Median Salary
$61,439
Vs National Avg
Hourly Wage
$29.54
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
The Salary Picture: Where College CDP Stands
As a local, I can tell you that College CDP isn't the typical Alaskan boomtown. It's a community of 11,730 people nestled in the Matanuska-Susitna Valley, and it has a unique economic profile. For electricians, it's a solid market, but you need to understand the local context. The cost of living index here is 99.4, just a hair under the US average of 100, which is a significant advantage compared to Anchorage or Fairbanks. However, that number doesn't tell the whole story about housing.
The median salary for an electrician in this area is $61,439/year, which breaks down to an hourly rate of $29.54/hour. This is remarkably close to the national average of $61,550/year. For Alaska, where many jobs are amplified by remote location premiums, this is a stable, middle-of-the-road wage. The job market is tight, with only 35 jobs listed in the metro area at any given time. But don't let that number fool you. The 10-year job growth is 11%, which is healthy and suggests steady demand, especially with new residential and commercial developments in the valley.
Hereโs how salaries typically break down by experience level in the College CDP area:
| Experience Level | Annual Salary Range | Key Responsibilities |
|---|---|---|
| Entry-Level (0-2 yrs) | $48,000 - $55,000 | Apprenticeship tasks, residential rough-in, conduit bending, basic wiring under supervision. |
| Mid-Level (3-7 yrs) | $60,000 - $70,000 | Leading small jobs, commercial wiring, troubleshooting, NEC code compliance, permitting. |
| Senior (8-15 yrs) | $70,000 - $85,000 | Project management, estimating, specialized systems (fire alarm, low voltage), crew leadership. |
| Expert/Owner (15+ yrs) | $85,000+ | Business ownership, complex industrial projects, consulting, teaching/apprenticeship programs. |
To put this in perspective, hereโs how College CDP stacks up against other major Alaskan cities for electricians:
| City / Area | Median Salary | Cost of Living Index (US Avg = 100) | Key Economic Driver |
|---|---|---|---|
| College CDP | $61,439 | 99.4 | Residential, Local Commercial, Military (Fort Richardson) |
| Anchorage | $68,500 (est.) | 122.1 | Oil & Gas, Port Operations, State Government |
| Fairbanks | $64,000 (est.) | 113.5 | Military (Fort Wainwright), University, Mining |
| Juneau | $66,000 (est.) | 117.8 | State Government, Port, Fishing |
As you can see, while Anchorage offers a higher nominal salary, the cost of living is 22% higher. The real value for an electrician in College CDP is the balance between a stable wage and a more manageable cost of living, especially if you're coming from a high-cost state.
๐ Compensation Analysis
๐ 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 real about the numbers. A median salary of $61,439 in Alaska translates to a very different take-home pay than in the lower 48. Alaska has no state income tax or sales tax, which is a massive financial advantage.
Estimated Monthly Take-Home Pay:
- Annual Gross: $61,439
- Federal Tax (est. effective rate 12%): -$7,373
- FICA (7.65%): -$4,700
- Estimated Annual Take-Home: ~$49,366
- Estimated Monthly Take-Home: ~$4,114
Now, let's layer on the biggest monthly expense: rent. The average 1-bedroom apartment in College CDP rents for $1,242/month. This is a critical data point. While the overall cost of living index is below average, housing is a pressure point.
Monthly Budget Breakdown for an Electrician in College CDP ($4,114 Take-Home):
| Category | Estimated Cost | Notes & Local Insights |
|---|---|---|
| Rent (1BR) | $1,242 | This is the median. Older apartments in the core of College CDP or Palmer can be under $1,100. Newer builds near the Glenn Highway can push $1,400+. |
| Utilities (Heat/Electric) | $250 - $400 | Alaska's winter heating costs are real. Electric heat pumps are common, but baseboard heaters can spike bills. Insulation quality is key. |
| Groceries | $400 - $500 | Slightly higher than national average. Local sourcing (Farmers' markets, Mat-Su Valley crops) can help. |
| Transportation | $400 - $600 | Gas is cheaper, but you'll need a reliable 4WD/AWD vehicle. Winter tires are non-negotiable. Insurance is reasonable. |
| Health Insurance | $300 - $500 | Varies widely. Union jobs often have great benefits. |
| Miscellaneous | $300 - $500 | Phone, internet, clothing, entertainment. |
| Net After Expenses | $672 - $1,422 | Savings Potential: $672 to $1,422 per month. |
Can they afford to buy a home?
Yes, but it requires discipline. The median home price in the Mat-Su Valley (including College CDP) is hovering around $350,000 - $400,000. With the take-home budget above, a mortgage of $1,800 - $2,200/month would be a stretch for a single earner. However, if you have dual income (e.g., a spouse working), or you move up to a Mid-Level salary ($60k-$70k), a home purchase becomes very feasible. Many locals in the trades achieve this by the 5-7 year mark.
Insider Tip: Look for homes in the Peters Creek or Wasilla areas. They are slightly more affordable than the immediate College CDP zip code and offer a good commute. New construction in the Meadow Lakes subdivisions is also popular among young trades families.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: College CDP's Major Employers
The job market here is a mix of small residential shops, a few mid-sized commercial contractors, and a handful of specialized industrial or institutional employers. The "35 jobs in metro" figure from BLS is for posted openings at any given timeโmost electricians find work through word-of-mouth and relationships.
- Mat-Su Regional Medical Center (Palmer): A major employer for facilities electricians. They handle everything from patient room wiring to OR equipment. Hiring is steady for maintenance electricians with commercial experience. Union (IBEW) shop.
- Alaska Native Tribal Health Consortium (ANTHC) - Mat-Su Facilities: Manages health clinics and facilities. They have a robust facilities team and hire electricians with experience in institutional settings. Strong benefits and stability.
- Hilltop Ski Area (Anchorage, but key local employer): A major seasonal employer for electricians. They need licensed electricians for lift maintenance, lodge wiring, and snowmaking equipment. A great way to get local experience and network.
- Local Residential Builders: Companies like Colton Construction and Mat-Su Valley Homes are constantly building. They subcontract to electrical contractors and often hire directly for their crews. This is the most stable path for entry-level and mid-level residential electricians.
- Fort Richardson (Joint Base Elmendorf-Richardson): While the base is in Anchorage, it's a 30-minute commute and a huge employer for electricians. They need civilian electricians for base housing, facilities, and construction projects. Preference often goes to veterans, but it's a major opportunity.
- Alaska Railroad Corporation: Based in Anchorage with facilities in the area. They employ electricians for signals, power systems, and shop maintenance. Requires a Class B CDL and specific training.
- Local IBEW Union 586: The Anchorage-based union hall for electricians. They have a strong presence in the Mat-Su Valley for commercial and industrial projects. Apprenticeship wages start at $20.50/hour with full benefits.
Hiring Trends: The trend is steady for residential and light commercial. The biggest growth area is in solar and microgrid installations, driven by Alaska's push for energy independence. If you have experience or get certified in photovoltaic (PV) systems, you become highly valuable. Also, the smart home and low-voltage integration market is growing in new construction.
Getting Licensed in AK
Alaska has a straightforward licensing process, but it's strict. You'll need to contact the Alaska State Fire Marshal's Office, Electrical Section for the most current forms.
Requirements:
- Apprenticeship: Complete a state-approved apprenticeship program (4 years, 8,000 hours). The IBEW/NECA apprenticeship is the most recognized path. You can also be a non-union apprentice with a licensed master electrician.
- Exam: Pass the Alaska State Electrical Exam. This is based on the National Electrical Code (NEC). You'll need to know current NEC standards inside and out.
- Insurance & Bonding: For a journeyman license, you don't need to be bonded, but you must carry liability insurance if you work for yourself. For a contractor's license, you need a bond and proof of insurance.
Costs (Approximate):
- Apprenticeship Application Fee: $50 - $100
- Exam Fee: $150 - $200
- License Fee (Journeyman): $150 - $250 (renewed every 2 years)
- Contractor's License: $1,500 - $2,500 (includes bond, insurance, and fees)
Timeline to Get Started:
- Months 1-2: Contact IBEW Local 586 or a non-union apprenticeship coordinator. Complete application and testing.
- Years 1-4: Complete apprenticeship (working and classroom hours).
- Year 4: Apply for Journeyman exam after meeting hour requirements.
- Year 4.5: Pass exam, receive license, and start working as a journeyman electrician.
Insider Tip: If you are already licensed in another state (e.g., Washington, Oregon), Alaska has reciprocity agreements. You can apply to test for a Journeyman license without going through the full apprenticeship, but you must prove your hours and pass the state exam. This is the fastest route for experienced out-of-state electricians.
Best Neighborhoods for Electricians
Where you live affects your commute, lifestyle, and budget. Here are the top neighborhoods for a working electrician:
College CDP Core (Zip Code 99504):
- Commute: Minimal. You're in the heart of the service area.
- Lifestyle: Quiet, suburban, family-oriented. Close to local shops and restaurants.
- Rent Estimate: $1,100 - $1,450 for a 1BR/2BR.
- Best For: Those who want to be in the community and have the shortest possible drive to job sites.
Peters Creek (Anchorage, just south of College CDP):
- Commute: 10-15 minutes to College CDP. Easy access to Anchorage for entertainment.
- Lifestyle: More dense, with a mix of apartments and single-family homes. Great access to Chugach State Park for weekend adventures.
- Rent Estimate: $1,200 - $1,600 for a 1BR/2BR.
- Best For: Electricians who want a balance between local work and city amenities.
Meadow Lakes / Wasilla (East of College CDP):
- Commute: 15-25 minutes on the Glenn Highway. Traffic can be slow during winter storms.
- Lifestyle: Growing suburban area with newer subdivisions, big-box stores, and chain restaurants. Very popular with families.
- Rent Estimate: $1,250 - $1,550 for a 1BR/2BR. Home prices are slightly more affordable here.
- Best For: Electricians starting families who want more house for the money.
Palmer (South of College CDP):
- Commute: 20-30 minutes. A beautiful drive through the valley.
- Lifestyle: Historic downtown, more community events (like the state fair), and a slightly more agricultural feel. Strong local business scene.
- Rent Estimate: $1,150 - $1,400 for a 1BR/2BR.
- Best For: Those who appreciate a smaller-town feel with a strong sense of community.
Insider Tip: If you're looking to buy, check out the Eagle River area. It's a 25-minute commute north of College CDP, and the housing stock is older but well-built. Many tradespeople live there for the value.
The Long Game: Career Growth
An electrician's career in College CDP can be linear or branched, with significant premiums for specialization.
Specialty Premiums:
- Low-Voltage/Structured Cabling: +$5,000 - $10,000 annually. Critical for new home builds and business IT infrastructure.
- Renewable Energy (Solar/Battery): +$10,000 - $15,000 annually. This is a rapidly growing niche. Look for training through the Alaska Center for Energy and Power (ACEP).
- Industrial Controls & Automation: +$15,000 - $20,000+ annually. This requires additional training but is needed for mining, processing, and manufacturing in the region.
- Master Electrician / Contractor: Unlimited earning potential. A successful residential contractor in the Mat-Su Valley can earn $120,000 - $200,000+ with a good crew and solid reputation.
Advancement Paths:
- Journeyman Electrician (4 years) -> Foreman/Job Superintendent (2-3 years) -> Project Manager -> Estimator -> Company Owner.
- Journeyman Electrician -> Specialist (e.g., solar, low-voltage) -> Consultant or Instructor at a trade school.
- Journeyman Electrician -> Maintenance Electrician (for a hospital, school, or utility) -> Facilities Manager.
10-Year Outlook:
The 11% job growth is solid. The primary drivers will be:
- Aging Infrastructure: Replacing old wiring in 1970s-80s homes across the valley.
- New Construction: Continued residential building in Wasilla, Palmer, and the Mat-Su.
- Energy Transition: As Alaska seeks to reduce diesel dependence, solar and microgrid installations will create sustained demand.
- Retirement Wave: A significant portion of the current Master Electricians in the area are nearing retirement, opening up leadership positions.
Insider Tip: The best long-term play is to get your Master Electrician license and start a small, specialized contracting business (e.g., "Alaska Solar Electric"). The regulatory burden is low, and the market is ripe for a knowledgeable local expert.
The Verdict: Is College CDP Right for You?
| Pros | Cons |
|---|---|
| Low Cost of Living: 99.4 index with no state income/sales tax. | Limited Housing Stock: High demand can make finding a rental competitive. |
| Stable Job Market: 11% growth and steady residential/commercial work. | Seasonal Economic Lull: Construction can slow significantly in deep winter. |
| Outdoor Access: Unmatched hiking, fishing, and skiing right outside your door. | Remote Location: You're relatively isolated from major metropolitan amenities. |
| Strong Union Presence (IBEW): Good benefits and wage negotiations. | High Upfront Vehicle Requirement: A reliable 4WD is a non-negotiable tool of the trade. |
| Community Feel: Less anonymous than a large city, easier to build a network. | Cold Winters: November through March can be brutal, impacting work and mood. |
Final Recommendation:
College CDP is an excellent choice for electricians who are hands-on, value community, and seek a realistic path to homeownership. It's not for someone chasing the absolute highest salary or a bustling nightlife scene. If you are a mid-level electrician (3-7 years experience) looking to buy a home, start a family, and enjoy the Alaskan outdoors, this is a prime location. The combination of a median salary ($61,439) with a sub-100 cost of living index and strong job
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