The annual salary statistics of petroleum engineers in Austin-Round Rock-San Marcos, Texas is shown in Table 1. The wage data of petroleum engineers in Austin-Round Rock-San Marcos 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 | $88,130 |
| 25th Percentile Wage | $123,920 |
| 50th Percentile Wage | $144,450 |
| 75th Percentile Wage | $219,740 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for petroleum engineers in Austin-Round Rock-San Marcos, Texas in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $219,740. The median (50th percentile) annual salary is $144,450. The average annual salary for the bottom 10 percent earners is $88,130.
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 | $144,450 | -14.23% | 12.65% |
| 2021 | $165,000 | 24.92% | - |
| 2020 | $123,880 | 0.94% | - |
| 2019 | $122,720 | -6.31% | - |
| 2018 | $130,460 | 2.71% | - |
| 2016 | $126,930 | -1.06% | - |
| 2015 | $128,280 | -14.98% | - |
| 2014 | $147,490 | 8.57% | - |
| 2013 | $134,850 | 6.43% | - |
| 2012 | $126,180 | - | - |
From Table 3 we note that with a median annual salary of $144,450, Austin-Round Rock-San Marcos is the second highest paying city for petroleum engineers in state of Texas, following the highest paying city Dallas-Plano-Irving (median annual salary of $165,240). Compared with Dallas-Plano-Irving, the median annual salary of petroleum engineers in Austin-Round Rock-San Marcos is 12.6 percent (12.6%) lower.