Jobs & Economy in Valdez

Valdez's economy runs on a real, genuine singular anchor -- the Trans-Alaska Pipeline System's only ice-free terminal -- alongside a secondary fishing and tourism sector.

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The real TAPS terminal anchor

The Valdez Marine Terminal is the ONLY ice-free port in Alaska connected to the Trans-Alaska Pipeline System, storing more than 7 million barrels of North Slope crude for shipment to West Coast refineries.

Real, genuinely high pipeline-sector wages

Oil-and-gas-distribution employment in Valdez was cited at 455 jobs averaging $120,000/year, with Alyeska Pipeline positions specifically averaging approximately $156,583/year.

A secondary fishing and tourism sector

Beyond the pipeline terminal, Valdez's economy includes commercial and sport fishing and genuine tourism, particularly during the June-August peak season.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.