The annual salary statistics of petroleum engineers in Anchorage, Alaska is shown in Table 1. The wage information of petroleum engineers in Anchorage 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 | $60,490 |
| 25th Percentile Wage | $99,230 |
| 50th Percentile Wage | $140,910 |
| 75th Percentile Wage | $218,690 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for petroleum engineers in Anchorage, Alaska in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $218,690. The median (50th percentile) annual salary is $140,910. The average annual salary for the bottom 10 percent earners is $60,490.
The table and chart below show the trend of the median salary of petroleum engineers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $140,910 | -15.93% | -1.07% |
| 2021 | $163,360 | 16.52% | - |
| 2020 | $136,370 | 0.49% | - |
| 2019 | $135,700 | -12.48% | - |
| 2018 | $152,640 | 2.60% | - |
| 2017 | $148,670 | 1.00% | - |
| 2016 | $147,190 | 1.60% | - |
| 2015 | $144,840 | 1.40% | - |
| 2014 | $142,810 | -0.93% | - |
| 2013 | $144,140 | 1.19% | - |
| 2012 | $142,420 | - | - |
From Table 3 we note that with a median annual salary of $140,910, Anchorage is the second highest paying city for petroleum engineers in state of Alaska, following the highest paying city Alaska nonmetropolitan area (median annual salary of $165,440). Compared with Alaska nonmetropolitan area, the median annual salary of petroleum engineers in Anchorage is 14.8 percent (14.8%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Alaska nonmetropolitan area | |
| Anchorage | |
| Railbelt-Southwest Alaska nonmetropolitan area |