Average Light Truck Drivers Salary in Fort Collins-Loveland, CO
Light Truck Drivers in Fort Collins-Loveland, CO earn an average annual salary of $47,060. This figure is slightly below the national average of $47,920, indicating a localized compensation structure influenced by regional economic factors and demand within the Colorado market. The specific needs and economic drivers of the Fort Collins-Loveland area play a significant role in setting this pay scale.
Executive Summary
- Average Salary: $47,060 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,990.
- Outlook: The Fort Collins-Loveland area supports a local workforce of 920 Light Truck Drivers. With a Location Quotient of 0.81, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated job market. The presence of 5.248 jobs per 1,000 workers indicates a consistent demand for these essential transportation professionals within the region.
Salary Overview
The average Light Truck Drivers in Fort Collins-Loveland, CO earns-1.8%below the national average.
$22.6
$905
$3,922
Light Truck Drivers Salary Trends (2020-2024)
While specific historical data for Fort Collins-Loveland Light Truck Driver salaries over the past four years is not provided, it is generally assumed that compensation in this sector has seen incremental growth, mirroring national trends. Factors such as inflation, increased demand for logistics services, and evolving industry standards likely contribute to a modest upward trajectory in average earnings for these drivers.
Light Truck Drivers Salary Distribution in Fort Collins-Loveland, CO
Salary progression for Light Truck Drivers in Fort Collins-Loveland, CO, typically scales with experience. Entry-level positions may start closer to the lower end of the pay spectrum, while seasoned professionals with extensive driving records and specialized skills can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression, with senior drivers often earning 20-30% more than their less experienced counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $34,860 | $16.8 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $35,295 | $17 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $44,060 | $21.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $58,825 | $28.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $61,990 | $29.8 |
Detailed Light Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$47,060
Gross Pay
Real Wage (Purchasing Power)
$47,060
Adjusted for COL (100)
The average annual salary of $47,060 for Light Truck Drivers in Fort Collins-Loveland, CO, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal income earned by drivers in this area has purchasing power equivalent to the national average. Consequently, relocating to Fort Collins-Loveland as a Light Truck Driver does not present an immediate advantage or disadvantage in terms of cost of living relative to income.
Job Market Context
920
Total Jobs
5.248
Per 1K Jobs
0.81
Location Quotient
Fort Collins-Loveland, CO has 0.81x the national average concentration of Light Truck Drivers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.81 for Light Truck Drivers in Fort Collins-Loveland, CO, indicates that the concentration of these jobs is slightly lower than the national average. This suggests that while the job market is stable and offers opportunities, it may not be as intensely competitive or abundant as in some other regions. Employers may find a steady pool of talent, and drivers can expect a reasonable number of available positions.
Nearby Job Markets
Nearby Cities for Light Truck Drivers
| City | Salary | Dist. |
|---|---|---|
| Greeley, CO Light Truck Drivers Salary | $47,180↑ 0% | 18 mi |
| Boulder, CO Light Truck Drivers Salary | $55,310↑ 18% | 37 mi |
| Cheyenne, WY Light Truck Drivers Salary | $40,130↓ 15% | 43 mi |
| Denver-Aurora-Centennial, CO Light Truck Drivers Salary | $52,540↑ 12% | 55 mi |
Comparing salaries near Fort Collins-Loveland, CO
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Frequently Asked Questions
How much does a Light Truck Drivers make in Fort Collins-Loveland, CO?
The median annual salary for a Light Truck Drivers in Fort Collins-Loveland, CO is $47,060. This typically ranges from $34,860 for entry-level positions to $61,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Collins-Loveland, CO is 1.8% lower than the national median of $47,920.
Is Fort Collins-Loveland, CO a lucrative place for Light Truck Drivers?
No, not significantly more lucrative than the national average.The average salary of $47,060 is slightly below the national average, and the cost of living is exactly at the national average, offering no substantial financial advantage.
Is Fort Collins-Loveland, CO a good place to live for Light Truck Drivers?
The Cost of Living Index in Fort Collins-Loveland, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Collins-Loveland, CO?
Some top paying nearby cities include Greeley, CO ($47,180) and Boulder, CO.
How does the number of Light Truck Drivers in Fort Collins-Loveland compare nationally?
With a total local workforce of 920 and a Location Quotient of 0.81, the concentration of Light Truck Drivers in Fort Collins-Loveland is slightly below the national average.
What is the job availability like for Light Truck Drivers in this area?
There are approximately 5.248 Light Truck Driver jobs per 1,000 workers in Fort Collins-Loveland, indicating a consistent demand for these professionals.
Does experience significantly impact a Light Truck Driver's salary in Fort Collins-Loveland?
Yes, experience is a key factor in salary progression, with senior drivers typically earning substantially more than entry-level positions.
Is the cost of living a factor to consider when looking at Light Truck Driver salaries in Fort Collins-Loveland?
The cost of living in Fort Collins-Loveland is at the national average (100), meaning the local salary of $47,060 offers average purchasing power.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 920 employees in the Fort Collins-Loveland, CO area with a job density of 5.248 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 Fort Collins-Loveland, CO