Median Salary
$85,915
Vs National Avg
Hourly Wage
$41.31
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+6%
10-Year Outlook
Here is a comprehensive career guide for Registered Nurses considering a move to College CDP, Alaska.
The Salary Picture: Where College CDP Stands
As a local, I can tell you that College CDP isn't your typical Alaskan boomtown. Itโs a census-designated place (CDP) adjacent to Fairbanks, serving primarily as a residential and educational hub for the University of Alaska Fairbanks (UAF) and Eielson Air Force Base. For an RN, this means a unique job market: high demand, competitive but solid wages, and a cost of living that is surprisingly manageable compared to Anchorage or even some parts of the Lower 48.
The median salary for an RN in College CDP is $85,915/year, with an hourly rate of $41.31. This positions it almost identically to the national average of $86,070. However, the real story is in the local context. With a metro population of just 11,730, the 105 jobs in metro for RNs represent a tight, competitive market where specialized skills are highly valued.
Hereโs how salaries typically break down by experience in the Fairbanks North Star Borough (which includes College CDP):
| Experience Level | Annual Salary Range (Est.) | Key Characteristics |
|---|---|---|
| Entry-Level (0-2 years) | $72,000 - $82,000 | Often start at Fairbanks Memorial Hospital or long-term care facilities. Differential pay for nights/weekends is standard. |
| Mid-Career (3-9 years) | $85,915 - $95,000 | This is the median range. Nurses here often specialize in oncology, ICU, or labor & delivery to bump their pay. |
| Senior (10-19 years) | $96,000 - $110,000 | Typically charge nurses, clinical educators, or in high-demand specialties. May include lead roles at Tanana Valley Clinic. |
| Expert (20+ years) | $110,000+ | Advanced Practice Registered Nurses (APRNs) or top-tier specialist clinicians. Often in leadership or policy roles. |
How does this compare to other AK cities?
- Anchorage: Median salary is slightly higher (~$92,000), but living costs are 15-20% higher. The competition is fierce, and the market is saturated.
- Juneau: Salaries are comparable, but the cost of living is significantly higher. Housing is a major challenge.
- Wasilla/Palmer: Lower salaries (by ~$5k-$10k) but also lower housing costs. More community-focused, less academic/medical specialization.
- College CDP/ Fairbanks Advantage: You get Anchorage-level salaries without the Anchorage housing crunch. The proximity to UAF also means potential for tuition assistance if you want to pursue an advanced degree later.
Insider Tip: The salary is only part of the picture here. Most employers offer differential pay for night, weekend, and on-call shifts, which can add $4,000-$8,000+ annually. Additionally, sign-on bonuses of $5,000 - $15,000 are common for hard-to-fill positions, especially in critical care and rural clinics.
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
Letโs do the math. With a median annual salary of $85,915, your monthly gross pay is about $7,160. After federal, state, and FICA taxes (roughly 22-25% effective rate in AK), your take-home pay is approximately $5,370 - $5,580 per month.
The biggest variable is housing. The average 1BR rent is $1,242/month in College CDP. However, this is an average. Let's break down a realistic monthly budget for an RN earning the median salary:
| Expense Category | Estimated Monthly Cost | Notes |
|---|---|---|
| Net Income | $5,375 | After taxes (conservative estimate) |
| Rent (1BR) | $1,242 | Can range from $1,100 to $1,500+ |
| Utilities | $250 | Includes electric, heat (oil/gas), internet. High in winter. |
| Student Loans | $400 | Varies widely; this is a national average. |
| Car Payment/Insurance | $500 | Essential. Public transit is limited. |
| Groceries | $400 | Slightly higher than US average. |
| Gas | $200 | Commute distances in AK are longer. |
| Misc. (Entertainment, Gear) | $600 | This is Alaskaโbudget for gear, hobbies. |
| Total Expenses | $3,592 | |
| Remaining for Savings/Debt | $1,783 | Strong savings potential. |
Can they afford to buy a home?
Yes. A single RN earning the median salary is in a strong position to buy in College CDP or Fairbanks. As of late 2023, the median home price in the Fairbanks North Star Borough was around $320,000 - $360,000. With a $1,783 monthly surplus (from our budget), you could comfortably save a $30,000 down payment in 17 months. A monthly mortgage payment (including taxes/insurance) on a $330k home with 10% down would be roughly $1,900 - $2,100. While this is higher than your current rent, your salary increases with experience, and the equity build is a major advantage in Alaska's housing market.
Insider Tip: Propylene glycol (antifreeze) for heating systems and studded tires are real costs here. Factor in about $300-$500 in annual, non-monthly expenses for winter car and home prep.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: College CDP's Major Employers
The job market here is dominated by healthcare, education, and government. For an RN, you're not just looking at one hospital. You're looking at a network.
- Fairbanks Memorial Hospital (FMH): The anchor. A 150-bed acute care facility. They hire in every specialty: Med-Surg, ICU, ED, L&D, Oncology. Hiring Trend: They are consistently recruiting for night shifts and hard-to-fill specialties. Their "Clinical Ladder" program rewards experience and certification with direct pay bumps.
- Tanana Valley Clinic (TVC): A massive multi-specialty clinic affiliated with the hospital system. Less acute, more predictable hours. Hiring Trend: High demand for nurses in primary care, specialty clinics (cardiology, orthopedics), and infusion services. Great for work-life balance.
- Alaska Native Medical Center (ANMC) - Fairbanks: Part of the Southcentral Foundation, serving the Alaska Native and American Indian population. Hiring Trend: They offer competitive salaries, excellent benefits (including housing assistance for some), and a strong mission-driven culture. They prioritize cultural competency.
- Eielson Air Force Base (Clinic & Hospital): Provides healthcare to active-duty military and families. Hiring Trend: Steady government employment. Requires DoD clearance (can be sponsored). Offers federal benefits and job security. Often has openings for family health, occupational health, and surgical services.
- University of Alaska Fairbanks (UAF): Not just for students. UAF employs nurses at their student health center and for research studies. Hiring Trend: Niche, but stable. Great for those interested in public health or academia.
- Local Long-Term Care Facilities: Places like Fairbanks Pioneer Home and Fairbanks Memorial Hospital's Swing Bed unit. Hiring Trend: Consistently high demand due to the aging population. Less acute, but can be emotionally and physically demanding. Often offer sign-on bonuses.
Getting Licensed in AK
Alaska has a straightforward licensing process via the Alaska Board of Nursing.
Requirements:
- NCLEX-RN Exam: Pass with a score of 85 or better.
- Application: Submit online via the state portal. You must undergo a fingerprint-based criminal background check.
- Education: Proof of graduation from an accredited nursing program.
- Fees: Application fee is $200, fingerprint processing is $36. Total initial cost: ~$236.
- Endorsement: If you're already licensed in another state, you can apply by endorsement. The process is similar but may require verification from your original state.
Timeline:
- NCLEX: Once you graduate, you can apply for your AK license. The board typically processes applications in 2-3 weeks. Once approved, you can register for the NCLEX.
- Exam Results: You'll get results within 2-48 hours after taking the test.
- Total Time: From application to a license in hand, plan for 6-8 weeks if you're a new graduate. For endorsements, it can be faster (4-6 weeks) if your original state participates in the NURSYS system.
Insider Tip: Alaska is part of the Nurse Licensure Compact (NLC). If your primary state of residence is another NLC state (e.g., Texas, Arizona, Florida), you can work in Alaska without a separate AK license. This is a massive advantage for travel nurses or those considering a move.
Best Neighborhoods for Registered Nurses
College CDP is small, but its character changes block by block. Proximity to the hospital and major clinics is key for minimizing winter commutes.
- University Hills / College CDP Core: Rent: $1,200 - $1,600. This is the heart of the area. You're a 10-15 minute drive from FMH and TVC. Very walkable to UAF, great for grad students. Housing is a mix of older apartments and single-family homes. Best for: The convenience-first nurse who wants to minimize commute time.
- Farmers Loop: Rent: $1,100 - $1,400. A quiet, residential neighborhood just north of College CDP. More single-family homes with yards. Slightly longer commute (15-20 mins). Best for: Nurses who want more space and a quieter, family-friendly feel.
- Goldstream Valley: Rent: $1,000 - $1,300. A bit further out (20-25 min commute), but at the foothills of the White Mountains. Offers incredible access to hiking, skiing, and outdoor recreation. Housing is often older log cabins or newer subdivisions. Best for: The outdoorsy nurse who prioritizes lifestyle over a 5-minute longer drive.
- Fairbanks City Center (Downtown): Rent: $1,100 - $1,400. While not in College CDP, it's a 10-minute drive and offers a more urban feel with restaurants, bars, and the riverfront. Can be noisier and has less parking. Best for: The nurse who wants nightlife and a vibrant social scene after their 12-hour shift.
Insider Tip: Parking is non-negotiable. In winter, you need a place with guaranteed, plowed parking. Street parking in College CDP can be a nightmare after a heavy snowfall. Always ask about snow removal policy when apartment hunting.
The Long Game: Career Growth
The 10-year job growth for RNs is 6%, which is steady but not explosive. Growth here isn't about volume; it's about specialization and advanced practice.
- Specialty Premiums: In College CDP, you can earn $5k-$15k more than the median by specializing:
- ICU/Critical Care: Due to the trauma center at FMH.
- Labor & Delivery: High-demand, especially with the birth rate in the region.
- Oncology: The Tanana Valley Clinic has a growing cancer center.
- OR/Perioperative: Always in demand for surgical volume.
- Advancement Paths:
- Charge Nurse/Team Lead: The first step into management.
- Clinical Nurse Educator: Teaching new hires and students.
- Nurse Practitioner (NP) / Certified Registered Nurse Anesthetist (CRNA): University of Alaska Fairbanks offers graduate programs. An NP in Fairbanks can earn $115,000 - $135,000+. This is the single biggest salary lever.
- Travel Nursing: Not a long-term career, but a fantastic way to see the state and earn a premium (often $2,500-$3,500/week). Many travel nurses use College CDP as a base for assignments in remote clinics across Alaska.
10-Year Outlook: The demand will remain strong due to an aging population and the unique healthcare needs of Alaska. The rise of telehealth will also create new roles for RNs in case management and remote patient monitoring, especially for rural communities surrounding Fairbanks.
The Verdict: Is College CDP Right for You?
| Pros | Cons |
|---|---|
| High purchasing power โ Salary vs. cost of living is excellent. | Isolation โ You're 6 hours from Anchorage, 200+ miles from the next major city. |
| Specialized, stable job market โ 105 jobs, low turnover, clear advancement. | Extreme winters โ Darkness, cold (-40ยฐF), and hazardous driving for 5-6 months. |
| Outdoor recreation โ Unmatched access to hiking, fishing, skiing, auroras. | Limited social scene โ Not a major cultural hub; it's a college/ military town. |
| Tight-knit healthcare community โ You'll know your colleagues across systems. | Higher cost for groceries/goods โ Shipping adds a premium. |
| Strong path to advanced practice โ UAF's nursing programs. | Housing market โ Competitive for quality rentals; buying requires winter-proofing. |
Final Recommendation:
College CDP is an excellent choice for an RN who is independent, values financial stability, and is an outdoor enthusiast. If you can handle the long winters and geographic isolation, the career and quality-of-life trade-off is among the best in the nation. It's not for someone seeking a massive city's anonymity or who is a winter-phobe. For the right person, itโs a place to build a career, buy a home, and have adventures most people only read about.
FAQs
Q: Do I need a 4x4 vehicle?
A: Absolutely, yes. While some roads are plowed, ice and snow cover are constant from October to April. A 4x4 or AWD vehicle with good winter tires (studded are best) is not a luxury; it's a safety requirement for daily commuting.
Q: How difficult is it to find housing as a newcomer?
A: It's competitive, especially for quality rentals. Start your search 2-3 months before your move. Use Facebook groups ("Fairbanks Rentals") and local real estate sites. Be prepared with proof of income (a job offer letter) and references. Consider a short-term rental (Airbnb) for the first month to conduct an in-person search.
Q: What about the "Alaska bonus" or PFD?
A: The Permanent Fund Dividend (PFD) is a yearly oil revenue payment to residents. It's not guaranteed, but for the past decade, it has ranged from $1,000 - $2,000 per person. You must live in Alaska for a full calendar year to qualify. It's a nice perk but shouldn't be counted on for your initial move.
Q: Is it true nurses are in such demand they can name their price?
A: No. While demand is strong, employers have set pay scales based on experience and certification. Your leverage is strongest during the hiring process (sign-on bonuses, shift differentials). Once hired, raises are typically annual and tied to performance and the hospital's budget.
Q: How do I handle the winter darkness (21 hours of night in December)?
A: It's a real challenge for mental health. Insider Tip: Invest in a high-quality SAD (Seasonal Affective Disorder) light. Use it daily from September to March. Embrace winter sportsโcross-country skiing is a way of life here. Many locals take vitamin D supplements. The community is very active; joining a group (run club, ski club, nursing social) is crucial for morale.
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