SalaryNode

Average Heavy and Tractor-Trailer Truck Drivers Salary in Binghamton, NY

Heavy and Tractor-Trailer Truck Drivers in Binghamton, NY, earn an average annual salary of $58,880. This figure is slightly above the national average of $58,380, suggesting a stable demand for these essential roles within the local economy. Factors such as regional logistics networks and the specific needs of businesses in the Binghamton area likely contribute to this competitive compensation.

Executive Summary

  • Average Salary: $58,880 per year.
  • Growth Trend: Salaries have shifted 20.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,950.
  • Outlook: With a local workforce of 1,340 Heavy and Tractor-Trailer Truck Drivers, Binghamton demonstrates a significant concentration of these professionals. The Location Quotient of 1.04 indicates that this occupation is slightly more prevalent in Binghamton than the national average, pointing to a robust and potentially growing job market for truck drivers in the region.
2024 Market Data

Salary Overview

$58,880

The average Heavy and Tractor-Trailer Truck Drivers in Binghamton, NY earns+0.9%above the national average.

BreakdownBased on 40h/week
Hourly

$28.3

Weekly

$1,132

Monthly

$4,907

Heavy and Tractor-Trailer Truck Drivers Salary Distribution in Binghamton, NY

Salary progression for Heavy and Tractor-Trailer Truck Drivers is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized endorsements or extensive driving records can command significantly higher salaries. The widening gap between entry-level and senior-level pay reflects the value placed on expertise, reliability, and a clean driving history.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$43,340$20.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$44,160$21.2
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$56,250$27
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$73,600$35.4
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$80,950$38.9

Detailed Heavy and Tractor-Trailer Truck Drivers Market Analysis

Relocation Context

Nominal Salary

$58,880

Gross Pay

Real Wage (Purchasing Power)

$58,880

Adjusted for COL (100)

The average annual salary of $58,880 in Binghamton, NY, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a truck driver's salary in Binghamton is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to everyday expenses.

Job Market Context

1,340

Total Jobs

13.932

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Binghamton, NY has a slightly higher-than-average concentration of Heavy and Tractor-Trailer Truck Drivers roles compared to the national norm.

A Location Quotient of 1.04 signifies that Heavy and Tractor-Trailer Truck Drivers are slightly more concentrated in Binghamton, NY, compared to the national average. This suggests a healthy job market where demand is at least on par with, if not slightly exceeding, the national level, indicating good opportunities for employment and potential for competitive compensation.

Nearby Job Markets

Hiring Heavy and Tractor-Trailer Truck Driverss?

Frequently Asked Questions

How much does a Heavy and Tractor-Trailer Truck Drivers make in Binghamton, NY?

The median annual salary for a Heavy and Tractor-Trailer Truck Drivers in Binghamton, NY is $58,880. This typically ranges from $43,340 for entry-level positions to $80,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 0.9% higher than the national median of $58,380.

Is Binghamton, NY a lucrative place for Heavy and Tractor-Trailer Truck Drivers?

Yes, Binghamton, NY offers a competitive environment for Heavy and Tractor-Trailer Truck Drivers.The average salary of $58,880 slightly surpasses the national average, and the cost of living is exactly at the national average, indicating strong purchasing power for local drivers.

Is Binghamton, NY a good place to live for Heavy and Tractor-Trailer Truck Drivers?

The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Ithaca, NY ($56,340) and Elmira, NY.

How does Binghamton's truck driver salary compare to the national average?

The average annual salary for Heavy and Tractor-Trailer Truck Drivers in Binghamton, NY, is $58,880, which is slightly higher than the national average of $58,380.

What is the cost of living in Binghamton, NY for truck drivers?

Binghamton, NY, has a cost of living index of 100, which is exactly the national average. This means the $58,880 salary offers average purchasing power.

Is there high demand for truck drivers in Binghamton?

With a Location Quotient of 1.04, truck drivers are slightly more concentrated in Binghamton than the national average, suggesting a stable to strong demand for their services.

How many truck drivers are there in Binghamton?

Binghamton, NY, has a local workforce of 1,340 Heavy and Tractor-Trailer Truck Drivers, indicating a significant presence of this profession.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,340 employees in the Binghamton, NY area with a job density of 13.932 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.