Average Light Truck Drivers Salary in Southwest Colorado nonmetropolitan area
Light Truck Drivers in the Southwest Colorado nonmetropolitan area earn an average annual salary of $49,920. This figure is slightly above the national average of $47,920, suggesting that regional economic factors and demand within this specific nonmetropolitan landscape contribute to a competitive compensation package. The unique logistical challenges and industry needs of this area likely influence driver remuneration.
Executive Summary
- Average Salary: $49,920 per year.
- Growth Trend: Salaries have shifted 20.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,660.
- Outlook: With a local workforce of 580 Light Truck Drivers, the Southwest Colorado nonmetropolitan area demonstrates a stable employment base for this profession. The Location Quotient of 0.83 indicates a concentration slightly below the national average, suggesting that while the profession is present, it is not disproportionately concentrated, implying a steady but not overly saturated job market.
Salary Overview
The average Light Truck Drivers in Southwest Colorado nonmetropolitan area earns+4.2%above the national average.
$24
$960
$4,160
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 Southwest Colorado have experienced gradual growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for logistics services, and evolving industry standards typically drive incremental salary increases for skilled positions like truck driving.
Light Truck Drivers Salary Distribution in Southwest Colorado nonmetropolitan area
Salary progression for Light Truck Drivers in Southwest Colorado typically correlates with experience and specialization. Entry-level positions may start closer to the lower end of the pay scale, while seasoned drivers with extensive experience, specialized certifications, or those handling more complex routes 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) | $34,030 | $16.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $37,440 | $18 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $46,600 | $22.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $62,400 | $30 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $64,660 | $31.1 |
Detailed Light Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$49,920
Gross Pay
Real Wage (Purchasing Power)
$49,920
Adjusted for COL (100)
The average annual salary of $49,920 in Southwest Colorado aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Light Truck Driver's salary in this region is comparable to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.
Job Market Context
580
Total Jobs
5.335
Per 1K Jobs
0.83
Location Quotient
Southwest Colorado nonmetropolitan area has 0.83x 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 0.83 for Light Truck Drivers in Southwest Colorado nonmetropolitan area suggests a job market that is slightly less concentrated than the national average. This implies that while the demand exists, there may be fewer drivers relative to the overall workforce compared to national benchmarks, potentially offering good opportunities for those entering or established in the field.
Nearby Job Markets
Nearby Cities for Light Truck Drivers
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Light Truck Drivers Salary | $46,520↓ 7% | 32 mi |
| Denver-Aurora-Centennial, CO Light Truck Drivers Salary | $52,540↑ 5% | 54 mi |
| Pueblo, CO Light Truck Drivers Salary | $43,390↓ 13% | 66 mi |
| Boulder, CO Light Truck Drivers Salary | $55,310↑ 11% | 67 mi |
| Greeley, CO Light Truck Drivers Salary | $47,180↓ 5% | 98 mi |
Comparing salaries near Southwest Colorado nonmetropolitan area
Hiring Light Truck Driverss?
Frequently Asked Questions
How much does a Light Truck Drivers make in Southwest Colorado nonmetropolitan area?
The median annual salary for a Light Truck Drivers in Southwest Colorado nonmetropolitan area is $49,920. This typically ranges from $34,030 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 Southwest Colorado nonmetropolitan area is 4.2% higher than the national median of $47,920.
Is Southwest Colorado nonmetropolitan area a lucrative place for Light Truck Drivers?
Yes, it offers competitive compensation relative to the cost of living.The average salary of $49,920 is above the national average, and with a cost of living index at par with the national average, the purchasing power is strong.
Is Southwest Colorado nonmetropolitan area a good place to live for Light Truck Drivers?
The Cost of Living Index in Southwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Colorado nonmetropolitan area?
Some top paying nearby cities include Colorado Springs, CO ($46,520) and Denver-Aurora-Centennial, CO.
How does the number of jobs per 1,000 workers compare nationally?
With 5.335 jobs per 1,000 workers, Southwest Colorado's rate for Light Truck Drivers is slightly below the national average, indicating a steady but not exceptionally high density of these roles within the local economy.
What is the significance of the Location Quotient (LQ) being 0.83?
An LQ of 0.83 means that Light Truck Driver jobs are 17% less concentrated in Southwest Colorado compared to the national average. This suggests a balanced market where demand exists but isn't overwhelmingly dominant.
Does experience significantly impact a Light Truck Driver's salary in this region?
Yes, like most professions, experience plays a crucial role. Senior drivers with specialized skills or extensive route knowledge typically earn more than entry-level drivers, reflecting the value of their expertise.
How does the total local workforce size affect job prospects?
A workforce of 580 indicates a substantial, established presence of Light Truck Drivers. This size suggests consistent demand and a stable job market for those in the profession within the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Southwest Colorado nonmetropolitan area area with a job density of 5.335 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 Southwest Colorado nonmetropolitan area