Average Heavy and Tractor-Trailer Truck Drivers Salary in Colorado Springs, CO
Heavy and Tractor-Trailer Truck Drivers in Colorado Springs, CO, earn an average annual salary of $57,680. This figure is slightly below the national average of $58,380, suggesting a localized compensation structure influenced by regional economic factors and demand within the Colorado Springs area. While close to the national benchmark, this difference highlights the importance of understanding local market dynamics for this vital profession.
Executive Summary
- Average Salary: $57,680 per year.
- Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $72,920.
- Outlook: With a local workforce of 2,270 Heavy and Tractor-Trailer Truck Drivers, Colorado Springs presents a moderately sized employment pool for this occupation. The Location Quotient of 0.53 indicates that this profession is less concentrated in Colorado Springs compared to the national average, suggesting a stable but not exceptionally high demand relative to other job sectors within the city. The presence of 7.106 jobs per 1,000 workers points to a consistent need for these drivers.
Salary Overview
The average Heavy and Tractor-Trailer Truck Drivers in Colorado Springs, CO earns-1.2%below the national average.
$27.7
$1,109
$4,807
Heavy and Tractor-Trailer Truck Drivers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Heavy and Tractor-Trailer Truck Drivers in Colorado Springs have experienced growth over the past four years, mirroring national trends. Factors such as increased shipping demands, rising operational costs for trucking companies, and efforts to attract and retain qualified drivers likely contribute to upward salary adjustments in this sector.
Heavy and Tractor-Trailer Truck Drivers Salary Distribution in Colorado Springs, CO
Salary progression for Heavy and Tractor-Trailer Truck Drivers in Colorado Springs typically correlates with experience and specialization. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience, specialized certifications, or those handling complex logistics can command significantly higher salaries. The variance between entry-level and senior roles, reflected in salary percentiles, signifies substantial career growth opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $45,030 | $21.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $43,260 | $20.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $57,740 | $27.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $72,100 | $34.7 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $72,920 | $35.1 |
Detailed Heavy and Tractor-Trailer Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$57,680
Gross Pay
Real Wage (Purchasing Power)
$57,680
Adjusted for COL (100)
The average annual salary of $57,680 in Colorado Springs 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 Colorado Springs is equivalent to the national average. Consequently, the nominal salary offers a standard of living comparable to the typical American, without the added financial pressure of a higher cost of living often seen in major metropolitan areas.
Job Market Context
2,270
Total Jobs
7.106
Per 1K Jobs
0.53
Location Quotient
Colorado Springs, CO has 0.53x the national average concentration of Heavy and Tractor-Trailer Truck Drivers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.53 for Heavy and Tractor-Trailer Truck Drivers in Colorado Springs indicates that this occupation is less prevalent locally than it is nationwide. This suggests that while there is a steady demand, the market is not oversaturated, and competition for experienced drivers might be moderate. Companies seeking to fill these roles may need to offer competitive compensation and benefits to attract talent from outside the immediate region.
Nearby Job Markets
Nearby Cities for Heavy and Tractor-Trailer Truck Drivers
Comparing salaries near Colorado Springs, CO
Hiring Heavy and Tractor-Trailer Truck Driverss?
Frequently Asked Questions
How much does a Heavy and Tractor-Trailer Truck Drivers make in Colorado Springs, CO?
The median annual salary for a Heavy and Tractor-Trailer Truck Drivers in Colorado Springs, CO is $57,680. This typically ranges from $45,030 for entry-level positions to $72,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 1.2% lower than the national median of $58,380.
Is Colorado Springs, CO a lucrative place for Heavy and Tractor-Trailer Truck Drivers?
No, it is not exceptionally lucrative compared to the national average.The average salary of $57,680 is slightly below the national average of $58,380, and the cost of living is exactly at the national average. While stable, it does not offer a significant financial advantage over national benchmarks.
Is Colorado Springs, CO a good place to live for Heavy and Tractor-Trailer Truck Drivers?
The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado Springs, CO?
Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($57,200) and Southwest Colorado nonmetropolitan area.
How does the cost of living in Colorado Springs affect a truck driver's salary?
With a Cost of Living Index of 100, the national average, a salary of $57,680 in Colorado Springs provides purchasing power equivalent to the national average. This means your earnings will stretch as far as they would in a typical U.S. city.
Is the demand for truck drivers high in Colorado Springs?
The demand is steady, with 7.106 jobs per 1,000 workers. However, the Location Quotient of 0.53 suggests the profession is less concentrated here than nationally, indicating a moderate level of demand rather than exceptionally high.
What is the total number of truck drivers in Colorado Springs?
There are approximately 2,270 Heavy and Tractor-Trailer Truck Drivers employed within the Colorado Springs area.
How does Colorado Springs compare to the national average salary for truck drivers?
The average salary for Heavy and Tractor-Trailer Truck Drivers in Colorado Springs is $57,680, which is slightly lower than the national average of $58,380.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,270 employees in the Colorado Springs, CO area with a job density of 7.106 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Heavy and Tractor-Trailer Truck Drivers • Data source: BLS OEWS 2024 •Jobs in Colorado Springs, CO