The annual salary statistics of derrick operators, oil and gas in Laredo, Texas is shown in Table 1. The wage statistics of derrick operators, oil and gas in Laredo 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 | $32,000 |
| 25th Percentile Wage | $34,430 |
| 50th Percentile Wage | $38,550 |
| 75th Percentile Wage | $44,870 |
| 90th Percentile Wage | $50,070 |
Table 1 shows the average annual salary for derrick operators, oil and gas in Laredo, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $50,070. The median (50th percentile) annual salary is $38,550. The average annual salary for the bottom 10 percent earners is $32,000.
From Table 3 we note that the median annual salary of $38,550 in Laredo is in the middle of salary range for derrick operators, oil and gas in state of Texas. In comparison, the annual salary of derrick operators, oil and gas in Laredo is 36.9 percent (36.9%) lower than that in the highest paying Southern Texas nonmetropolitan area and 40.1 percent (40.1%) higher than that in the lowest paying Austin-Round Rock-San Marcos.