Average Heavy and Tractor-Trailer Truck Drivers Salary in Farmington, NM
Heavy and Tractor-Trailer Truck Drivers in Farmington, NM, earn an average annual salary of $51,100. This figure is notably below the national average of $58,380, suggesting that local market dynamics and potentially regional demand influence compensation for this vital role. Understanding these local pay scales is crucial for drivers considering employment in this New Mexico city.
Executive Summary
- Average Salary: $51,100 per year.
- Growth Trend: Salaries have shifted 2.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,280.
- Outlook: With a local workforce of 840 Heavy and Tractor-Trailer Truck Drivers, Farmington, NM, demonstrates a significant concentration of these professionals, as indicated by a Location Quotient of 1.36. This suggests that the demand for truck drivers in the area is higher than the national average relative to the overall workforce, pointing towards a robust job market for this occupation.
Salary Overview
The average Heavy and Tractor-Trailer Truck Drivers in Farmington, NM earns-12.5%below the national average.
$24.6
$983
$4,258
Heavy and Tractor-Trailer Truck Drivers Salary Trends (2020-2024)
While specific historical data for Farmington is not provided, it's reasonable to assume that salaries for Heavy and Tractor-Trailer Truck Drivers have experienced gradual growth over the past four years, mirroring national trends. Factors such as increased freight demand, rising operational costs for trucking companies, and a persistent driver shortage likely contribute to upward pressure on wages.
Heavy and Tractor-Trailer Truck Drivers Salary Distribution in Farmington, NM
Salary progression for Heavy and Tractor-Trailer Truck Drivers typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive driving records and specialized endorsements can command significantly higher salaries. The percentile gaps in earnings signify clear career advancement opportunities and the value placed on accumulated expertise and reliability in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $38,340 | $18.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $38,325 | $18.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $47,890 | $23 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $63,875 | $30.7 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $65,280 | $31.4 |
Detailed Heavy and Tractor-Trailer Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$51,100
Gross Pay
Real Wage (Purchasing Power)
$51,100
Adjusted for COL (100)
The average annual salary of $51,100 in Farmington, NM, aligns precisely with the national average cost of living index of 100. This means that the purchasing power of a truck driver's salary in Farmington is comparable to the national average, offering a stable financial environment without the premium costs often associated with higher cost-of-living areas.
Job Market Context
840
Total Jobs
18.324
Per 1K Jobs
1.36
Location Quotient
With a location quotient of 1.36, Farmington, NM has a slightly higher-than-average concentration of Heavy and Tractor-Trailer Truck Drivers roles compared to the national norm.
Farmington, NM, exhibits a strong concentration of Heavy and Tractor-Trailer Truck Drivers, evidenced by a Location Quotient of 1.36, which is 36% above the national average. This indicates a higher prevalence of these jobs relative to the general employment landscape, suggesting a competitive market where demand may outstrip supply, potentially benefiting drivers seeking opportunities.
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 Farmington, NM?
The median annual salary for a Heavy and Tractor-Trailer Truck Drivers in Farmington, NM is $51,100. This typically ranges from $38,340 for entry-level positions to $65,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Farmington, NM is 12.5% lower than the national median of $58,380.
Is Farmington, NM a lucrative place for Heavy and Tractor-Trailer Truck Drivers?
No, not more lucrative than the national average.While Farmington has a higher concentration of truck drivers than the national average, the average salary of $51,100 is below the national average of $58,380. The cost of living is average, meaning the lower salary offers average purchasing power.
Is Farmington, NM a good place to live for Heavy and Tractor-Trailer Truck Drivers?
The Cost of Living Index in Farmington, NM is 100. While higher than average, this often correlates with higher wages.
What is the average salary for a Heavy and Tractor-Trailer Truck Driver in Farmington, NM?
The average annual salary for a Heavy and Tractor-Trailer Truck Driver in Farmington, NM, is $51,100.
How does Farmington's truck driver salary compare to the national average?
The average salary in Farmington ($51,100) is lower than the national average ($58,380) for Heavy and Tractor-Trailer Truck Drivers.
What does the Location Quotient of 1.36 mean for truck drivers in Farmington?
A Location Quotient of 1.36 signifies that Farmington has a higher concentration of Heavy and Tractor-Trailer Truck Drivers compared to the national average, indicating potentially strong local demand for these professionals.
How does the cost of living in Farmington affect the truck driver salary?
With a Cost of Living Index of 100 (matching the national average), the $51,100 salary in Farmington offers purchasing power equivalent to the national average, meaning it is neither significantly enhanced nor diminished by local living expenses.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 840 employees in the Farmington, NM area with a job density of 18.324 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 Farmington, NM