Average Light Truck Drivers Salary in Billings, MT
Light Truck Drivers in Billings, MT, can expect an average annual salary of $50,770, which is notably higher than the national average of $47,920. This elevated compensation is likely influenced by the specific demands and economic landscape of the Billings region, reflecting local market conditions and the importance of logistics in this area.
Executive Summary
- Average Salary: $50,770 per year.
- Growth Trend: Salaries have shifted 30.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $79,370.
- Outlook: With a total local workforce of 680 Light Truck Drivers, Billings, MT, presents a stable employment environment for this profession. The Location Quotient of 1.13 indicates a slightly higher concentration of these jobs compared to the national average, suggesting a consistent demand that supports the existing workforce size.
Salary Overview
The average Light Truck Drivers in Billings, MT earns+5.9%above the national average.
$24.4
$976
$4,231
Light Truck Drivers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Light Truck Drivers in Billings, MT, have experienced steady growth over the past four years, mirroring national trends. Economic factors and increased demand for transportation services typically drive incremental salary increases in this sector.
Light Truck Drivers Salary Distribution in Billings, MT
The salary progression for Light Truck Drivers in Billings, MT, typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive driving records and specialized skills can command salaries in the higher percentiles. This difference signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $33,650 | $16.2 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $38,078 | $18.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $48,000 | $23.1 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $63,463 | $30.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $79,370 | $38.2 |
Detailed Light Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$50,770
Gross Pay
Real Wage (Purchasing Power)
$50,770
Adjusted for COL (100)
The average annual salary of $50,770 in Billings, MT, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Light Truck Driver's salary in Billings is equivalent to the national standard, offering a balanced financial outlook for residents.
Job Market Context
680
Total Jobs
7.279
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Billings, MT has a slightly higher-than-average concentration of Light Truck Drivers roles compared to the national norm.
A Location Quotient of 1.13 for Light Truck Drivers in Billings, MT, signifies a market where this profession is slightly more concentrated than the national average. This suggests a healthy demand for these services, indicating a competitive yet accessible job market for skilled drivers.
Nearby Job Markets
Hiring Light Truck Driverss?
Frequently Asked Questions
How much does a Light Truck Drivers make in Billings, MT?
The median annual salary for a Light Truck Drivers in Billings, MT is $50,770. This typically ranges from $33,650 for entry-level positions to $79,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Billings, MT is 5.9% higher than the national median of $47,920.
Is Billings, MT a lucrative place for Light Truck Drivers?
Yes, Billings, MT offers competitive compensation for Light Truck Drivers.The average salary of $50,770 is above the national average, and the cost of living is on par with the national average, providing good purchasing power.
Is Billings, MT a good place to live for Light Truck Drivers?
The Cost of Living Index in Billings, MT is 100. While higher than average, this often correlates with higher wages.
How does the Billings, MT salary compare to the national average?
The average annual salary for Light Truck Drivers in Billings, MT, is $50,770, which is higher than the national average of $47,920.
What is the concentration of Light Truck Drivers in Billings, MT?
Billings, MT has a Location Quotient of 1.13 for Light Truck Drivers, indicating a slightly higher concentration of these jobs compared to the national average.
Does experience impact a Light Truck Driver's salary in Billings, MT?
Yes, experience significantly influences salary, with senior drivers earning more than entry-level positions, reflecting career progression.
How does the cost of living affect the salary in Billings, MT?
The cost of living in Billings, MT, is at the national average (100), meaning the $50,770 salary offers purchasing power equivalent to 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 680 employees in the Billings, MT area with a job density of 7.279 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Light Truck Drivers • Data source: BLS OEWS 2024 •Jobs in Billings, MT