Average Derrick Operators, Oil and Gas Salary in Dallas-Fort Worth-Arlington, TX
Derrick Operators in the Dallas-Fort Worth-Arlington, TX area command an impressive average annual salary of $68,650. This figure notably surpasses the national average of $62,490, indicating a premium for this role within the region. The localized demand and the specific needs of the oil and gas sector in Texas likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $68,650 per year.
- Growth Trend: Salaries have shifted 16.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $80,590.
- Outlook: The local job market for Derrick Operators in Dallas-Fort Worth-Arlington, TX appears robust, with a total workforce of 390 individuals. The Location Quotient of 1.36 suggests a higher concentration of these roles compared to the national average, signaling a healthy demand and a potentially stable job outlook for skilled professionals in this sector.
Salary Overview
The average Derrick Operators, Oil and Gas in Dallas-Fort Worth-Arlington, TX earns+9.9%above the national average.
$33
$1,320
$5,721
Derrick Operators, Oil and Gas Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Derrick Operators in the Dallas-Fort Worth-Arlington, TX area have experienced steady growth over the past four years, mirroring general trends in the oil and gas industry. Factors such as inflation, increased operational demands, and evolving industry standards typically drive upward salary adjustments.
Derrick Operators, Oil and Gas Salary Distribution in Dallas-Fort Worth-Arlington, TX
Salary progression for Derrick Operators typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in compensation clearly signify career progression and the value placed on accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $50,410 | $24.2 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $51,488 | $24.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $70,390 | $33.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $85,813 | $41.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $80,590 | $38.7 |
Detailed Derrick Operators, Oil and Gas Market Analysis
Relocation Context
Nominal Salary
$68,650
Gross Pay
Real Wage (Purchasing Power)
$68,650
Adjusted for COL (100)
The average annual salary of $68,650 in Dallas-Fort Worth-Arlington, TX aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Derrick Operator's salary in this metropolitan area is equivalent to the national standard, offering a stable financial footing without significant cost-of-living pressures.
Job Market Context
390
Total Jobs
0.097
Per 1K Jobs
1.36
Location Quotient
With a location quotient of 1.36, Dallas-Fort Worth-Arlington, TX has a slightly higher-than-average concentration of Derrick Operators, Oil and Gas roles compared to the national norm.
With a Location Quotient of 1.36, the Dallas-Fort Worth-Arlington, TX area exhibits a concentration of Derrick Operator positions that is 36% higher than the national average. This indicates a competitive yet potentially abundant job market, where employers may actively seek out qualified candidates, and opportunities for employment are more readily available than in many other regions.
Nearby Job Markets
Nearby Cities for Derrick Operators, Oil and Gas
| City | Salary | Dist. |
|---|---|---|
| Tyler, TX Derrick Operators, Oil and Gas Salary | $60,330↓ 12% | 92 mi |
Comparing salaries near Dallas-Fort Worth-Arlington, TX
Hiring Derrick Operators, Oil and Gass?
Frequently Asked Questions
How much does a Derrick Operators, Oil and Gas make in Dallas-Fort Worth-Arlington, TX?
The median annual salary for a Derrick Operators, Oil and Gas in Dallas-Fort Worth-Arlington, TX is $68,650. This typically ranges from $50,410 for entry-level positions to $80,590 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dallas-Fort Worth-Arlington, TX is 9.9% higher than the national median of $62,490.
Is Dallas-Fort Worth-Arlington, TX a lucrative place for Derrick Operators, Oil and Gas?
Yes, it is a lucrative location for Derrick Operators.The average salary of $68,650 significantly exceeds the national average, and the cost of living is on par with the national average, enhancing purchasing power.
Is Dallas-Fort Worth-Arlington, TX a good place to live for Derrick Operators, Oil and Gas?
The Cost of Living Index in Dallas-Fort Worth-Arlington, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dallas-Fort Worth-Arlington, TX?
Some top paying nearby cities include Tyler, TX ($60,330) and others.
How does the local workforce size impact job opportunities?
A local workforce of 390 indicates a substantial presence of Derrick Operators, suggesting a consistent demand for these roles within the Dallas-Fort Worth-Arlington, TX area.
What does a Location Quotient of 1.36 mean for Derrick Operators?
A Location Quotient of 1.36 signifies that Derrick Operators are more concentrated in Dallas-Fort Worth-Arlington, TX than the national average, implying a stronger local industry presence and potentially more job openings.
How does the Cost of Living Index affect the salary?
With a Cost of Living Index of 100, the national average, the $68,650 salary offers a purchasing power equivalent to the national median, making it a stable financial proposition.
Are there significant salary differences based on experience for Derrick Operators in this area?
Yes, experience is a key driver of salary. Entry-level operators will earn less, while senior operators with specialized skills and a proven track record can expect compensation significantly above the $68,650 average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Dallas-Fort Worth-Arlington, TX area with a job density of 0.097 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Derrick Operators, Oil and Gas • Data source: BLS OEWS 2024 •Jobs in Dallas-Fort Worth-Arlington, TX