Average Heavy and Tractor-Trailer Truck Drivers Salary in Fort Collins-Loveland, CO
Heavy and Tractor-Trailer Truck Drivers in Fort Collins-Loveland, CO, earn an average annual salary of $57,950. This figure is slightly below the national average of $58,380, indicating a modest difference in compensation within this specific region. Local economic factors and industry demand play a crucial role in shaping these salary benchmarks.
Executive Summary
- Average Salary: $57,950 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $75,420.
- Outlook: The Fort Collins-Loveland area supports a local workforce of 1,480 Heavy and Tractor-Trailer Truck Drivers. With a Location Quotient of 0.62, the concentration of these roles is below the national average, suggesting that while the workforce is substantial, the demand might not be as intensely concentrated as in other regions. The presence of 8.392 jobs per 1,000 workers indicates a steady, albeit not exceptionally high, level of employment opportunities.
Salary Overview
The average Heavy and Tractor-Trailer Truck Drivers in Fort Collins-Loveland, CO earns-0.7%below the national average.
$27.9
$1,114
$4,829
Heavy and Tractor-Trailer Truck Drivers Salary Trends (2020-2024)
While specific historical data for this exact period isn't provided, it's reasonable to assume that salaries for Heavy and Tractor-Trailer Truck Drivers in Fort Collins-Loveland have experienced growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for logistics, and evolving industry standards likely contribute to a gradual upward trajectory in average earnings for these professionals.
Heavy and Tractor-Trailer Truck Drivers Salary Distribution in Fort Collins-Loveland, CO
Career progression for Heavy and Tractor-Trailer Truck Drivers typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned drivers with extensive experience and specialized certifications can command significantly higher salaries. The percentile gaps in earnings clearly signify this career ladder, with senior drivers occupying the higher salary brackets.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $40,630 | $19.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $43,463 | $20.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,330 | $28.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $72,438 | $34.8 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $75,420 | $36.3 |
Detailed Heavy and Tractor-Trailer Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$57,950
Gross Pay
Real Wage (Purchasing Power)
$57,950
Adjusted for COL (100)
The average annual salary of $57,950 in Fort Collins-Loveland aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services is neither significantly higher nor lower than the typical American experience.
Job Market Context
1,480
Total Jobs
8.392
Per 1K Jobs
0.62
Location Quotient
Fort Collins-Loveland, CO has 0.62x 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 0.62 for Heavy and Tractor-Trailer Truck Drivers in Fort Collins-Loveland indicates that this profession is less concentrated locally compared to the national average. This suggests that the job market may be less saturated, potentially offering opportunities for skilled drivers, but also implying that the sheer volume of available positions might be proportionally lower than in areas with a higher concentration.
Nearby Job Markets
Nearby Cities for Heavy and Tractor-Trailer Truck Drivers
| City | Salary | Dist. |
|---|---|---|
| Greeley, CO Heavy and Tractor-Trailer Truck Drivers Salary | $59,440↑ 3% | 18 mi |
| Boulder, CO Heavy and Tractor-Trailer Truck Drivers Salary | $63,180↑ 9% | 37 mi |
| Cheyenne, WY Heavy and Tractor-Trailer Truck Drivers Salary | $68,830↑ 19% | 43 mi |
| Denver-Aurora-Centennial, CO Heavy and Tractor-Trailer Truck Drivers Salary | $64,790↑ 12% | 55 mi |
Comparing salaries near Fort Collins-Loveland, CO
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Frequently Asked Questions
How much does a Heavy and Tractor-Trailer Truck Drivers make in Fort Collins-Loveland, CO?
The median annual salary for a Heavy and Tractor-Trailer Truck Drivers in Fort Collins-Loveland, CO is $57,950. This typically ranges from $40,630 for entry-level positions to $75,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Collins-Loveland, CO is 0.7% lower than the national median of $58,380.
Is Fort Collins-Loveland, CO a lucrative place for Heavy and Tractor-Trailer Truck Drivers?
No, it is not significantly more lucrative than the national average.The average salary of $57,950 is slightly below the national average of $58,380, and the cost of living is exactly at the national average, offering no distinct financial advantage.
Is Fort Collins-Loveland, CO a good place to live for Heavy and Tractor-Trailer Truck Drivers?
The Cost of Living Index in Fort Collins-Loveland, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Collins-Loveland, CO?
Some top paying nearby cities include Greeley, CO ($59,440) and Boulder, CO.
How does the local truck driver salary compare to the national average?
The average annual salary for Heavy and Tractor-Trailer Truck Drivers in Fort Collins-Loveland, CO is $57,950, which is slightly lower than the national average of $58,380.
What is the concentration of truck drivers in Fort Collins-Loveland compared to the nation?
The Location Quotient of 0.62 indicates that truck drivers are less concentrated in Fort Collins-Loveland, CO, than the national average.
Does the cost of living affect the value of a truck driver's salary in Fort Collins-Loveland?
No, the cost of living in Fort Collins-Loveland is exactly at the national average (100), meaning the $57,950 salary has average purchasing power.
How many truck drivers are employed in the Fort Collins-Loveland area?
There are approximately 1,480 Heavy and Tractor-Trailer Truck Drivers employed in the Fort Collins-Loveland, CO area, representing 8.392 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,480 employees in the Fort Collins-Loveland, CO area with a job density of 8.392 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 Fort Collins-Loveland, CO