SOC 17-2171 · Boston-Cambridge, MA · BLS OEWS May 2024
The median salary for Petroleum Engineers in Boston-Cambridge is $176,592 per year ($84.90/hr). This is 25% higher than the national median of $141,274. The middle 50% earn between $134,160 and $238,862 annually. Top earners at the 90th percentile reach $286,000.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $47.38 | $98,540 | +25.0% |
| P25 | $64.50 | $134,160 | +25.0% |
| P50MEDIAN | $84.90 | $176,592 | +25.0% |
| P75 | $114.84 | $238,862 | +25.0% |
| P90 | $137.50 | $286,000 | +25.0% |
Professional & Business Services was the only sector with openings growth (+64K) in February. Quit rates eased to 2.6%. Active hiring continues for specialized roles, particularly at senior levels.
The median (P50) annual salary for Petroleum Engineers in Boston-Cambridge is approximately $176,592, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 25% higher than the national median of $141,274.
Entry-level Petroleum Engineers (10th percentile) in Boston-Cambridge earn approximately $98,540 per year. The 25th percentile is $134,160. Top earners (90th percentile) reach $286,000.
Boston-Cambridge pays 25% higher than the national average. The national P50 is $141,274 vs $176,592 in Boston-Cambridge. Based on BLS national data adjusted for regional cost factors.
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