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Average Petroleum Engineers Salary in Casper, WY

The average salary for a Petroleum Engineers in Casper, WY is $152,830. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Casper, WY is a key hub for this profession, with a job concentration 12.36x higher than average.

Executive Summary

  • Average Salary: $152,830 per year.
  • Growth Trend: Salaries have shifted 19.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $232,650.
  • Outlook: The current demand for Petroleum Engineerss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Casper, WY economy.
2024 Market Data

Salary Overview

$152,830

The average Petroleum Engineers in Casper, WY earns-1.0%below the national average.

BreakdownBased on 40h/week
Hourly

$73.5

Weekly

$2,939

Monthly

$12,736

Petroleum Engineers Salary Distribution in Casper, WY

The earning potential for Petroleum Engineerss in Casper, WY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $100,110, while highly experienced professionals can command wages upwards of $232,650.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$100,110$48.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$114,623$55.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$141,000$67.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$191,038$91.8
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$232,650$111.9

Detailed Petroleum Engineers Market Analysis

Relocation Context

Nominal Salary

$152,830

Gross Pay

Real Wage (Purchasing Power)

$152,830

Adjusted for COL (100)

In Casper, WY, the Cost of Living Index is 100. This increases your effective purchasing power from $152,830 to $152,830.

Job Market Context

60

Total Jobs

1.52

Per 1K Jobs

12.36

Location Quotient

Major Hub

Casper, WY has 12.4x 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.

60 people work as Petroleum Engineers in Casper, WY.

1.52 out of every 1,000 local jobs are Petroleum Engineers positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Petroleum Engineers

Comparing salaries near Casper, WY

Hiring Petroleum Engineerss?

Frequently Asked Questions

How much does a Petroleum Engineers make in Casper, WY?

The median annual salary for a Petroleum Engineers in Casper, WY is $152,830. This typically ranges from $100,110 for entry-level positions to $232,650 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Casper, WY is 1.0% lower than the national median of $154,300.

Is Casper, WY a good place for Petroleum Engineerss?

Yes, Casper, WY is highly recommended due to strong job demand. While salaries are competitive ($152,830), the area is particularly notable for its high job density for Petroleum Engineerss. See distinct detailed breakdown below.

Is Casper, WY a good place to live for Petroleum Engineers?

The Cost of Living Index in Casper, WY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Casper, WY?

Some top paying nearby cities include Western Wyoming nonmetropolitan area ($159,490) and Eastern Wyoming nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Casper, WY area with a job density of 1.52 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.