SalaryNode

Average Light Truck Drivers Salary in Binghamton, NY

Light Truck Drivers in Binghamton, NY, earn an average annual salary of $41,950. This figure is notably below the national average of $47,920, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. Understanding these local pay scales is crucial for anyone in or considering this profession in the Binghamton area.

Executive Summary

  • Average Salary: $41,950 per year.
  • Growth Trend: Salaries have shifted 17.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $52,640.
  • Outlook: With a local workforce of approximately 700 Light Truck Drivers, Binghamton presents a stable, albeit not exceptionally large, job market for this occupation. The Location Quotient of 1.13 indicates a slightly higher concentration of these roles compared to the national average, suggesting a consistent, localized demand that supports the existing workforce.
2024 Market Data

Salary Overview

$41,950

The average Light Truck Drivers in Binghamton, NY earns-12.5%below the national average.

BreakdownBased on 40h/week
Hourly

$20.2

Weekly

$807

Monthly

$3,496

Light Truck Drivers Salary Distribution in Binghamton, NY

Salary progression for Light Truck Drivers in Binghamton, NY, typically correlates with experience and skill specialization. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive driving records, specialized certifications, or supervisory responsibilities can command significantly higher salaries, reflected in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$31,200$15
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$31,463$15.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$39,570$19
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$52,438$25.2
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$52,640$25.3

Detailed Light Truck Drivers Market Analysis

Relocation Context

Nominal Salary

$41,950

Gross Pay

Real Wage (Purchasing Power)

$41,950

Adjusted for COL (100)

The average annual salary of $41,950 in Binghamton, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income within Binghamton is equivalent to the national average, offering a balanced financial landscape for residents.

Job Market Context

700

Total Jobs

7.282

Per 1K Jobs

1.13

Location Quotient

Above Average

With a location quotient of 1.13, Binghamton, NY has a slightly higher-than-average concentration of Light Truck Drivers roles compared to the national norm.

A Location Quotient of 1.13 signifies that Binghamton, NY, has a slightly higher concentration of Light Truck Driver jobs relative to its overall workforce compared to the national average. This suggests a moderately competitive market where demand is present and slightly more robust than a typical U.S. city, offering reasonable opportunities for qualified drivers.

Nearby Job Markets

Nearby Cities for Light Truck Drivers

CitySalaryDist.
Ithaca, NY Light Truck Drivers Salary$42,220↑ 1%39 mi
Elmira, NY Light Truck Drivers Salary$43,890↑ 5%46 mi
Southwest New York nonmetropolitan area Light Truck Drivers Salary$43,360↑ 3%49 mi
Central East New York nonmetropolitan area Light Truck Drivers Salary$44,890↑ 7%49 mi
Capital/Northern New York nonmetropolitan area Light Truck Drivers Salary$46,820↑ 12%49 mi

Comparing salaries near Binghamton, NY

Hiring Light Truck Driverss?

Frequently Asked Questions

How much does a Light Truck Drivers make in Binghamton, NY?

The median annual salary for a Light Truck Drivers in Binghamton, NY is $41,950. This typically ranges from $31,200 for entry-level positions to $52,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 12.5% lower than the national median of $47,920.

Is Binghamton, NY a lucrative place for Light Truck Drivers?

No, not exceptionally lucrative compared to the national average.The average salary of $41,950 is below the national average, although the Cost of Living Index is also at the national average, balancing purchasing power.

Is Binghamton, NY a good place to live for Light Truck Drivers?

The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Ithaca, NY ($42,220) and Elmira, NY.

How does Binghamton's Light Truck Driver salary compare to the national average?

The average annual salary for Light Truck Drivers in Binghamton, NY, is $41,950, which is lower than the national average of $47,920.

What is the Cost of Living in Binghamton, NY?

Binghamton, NY, has a Cost of Living Index of 100, which is exactly the national average.

How concentrated are Light Truck Driver jobs in Binghamton?

The Location Quotient for Light Truck Drivers in Binghamton is 1.13, indicating a slightly higher concentration of these jobs than the national average.

What is the total number of Light Truck Drivers in Binghamton?

There are approximately 700 Light Truck Drivers employed in Binghamton, NY.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 700 employees in the Binghamton, NY area with a job density of 7.282 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Light Truck Drivers • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY