The annual salary statistics of petroleum engineers in Southwestern Oklahoma nonmetropolitan area, Oklahoma is shown in Table 1. The wage information of petroleum engineers in Southwestern Oklahoma 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 | $102,640 |
| 25th Percentile Wage | $125,310 |
| 50th Percentile Wage | $160,210 |
| 75th Percentile Wage | $160,210 |
| 90th Percentile Wage | $169,110 |
Table 1 shows the average annual salary for petroleum engineers in Southwestern Oklahoma nonmetropolitan area, Oklahoma in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $169,110. The median (50th percentile) annual salary is $160,210. The average annual salary for the bottom 10 percent earners is $102,640.
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 | $160,210 | -2.52% | 37.17% |
| 2021 | $164,250 | 51.39% | - |
| 2017 | $79,850 | -26.06% | - |
| 2016 | $100,660 | 3.25% | - |
| 2015 | $97,390 | -16.38% | - |
| 2014 | $113,340 | -11.30% | - |
| 2013 | $126,150 | 20.21% | - |
| 2012 | $100,660 | - | - |
From Table 3 we note that with a median annual salary of $160,210, Southwestern Oklahoma nonmetropolitan area is the highest paying city for petroleum engineers in state of Oklahoma, followed by Southeastern Oklahoma nonmetropolitan area (median annual salary $136,620). In comparison, the median annual salary of petroleum engineers in Southwestern Oklahoma nonmetropolitan area is 14.7 percent (14.7%) higher than that in Southeastern Oklahoma nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southwestern Oklahoma nonmetropolitan area | |
| Southeastern Oklahoma nonmetropolitan area | |
| Oklahoma City | |
| Northeastern Oklahoma nonmetropolitan area | |
| Fort Smith | |
| Tulsa | |
| Northwestern Oklahoma nonmetropolitan area |