The salary statistics of petroleum engineers in the industry sector of educational services are shown in Table 1. In Table 2 we compare petroleum engineer salaries in different industries within the educational services sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $45,320 |
| 25th Percentile Wage | $52,770 |
| 50th Percentile Wage | $59,970 |
| 75th Percentile Wage | $73,350 |
| 90th Percentile Wage | $96,070 |
Table 1 shows the average annual salary for petroleum engineers in the industry sector of educational services. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) petroleum engineers is $96,070. The median annual salary (50th percentile) is $59,970. The average annual salary for the bottom 10 percent paid petroleum engineers is $45,320.
The table and chart below show the trend of the median salary of petroleum engineers in the industry sector of educational services from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $59,970 | 13.86% | 7.04% |
| 2017 | $51,660 | -7.92% | - |
| 2016 | $55,750 | -0.30% | - |
| 2015 | $55,920 | 0.30% | - |
| 2012 | $55,750 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].