Average Light Truck Drivers Salary in Kokomo, IN
Light Truck Drivers in Kokomo, Indiana, earn an average annual salary of $48,750. This figure slightly surpasses the national average of $47,920, indicating a localized demand that influences compensation. The specific economic drivers and industry needs within the Kokomo region contribute to this competitive pay rate for the profession.
Executive Summary
- Average Salary: $48,750 per year.
- Growth Trend: Salaries have shifted 9.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $90,500.
- Outlook: The job market for Light Truck Drivers in Kokomo, IN, appears robust, supported by a local workforce of 390 individuals in this role. With a Location Quotient of 1.69, the concentration of these jobs is significantly higher than the national average, suggesting a strong and potentially growing demand for these essential transportation services within the region.
Salary Overview
The average Light Truck Drivers in Kokomo, IN earns+1.7%above the national average.
$23.4
$938
$4,063
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 Kokomo, IN, have experienced a steady upward trend over the past four years, mirroring national patterns. Factors such as inflation, increased demand for logistics, and evolving industry standards likely contribute to incremental salary growth for experienced professionals in this field.
Light Truck Drivers Salary Distribution in Kokomo, IN
Career progression for Light Truck Drivers in Kokomo, IN, typically involves a salary increase with accumulated experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned drivers with specialized skills or extensive driving records can command salaries significantly above the average. The percentile gaps in salary distribution highlight clear opportunities for career advancement and higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $27,830 | $13.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $36,563 | $17.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $44,980 | $21.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $60,938 | $29.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $90,500 | $43.5 |
Detailed Light Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$48,750
Gross Pay
Real Wage (Purchasing Power)
$48,750
Adjusted for COL (100)
For individuals considering a move to Kokomo, IN, the average annual salary of $48,750 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Light Truck Driver's income in Kokomo is equivalent to the national average, offering a stable financial foundation without the immediate pressure of higher or lower living expenses.
Job Market Context
390
Total Jobs
10.923
Per 1K Jobs
1.69
Location Quotient
Kokomo, IN has 1.7x the national concentration of Light Truck Drivers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.69 for Light Truck Drivers in Kokomo, IN, signifies a market where this profession is considerably more concentrated than the national average. This suggests a higher demand relative to the general workforce, potentially leading to more job opportunities and a more competitive environment for employers seeking qualified candidates.
Nearby Job Markets
Nearby Cities for Light Truck Drivers
| City | Salary | Dist. |
|---|---|---|
| Lafayette-West Lafayette, IN Light Truck Drivers Salary | $44,910↓ 8% | 39 mi |
| Muncie, IN Light Truck Drivers Salary | $46,310↓ 5% | 43 mi |
| Northern Indiana nonmetropolitan area Light Truck Drivers Salary | $44,440↓ 9% | 43 mi |
| Southern Indiana nonmetropolitan area Light Truck Drivers Salary | $41,220↓ 15% | 43 mi |
| Central Indiana nonmetropolitan area Light Truck Drivers Salary | $40,600↓ 17% | 43 mi |
Comparing salaries near Kokomo, IN
Hiring Light Truck Driverss?
Frequently Asked Questions
How much does a Light Truck Drivers make in Kokomo, IN?
The median annual salary for a Light Truck Drivers in Kokomo, IN is $48,750. This typically ranges from $27,830 for entry-level positions to $90,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kokomo, IN is 1.7% higher than the national median of $47,920.
Is Kokomo, IN a lucrative place for Light Truck Drivers?
Yes, Kokomo, IN offers competitive compensation for Light Truck Drivers.The average salary of $48,750 is above the national average, and the cost of living is on par with the national average, making it a financially stable location for this profession.
Is Kokomo, IN a good place to live for Light Truck Drivers?
The Cost of Living Index in Kokomo, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kokomo, IN?
Some top paying nearby cities include Lafayette-West Lafayette, IN ($44,910) and Muncie, IN.
How does the Kokomo, IN salary compare to the national average?
The average annual salary for Light Truck Drivers in Kokomo, IN, is $48,750, which is slightly higher than the national average of $47,920.
What is the concentration of Light Truck Driver jobs in Kokomo, IN?
Kokomo, IN has a Location Quotient of 1.69 for Light Truck Drivers, indicating a significantly higher concentration of these jobs compared to the national average.
Does experience impact salary for Light Truck Drivers in Kokomo, IN?
Yes, experience typically leads to higher salaries for Light Truck Drivers, with senior roles commanding more than the average pay, reflecting career progression.
How does the cost of living affect the salary in Kokomo, IN?
The cost of living in Kokomo, IN, is at the national average (100), meaning the $48,750 salary has equivalent purchasing power to the national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Kokomo, IN area with a job density of 10.923 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 Kokomo, IN