The annual salary statistics of petroleum engineers in Oxnard-Thousand Oaks-Ventura, California is shown in Table 1. The wage statistics of petroleum engineers in Oxnard-Thousand Oaks-Ventura 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 | $75,660 |
| 25th Percentile Wage | $128,670 |
| 50th Percentile Wage | $165,020 |
| 75th Percentile Wage | $187,010 |
| 90th Percentile Wage | $222,310 |
Table 1 shows the average annual salary for petroleum engineers in Oxnard-Thousand Oaks-Ventura, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $222,310. The median (50th percentile) annual salary is $165,020. The average annual salary for the bottom 10 percent earners is $75,660.
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 | $165,020 | -4.26% | 28.20% |
| 2021 | $172,050 | 11.03% | - |
| 2020 | $153,080 | 9.12% | - |
| 2019 | $139,120 | 2.86% | - |
| 2018 | $135,140 | 6.08% | - |
| 2017 | $126,920 | -10.28% | - |
| 2016 | $139,970 | 9.55% | - |
| 2015 | $126,600 | 5.47% | - |
| 2014 | $119,680 | 0.99% | - |
| 2013 | $118,490 | 0.00% | - |
| 2012 | $118,490 | - | - |
From Table 3 we note that with a median annual salary of $165,020, Oxnard-Thousand Oaks-Ventura is the highest paying city for petroleum engineers in state of California, followed by Bakersfield-Delano (median annual salary $154,690). In comparison, the median annual salary of petroleum engineers in Oxnard-Thousand Oaks-Ventura is 6.3 percent (6.3%) higher than that in Bakersfield-Delano.
| Cities/Areas | Median Annual Salary |
|---|---|
| Oxnard-Thousand Oaks-Ventura | |
| Bakersfield-Delano | |
| Sacramento-Arden-Arcade-Roseville | |
| Los Angeles-Long Beach-Glendale | |
| Los Angeles-Long Beach-Anaheim | |
| Oakland-Fremont-Hayward | |
| Santa Barbara-Santa Maria-Goleta | |
| Los Angeles-Long Beach-Santa Ana | |
| Santa Ana-Anaheim-Irvine | |
| San Francisco-Oakland-Fremont | |
| Riverside-San Bernardino-Ontario |