NAICS 62

Healthcare and Social Assistance in Fairbanks-College, AK

Metro Market Score 64.6 (Difficult), ranked #224 of 248 metros. 252 establishments, 5,403 jobs.

Metro Market Score 64.6

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

ⓘ Lower is better. Relative to national healthcare and social assistance average.

💰High-Cost Market

Market conditions for healthcare and social assistance in Fairbanks-College are tougher than average. The 64.6 market score reflects a combination of high labor costs, slowing employment, and moderate competition. Rank: #224 of 248 metros.

Industry Concentration

42.7

LQ: 1.02

Rank #106 of 248 metros

Wage Competitiveness

97.2

$76,996 avg wage

Growth Trend

↓ 31.1

Employment growth index

Rank #172 of 248 metros

Wage Pressure

44.8

YoY wage change index

252 Healthcare and Social Assistance Firms in Fairbanks-College

252

Establishments

+3.3% YoY

5,403

Total Employment

+2.3% YoY

$76,996

Average Annual Wage

+3.9% YoY

1.02

Location Quotient

Above national avg

Within Alaska

#2 of 2

healthcare and social assistance metros in state

Alaska state rank

#44 of 51

for healthcare and social assistance entry risk

vs State Median

0.0

matches median (64.6)

Fairbanks-College vs Alaska Statewide

How this metro's healthcare and social assistance market compares to Alaska overall. The state ranks #44/51 for entry risk.

Measure	Fairbanks-College	AK Statewide
Overall Score	64.6 Difficult	50.3 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#224 of 248 metros	#44 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Fairbanks-College

Finance and Insurance 28.8 Information 35.5 Real Estate and Rental and Leasing 40.6 Professional, Scientific, and Technical Services 43.0 Administrative and Support Services 51.9 Other Services 57.2 Construction 58.2 Retail Trade 74.3 Accommodation and Food Services 80.4

Healthcare and Social Assistance in Other Alaska Metros

Anchorage 63.5 #220/248

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Fairbanks-College's 64.6 score. Useful when comparing markets with comparable entry profiles.

Wildwood-The Villages, FL 64.3 #223/248 Manchester-Nashua, NH 64.0 #222/248 York-Hanover, PA 65.3 #225/248 Winston-Salem, NC 63.5 #221/248 Burlington, NC 63.5 #219/248 Anchorage, AK 63.5 #220/248 Durham-Chapel Hill, NC 66.1 #226/248 Lima, OH 66.5 #227/248 Fond du Lac, WI 62.6 #218/248 Jacksonville, FL 66.8 #228/248

Browse Healthcare and Social Assistance in Other States

State-level entry risk reports for healthcare and social assistance across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Fairbanks-College's healthcare and social assistance sector, the wage competitiveness component (97.2) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Fairbanks-College, AK MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment