anchorage, but the market is smaller and more dominated by state government projects.
- Wasilla/Palmer: Salaries can be slightly lower ($100,000 - $110,000 for mid-career), but the cost of living is also less.
College CDP offers a "sweet spot" of decent pay relative to the local cost of living, especially if you're coming from a lower-wage market outside of Alaska.
📊 Compensation Analysis
📈 Earning Potential
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
Let’s get practical. With a median salary of $108,015, your take-home pay after Alaska state taxes (no state sales or income tax, but federal taxes apply) and FICA will be roughly $78,000 - $82,000 annually, or about $6,500 - $6,800/month. This is a conservative estimate; your exact take-home depends on your retirement contributions and health plan.
The average 1-bedroom rent in College CDP is $1,242/month. That’s your single biggest expense. Let’s build a realistic monthly budget for a Construction Manager earning the median salary.
Monthly Budget Breakdown (Median Salary: $108,015)
- Take-Home Pay: ~$6,600 (estimate)
- Rent (1BR): $1,242
- Utilities (Electric, Heat, Internet): $350 (Alaska winter heating is a real cost)
- Groceries & Food: $600 (higher than national average due to logistics)
- Car Payment/Insurance/Gas: $600 (essential; no public transit to speak of)
- Health Insurance (if not covered by employer): $300
- Miscellaneous (Entertainment, Clothing, Savings): $1,508
This leaves a healthy surplus, especially if you have a spouse with an income or are single. The key is managing the high initial costs of moving and setting up a household (e.g., buying winter gear, a reliable AWD vehicle).
Can you afford to buy a home?
Yes, absolutely. The median home price in the Fairbanks North Star Borough is around $325,000 - $350,000. With a $108,015 salary, a 20% down payment ($65,000-$70,000) is a significant but attainable goal. A mortgage payment, including property taxes and insurance, would likely be in the $1,800 - $2,100/month range. For many mid-career professionals, this is manageable and often seen as a better long-term investment than renting, especially given the long-term stability of the local market.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: College CDP's Major Employers
The employment landscape for Construction Managers in College CDP and the greater Fairbanks area is dominated by a mix of government, military, and private contracting. Here are the key players:
- University of Alaska Fairbanks (UAF): As a major research institution, UAF has a constant need for facility management, new construction (like the new engineering building), and renovation projects. They hire owners' representatives and construction managers directly.
- Fort Wainwright Army Base: This is a massive driver of the local economy. The base requires constant construction, maintenance, and renovation of housing, barracks, training facilities, and infrastructure. Prime contractors like Brasfield & Gorrie or Hensel Phelps often manage these projects, hiring local project managers.
- Fairbanks North Star Borough School District: With multiple schools in College CDP and the surrounding area, the district manages bond-funded construction and ongoing maintenance. They employ facilities managers and construction project managers.
- Alaska Department of Transportation & Public Facilities (DOT&PF): The state is the largest owner of public infrastructure. The Fairbanks office oversees road, bridge, and airport projects across the Interior. They hire directly for project management roles.
- Local General Contractors: Firms like Knik Construction, Scott Construction, and Raven, Inc. are staples in the region. They handle everything from commercial buildings to private residential developments. These are often the best places to get hands-on experience.
- Cold Climate Housing Research Center (CCHRC): Affiliated with UAF, this is a hub for innovative building science. They sometimes seek project managers with an interest in sustainable and energy-efficient construction.
- Private Development Firms: As College CDP grows, developers building new subdivisions or commercial strips (like near the Geist Road corridor) will need construction management oversight.
Hiring Trends: The market is stable, not volatile. Most hiring happens through networking and winter/spring for the summer construction season. Military and federal contracts are the most consistent drivers.
Getting Licensed in AK
Alaska does not have a state-level mandatory license for Construction Managers, unlike architects or engineers. However, to be competitive and legally compliant for public or large commercial work, you will need specific certifications and registrations.
- Professional Engineer (PE) License (if offering engineering services): If your role involves any design or engineering stamped plans, a PE license from the Alaska State Board of Registration for Professional Engineers is essential. This requires an ABET-accredited degree, passing the FE and PE exams, and work experience. Cost: Exam fees (
$800) + application fees ($300). - Contractor's License: If you own or are a principal of a construction firm, you need an Alaska Contractor's License from the Division of Corporations, Business & Professional Licensing. There are different classifications (e.g., General Contractor, Residential Contractor). Cost: Application fee ($200-$400) + bond requirements (varies, often $10,000+).
- Certifications (Highly Recommended):
- Certified Construction Manager (CCM): Offered by CMAA, this is the gold standard and significantly boosts credibility and earning potential. Cost: Exam (
$495) + application ($150). - OSHA 30-Hour Construction Certification: A non-negotiable for any site management role. Cost: ~$150-$200 online.
- Certified Construction Manager (CCM): Offered by CMAA, this is the gold standard and significantly boosts credibility and earning potential. Cost: Exam (
Timeline to Get Started: You can apply for most professional certifications and licenses immediately upon meeting educational and experience requirements. The process can take 2-6 months for paperwork and examination scheduling. Insider Tip: Start networking with the local AK chapter of the Associated General Contractors (AGC) while you're still in the licensing process.
Best Neighborhoods for Construction Managers
College CDP is a census-designated place, so "neighborhoods" are more like zones. Your choice will depend on your commute and lifestyle.
| Neighborhood/Area | Vibe & Commute | Estimated 1BR Rent | Why It's a Good Fit |
|---|---|---|---|
| UAF/College Road Corridor | Academic, walkable to campus, older housing stock. 5-10 min commute to most work sites. | $1,100 - $1,400 | Ideal if you work at UAF, DOT&PF, or CCHRC. Younger professionals and academics. |
| Goldstream Valley | Rural, spacious lots, newer homes. 15-20 min commute to College CDP or Fairbanks. | $1,000 - $1,300 | Great for those wanting land, privacy, and a "wilderness" feel. Popular with outdoor enthusiasts. |
| Far North/Geist Road | Suburban, family-oriented, newer subdivisions. 10-15 min commute. | $1,200 - $1,500 | Best for families. Close to schools, shopping, and the Fort Wainwright gate. |
| Downtown Fairbanks | Urban, walkable, older buildings. 15-20 min commute to College CDP. | $1,300 - $1,600 | For those who want nightlife, restaurants, and a more city-like feel. Not for everyone. |
| Eielson AFB Area | Military-centric, very affordable housing. 25-30 min commute to College CDP. | $900 - $1,200 | If you work on base or with military contractors, the commute is reasonable and housing is cheap. |
The Long Game: Career Growth
In College CDP, career growth is less about climbing a corporate ladder and more about gaining specialized expertise and moving into leadership or entrepreneurship.
Specialty Premiums:
- Heavy/Civil Construction (e.g., roads, runways): Can command a 10-15% premium due to the complexity and scale.
- Cold-Climate/Arctic Engineering: Expertise in building for extreme conditions is highly valued and can lead to consulting opportunities.
- Federal/Military Project Management: Experience with DOD or GSA contracts is a golden ticket, opening doors to national firms.
Advancement Paths:
- Project Engineer → Project Manager → Senior PM → Operations Manager (at a local GC).
- Project Manager → Owner's Representative (for UAF, the Borough, or a large private owner).
- Senior PM → Construction Manager → Director of Construction (for a school district or university).
- Start Your Own Firm: Many successful local contractors started as project managers for others.
10-Year Outlook (8% growth): The need to replace an aging workforce, coupled with ongoing military infrastructure spending and university expansion, will sustain demand. Climate change adaptation (e.g., permafrost thaw mitigation) will create new niches. However, the market will remain small; growth is in depth, not breadth.
The Verdict: Is College CDP Right for You?
| Pros | Cons |
|---|---|
| Salary-to-Cost Ratio: Your $108,015 goes far here compared to major metros. | Isolation & Weather: Long, dark, cold winters can be mentally taxing. Limited travel options. |
| Stable Job Market: Driven by military, government, and university. Low unemployment for skilled pros. | Small Market: Limited number of employers. Job changes may require relocating within the state. |
| Outdoor Recreation: Unparalleled access to hiking, fishing, skiing, and the Northern Lights. | High Cost of Goods: Everything from groceries to car parts is more expensive. |
| Strong Community: It's a tight-knit, friendly town where you're not just a number. | Seasonal Economy: Construction slows or stops in deep winter, affecting some project timelines. |
| Low Traffic & Hassle: A 15-minute commute is the norm. | Limited Cultural/Dining Scene: Fewer options than Anchorage or other cities. |
Final Recommendation: College CDP is an excellent choice for a Construction Manager who values stability, outdoor adventure, and a community feel over big-city amenities. It’s particularly well-suited for mid-career professionals (5-15 years of experience) who can command the median salary and are looking to buy a home and build a long-term life. If you thrive in self-reliant, close-knit environments and aren’t deterred by brutal winters, this is a fantastic place to practice your craft.
FAQs
Q: Do I need a 4-year degree to be a Construction Manager in AK?
A: While a bachelor’s in Construction Management, Engineering, or Architecture is highly preferred (and often required for larger firms and government roles), extensive field experience (10+ years) can sometimes substitute. However, for long-term growth and licensure (like a PE), a degree is strongly advised.
Q: How important is knowing someone to get a job here?
A: Extremely important. The market is small, and reputation is everything. Attend local AGC meetings, connect with professionals on LinkedIn from Fairbanks-based firms, and be prepared to interview in person. A referral from a current employee is a huge advantage.
Q: What’s the construction season really like?
A: The main season runs from May to September. From October to April, work shifts to interior renovations, planning, and design. The winter slowdown is real, but salaried managers are typically kept on year-round. If you’re a field-focused superintendent, you may have seasonal layoffs.
Q: Is the pay really as good as it seems with the cost of living?
A: Yes, for a single person or dual-income household. The lack of state income tax and sales tax is a major benefit. The cost of living index of 99.4 means it's virtually at the national average, but your salary is also at the national average. The financial advantage comes from the ability to afford a home and build equity more easily than in many metro areas.
Q: What’s the best way to prepare for the move?
A: Secure a job offer first. Then, budget for relocation costs, a reliable AWD/4WD vehicle (non-negotiable), and quality winter gear (think $1,000+ for a proper coat, boots, etc.). Connect with the local Fairbanks community online before you arrive to get insider tips on housing and services.
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