Derrick Operators, Oil and Gas Salary in Iowa
SOC 47-5011 · Iowa · BLS OEWS May 2024
The median salary for Derrick Operators, Oil and Gas in Iowa is $54,578 per year ($26.24/hr). This is 13% lower than the national median of $62,733. The middle 50% earn between $43,014 and $63,354 annually. Top earners at the 90th percentile reach $73,615.
Wage Percentiles: Iowa
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $17.96 | $37,350 | -13.0% |
| P25 | $20.68 | $43,014 | -13.0% |
| P50MEDIAN | $26.24 | $54,578 | -13.0% |
| P75 | $30.46 | $63,354 | -13.0% |
| P90 | $35.39 | $73,615 | -13.0% |
Market Context Signal
Manufacturing openings fell 71K, the first decline in three months. Quit rates continue to fall. The market is clearly easing with less urgency to stretch offers.
Frequently Asked Questions
What is the median derrick operators, oil and gas salary in Iowa?
The median (P50) annual salary for Derrick Operators, Oil and Gas in Iowa is approximately $54,578, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 13% lower than the national median of $62,733.
What is the salary range for entry-level derrick operators, oil and gas in Iowa?
Entry-level Derrick Operators, Oil and Gas (10th percentile) in Iowa earn approximately $37,350 per year. The 25th percentile is $43,014. Top earners (90th percentile) reach $73,615.
How does Iowa compare to the national average for derrick operators, oil and gas?
Iowa pays 13% lower than the national average. The national P50 is $62,733 vs $54,578 in Iowa. Based on BLS national data adjusted for regional cost factors.
Derrick Operators, Oil and Gas Salary by Location
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