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Average Petroleum Engineers Salary in Lubbock, TX

The average salary for a Petroleum Engineers in Lubbock, TX is $145,750. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Lubbock, TX is a key hub for this profession, with a job concentration 7.74x higher than average.

Executive Summary

  • Average Salary: $145,750 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $204,290.
  • Outlook: The current demand for Petroleum Engineerss is stable, with a local workforce of approximately 160 professionals. This role remains a specialized component of the broader Lubbock, TX economy.
2024 Market Data

Salary Overview

$145,750

The average Petroleum Engineers in Lubbock, TX earns-5.5%below the national average.

BreakdownBased on 40h/week
Hourly

$70.1

Weekly

$2,803

Monthly

$12,146

Petroleum Engineers Salary Distribution in Lubbock, TX

The earning potential for Petroleum Engineerss in Lubbock, TX varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $74,150, while highly experienced professionals can command wages upwards of $204,290.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$74,150$35.6
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$109,313$52.6
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$143,120$68.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$182,188$87.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$204,290$98.2

Detailed Petroleum Engineers Market Analysis

Relocation Context

Nominal Salary

$145,750

Gross Pay

Real Wage (Purchasing Power)

$145,750

Adjusted for COL (100)

In Lubbock, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $145,750 to $145,750.

Job Market Context

160

Total Jobs

0.952

Per 1K Jobs

7.74

Location Quotient

Major Hub

Lubbock, TX has 7.7x 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.

160 people work as Petroleum Engineers in Lubbock, TX.

Only 0.952 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 Lubbock, TX?

The median annual salary for a Petroleum Engineers in Lubbock, TX is $145,750. This typically ranges from $74,150 for entry-level positions to $204,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lubbock, TX is 5.5% lower than the national median of $154,300.

Is Lubbock, TX a good place for Petroleum Engineerss?

Yes, Lubbock, TX is highly recommended due to strong job demand. While salaries are competitive ($145,750), the area is particularly notable for its high job density for Petroleum Engineerss. See distinct detailed breakdown below.

Is Lubbock, TX a good place to live for Petroleum Engineers?

The Cost of Living Index in Lubbock, TX 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 160 employees in the Lubbock, TX area with a job density of 0.952 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Petroleum Engineers • Data source: BLS OEWS 2024 •Jobs in Lubbock, TX