Average Heavy and Tractor-Trailer Truck Drivers Salary in Hot Springs, AR
Heavy and Tractor-Trailer Truck Drivers in Hot Springs, AR earn an average annual salary of $44,410. This figure is notably below the national average of $58,380, indicating that local market dynamics, such as demand and the concentration of these roles, likely influence compensation levels in this specific region.
Executive Summary
- Average Salary: $44,410 per year.
- Growth Trend: Salaries have shifted 6.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,010.
- Outlook: The local job market for Heavy and Tractor-Trailer Truck Drivers in Hot Springs, AR, comprises 290 professionals. With a Location Quotient of 0.56, the concentration of these roles is below the national average, suggesting a less saturated market relative to other occupations. The rate of 7.534 jobs per 1,000 workers further contextualizes this demand within the local economy.
Salary Overview
The average Heavy and Tractor-Trailer Truck Drivers in Hot Springs, AR earns-23.9%below the national average.
$21.4
$854
$3,701
Heavy and Tractor-Trailer Truck Drivers Salary Trends (2020-2024)
While specific historical data for Hot Springs, AR, is not provided, it's generally assumed that salaries for Heavy and Tractor-Trailer Truck Drivers have experienced a modest upward trend over the past four years, mirroring national patterns. This growth is typically driven by factors such as increased freight demand, rising operational costs for trucking companies, and ongoing efforts to attract and retain qualified drivers in a competitive labor environment.
Heavy and Tractor-Trailer Truck Drivers Salary Distribution in Hot Springs, AR
Salary progression for Heavy and Tractor-Trailer Truck Drivers in Hot Springs, AR, is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command substantially higher salaries. The percentile gaps in earnings clearly signify career progression, with senior drivers often earning well above the average, reflecting their accumulated expertise and reliability.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $31,720 | $15.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $33,308 | $16 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $41,620 | $20 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $55,513 | $26.7 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $59,010 | $28.4 |
Detailed Heavy and Tractor-Trailer Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$44,410
Gross Pay
Real Wage (Purchasing Power)
$44,410
Adjusted for COL (100)
The average annual salary of $44,410 for Heavy and Tractor-Trailer Truck Drivers in Hot Springs, AR, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that while the nominal pay is lower than the national average for the profession, the cost of essential goods and services in Hot Springs is also at the national benchmark.
Job Market Context
290
Total Jobs
7.534
Per 1K Jobs
0.56
Location Quotient
Hot Springs, AR has 0.56x 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 0.56 for Heavy and Tractor-Trailer Truck Drivers in Hot Springs, AR, indicates that this occupation is less concentrated in the local area compared to the national average. This suggests that while there is a presence of these jobs, the market is not as saturated with drivers as it is nationally. This could imply potential opportunities for skilled drivers, though the lower average salary warrants careful consideration of the overall compensation package.
Nearby Job Markets
Nearby Cities for Heavy and Tractor-Trailer Truck Drivers
Comparing salaries near Hot Springs, AR
Hiring Heavy and Tractor-Trailer Truck Driverss?
Frequently Asked Questions
How much does a Heavy and Tractor-Trailer Truck Drivers make in Hot Springs, AR?
The median annual salary for a Heavy and Tractor-Trailer Truck Drivers in Hot Springs, AR is $44,410. This typically ranges from $31,720 for entry-level positions to $59,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 23.9% lower than the national median of $58,380.
Is Hot Springs, AR a lucrative place for Heavy and Tractor-Trailer Truck Drivers?
No, not particularly lucrative compared to the national average.The average salary of $44,410 is significantly lower than the national average of $58,380, although the cost of living is at the national average.
Is Hot Springs, AR a good place to live for Heavy and Tractor-Trailer Truck Drivers?
The Cost of Living Index in Hot Springs, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hot Springs, AR?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($58,890) and South Arkansas nonmetropolitan area.
What is the average salary for a Heavy and Tractor-Trailer Truck Driver in Hot Springs, AR?
The average annual salary for a Heavy and Tractor-Trailer Truck Driver in Hot Springs, AR is $44,410.
How does the Hot Springs, AR salary compare to the national average?
The average salary in Hot Springs, AR ($44,410) is lower than the national average salary of $58,380 for this profession.
What is the Cost of Living Index in Hot Springs, AR?
The Cost of Living Index in Hot Springs, AR is 100, which is the same as the national average.
How concentrated are Heavy and Tractor-Trailer Truck Driver jobs in Hot Springs, AR?
The concentration of these jobs, indicated by a Location Quotient of 0.56, is below the national average, meaning the profession is less common in Hot Springs relative to other occupations nationwide.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Hot Springs, AR area with a job density of 7.534 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 Hot Springs, AR