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Average Light Truck Drivers Salary in South Arkansas nonmetropolitan area

Light Truck Drivers in South Arkansas nonmetropolitan area earn an average annual salary of $38,690. This figure is notably below the national average of $47,920. Local economic factors and the specific demand within this region contribute to this salary differential, reflecting the unique labor market dynamics at play.

Executive Summary

  • Average Salary: $38,690 per year.
  • Growth Trend: Salaries have shifted 29.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,820.
  • Outlook: With a local workforce of approximately 600 Light Truck Drivers, the job market in South Arkansas nonmetropolitan area presents a stable, albeit niche, employment landscape. The Location Quotient of 0.78 suggests a slightly lower concentration of these roles compared to the national average, indicating a steady demand that aligns with the region's economic activities.
2024 Market Data

Salary Overview

$38,690

The average Light Truck Drivers in South Arkansas nonmetropolitan area earns-19.3%below the national average.

BreakdownBased on 40h/week
Hourly

$18.6

Weekly

$744

Monthly

$3,224

Light Truck Drivers Salary Distribution in South Arkansas nonmetropolitan area

Career progression for Light Truck Drivers in South Arkansas nonmetropolitan area typically involves a salary increase tied to experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive driving records and specialized skills can command higher salaries. The gap between entry-level and senior roles signifies a clear path for career advancement and increased earning potential within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$25,230$12.1
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$29,018$14
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$34,700$16.7
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$48,363$23.3
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$59,820$28.8

Detailed Light Truck Drivers Market Analysis

Relocation Context

Nominal Salary

$38,690

Gross Pay

Real Wage (Purchasing Power)

$38,690

Adjusted for COL (100)

The nominal average annual salary of $38,690 in South Arkansas nonmetropolitan area aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Light Truck Driver's salary in this region is equivalent to the national standard, offering a balanced financial standing relative to the cost of goods and services.

Job Market Context

600

Total Jobs

5

Per 1K Jobs

0.78

Location Quotient

Below Average

South Arkansas nonmetropolitan area has 0.78x 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.

The Location Quotient of 0.78 for Light Truck Drivers in South Arkansas nonmetropolitan area indicates that the concentration of these jobs is slightly below the national average. This suggests that while the profession is present and necessary, it is not as densely populated as in other regions, potentially leading to a less competitive hiring environment for employers seeking qualified candidates.

Nearby Job Markets

Nearby Cities for Light Truck Drivers

Comparing salaries near South Arkansas nonmetropolitan area

Hiring Light Truck Driverss?

Frequently Asked Questions

How much does a Light Truck Drivers make in South Arkansas nonmetropolitan area?

The median annual salary for a Light Truck Drivers in South Arkansas nonmetropolitan area is $38,690. This typically ranges from $25,230 for entry-level positions to $59,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Arkansas nonmetropolitan area is 19.3% lower than the national median of $47,920.

Is South Arkansas nonmetropolitan area a lucrative place for Light Truck Drivers?

No, it is not considered a lucrative place for Light Truck Drivers compared to national averages.The average salary of $38,690 is significantly lower than the national average of $47,920. While the cost of living is at the national average, the lower nominal pay indicates less lucrative earning potential.

Is South Arkansas nonmetropolitan area a good place to live for Light Truck Drivers?

The Cost of Living Index in South Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Arkansas nonmetropolitan area?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($44,890) and Hot Springs, AR.

How does the number of Light Truck Drivers in South Arkansas compare nationally?

With approximately 600 Light Truck Drivers locally and 5 jobs per 1,000 workers, the concentration is slightly below the national average, as indicated by a Location Quotient of 0.78.

What is the impact of the Cost of Living Index on salaries in South Arkansas?

The Cost of Living Index is 100, matching the national average. This means the $38,690 salary has the same purchasing power locally as the national average salary does nationwide.

Are there many job openings for Light Truck Drivers in this area?

The job market appears stable with a consistent demand, evidenced by 5 jobs per 1,000 workers and a Location Quotient slightly below the national average, suggesting steady but not explosive growth.

How does experience affect a Light Truck Driver's salary in South Arkansas?

Experience is a key factor in salary progression, with senior drivers earning more than entry-level positions, reflecting a standard career ladder within the field.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 600 employees in the South Arkansas nonmetropolitan area area with a job density of 5 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.