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Average Light Truck Drivers Salary in South Bend-Mishawaka, IN-MI

Light Truck Drivers in the South Bend-Mishawaka, IN-MI area earn an average annual salary of $47,480. This figure is slightly below the national average of $47,920, suggesting that while the demand is present, local economic factors and industry specifics may be influencing compensation levels. The concentration of this role within the region plays a key part in understanding these pay dynamics.

Executive Summary

  • Average Salary: $47,480 per year.
  • Growth Trend: Salaries have shifted 36.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $85,690.
  • Outlook: The South Bend-Mishawaka region supports a robust workforce of approximately 1,200 Light Truck Drivers. With a Location Quotient of 1.42, this indicates a significantly higher concentration of these jobs compared to the national average, signaling strong local demand and a potentially stable job market for this profession.
2024 Market Data

Salary Overview

$47,480

The average Light Truck Drivers in South Bend-Mishawaka, IN-MI earns-0.9%below the national average.

BreakdownBased on 40h/week
Hourly

$22.8

Weekly

$913

Monthly

$3,957

Light Truck Drivers Salary Distribution in South Bend-Mishawaka, IN-MI

Salary progression for Light Truck Drivers typically correlates with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings clearly signify career advancement opportunities and the value placed on expertise within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$29,820$14.3
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$35,610$17.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$40,490$19.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$59,350$28.5
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$85,690$41.2

Detailed Light Truck Drivers Market Analysis

Relocation Context

Nominal Salary

$47,480

Gross Pay

Real Wage (Purchasing Power)

$47,480

Adjusted for COL (100)

The average annual salary of $47,480 in South Bend-Mishawaka aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers a purchasing power equivalent to the national average, providing a stable financial foundation for residents without the added pressure of higher living expenses.

Job Market Context

1,200

Total Jobs

9.145

Per 1K Jobs

1.42

Location Quotient

Above Average

With a location quotient of 1.42, South Bend-Mishawaka, IN-MI has a slightly higher-than-average concentration of Light Truck Drivers roles compared to the national norm.

A Location Quotient of 1.42 for Light Truck Drivers in South Bend-Mishawaka signifies a notable concentration of this occupation compared to the national benchmark. This suggests that the job market here is more specialized and potentially more competitive, with a greater availability of roles relative to the overall workforce, indicating a favorable environment for job seekers in this sector.

Nearby Job Markets

Nearby Cities for Light Truck Drivers

Comparing salaries near South Bend-Mishawaka, IN-MI

Hiring Light Truck Driverss?

Frequently Asked Questions

How much does a Light Truck Drivers make in South Bend-Mishawaka, IN-MI?

The median annual salary for a Light Truck Drivers in South Bend-Mishawaka, IN-MI is $47,480. This typically ranges from $29,820 for entry-level positions to $85,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Bend-Mishawaka, IN-MI is 0.9% lower than the national median of $47,920.

Is South Bend-Mishawaka, IN-MI a lucrative place for Light Truck Drivers?

Yes, it offers competitive compensation relative to the cost of living.The average salary of $47,480 is on par with the national average, and with a Cost of Living Index of 100, your earnings hold strong purchasing power locally.

Is South Bend-Mishawaka, IN-MI a good place to live for Light Truck Drivers?

The Cost of Living Index in South Bend-Mishawaka, IN-MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Bend-Mishawaka, IN-MI?

Some top paying nearby cities include Niles, MI ($43,490) and Elkhart-Goshen, IN.

How does the South Bend-Mishawaka salary compare to the national average for Light Truck Drivers?

The average annual salary for Light Truck Drivers in South Bend-Mishawaka is $47,480, which is slightly lower than the national average of $47,920.

What is the concentration of Light Truck Drivers in South Bend-Mishawaka?

The concentration, measured by the Location Quotient, is 1.42, indicating that this profession is more prevalent in South Bend-Mishawaka than the national average.

How does the cost of living in South Bend-Mishawaka affect the salary?

With a Cost of Living Index of 100, the national average, the $47,480 salary provides purchasing power equivalent to the national average, making it a stable financial environment.

What does the job market look like for Light Truck Drivers in this area?

The job market appears robust, with a higher-than-average concentration of Light Truck Driver positions and a local workforce of 1,200, suggesting consistent demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,200 employees in the South Bend-Mishawaka, IN-MI area with a job density of 9.145 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.