The annual salary statistics of petroleum engineers in Denver-Aurora-Broomfield, Colorado is shown in Table 1. The wage data of petroleum engineers in Denver-Aurora-Broomfield 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 | $83,810 |
| 25th Percentile Wage | $107,200 |
| 50th Percentile Wage | $139,320 |
| 75th Percentile Wage | $175,140 |
| 90th Percentile Wage | $215,950 |
Table 1 shows the average annual salary for petroleum engineers in Denver-Aurora-Broomfield, Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $215,950. The median (50th percentile) annual salary is $139,320. The average annual salary for the bottom 10 percent earners is $83,810.
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 | $139,320 | 4.91% | 4.16% |
| 2021 | $132,480 | -12.66% | - |
| 2020 | $149,250 | -1.04% | - |
| 2019 | $150,800 | 3.28% | - |
| 2018 | $145,860 | -8.72% | - |
| 2017 | $158,580 | 3.97% | - |
| 2016 | $152,280 | -0.99% | - |
| 2015 | $153,780 | 4.15% | - |
| 2014 | $147,400 | 6.61% | - |
| 2013 | $137,650 | 3.00% | - |
| 2012 | $133,520 | - | - |
From Table 3 we note that with a median annual salary of $139,320, Denver-Aurora-Broomfield is the highest paying city for petroleum engineers in state of Colorado, followed by Greeley (median annual salary $129,840). In comparison, the median annual salary of petroleum engineers in Denver-Aurora-Broomfield is 6.8 percent (6.8%) higher than that in Greeley.
| Cities/Areas | Median Annual Salary |
|---|---|
| Denver-Aurora-Broomfield | |
| Greeley | |
| West Colorado nonmetropolitan area | |
| Northcentral Colorado nonmetropolitan area | |
| Grand Junction |