So, you’re considering a career in truck driving—good for you! The trucking industry is booming, and the demand for qualified drivers has never been higher. But the big question on everyone’s mind is, “how much money can I make as a truck driver?” Keep in mind Local Truck Drivers get paid differently than long-haul truck drivers. First, let’s look at the average pay per mile so you can get an idea of your earning potential.
Average Long-Haul truck Driver Pay
The average pay per mile for truck drivers varies depending on the type of freight and where it is being shipped. Generally speaking, though, most drivers earn between 28 and 40 cents per mile. That means that if you are able to complete 2,000 miles per week, your total earnings could range from $560 to $800. If you are able to complete 3,000 miles per week, your total earnings could range from $840 to $1,200.
Local Truck Driver Pay
The average salary for a local truck driver depends on several factors, including the state in which they reside and the type of freight they are hauling. In general, however, most drivers make between $40,000 and $55,000 per year. This salary range is based on a 40-hour work week with no overtime pay. Drivers may also receive additional tips or bonuses depending on their performance or how many loads they are hauling.
Factors That Impact Earnings Potential
Of course, these numbers are just averages; your actual earnings will depend on a variety of factors such as experience level, years in the industry and region where you work. Experienced drivers typically command higher rates than those who are just starting out in the industry. Additionally, some areas may offer higher wages than others due to cost of living differences or other economic factors.
Choosing Your Employer Wisely
When selecting which employer to work for as a truck driver, it’s important to do your research and choose wisely. Some employers offer base salaries plus bonuses or commission-based compensation structures based on performance while others may only offer hourly rates or mileage payouts. It’s important to understand all of the details before signing any contracts or agreements with an employer so that there are no surprises down the road when it comes time to collect your earnings.
Financial security
Truck driving is an incredibly rewarding career that can provide financial security for many years to come—but only if you make wise choices about which employer you decide to work for and how much money they can offer you per mile driven. By researching different companies in your area and understanding all of their payment policies upfront, you can maximize your earning potential as a truck driver and ensure that every mile counts!
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