The annual salary statistics of petroleum engineers in New Orleans-Metairie-Kenner, Louisiana is shown in Table 1. The wage information of petroleum engineers in New Orleans-Metairie-Kenner 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 | $105,380 |
| 25th Percentile Wage | $113,280 |
| 50th Percentile Wage | $130,870 |
| 75th Percentile Wage | $156,520 |
| 90th Percentile Wage | $176,580 |
Table 1 shows the average annual salary for petroleum engineers in New Orleans-Metairie-Kenner, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $176,580. The median (50th percentile) annual salary is $130,870. The average annual salary for the bottom 10 percent earners is $105,380.
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 | $130,870 | 0.02% | 5.89% |
| 2021 | $130,850 | 4.34% | - |
| 2020 | $125,170 | 1.17% | - |
| 2019 | $123,710 | -3.81% | - |
| 2018 | $128,420 | -0.93% | - |
| 2016 | $129,620 | -4.46% | - |
| 2015 | $135,400 | 5.24% | - |
| 2014 | $128,310 | 0.94% | - |
| 2013 | $127,110 | 3.11% | - |
| 2012 | $123,160 | - | - |
From Table 3 we note that the median annual salary of $130,870 in New Orleans-Metairie-Kenner is in the middle of salary range for petroleum engineers in state of Louisiana. In comparison, the annual salary of petroleum engineers in New Orleans-Metairie-Kenner is 5.9 percent (5.9%) lower than that in the highest paying Shreveport-Bossier City and 13.3 percent (13.3%) higher than that in the lowest paying New Iberia nonmetropolitan area.
| 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 |