Average Light Truck Drivers Salary in Northern New Mexico nonmetropolitan area
Light Truck Drivers in the Northern New Mexico nonmetropolitan area earn an average annual salary of $41,920. This figure is notably below the national average of $47,920, suggesting that regional economic factors and demand dynamics play a significant role in compensation within this specific locale. The lower average pay may be influenced by the cost of doing business, local market saturation, or the specific types of industries prevalent in the area.
Executive Summary
- Average Salary: $41,920 per year.
- Growth Trend: Salaries have shifted 8.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,190.
- Outlook: With a total local workforce of 200 Light Truck Drivers, the job market in Northern New Mexico's nonmetropolitan areas appears to be relatively stable, though not a major hub for this profession. The low Location Quotient of 0.38 indicates a lower concentration of these jobs compared to the national average, suggesting that while opportunities exist, they are not as abundant as in more metropolitan or industrially focused regions.
Salary Overview
The average Light Truck Drivers in Northern New Mexico nonmetropolitan area earns-12.5%below the national average.
$20.2
$806
$3,493
Light Truck Drivers Salary Trends (2020-2024)
While specific historical data for this precise region is not provided, it is generally assumed that salaries for Light Truck Drivers across the nation have seen modest growth over the past four years, driven by inflation and consistent demand for logistics services. It is reasonable to infer that Northern New Mexico's nonmetropolitan areas have likely experienced similar, albeit potentially smaller, salary increases, reflecting broader economic trends and the ongoing need for transportation professionals.
Light Truck Drivers Salary Distribution in Northern New Mexico nonmetropolitan area
Salary progression for Light Truck Drivers typically correlates with experience and specialized skills. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive driving records, clean safety histories, and potentially endorsements for hazardous materials or specialized cargo can command significantly higher salaries. The percentile gaps in pay clearly signify career progression opportunities, rewarding accumulated expertise and reliability.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $26,190 | $12.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $31,440 | $15.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $37,190 | $17.9 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $52,400 | $25.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $59,190 | $28.5 |
Detailed Light Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$41,920
Gross Pay
Real Wage (Purchasing Power)
$41,920
Adjusted for COL (100)
The average annual salary of $41,920 in Northern New Mexico's nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal income is lower than the national average, the purchasing power of that income locally is equivalent to the national standard. Therefore, the salary, while not high, is balanced by the local cost of living, making it neither exceptionally advantageous nor disadvantageous from a pure cost-of-living perspective.
Job Market Context
200
Total Jobs
2.443
Per 1K Jobs
0.38
Location Quotient
At 0.38x, Northern New Mexico nonmetropolitan area has a notably lower concentration of Light Truck Drivers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.38 for Light Truck Drivers in Northern New Mexico's nonmetropolitan area indicates a market with a lower concentration of these jobs relative to the national average. This suggests that the job market is less competitive in terms of the sheer number of available drivers compared to national benchmarks, but also implies that the demand for these services might be more niche or less widespread across the region.
Nearby Job Markets
Nearby Cities for Light Truck Drivers
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Light Truck Drivers Salary | $42,830↑ 2% | 29 mi |
| Santa Fe, NM Light Truck Drivers Salary | $45,050↑ 7% | 59 mi |
Comparing salaries near Northern New Mexico nonmetropolitan area
Hiring Light Truck Driverss?
Frequently Asked Questions
How much does a Light Truck Drivers make in Northern New Mexico nonmetropolitan area?
The median annual salary for a Light Truck Drivers in Northern New Mexico nonmetropolitan area is $41,920. This typically ranges from $26,190 for entry-level positions to $59,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern New Mexico nonmetropolitan area is 12.5% lower than the national median of $47,920.
Is Northern New Mexico nonmetropolitan area a lucrative place for Light Truck Drivers?
No, it is not a particularly lucrative place for Light Truck Drivers.The average salary of $41,920 is below the national average, and the job concentration is significantly lower than the national average, indicating limited high-paying opportunities.
Is Northern New Mexico nonmetropolitan area a good place to live for Light Truck Drivers?
The Cost of Living Index in Northern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern New Mexico nonmetropolitan area?
Some top paying nearby cities include Albuquerque, NM ($42,830) and Santa Fe, NM.
How does the salary compare to the national average?
The average annual salary for Light Truck Drivers in Northern New Mexico's nonmetropolitan area is $41,920, which is $6,000 less than the national average of $47,920.
What is the job concentration like in this area?
The job concentration, measured by the Location Quotient, is 0.38, meaning there are fewer Light Truck Driver jobs per worker in this area compared to the national average.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average, meaning the $41,920 salary has the same purchasing power as the national average salary.
What does the total workforce number indicate?
A total local workforce of 200 Light Truck Drivers suggests a relatively small, specialized labor pool within the Northern New Mexico nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Northern New Mexico nonmetropolitan area area with a job density of 2.443 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 Northern New Mexico nonmetropolitan area