Average Light Truck Drivers Salary in Boulder, CO
Light Truck Drivers in Boulder, Colorado, command an average annual salary of $55,310, significantly surpassing the national average of $47,920. This higher compensation is likely influenced by Boulder's unique economic landscape and potentially higher operational costs for businesses in the region.
Executive Summary
- Average Salary: $55,310 per year.
- Growth Trend: Salaries have shifted 25.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $92,190.
- Outlook: With a local workforce of 470 Light Truck Drivers and a Location Quotient of 0.38, the job market in Boulder indicates a specialized, though not overwhelmingly concentrated, demand for these professionals. The presence of 2.426 jobs per 1,000 workers suggests a stable, albeit niche, employment environment.
Salary Overview
The average Light Truck Drivers in Boulder, CO earns+15.4%above the national average.
$26.6
$1,064
$4,609
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 Boulder have experienced consistent growth over the past four years, mirroring national trends. Economic development and inflation typically drive upward adjustments in compensation for essential roles like truck driving.
Light Truck Drivers Salary Distribution in Boulder, CO
Career progression for Light Truck Drivers in Boulder typically involves moving from entry-level positions to more senior roles, often accompanied by salary increases. While exact figures vary, the gap between lower and higher percentile salaries signifies the rewards for accumulated experience, specialized skills, and potentially increased responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,830 | $17.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $41,483 | $19.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $48,990 | $23.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $69,138 | $33.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $92,190 | $44.3 |
Detailed Light Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$55,310
Gross Pay
Real Wage (Purchasing Power)
$55,310
Adjusted for COL (100)
The average annual salary of $55,310 in Boulder, CO, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This suggests that the purchasing power of a Light Truck Driver's income in Boulder is comparable to the national standard, offering a balanced financial outlook.
Job Market Context
470
Total Jobs
2.426
Per 1K Jobs
0.38
Location Quotient
At 0.38x, Boulder, CO has a notably lower concentration of Light Truck Drivers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.38 for Light Truck Drivers in Boulder indicates that this profession is less concentrated locally compared to the national average. This suggests that while opportunities exist, the market is not saturated, potentially offering a competitive edge for skilled drivers seeking employment.
Nearby Job Markets
Nearby Cities for Light Truck Drivers
| City | Salary | Dist. |
|---|---|---|
| Denver-Aurora-Centennial, CO Light Truck Drivers Salary | $52,540↓ 5% | 27 mi |
| Greeley, CO Light Truck Drivers Salary | $47,180↓ 15% | 37 mi |
| Fort Collins-Loveland, CO Light Truck Drivers Salary | $47,060↓ 15% | 37 mi |
| Northwest Colorado nonmetropolitan area Light Truck Drivers Salary | $47,510↓ 14% | 67 mi |
| Southwest Colorado nonmetropolitan area Light Truck Drivers Salary | $49,920↓ 10% | 67 mi |
Comparing salaries near Boulder, CO
Hiring Light Truck Driverss?
Frequently Asked Questions
How much does a Light Truck Drivers make in Boulder, CO?
The median annual salary for a Light Truck Drivers in Boulder, CO is $55,310. This typically ranges from $36,830 for entry-level positions to $92,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Boulder, CO is 15.4% higher than the national median of $47,920.
Is Boulder, CO a lucrative place for Light Truck Drivers?
Yes, Boulder, CO offers a lucrative environment for Light Truck Drivers.The average salary of $55,310 is notably higher than the national average, and the cost of living is on par with the national index, indicating strong earning potential.
Is Boulder, CO a good place to live for Light Truck Drivers?
The Cost of Living Index in Boulder, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Boulder, CO?
Some top paying nearby cities include Denver-Aurora-Centennial, CO ($52,540) and Greeley, CO.
How does the Boulder salary compare to the national average?
Light Truck Drivers in Boulder earn an average of $55,310 annually, which is approximately $7,390 more than the national average of $47,920.
What is the significance of the Location Quotient (LQ) of 0.38?
An LQ of 0.38 means that Light Truck Driver jobs are less concentrated in Boulder compared to the national average. This suggests a specialized market rather than a widespread one.
How does the cost of living in Boulder affect the salary?
Boulder's Cost of Living Index is 100, matching the national average. Therefore, the higher salary of $55,310 provides a purchasing power equivalent to the national average, making it a fair compensation.
What does 'Jobs per 1,000 Workers' tell us about the market?
With 2.426 jobs per 1,000 workers, this metric indicates the relative availability of Light Truck Driver positions within the local workforce, suggesting a steady demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Boulder, CO area with a job density of 2.426 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 Boulder, CO