NAICS 44-45

Retail Trade in Fairbanks-College, AK

Metro Market Score 74.3 (Difficult), ranked #362 of 378 metros. 257 establishments, 4,581 jobs.

Metro Market Assessment

Metro Market Score 74.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national retail trade average.

💰High-Cost MarketRising Wages

Fairbanks-College stands out for high retail trade labor costs. Wage competitiveness hits 92.1 (above the 70th percentile of metros), and year-over-year wage pressure at 89.1 signals continued increases. Plan for higher payroll if entering this market.

Industry Concentration
72.2
LQ: 1.24
Rank #273 of 378 metros
Wage Competitiveness
92.1
$44,032 avg wage
Growth Trend
48.7
Employment growth index
Rank #195 of 378 metros
Wage Pressure
89.1
YoY wage change index

257 Retail Trade Firms in Fairbanks-College

257
Establishments
+0.4% YoY
4,581
Total Employment
-0.2% YoY
$44,032
Average Annual Wage
+5.3% YoY
1.24
Location Quotient
Above national avg
Within Alaska
#2 of 2
retail trade metros in state
Alaska state rank
#5 of 51
for retail trade entry risk
vs State Median
0.0
matches median (74.3)

Fairbanks-College vs Alaska Statewide

How this metro's retail trade market compares to Alaska overall. The state ranks #5/51 for entry risk.

Measure Fairbanks-College AK Statewide
Overall Score 74.3 Difficult 37.2 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #362 of 378 metros #5 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

Retail Trade in Other Alaska Metros

Retail Trade Metros With Similar Conditions

Metros within 5 points of Fairbanks-College's 74.3 score. Useful when comparing markets with comparable entry profiles.

Browse Retail Trade in Other States

State-level entry risk reports for retail trade 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 retail trade sector, the wage competitiveness component (92.1) 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

Data period: 2024. Last updated: April 2026.