Average Heavy and Tractor-Trailer Truck Drivers Salary in Waco, TX
Heavy and Tractor-Trailer Truck Drivers in Waco, TX, earn an average annual salary of $54,150. This figure is slightly below the national average of $58,380, indicating that local market dynamics and potentially regional demand influence compensation. While the nominal salary may be lower than the national benchmark, it's crucial to consider the local economic landscape.
Executive Summary
- Average Salary: $54,150 per year.
- Growth Trend: Salaries have shifted 14.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $77,990.
- Outlook: Waco, TX, supports a robust local workforce of 1,910 Heavy and Tractor-Trailer Truck Drivers. With a Location Quotient of 1.1, the concentration of these drivers in Waco is slightly higher than the national average, suggesting a stable and potentially growing demand for their services within the region. The presence of nearly 15 jobs per 1,000 workers further underscores the consistent need for skilled truck drivers in this Texas city.
Salary Overview
The average Heavy and Tractor-Trailer Truck Drivers in Waco, TX earns-7.2%below the national average.
$26
$1,041
$4,513
Heavy and Tractor-Trailer Truck Drivers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the trucking industry in Waco, mirroring national trends, has experienced steady salary growth over the past four years. Factors such as increased shipping demands, driver shortages, and rising operational costs likely contribute to an upward trajectory in compensation for Heavy and Tractor-Trailer Truck Drivers in the region.
Heavy and Tractor-Trailer Truck Drivers Salary Distribution in Waco, TX
Salary progression for Heavy and Tractor-Trailer Truck Drivers in Waco, TX, typically scales with experience. Entry-level positions may 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 variance between entry-level and senior-level pay, often reflected in salary percentiles, signifies clear opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,210 | $17.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $40,613 | $19.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $49,030 | $23.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $67,688 | $32.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $77,990 | $37.5 |
Detailed Heavy and Tractor-Trailer Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$54,150
Gross Pay
Real Wage (Purchasing Power)
$54,150
Adjusted for COL (100)
The average annual salary of $54,150 in Waco, TX, 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 Waco is equivalent to the national average. Consequently, the nominal salary offers a comparable standard of living to that experienced by truck drivers in other parts of the country, without the potential added expense of a higher cost of living.
Job Market Context
1,910
Total Jobs
14.715
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, Waco, TX has a slightly higher-than-average concentration of Heavy and Tractor-Trailer Truck Drivers roles compared to the national norm.
With a Location Quotient of 1.1, Waco, TX, demonstrates a slightly higher concentration of Heavy and Tractor-Trailer Truck Drivers compared to the national average. This suggests that the job market in Waco is competitive but also indicates a healthy demand for these professionals. Companies operating in Waco may find a readily available pool of talent, while drivers can anticipate a solid number of employment opportunities within the local area.
Nearby Job Markets
Nearby Cities for Heavy and Tractor-Trailer Truck Drivers
Comparing salaries near Waco, TX
Hiring Heavy and Tractor-Trailer Truck Driverss?
Frequently Asked Questions
How much does a Heavy and Tractor-Trailer Truck Drivers make in Waco, TX?
The median annual salary for a Heavy and Tractor-Trailer Truck Drivers in Waco, TX is $54,150. This typically ranges from $36,210 for entry-level positions to $77,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 7.2% lower than the national median of $58,380.
Is Waco, TX a lucrative place for Heavy and Tractor-Trailer Truck Drivers?
Yes, Waco, TX offers a comparable earning potential for Truck Drivers.The average salary of $54,150 is on par with the national average due to a Cost of Living Index of 100. The slightly above-average concentration of drivers (LQ 1.1) also suggests consistent local demand.
Is Waco, TX a good place to live for Heavy and Tractor-Trailer Truck Drivers?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($52,700) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's truck driver salary compare to the national average?
The average annual salary for Heavy and Tractor-Trailer Truck Drivers in Waco, TX, is $54,150, which is slightly below the national average of $58,380.
What is the concentration of truck drivers in Waco, TX?
Waco, TX has a Location Quotient of 1.1 for Heavy and Tractor-Trailer Truck Drivers, indicating a slightly higher concentration than the national average.
How does the cost of living in Waco affect a truck driver's salary?
Waco's Cost of Living Index is 100, which is the national average. This means the $54,150 salary provides purchasing power equivalent to the national average.
How many truck drivers are there in Waco, TX?
There are approximately 1,910 Heavy and Tractor-Trailer Truck Drivers in the Waco, TX workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,910 employees in the Waco, TX area with a job density of 14.715 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 Waco, TX