The annual salary statistics of petroleum engineers in Laredo, Texas is shown in Table 1. The wage data of petroleum engineers 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 | $98,020 |
| 25th Percentile Wage | $115,070 |
| 50th Percentile Wage | $133,880 |
| 75th Percentile Wage | $161,180 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for petroleum engineers in Laredo, Texas in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $161,180. The median (50th percentile) annual salary is $133,880. The average annual salary for the bottom 10 percent earners is $98,020.
From Table 3 we note that the median annual salary of $133,880 in Laredo is in the middle of salary range for petroleum engineers in state of Texas. In comparison, the annual salary of petroleum engineers in Laredo is 19.0 percent (19.0%) lower than that in the highest paying Dallas-Plano-Irving and 39.2 percent (39.2%) higher than that in the lowest paying College Station-Bryan.