If you’re thinking of starting your truck dispatching company, you must understand how much money you can make. In this article, we’ll look at how much truck dispatchers make on average and what factors influence how much they earn. We’ll also discuss the income potential for entrepreneurs starting a truck dispatch businesses.
How Much Do Truck Dispatchers Make
The average truck dispatcher’s salary is $$33,473 annually or $16 per hour. However, salaries can range from as low as $22,490 to as high as $48,490 per year. The U.S. Bureau of Labor and Statistics reports that the median salary for truck dispatchers is $36,170 per year.
Which Factors Influence Truck Dispatcher Salaries?
There are several factors that can influence how much truck dispatchers make, including experience, education, and location.
Experience
Truck dispatchers with more experience earn higher salaries than those with less experience. For example, the BLS reports that the median salary for dispatchers with 1 to 3 years of experience is $30,170 per year. Meanwhile, the median salary for dispatchers with 4 to 5 years of experience is $34,170 per year, and the median salary for dispatchers with more than five years of experience is $39,390 per year.
Education
Truck dispatchers with more education tend to earn higher salaries than those with less education. The BLS reports that the median salary for dispatchers with a high school diploma is $30,170 per year. Meanwhile, the median salary for dispatchers with some college is $32,940 per year, and the median salary for dispatchers with a bachelor’s degree is $39,390 per year.
Location
Truck dispatchers who work in certain locations tend to earn higher salaries than those who work in other locations. For example, the BLS reports that the median salary for dispatchers in the Northeast is $37,170 per year. Meanwhile, the median salary for dispatchers in the Midwest is $33,940 annually. The median salary for dispatchers in the South is $32,170 per year, and the median salary for dispatchers in the West is $36,170 per year.
The Income Potential of Starting a Truck Dispatching Businesses
The average truck dispatcher’s salary is $32,940 per year. However, the income potential for entrepreneurs who start a truck dispatching businesses is much higher. In fact, the median wage for self-employed truck dispatchers is $60,000 annually.
Now that you know how much truck dispatchers make on average and what factors influence how much they earn, you can decide if becoming a truck dispatcher is an ideal-fit opportunity for you.