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Average Light Truck Drivers Salary in Toledo, OH

Light Truck Drivers in Toledo, OH, command an average annual salary of $50,520, notably exceeding the national average of $47,920. This higher compensation in Toledo is influenced by a combination of local economic factors and the specific demand for skilled logistics professionals within the region.

Executive Summary

  • Average Salary: $50,520 per year.
  • Growth Trend: Salaries have shifted 25.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $90,890.
  • Outlook: With a local workforce of 2,570 Light Truck Drivers and a Location Quotient of 1.36, Toledo demonstrates a robust and concentrated demand for this profession. The concentration above the national average suggests a specialized need for these roles, indicating a stable and potentially growing job market for individuals in this field.
2024 Market Data

Salary Overview

$50,520

The average Light Truck Drivers in Toledo, OH earns+5.4%above the national average.

BreakdownBased on 40h/week
Hourly

$24.3

Weekly

$972

Monthly

$4,210

Light Truck Drivers Salary Distribution in Toledo, OH

Salary progression for Light Truck Drivers in Toledo typically correlates with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$27,960$13.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$37,890$18.2
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$43,850$21.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$63,150$30.4
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$90,890$43.7

Detailed Light Truck Drivers Market Analysis

Relocation Context

Nominal Salary

$50,520

Gross Pay

Real Wage (Purchasing Power)

$50,520

Adjusted for COL (100)

The average annual salary of $50,520 in Toledo aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a Light Truck Driver's salary in Toledo is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

2,570

Total Jobs

8.8

Per 1K Jobs

1.36

Location Quotient

Above Average

With a location quotient of 1.36, Toledo, OH has a slightly higher-than-average concentration of Light Truck Drivers roles compared to the national norm.

A Location Quotient of 1.36 indicates that Toledo has a significantly higher concentration of Light Truck Drivers relative to its general workforce compared to the national average. This suggests a strong local industry presence, potentially driven by manufacturing, distribution, or retail sectors, making the job market competitive yet abundant for qualified drivers.

Nearby Job Markets

Nearby Cities for Light Truck Drivers

Comparing salaries near Toledo, OH

Hiring Light Truck Driverss?

Frequently Asked Questions

How much does a Light Truck Drivers make in Toledo, OH?

The median annual salary for a Light Truck Drivers in Toledo, OH is $50,520. This typically ranges from $27,960 for entry-level positions to $90,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Toledo, OH is 5.4% higher than the national median of $47,920.

Is Toledo, OH a lucrative place for Light Truck Drivers?

Yes, Toledo, OH offers a slightly more lucrative environment for Light Truck Drivers compared to the national average.The average salary of $50,520 is higher than the national average, and the cost of living is on par with the national average, indicating good earning potential.

Is Toledo, OH a good place to live for Light Truck Drivers?

The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Toledo, OH?

Some top paying nearby cities include Monroe, MI ($44,790) and Ann Arbor, MI.

How does Toledo's concentration of Light Truck Drivers compare nationally?

Toledo's Location Quotient of 1.36 is significantly higher than the national average of 1.0, indicating a greater concentration of Light Truck Drivers in the local workforce.

What is the total number of Light Truck Drivers in Toledo?

There are approximately 2,570 Light Truck Drivers employed in the Toledo, OH area.

Does experience impact a Light Truck Driver's salary in Toledo?

Yes, like most professions, experience plays a crucial role. Senior drivers with specialized skills and a proven track record generally earn higher salaries than entry-level drivers.

How does the cost of living in Toledo affect the salary?

With a Cost of Living Index of 100, Toledo's cost of living is exactly at the national average. This means the $50,520 salary provides purchasing power equivalent to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,570 employees in the Toledo, OH area with a job density of 8.8 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.