Average Heavy and Tractor-Trailer Truck Drivers Salary in Kokomo, IN
In Kokomo, Indiana, Heavy and Tractor-Trailer Truck Drivers earn an average annual salary of $58,000. This figure is remarkably close to the national average of $58,380, indicating a stable and competitive compensation landscape. Local economic factors and the specific demand within the Kokomo region closely align with national trends for this essential profession.
Executive Summary
- Average Salary: $58,000 per year.
- Growth Trend: Salaries have shifted 16.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $72,140.
- Outlook: Kokomo, IN supports a local workforce of 400 Heavy and Tractor-Trailer Truck Drivers. With a Location Quotient of 0.83, the concentration of these roles is slightly below the national average, suggesting a steady but not overly saturated job market. The presence of 11.14 jobs per 1,000 workers indicates consistent demand for skilled truck drivers within the area.
Salary Overview
The average Heavy and Tractor-Trailer Truck Drivers in Kokomo, IN earns-0.7%below the national average.
$27.9
$1,115
$4,833
Heavy and Tractor-Trailer Truck Drivers Salary Trends (2020-2024)
While specific historical data for Kokomo is not provided, it's reasonable to assume that salaries for Heavy and Tractor-Trailer Truck Drivers in the region have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by increasing operational costs, demand for logistics services, and the ongoing need for experienced drivers.
Heavy and Tractor-Trailer Truck Drivers Salary Distribution in Kokomo, IN
Salary progression for Heavy and Tractor-Trailer Truck Drivers in Kokomo, IN, is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive driving records and specialized endorsements can earn considerably more. The variance in pay across different experience levels, often reflected in salary percentiles, highlights the career growth opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $39,000 | $18.8 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $43,500 | $20.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $58,980 | $28.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $72,500 | $34.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $72,140 | $34.7 |
Detailed Heavy and Tractor-Trailer Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$58,000
Gross Pay
Real Wage (Purchasing Power)
$58,000
Adjusted for COL (100)
The average annual salary of $58,000 in Kokomo, IN, 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 Kokomo is equivalent to the national average, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.
Job Market Context
400
Total Jobs
11.14
Per 1K Jobs
0.83
Location Quotient
Kokomo, IN has 0.83x 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 0.83 for Heavy and Tractor-Trailer Truck Drivers in Kokomo suggests that the concentration of these jobs is slightly lower than the national average. This indicates a balanced job market where demand exists, but the competition might be less intense compared to areas with a higher concentration of these roles.
Nearby Job Markets
Nearby Cities for Heavy and Tractor-Trailer Truck Drivers
Comparing salaries near Kokomo, IN
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Frequently Asked Questions
How much does a Heavy and Tractor-Trailer Truck Drivers make in Kokomo, IN?
The median annual salary for a Heavy and Tractor-Trailer Truck Drivers in Kokomo, IN is $58,000. This typically ranges from $39,000 for entry-level positions to $72,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kokomo, IN is 0.7% lower than the national median of $58,380.
Is Kokomo, IN a lucrative place for Heavy and Tractor-Trailer Truck Drivers?
No, Kokomo, IN is not exceptionally lucrative for Heavy and Tractor-Trailer Truck Drivers.The average salary of $58,000 is on par with the national average, and the Cost of Living Index is also at the national average, offering no significant financial advantage.
Is Kokomo, IN a good place to live for Heavy and Tractor-Trailer Truck Drivers?
The Cost of Living Index in Kokomo, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kokomo, IN?
Some top paying nearby cities include Lafayette-West Lafayette, IN ($59,990) and Muncie, IN.
What is the average salary for a Heavy and Tractor-Trailer Truck Driver in Kokomo, IN?
The average annual salary for a Heavy and Tractor-Trailer Truck Driver in Kokomo, IN is $58,000.
How does Kokomo's truck driver salary compare to the national average?
The average salary in Kokomo ($58,000) is very close to the national average ($58,380), indicating comparable compensation.
What is the Cost of Living in Kokomo, IN for truck drivers?
Kokomo, IN has a Cost of Living Index of 100, which is the national average, meaning expenses are neither significantly higher nor lower than the national benchmark.
Is there high demand for truck drivers in Kokomo, IN?
With 11.14 jobs per 1,000 workers and a Location Quotient of 0.83, there is a steady demand for truck drivers in Kokomo, though the concentration is slightly below the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Kokomo, IN area with a job density of 11.14 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 Kokomo, IN