Are you interested in becoming a truck driver? Have you wondered, “How much do truckers make?”
Knowing how much truckers make can help you decide if this is the right profession for you.
The truth is that being a long-haul truck driver these days is tough and not as lucrative as it once was. But, it’s still possible to make a good living as a long-haul trucker.
Are you considering taking up truck driving? Then here’s some information for you. Keep reading to learn more!
Table of Contents
How Much Do Truckers Make?
Truck drivers in the United States make a median salary of $48,310 per year or $23.23 per hour, according to the Bureau of Labor Statistics. The average trucker salary is $60,000 annually, while the top 10% of earners make more than $80,000 annually.
Trucking is one of the few occupations that does not require a college degree. Many trucking companies, though, offer paid training programs.
How Trucking Companies Pay Their Drivers
Trucking companies usually pay their drivers one of two ways: by the mile or by the load.
Some companies pay a base rate per mile, while others pay a higher rate for shorter hauls and a lower rate for longer hauls. Load rates vary depending on the load hauled and the truck’s size.
Some companies also offer bonuses for driver referrals, fuel efficiency, and driver safety.
How Experience Affects a Trucker’s Salary
Truckers with more experience generally make more money than those just starting out. Trucking companies are willing to pay experienced drivers more because they are less likely to have accidents and are more efficient at their jobs.
New drivers fresh out of trucking school can expect to start out at a lower salary, but with good performance, they can quickly earn raises and move up in pay. Many trucking companies offer bonuses and other incentives to experienced drivers to keep them working for their company.
Experience means more pay, and companies are hiring truck drivers by the dozen, and it’s never too late to jumpstart your trucker career.
Various Types of Trucking Jobs
Owner-operators and team drivers tend to make the most money, while company drivers and lease operators make less. Nonetheless, all truckers make a good living.
Long haul truckers may make more money than local truckers because they are away from home for longer periods of time and cover more miles. Tanker truckers may make more money than general freight truckers because they carry specialized and dangerous loads.
Owner-Operators vs. Company Drivers
Owner-operators are self-employed and own their own truck. Trucking companies employ company drivers.
Owner-operators usually make more money than company drivers. This is because they are self-employed and can set their own rates. They also don’t have to pay for things like insurance and maintenance, which can be expensive.
On the other hand, company drivers usually get paid by the mile. This means that they may not make as much money as owner-operators, but they also don’t have as many expenses.
Catch You on the Flip Flop
How much do truckers make? A very decent one from the looks of it.
The trucking industry is important, and truckers make a good wage. They can make a good living and provide for their families. Many factors contribute to how much truckers make, but they make a good wage on average.
For more helpful how-to advice, check out the rest of our site!