Top Industries in Magadan
Magadan is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Magadan include:
Mining
Mining is a cornerstone of Magadan's economy, with gold and silver being the primary resources extracted. The industry offers a range of job opportunities, from engineering to operational roles.
Range: $50-$120k
Growth rate: 5%
Fishing
Fishing is another vital industry in Magadan, contributing significantly to the local economy. The industry supports a variety of roles, from fishing operations to processing and logistics.
Range: $30-$80k
Growth rate: 3%
Some job openings:Magadanryba is hiring: Fisheries Manager, Logistics Coordinator
Logistics and Transportation
With the expansion of port facilities, logistics and transportation are growing sectors in Magadan. These industries are crucial for supporting the mining and fishing sectors.
Range: $40-$90k
Growth rate: 6%
Employment Trends and Growth Rates
Magadan's employment trends in 2024 show a steady growth in traditional industries like mining and fishing.
The city is also seeing a rise in logistics and transportation jobs due to infrastructure improvements.
Income inequality remains a concern, with disparities between high-paying mining jobs and lower-paying roles in other sectors.
Job turnover is relatively low, reflecting stable employment in key industries.
Job Market for Remote and Freelance Workers in Magadan
Remote work is gradually gaining traction in Magadan, particularly in sectors like IT and digital marketing.
Local companies are beginning to offer remote positions, aligning with the national trend where 35% of workers are remote.
City-specific job boards are starting to list more remote opportunities, reflecting a shift in the job market.
Job Resources and Networking
Magadan offers several local job boards and resources for job seekers, including career fairs and networking events.
The Magadan Employment Center provides job placement services and career counseling.
Local platforms like MagadanJobs.ru offer listings for both local and remote positions.
Property Prices Rankings
The Property Prices Rankings for Russia evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025