The annual salary statistics of food preparation workers in Fairbanks, Alaska is shown in Table 1. The wage information of food preparation workers in Fairbanks is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $24,240 |
| 25th Percentile Wage | $28,940 |
| 50th Percentile Wage | $34,310 |
| 75th Percentile Wage | $38,790 |
| 90th Percentile Wage | $43,420 |
Table 1 shows the average annual salary for food preparation workers in Fairbanks, Alaska in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $43,420. The median (50th percentile) annual salary is $34,310. The average annual salary for the bottom 10 percent earners is $24,240.
The table and chart below show the trend of the median salary of food preparation workers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $34,310 | 8.25% | 15.16% |
| 2021 | $31,480 | 5.88% | - |
| 2020 | $29,630 | 5.50% | - |
| 2019 | $28,000 | 9.86% | - |
| 2018 | $25,240 | -8.87% | - |
| 2017 | $27,480 | 0.36% | - |
| 2016 | $27,380 | 1.94% | - |
| 2015 | $26,850 | 26.52% | - |
| 2014 | $19,730 | 2.48% | - |
| 2013 | $19,240 | -51.30% | - |
| 2012 | $29,110 | - | - |
From Table 3 we note that with a median annual salary of $34,310, Fairbanks is the second highest paying city for food preparation workers in state of Alaska, following the highest paying city Alaska nonmetropolitan area (median annual salary of $34,520). Compared with Alaska nonmetropolitan area, the median annual salary of food preparation workers in Fairbanks is .6 percent (.6%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Alaska nonmetropolitan area | |
| Fairbanks | |
| Anchorage | |
| Railbelt-Southwest Alaska nonmetropolitan area | |
| Southeast Alaska nonmetropolitan area |