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Average Petroleum Engineers Salary in Salt Lake City-Murray, UT

The average salary for a Petroleum Engineers in Salt Lake City-Murray, UT is $154,220. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Salt Lake City-Murray, UT is a key hub for this profession, with a job concentration 1.46x higher than average.

Executive Summary

  • Average Salary: $154,220 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $205,720.
  • Outlook: The current demand for Petroleum Engineerss is stable, with a local workforce of approximately 150 professionals. This role remains a specialized component of the broader Salt Lake City-Murray, UT economy.
2024 Market Data

Salary Overview

$154,220

The average Petroleum Engineers in Salt Lake City-Murray, UT earns-0.1%below the national average.

BreakdownBased on 40h/week
Hourly

$74.1

Weekly

$2,966

Monthly

$12,852

Petroleum Engineers Salary Distribution in Salt Lake City-Murray, UT

The earning potential for Petroleum Engineerss in Salt Lake City-Murray, UT 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 $103,400, while highly experienced professionals can command wages upwards of $205,720.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$103,400$49.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$115,665$55.6
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$174,410$83.9
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$192,775$92.7
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$205,720$98.9

Detailed Petroleum Engineers Market Analysis

Relocation Context

Nominal Salary

$154,220

Gross Pay

Real Wage (Purchasing Power)

$154,220

Adjusted for COL (100)

In Salt Lake City-Murray, UT, the Cost of Living Index is 100. This increases your effective purchasing power from $154,220 to $154,220.

Job Market Context

150

Total Jobs

0.18

Per 1K Jobs

1.46

Location Quotient

Above Average

With a location quotient of 1.46, Salt Lake City-Murray, UT has a slightly higher-than-average concentration of Petroleum Engineers roles compared to the national norm.

150 people work as Petroleum Engineers in Salt Lake City-Murray, UT.

Only 0.18 out of every 1,000 local jobs are Petroleum Engineers roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Petroleum Engineers

Comparing salaries near Salt Lake City-Murray, UT

Hiring Petroleum Engineerss?

Frequently Asked Questions

How much does a Petroleum Engineers make in Salt Lake City-Murray, UT?

The median annual salary for a Petroleum Engineers in Salt Lake City-Murray, UT is $154,220. This typically ranges from $103,400 for entry-level positions to $205,720 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Salt Lake City-Murray, UT is 0.1% lower than the national median of $154,300.

Is Salt Lake City-Murray, UT a good place for Petroleum Engineerss?

Yes, Salt Lake City-Murray, UT is highly recommended due to strong job demand. While salaries are competitive ($154,220), the area is particularly notable for its high job density for Petroleum Engineerss. See distinct detailed breakdown below.

Is Salt Lake City-Murray, UT a good place to live for Petroleum Engineers?

The Cost of Living Index in Salt Lake City-Murray, UT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Salt Lake City-Murray, UT?

Some top paying nearby cities include Ogden, UT ($148,730) and High Desert Utah 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 150 employees in the Salt Lake City-Murray, UT area with a job density of 0.18 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.