Salary Overview for Alaska
The median individual income in Alaska is $39,530 per year, while the mean (average) individual income is $50,820. The median household income is $80,287.
Cost of Living Adjusted Salary
Alaska's cost of living index is 127 (national average = 100). This means the median salary of $39,530 in Alaska has the purchasing power of approximately $31,126 at the national average cost of living. The higher cost of living in Alaska means you need to earn more to maintain the same standard of living.
Minimum Wage in Alaska
The current minimum wage in Alaska is $11.73/hour, which equals approximately $24,398 per year for a full-time worker (40 hours/week, 52 weeks). See our complete Alaska minimum wage guide for tipped wages, scheduled increases, and more.
Top Employers in Alaska
- State of Alaska
- Providence Health
- US Military
Major Industries in Alaska
- Oil & Gas
- Fishing
- Federal Government
Tax Rates in Alaska
See the full tax breakdown including income tax, sales tax, property tax, and more on our Alaska tax rates page.
Calculate Your Take-Home Pay
Use our Salary Calculator to convert between hourly, weekly, monthly, and annual pay, and estimate your take-home pay in Alaska after federal and state taxes.