The annual salary statistics of petroleum engineers in New Iberia nonmetropolitan area, Louisiana is shown in Table 1. The wage information of petroleum engineers in New Iberia nonmetropolitan area 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 | $81,840 |
| 25th Percentile Wage | $105,240 |
| 50th Percentile Wage | $113,400 |
| 75th Percentile Wage | $121,560 |
| 90th Percentile Wage | $126,900 |
Table 1 shows the average annual salary for petroleum engineers in New Iberia nonmetropolitan area, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,900. The median (50th percentile) annual salary is $113,400. The average annual salary for the bottom 10 percent earners is $81,840.
The table and chart below show the trend of the median salary of petroleum engineers from 2012 to 2014. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 2-Year Growth |
|---|---|---|---|
| 2014 | $113,400 | 18.07% | 16.10% |
| 2013 | $92,910 | -2.40% | - |
| 2012 | $95,140 | - | - |
From Table 3 we note that with a median annual salary of $113,400, New Iberia nonmetropolitan area is the lowest paying city for petroleum engineers in state of Louisiana, following city of Shreveport-Bossier City (median annual salary of $139,020). Compared with the highest paying city Shreveport-Bossier City, the median annual salary of petroleum engineers in New Iberia nonmetropolitan area is 18.4 percent (18.4%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Shreveport-Bossier City | |
| Houma-Bayou Cane-Thibodaux | |
| Lake Charles | |
| New Orleans-Metairie-Kenner | |
| Baton Rouge | |
| Lafayette | |
| Natchitoches nonmetropolitan area | |
| New Iberia nonmetropolitan area |