Average Light Truck Drivers Salary in Guam
Light Truck Drivers in Guam earn an average annual salary of $26,380, significantly lower than the national average of $47,920. This disparity is often influenced by the unique economic factors and operational demands specific to island economies like Guam, which can affect labor costs and compensation structures.
Executive Summary
- Average Salary: $26,380 per year.
- Growth Trend: Salaries have shifted 13.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $32,460.
- Outlook: With a local workforce of 380 Light Truck Drivers and a Location Quotient of 0.95, the job market in Guam indicates a demand that closely mirrors the national average. While not exceptionally concentrated, this stable presence suggests consistent opportunities for those in the profession within the territory.
Salary Overview
The average Light Truck Drivers in Guam earns-44.9%below the national average.
$12.7
$507
$2,198
Light Truck Drivers Salary Trends (2020-2024)
While specific historical data for Guam's Light Truck Driver salaries over the past four years is not provided, it's reasonable to assume a general upward trend in compensation, mirroring national patterns. Economic growth, inflation, and evolving labor market dynamics typically contribute to gradual salary increases for most professions over time.
Light Truck Drivers Salary Distribution in Guam
Salary progression for Light Truck Drivers in Guam, as elsewhere, typically scales with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior drivers with extensive experience and specialized skills can command higher salaries. The percentile gaps in earnings signify clear career progression pathways within the role.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $21,470 | $10.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $19,785 | $9.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $23,930 | $11.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $32,975 | $15.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $32,460 | $15.6 |
Detailed Light Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$26,380
Gross Pay
Real Wage (Purchasing Power)
$20,292
Adjusted for COL (130)
The nominal average salary of $26,380 in Guam presents a notable challenge when contrasted with the local Cost of Living Index of 130, which is 30% higher than the national average. This means that the purchasing power of a Light Truck Driver's salary in Guam is considerably less than what the same salary would afford on the mainland.
Job Market Context
380
Total Jobs
6.142
Per 1K Jobs
0.95
Location Quotient
Guam has 0.95x 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 0.95 for Light Truck Drivers in Guam suggests that the concentration of these professionals is very close to the national average. This indicates a balanced job market where the supply of drivers is neither excessively high nor unusually scarce relative to the overall employment landscape.
Nearby Job Markets
Hiring Light Truck Driverss?
Frequently Asked Questions
How much does a Light Truck Drivers make in Guam?
The median annual salary for a Light Truck Drivers in Guam is $26,380. This typically ranges from $21,470 for entry-level positions to $32,460 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Guam is 44.9% lower than the national median of $47,920.
Is Guam a lucrative place for Light Truck Drivers?
No, not based on salary alone.While job availability is stable, the average salary of $26,380 is substantially lower than the national average, and the high cost of living further diminishes its purchasing power.
Is Guam a good place to live for Light Truck Drivers?
The Cost of Living Index in Guam is 130. While higher than average, this often correlates with higher wages.
How does the Guam workforce size affect Light Truck Driver jobs?
The local workforce of 380 Light Truck Drivers suggests a moderate-sized pool of professionals, indicating a stable but not overly saturated job market for this role within Guam.
What does a Location Quotient of 0.95 mean for Light Truck Drivers in Guam?
A Location Quotient of 0.95 signifies that the proportion of Light Truck Drivers in Guam's workforce is nearly identical to the national proportion, implying a standard level of industry presence.
How does the Cost of Living in Guam compare to the national average?
Guam's Cost of Living Index is 130, meaning it is 30% more expensive to live there than the national average, significantly impacting the real value of local salaries.
Are there many job opportunities for Light Truck Drivers in Guam?
With 6.142 jobs per 1,000 workers, the density of Light Truck Driver positions in Guam is comparable to the national average, suggesting consistent, albeit not booming, employment opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Guam area with a job density of 6.142 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 Guam