Petroleum Engineer Salary in Fort Worth, TX
How much does a petroleum engineer make in Fort Worth? Explore median, entry-level, and senior salaries adjusted for Fort Worth's cost of living.
Salary Breakdown by Experience Level
See how petroleum engineer salaries break down across different pay periods in Fort Worth.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $94,143 | $154,490 | $211,217 |
| Monthly | $7,845 | $12,874 | $17,601 |
| Biweekly | $3,621 | $5,942 | $8,124 |
| Weekly | $1,810 | $2,971 | $4,062 |
| Hourly | $45 | $74 | $102 |
Fort Worth vs National Average
How Fort Worth's petroleum engineer salaries compare to national figures.
Cost of Living in Fort Worth
About Petroleum Engineer
Overview
Design and develop oil and gas extraction and processing systems.
Education
Bachelor's degree in Petroleum Engineering; PE license recommended
Key Skills
Growth Rate
Expected job growth: +15% over the next decade
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Petroleum Engineer Salary in Fort Worth, TX — Complete Guide
Median Salary Overview
The median salary for a petroleum engineer in Fort Worth, TX is $154,490 per year, adjusted for the local cost of living index of 103. This figure reflects typical earnings for experienced professionals in this role, considering Fort Worth's unique economic conditions.
Salary Range and Experience Levels
Entry-level petroleum engineer professionals in Fort Worth can expect to earn around $94,143 annually. As professionals gain experience, salaries typically increase, with senior-level petroleum engineers earning approximately $211,217 per year. This represents a 124% increase from entry to senior level.
Cost of Living Adjustment
Fort Worth's cost of living index of 103 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Fort Worth are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $103,200, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a petroleum engineer's salary in Fort Worth typically goes toward housing. With a 1-bedroom apartment averaging $1,400 per month, housing represents about 10.9% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Petroleum Engineers are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Fort Worth, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.