What’s the average salary for a tow truck driver?

State Avg. salary Hourly rate
Kansas Kansas $41,842 $41,842 $20.12 $20.12
Kentucky Kentucky $41,160 $41,160 $19.79 $19.79
Louisiana Louisiana $32,205 $32,205 $15.48 $15.48
Maine Maine $47,778 $47,778 $22.97 $22.97

What is the life expectancy of a tow truck driver?

2 Fast Lane blog: “According to the (CDC), the average life expectancy for a commercial truck driver is 61 years.

Is owning a tow truck profitable?

How much profit can a towing company make? The average tow truck business owner makes between $30,000 and $40,000 annually. The exact amount varies depending on the region that a business is in.

Where do tow truck drivers get paid the most?

Highest paying cities in United States for Tow Truck Drivers

  • Philadelphia, PA. $18.07. per hour.
  • Chicago, IL. $16.84. per hour.
  • Las Vegas, NV. $16.04. per hour.
  • San Diego, CA. $14.94. per hour.
  • Cincinnati, OH. $13.87. per hour.

Is Truck Driving bad for your health?

Long-haul truck drivers may develop health problems because of their work environment. … Truck drivers were twice as likely to be obese compared to other US workers. Being obese, or overweight, can increase the risk of other health problems, such as: Heart disease.

How often are tow truck drivers killed?

He said that on average a tow truck driver is killed nationally every six days. That figure has been referenced by the American Automobile Association in recent years.

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Is it hard to start a towing company?

That’s not to say starting a tow truck business will be easy: tallying up expenses, buying equipment, and obtaining the proper permits require time and dedication. What’s more, the day-to-day running of a towing business presents many challenges and difficult choices.

How much does it cost to buy a flatbed tow truck?

Depending on the options you choose, the cost of a typical tow truck can be anywhere between $58,000 and $850,000.

How do you value a towing company?

The classic method of valuing towing businesses is based on the value of the real estate owned and profit times a multiple, or assets and some goodwill, whichever is greater.

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