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Anchorage Industries – Construction

Building in Alaska

For decades, building in Alaska meant starting in Anchorage. As the state’s construction hub, Anchorage is the backbone of Alaska’s industrial, commercial, residential, and infrastructure development, driving progress from the smallest villages to the largest cities.

Construction led job growth in Anchorage in 2024, up 9.2%, and statewide wages in the sector rose 16% between 2022 and 2023. The sector was added 200 jobs in Anchorage in 2025, a roughly 2.4% increase. With new investment in Anchorage, the industry is expected to continue growing at 1.9% over the next three years.

Anchorage is at the epicenter of transformative growth. Today, Anchorage’s construction workforce is one of the strongest in the city, shaping the state’s future with every project. Whether building highways, expanding energy infrastructure, or building housing, Alaska’s future runs through Anchorage.

BY THE NUMBERS

9500

Employment in Anchorage

3rd

Fastest growing sector in Anchorage

Last Updated: August 21, 2026

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