Average Light Truck Drivers Salary in Laredo, TX
Light Truck Drivers in Laredo, TX earn an average annual salary of $36,210. This figure is notably below the national average of $47,920, indicating a localized compensation structure. Factors such as regional economic conditions and the specific demand within the Laredo market likely contribute to this pay differential.
Executive Summary
- Average Salary: $36,210 per year.
- Growth Trend: Salaries have shifted 19.7% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,660.
- Outlook: With a local workforce of 730 Light Truck Drivers and a Location Quotient of 1.07, Laredo exhibits a concentration of these roles slightly above the national average. This suggests a stable, albeit not rapidly expanding, demand for this profession within the city, indicating a consistent job market for those in the field.
Salary Overview
The average Light Truck Drivers in Laredo, TX earns-24.4%below the national average.
$17.4
$696
$3,018
Light Truck Drivers Salary Trends (2020-2024)
While specific historical data for Laredo's Light Truck Driver salaries is not provided, it's reasonable to assume a general upward trend in compensation over the past four years, mirroring national patterns. Economic shifts and inflation typically drive salary increases across most industries, including transportation and logistics.
Light Truck Drivers Salary Distribution in Laredo, TX
Salary progression for Light Truck Drivers in Laredo, TX, typically correlates with experience. Entry-level positions will likely fall at the lower end of the pay scale, while seasoned professionals with extensive driving records and specialized skills can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $15,080 | $7.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $27,158 | $13.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $33,040 | $15.9 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $45,263 | $21.8 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $64,660 | $31.1 |
Detailed Light Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$36,210
Gross Pay
Real Wage (Purchasing Power)
$36,210
Adjusted for COL (100)
The average annual salary of $36,210 in Laredo, TX, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is lower than the national average, the purchasing power of a Light Truck Driver's income in Laredo is equivalent to that of the average U.S. worker.
Job Market Context
730
Total Jobs
6.893
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Laredo, TX has a slightly higher-than-average concentration of Light Truck Drivers roles compared to the national norm.
A Location Quotient of 1.07 signifies that Light Truck Driver roles are slightly more concentrated in Laredo, TX, than the national average. This suggests a healthy, competitive market where employers actively seek qualified candidates, but the demand is not overwhelmingly skewed, offering a balanced environment for job seekers.
Nearby Job Markets
Hiring Light Truck Driverss?
Frequently Asked Questions
How much does a Light Truck Drivers make in Laredo, TX?
The median annual salary for a Light Truck Drivers in Laredo, TX is $36,210. This typically ranges from $15,080 for entry-level positions to $64,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Laredo, TX is 24.4% lower than the national median of $47,920.
Is Laredo, TX a lucrative place for Light Truck Drivers?
No, not exceptionally lucrative compared to the national average.While the cost of living is on par with the national average, the average salary for Light Truck Drivers in Laredo is significantly lower than the national average. This means the take-home pay does not offer a substantial financial advantage.
Is Laredo, TX a good place to live for Light Truck Drivers?
The Cost of Living Index in Laredo, TX is 100. While higher than average, this often correlates with higher wages.
How does Laredo's job market compare to the national average for Light Truck Drivers?
Laredo has a slightly higher concentration of Light Truck Drivers than the national average, indicated by a Location Quotient of 1.07, suggesting a stable local demand for these professionals.
What is the impact of experience on a Light Truck Driver's salary in Laredo?
Experience is a key driver of salary increases for Light Truck Drivers in Laredo, with senior roles commanding higher pay than entry-level positions, reflecting a typical career progression.
Does the cost of living in Laredo affect the value of a Light Truck Driver's salary?
No, the cost of living in Laredo is exactly at the national average (100). Therefore, the lower nominal salary of $36,210 has the same purchasing power as the national average salary in a national average cost of living area.
What is the total number of Light Truck Drivers employed in Laredo, TX?
There are approximately 730 Light Truck Drivers employed in Laredo, TX, contributing to the local transportation and logistics sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 730 employees in the Laredo, TX area with a job density of 6.893 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 Laredo, TX