Average Light Truck Drivers Salary in Terre Haute, IN
Light Truck Drivers in Terre Haute, IN earn an average annual salary of $41,620. This figure is notably below the national average of $47,920, suggesting that local economic factors and demand dynamics play a significant role in compensation within this specific region. The cost of living in Terre Haute aligns perfectly with the national average, which is a crucial factor when evaluating the true purchasing power of this salary.
Executive Summary
- Average Salary: $41,620 per year.
- Growth Trend: Salaries have shifted 7.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,460.
- Outlook: With a local workforce of 430 Light Truck Drivers and a Location Quotient of 1.03, Terre Haute exhibits a concentration of these professionals that is slightly above the national average. This indicates a stable, if not slightly elevated, demand for their services within the local economy, suggesting a robust job market for those in this field.
Salary Overview
The average Light Truck Drivers in Terre Haute, IN earns-13.1%below the national average.
$20
$800
$3,468
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 Terre Haute have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically contribute to a steady upward trajectory in compensation for essential roles like truck driving.
Light Truck Drivers Salary Distribution in Terre Haute, IN
As with most professions, experience significantly influences the earning potential for Light Truck Drivers. Entry-level positions typically command lower salaries, while seasoned professionals with extensive driving records and specialized skills can expect to earn considerably more. The progression from junior to senior roles is often marked by substantial salary increases, reflecting accumulated expertise and reliability.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $26,230 | $12.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $31,215 | $15 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $37,920 | $18.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $52,025 | $25 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $58,460 | $28.1 |
Detailed Light Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$41,620
Gross Pay
Real Wage (Purchasing Power)
$41,620
Adjusted for COL (100)
The average annual salary of $41,620 in Terre Haute, IN, when juxtaposed with a Cost of Living Index of 100 (which is the national average), indicates that the nominal income provides purchasing power equivalent to the national average. This means that while the salary is below the national average, the cost of essential goods and services is also at the national average, offering a balanced financial standing for residents.
Job Market Context
430
Total Jobs
6.63
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, Terre Haute, IN has a slightly higher-than-average concentration of Light Truck Drivers roles compared to the national norm.
The Location Quotient of 1.03 for Light Truck Drivers in Terre Haute signifies a job market where the concentration of these professionals is just slightly higher than the national average. This suggests a healthy and competitive environment, with ample opportunities available without being oversaturated, making it a potentially favorable market for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Light Truck Drivers
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IN Light Truck Drivers Salary | $48,720↑ 17% | 50 mi |
| Northern Indiana nonmetropolitan area Light Truck Drivers Salary | $44,440↑ 7% | 65 mi |
| Southern Indiana nonmetropolitan area Light Truck Drivers Salary | $41,220↓ 1% | 65 mi |
| Central Indiana nonmetropolitan area Light Truck Drivers Salary | $40,600↓ 2% | 65 mi |
| Champaign-Urbana, IL Light Truck Drivers Salary | $54,390↑ 31% | 65 mi |
Comparing salaries near Terre Haute, IN
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Frequently Asked Questions
How much does a Light Truck Drivers make in Terre Haute, IN?
The median annual salary for a Light Truck Drivers in Terre Haute, IN is $41,620. This typically ranges from $26,230 for entry-level positions to $58,460 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Terre Haute, IN is 13.1% lower than the national median of $47,920.
Is Terre Haute, IN 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 Terre Haute is below the national average. The job market shows a slightly higher concentration than the national average, indicating stable demand.
Is Terre Haute, IN a good place to live for Light Truck Drivers?
The Cost of Living Index in Terre Haute, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Terre Haute, IN?
Some top paying nearby cities include Bloomington, IN ($48,720) and Northern Indiana nonmetropolitan area.
How does Terre Haute's cost of living compare to the national average for Light Truck Drivers?
Terre Haute's cost of living index is 100, which is exactly the national average. This means that the expenses for goods and services in Terre Haute are comparable to the national average, making the local salary's purchasing power align with the national standard.
What is the concentration of Light Truck Drivers in Terre Haute?
The concentration, measured by the Location Quotient, is 1.03. This indicates that Terre Haute has a slightly higher proportion of Light Truck Drivers relative to its total workforce compared to the national average.
How many Light Truck Drivers are there in Terre Haute?
There are approximately 430 Light Truck Drivers employed in Terre Haute, IN. This number reflects the local workforce size for this specific occupation.
Are there many job opportunities for Light Truck Drivers in Terre Haute?
With a Location Quotient of 1.03 and 6.63 jobs per 1,000 workers, the market suggests a stable demand for Light Truck Drivers, indicating a good number of opportunities within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Terre Haute, IN area with a job density of 6.63 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 Terre Haute, IN