The annual salary statistics of derrick operators, oil and gas in Lafayette, Louisiana is shown in Table 1. The wage information of derrick operators, oil and gas in Lafayette 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 | $40,320 |
| 25th Percentile Wage | $43,390 |
| 50th Percentile Wage | $62,440 |
| 75th Percentile Wage | $65,460 |
| 90th Percentile Wage | $76,420 |
Table 1 shows the average annual salary for derrick operators, oil and gas in Lafayette, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $76,420. The median (50th percentile) annual salary is $62,440. The average annual salary for the bottom 10 percent earners is $40,320.
The table and chart below show the trend of the median salary of derrick operators, oil and gas from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $62,440 | 9.32% | 29.24% |
| 2021 | $56,620 | 21.87% | - |
| 2020 | $44,240 | -1.13% | - |
| 2019 | $44,740 | 7.11% | - |
| 2018 | $41,560 | -15.66% | - |
| 2016 | $48,070 | 1.12% | - |
| 2015 | $47,530 | -5.41% | - |
| 2014 | $50,100 | 8.12% | - |
| 2013 | $46,030 | 4.02% | - |
| 2012 | $44,180 | - | - |
From Table 3 we note that with a median annual salary of $62,440, Lafayette is the highest paying city for derrick operators, oil and gas in state of Louisiana, followed by Winnsboro nonmetropolitan area (median annual salary $60,590). In comparison, the median annual salary of derrick operators, oil and gas in Lafayette is 3.0 percent (3.0%) higher than that in Winnsboro nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Lafayette | |
| Winnsboro nonmetropolitan area | |
| New Orleans-Metairie-Kenner | |
| Shreveport-Bossier City | |
| New Iberia nonmetropolitan area | |
| Houma-Bayou Cane-Thibodaux | |
| Baton Rouge |