The annual salary statistics of heavy and tractor-trailer truck drivers in Memphis, Tennessee is shown in Table 1. The wage information of heavy and tractor-trailer truck drivers in Memphis is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $37,180 |
| 25th Percentile Wage | $45,400 |
| 50th Percentile Wage | $57,690 |
| 75th Percentile Wage | $75,680 |
| 90th Percentile Wage | $83,230 |
Table 1 shows the average annual salary for heavy and tractor-trailer truck drivers in Memphis, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $83,230. The median (50th percentile) annual salary is $57,690. The average annual salary for the bottom 10 percent earners is $37,180.
The table and chart below show the trend of the median salary of heavy and tractor-trailer truck drivers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $57,690 | 13.90% | 27.30% |
| 2021 | $49,670 | 6.36% | - |
| 2020 | $46,510 | 5.27% | - |
| 2019 | $44,060 | -1.13% | - |
| 2018 | $44,560 | 6.17% | - |
| 2017 | $41,810 | -3.42% | - |
| 2016 | $43,240 | 2.71% | - |
| 2015 | $42,070 | 1.47% | - |
| 2014 | $41,450 | 1.33% | - |
| 2013 | $40,900 | -2.54% | - |
| 2012 | $41,940 | - | - |
From Table 3 we note that with a median annual salary of $57,690, Memphis is the second highest paying city for heavy and tractor-trailer truck drivers in state of Tennessee, following the highest paying city Morristown (median annual salary of $59,030). Compared with Morristown, the median annual salary of heavy and tractor-trailer truck drivers in Memphis is 2.3 percent (2.3%) lower.