SOC 17-2171 · Chicago-Naperville, IL · BLS OEWS May 2024
The median salary for Petroleum Engineers in Chicago-Naperville is $155,401 per year ($74.71/hr). This is 10% higher than the national median of $141,274. The middle 50% earn between $118,061 and $210,199 annually. Top earners at the 90th percentile reach $251,680.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $41.69 | $86,715 | +10.0% |
| P25 | $56.76 | $118,061 | +10.0% |
| P50MEDIAN | $74.71 | $155,401 | +10.0% |
| P75 | $101.06 | $210,199 | +10.0% |
| P90 | $121.00 | $251,680 | +10.0% |
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 Chicago-Naperville is approximately $155,401, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 10% higher than the national median of $141,274.
Entry-level Petroleum Engineers (10th percentile) in Chicago-Naperville earn approximately $86,715 per year. The 25th percentile is $118,061. Top earners (90th percentile) reach $251,680.
Chicago-Naperville pays 10% higher than the national average. The national P50 is $141,274 vs $155,401 in Chicago-Naperville. Based on BLS national data adjusted for regional cost factors.
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