Average Heavy and Tractor-Trailer Truck Drivers Salary in Lexington-Fayette, KY
Heavy and Tractor-Trailer Truck Drivers in Lexington-Fayette, KY earn an impressive average annual salary of $61,940. This figure notably surpasses the national average of $58,380, indicating a localized demand and compensation structure that benefits drivers in this region. Factors such as regional economic activity and the specific needs of local industries likely contribute to this elevated pay.
Executive Summary
- Average Salary: $61,940 per year.
- Growth Trend: Salaries have shifted 18.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $91,800.
- Outlook: With a substantial local workforce of 4,350 Heavy and Tractor-Trailer Truck Drivers, Lexington-Fayette, KY demonstrates a significant presence in this sector. The Location Quotient of 1.15 suggests that this occupation is more concentrated here than the national average, implying a robust and potentially growing demand for these skilled professionals within the local economy.
Salary Overview
The average Heavy and Tractor-Trailer Truck Drivers in Lexington-Fayette, KY earns+6.1%above the national average.
$29.8
$1,191
$5,162
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 Lexington-Fayette, KY have experienced steady growth over the past four years, mirroring national trends. Increased demand for goods transportation, coupled with ongoing efforts to attract and retain qualified drivers, likely contributes to upward pressure on compensation in this vital industry.
Heavy and Tractor-Trailer Truck Drivers Salary Distribution in Lexington-Fayette, KY
Salary progression for Heavy and Tractor-Trailer Truck Drivers in Lexington-Fayette, KY typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive driving records and specialized certifications can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies significant career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $40,130 | $19.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $46,455 | $22.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $56,490 | $27.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $77,425 | $37.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $91,800 | $44.1 |
Detailed Heavy and Tractor-Trailer Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$61,940
Gross Pay
Real Wage (Purchasing Power)
$61,940
Adjusted for COL (100)
The average annual salary of $61,940 in Lexington-Fayette, KY 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 this region is equivalent to the national standard, offering stable financial stability without the added burden of higher living expenses.
Job Market Context
4,350
Total Jobs
15.382
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Lexington-Fayette, KY has a slightly higher-than-average concentration of Heavy and Tractor-Trailer Truck Drivers roles compared to the national norm.
A Location Quotient of 1.15 indicates that Heavy and Tractor-Trailer Truck Drivers are 15% more concentrated in Lexington-Fayette, KY than in the average U.S. location. This suggests a healthy job market with potentially more opportunities and a slightly higher demand relative to the national landscape, making it a favorable environment for drivers.
Nearby Job Markets
Nearby Cities for Heavy and Tractor-Trailer Truck Drivers
Comparing salaries near Lexington-Fayette, KY
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Frequently Asked Questions
How much does a Heavy and Tractor-Trailer Truck Drivers make in Lexington-Fayette, KY?
The median annual salary for a Heavy and Tractor-Trailer Truck Drivers in Lexington-Fayette, KY is $61,940. This typically ranges from $40,130 for entry-level positions to $91,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 6.1% higher than the national median of $58,380.
Is Lexington-Fayette, KY a lucrative place for Heavy and Tractor-Trailer Truck Drivers?
Yes, it is a lucrative place for Heavy and Tractor-Trailer Truck Drivers.The average salary of $61,940 significantly exceeds the national average, and the cost of living is on par with the national average, offering excellent earning potential.
Is Lexington-Fayette, KY a good place to live for Heavy and Tractor-Trailer Truck Drivers?
The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington-Fayette, KY?
Some top paying nearby cities include Central Kentucky nonmetropolitan area ($49,020) and South Central Kentucky nonmetropolitan area.
How does the Lexington-Fayette, KY truck driver salary compare to the national average?
The average annual salary for Heavy and Tractor-Trailer Truck Drivers in Lexington-Fayette, KY is $61,940, which is higher than the national average of $58,380.
What is the concentration of truck drivers in Lexington-Fayette, KY?
The Location Quotient for Heavy and Tractor-Trailer Truck Drivers in Lexington-Fayette, KY is 1.15, indicating a higher concentration of these jobs compared to the national average.
Does the cost of living affect the truck driver salary in Lexington-Fayette, KY?
No, the cost of living in Lexington-Fayette, KY is exactly at the national average (100), meaning the salary of $61,940 provides purchasing power equivalent to the national average.
How many truck drivers are employed in Lexington-Fayette, KY?
There are approximately 4,350 Heavy and Tractor-Trailer Truck Drivers employed in the Lexington-Fayette, KY area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,350 employees in the Lexington-Fayette, KY area with a job density of 15.382 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 Lexington-Fayette, KY