Average Light Truck Drivers Salary in Waco, TX
Light Truck Drivers in Waco, TX earn an average annual salary of $47,240. This figure is slightly below the national average of $47,920, indicating a localized pay scale influenced by regional economic factors and the specific demand within the Waco metropolitan area. While close to the national benchmark, subtle differences reflect the unique labor market dynamics at play.
Executive Summary
- Average Salary: $47,240 per year.
- Growth Trend: Salaries have shifted 13.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $91,650.
- Outlook: With a local workforce of 590 Light Truck Drivers, Waco, TX presents a moderately sized employment sector for this profession. The Location Quotient of 0.71 suggests a slightly lower concentration of these drivers compared to the national average, implying a stable but not exceptionally high demand relative to other occupations in the area. This indicates a consistent need for these services without an oversupply of professionals.
Salary Overview
The average Light Truck Drivers in Waco, TX earns-1.4%below the national average.
$22.7
$908
$3,937
Light Truck Drivers Salary Trends (2020-2024)
While specific historical data for Waco, TX is not provided, it is reasonable to assume that salaries for Light Truck Drivers have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, increased shipping demands, and inflation typically contribute to upward pressure on wages for essential roles like truck driving, suggesting a positive trajectory for earnings in this field.
Light Truck Drivers Salary Distribution in Waco, TX
Salary progression for Light Truck Drivers in Waco, TX, like elsewhere, is typically tied to experience and skill level. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized endorsements or extensive driving records can command significantly higher salaries. The gap between entry-level and senior roles, often reflected in salary percentiles, signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $26,210 | $12.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $35,430 | $17 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $39,140 | $18.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $59,050 | $28.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $91,650 | $44.1 |
Detailed Light Truck Drivers Market Analysis
Relocation Context
Nominal Salary
$47,240
Gross Pay
Real Wage (Purchasing Power)
$47,240
Adjusted for COL (100)
The average annual salary of $47,240 in Waco, TX aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Light Truck Driver's salary in Waco is equivalent to that of a driver earning the national average in a typical U.S. city. Consequently, the nominal salary offers a standard level of financial comfort relative to local expenses.
Job Market Context
590
Total Jobs
4.557
Per 1K Jobs
0.71
Location Quotient
Waco, TX has 0.71x 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.
A Location Quotient of 0.71 for Light Truck Drivers in Waco, TX indicates that this profession is slightly less concentrated than the national average. This suggests that while the job market is stable and professionals are needed, there isn't an overwhelming abundance of these roles compared to the overall employment landscape. This can translate to a moderately competitive job market where skilled drivers are valued.
Nearby Job Markets
Nearby Cities for Light Truck Drivers
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Light Truck Drivers Salary | $38,860↓ 18% | 41 mi |
| Northwestern Region of Texas nonmetropolitan area Light Truck Drivers Salary | $40,440↓ 14% | 41 mi |
| Hill Country Region of Texas nonmetropolitan area Light Truck Drivers Salary | $38,260↓ 19% | 41 mi |
| Coastal Plains Region of Texas nonmetropolitan area Light Truck Drivers Salary | $33,920↓ 28% | 41 mi |
| Eastern Region of Texas nonmetropolitan area Light Truck Drivers Salary | $43,840↓ 7% | 41 mi |
Comparing salaries near Waco, TX
Hiring Light Truck Driverss?
Frequently Asked Questions
How much does a Light Truck Drivers make in Waco, TX?
The median annual salary for a Light Truck Drivers in Waco, TX is $47,240. This typically ranges from $26,210 for entry-level positions to $91,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 1.4% lower than the national median of $47,920.
Is Waco, TX a lucrative place for Light Truck Drivers?
No, not significantly more lucrative than the national average.The average salary of $47,240 is slightly below the national average, and the cost of living is exactly at the national average, indicating standard earning potential.
Is Waco, TX a good place to live for Light Truck Drivers?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($38,860) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's cost of living compare to the national average for Light Truck Drivers?
Waco, TX has a Cost of Living Index of 100, which is exactly the national average. This means that the expenses for daily living in Waco are comparable to the typical U.S. city.
What is the concentration of Light Truck Drivers in Waco, TX compared to the rest of the country?
The Location Quotient for Light Truck Drivers in Waco is 0.71, meaning the profession is slightly less concentrated in Waco than the national average. This suggests a stable, but not overly saturated, job market for these drivers.
How many Light Truck Drivers are there in Waco, TX?
Waco, TX has a local workforce of 590 Light Truck Drivers, representing 4.557 jobs per 1,000 workers in the area.
Can I expect my salary to increase with experience as a Light Truck Driver in Waco?
Yes, typically, as Light Truck Drivers gain more experience and potentially acquire specialized skills or endorsements, their earning potential increases significantly, moving them up the salary scale.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 590 employees in the Waco, TX area with a job density of 4.557 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 Waco, TX