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Ironworker Salary in Anchorage, AK

How much does a ironworker make in Anchorage? Explore median, entry-level, and senior salaries adjusted for Anchorage's cost of living.

Median Salary
$102,056
per year in Anchorage
Entry Level
$53,457
Starting salary
Senior Level
$142,556
Experienced professionals
Cost of Living
171
71% above national avg

Salary Breakdown by Experience Level

See how ironworker salaries break down across different pay periods in Anchorage.

PeriodEntry LevelMedianSenior
Annual$53,457$102,056$142,556
Monthly$4,455$8,505$11,880
Biweekly$2,056$3,925$5,483
Weekly$1,028$1,963$2,741
Hourly$26$49$69

Anchorage vs National Average

How Anchorage's ironworker salaries compare to national figures.

Anchorage Salary
$102,056
COL Index: 171
National Average
$56,840
COL Index: 100
Difference
+$45,216
Higher in Anchorage

Cost of Living in Anchorage

1-Bedroom Rent
$2,450
per month
Median Income
$73,456
per year
Population
290,797
residents
Rent % of Income
40.0%
median household
Cost of Living Index: 171 — A score of 100 represents the U.S. average. Salaries in Anchorage have been adjusted to account for local cost differences.

About Ironworker

Overview

Assemble and erect structural steel and reinforced concrete.

Education

High school diploma; apprenticeship required

Key Skills

Steel WorkSafetyRiggingHeight Work

Growth Rate

Expected job growth: +12% over the next decade

Compare Cities: Ironworker Salary

See Ironworker salaries in other top cities.

New York, NY
$92,980
-9%
Los Angeles, CA
$64,480
-37%
Chicago, IL
$93,190
-9%
Houston, TX
$50,610
-50%
Phoenix, AZ
$67,010
-34%

Financial Tools to Explore

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Ironworker Salary in Anchorage, AK — Complete Guide

Median Salary Overview

The median salary for a ironworker in Anchorage, AK is $102,056 per year, adjusted for the local cost of living index of 171. This figure reflects typical earnings for experienced professionals in this role, considering Anchorage's unique economic conditions.

Salary Range and Experience Levels

Entry-level ironworker professionals in Anchorage can expect to earn around $53,457 annually. As professionals gain experience, salaries typically increase, with senior-level ironworkers earning approximately $142,556 per year. This represents a 167% increase from entry to senior level.

Cost of Living Adjustment

Anchorage's cost of living index of 171 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Anchorage are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $56,840, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a ironworker's salary in Anchorage typically goes toward housing. With a 1-bedroom apartment averaging $2,450 per month, housing represents about 28.8% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Ironworkers are in growing demand across the United States, with an expected job growth of 12% over the next decade. In Anchorage, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.