Average Petroleum Engineers Salary in Alaska nonmetropolitan area
Yes, Alaska nonmetropolitan area is a highly lucrative market for Petroleum Engineerss. With an average annual salary of $181,690, professionals here earn significantly more than the national norm. Notably, Alaska nonmetropolitan area is a key hub for this profession, with a job concentration 6.29x higher than average.
Executive Summary
- Average Salary: $181,690 per year.
- Growth Trend: Salaries have shifted 21.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $272,535.
- Outlook: The current demand for Petroleum Engineerss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Alaska nonmetropolitan area economy.
Salary Overview
The average Petroleum Engineers in Alaska nonmetropolitan area earns+17.8%above the national average.
$87.4
$3,494
$15,141
Petroleum Engineers Salary Trends (2020-2024)
Over the past 4 years, Petroleum Engineers salaries in Alaska nonmetropolitan area have experienced a rapid surge, growing by 21.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Petroleum Engineers Salary Distribution in Alaska nonmetropolitan area
The earning potential for Petroleum Engineerss in Alaska nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $107,970, while highly experienced professionals can command wages upwards of $272,535.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $107,970 | $51.9 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $136,268 | $65.5 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $174,440 | $83.9 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $227,113 | $109.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $272,535 | $131 |
Detailed Petroleum Engineers Market Analysis
Relocation Context
Nominal Salary
$181,690
Gross Pay
Real Wage (Purchasing Power)
$181,690
Adjusted for COL (100)
In Alaska nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $181,690 to $181,690.
Job Market Context
80
Total Jobs
0.774
Per 1K Jobs
6.29
Location Quotient
Alaska nonmetropolitan area has 6.3x the national concentration of Petroleum Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
80 people work as Petroleum Engineers in Alaska nonmetropolitan area.
Only 0.774 out of every 1,000 local jobs are Petroleum Engineers roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Petroleum Engineerss?
Frequently Asked Questions
How much does a Petroleum Engineers make in Alaska nonmetropolitan area?
The median annual salary for a Petroleum Engineers in Alaska nonmetropolitan area is $181,690. This typically ranges from $107,970 for entry-level positions to $272,535 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Alaska nonmetropolitan area is 17.8% higher than the national median of $154,300.
Is Alaska nonmetropolitan area a good place for Petroleum Engineerss?
Yes, Alaska nonmetropolitan area is an excellent location for Petroleum Engineerss. It offers both higher-than-average salaries ($181,690) and a high concentration of job opportunities. See distinct detailed breakdown below.
Is Alaska nonmetropolitan area a good place to live for Petroleum Engineers?
The Cost of Living Index in Alaska nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Alaska nonmetropolitan area area with a job density of 0.774 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Petroleum Engineers • Data source: BLS OEWS 2024 •Jobs in Alaska nonmetropolitan area