Engineering Newark, NJ
Pop. 311,549
Petroleum Engineer Salary in Newark, New Jersey
The median petroleum engineer salary in Newark, NJ is $147,616 per year, which is 12.0% above the national median and 2.6% below the New Jersey state average.
City Median
$147,616
vs State Avg
$-3,954
vs National
+$15,816
Cost of Living
112%
Petroleum Engineer Salary in Newark by Experience
In Newark, an entry-level petroleum engineer earns around $94,080, while experienced professionals earn up to $218,400 per year. The local cost of living index is 112% of the national average.
Entry Level (0-2 yrs)
$94,080
+$10,080 vs national
Mid Level (3-7 yrs)
$150,080
+$16,080 vs national
Senior Level (8+ yrs)
$218,400
+$23,400 vs national
Salary Percentiles in Newark, NJ
| Percentile | Newark |
|---|---|
| 10th Percentile | $89,600 |
| 25th Percentile | $114,240 |
| Median (50th) | $147,616 |
| 75th Percentile | $188,160 |
| 90th Percentile | $226,240 |
Petroleum Engineer Salary in Other New Jersey Cities
How to Become a Petroleum Engineer in Newark
Education
Most petroleum engineer positions require a bachelor's degree. Newark and the surrounding New Jersey area have institutions offering relevant programs.
Key Skills
Reservoir EngineeringDrillingGeologySimulation SoftwareProject ManagementData Analysis
Job Outlook
Nationally, petroleum engineer employment is projected to grow 8% over the next decade (faster than average). Demand in Newark may vary based on local industry and population growth.