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 Pay in Newark: What to Expect (2026)

Newark offers a median petroleum engineer salary of $147,616, which is $3,954 below the New Jersey state average of $151,570. Compared to the national median of $131,800, Newark pays above average for this role.

However, Newark's cost of living index is 112%, significantly above the national average. After adjusting for local costs, the $147,616 salary has an effective purchasing power of approximately $131,800. Housing, transportation, and food costs in Newark should be factored into any relocation or job-change decision.

The salary range for petroleum engineers in Newark spans from $89,600 at the 10th percentile to $226,240 at the 90th percentile — a $136,640 spread. Entry-level professionals start around $94,080, while senior petroleum engineers with 8+ years of experience can earn up to $218,400. With a population of 311,549, Newark is a mid-sized metro with a growing job market.

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.

Find Petroleum Engineer Jobs in Newark

Browse open petroleum engineer positions in Newark, NJ:

Frequently Asked Questions: Petroleum Engineer Salary in Newark

How much does a Petroleum Engineer make in Newark, NJ? ▼
The median petroleum engineer salary in Newark, New Jersey is $147,616 per year, which is 12.0% above the national median of $131,800. Salaries range from $89,600 (10th percentile) to $226,240 (90th percentile).
How much does a Petroleum Engineer make per hour in Newark? ▼
Based on the median annual salary of $147,616, a petroleum engineer in Newark earns approximately $71 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the New Jersey state average for petroleum engineer pay? ▼
Newark's median petroleum engineer salary of $147,616 is 2.6% below the New Jersey state average of $151,570. The local cost of living index is 112% of the national average.
What is the cost of living in Newark, NJ? ▼
Newark has a cost of living index of 112% compared to the national average. This means a petroleum engineer salary of $147,616 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a petroleum engineer in Newark? ▼
Most petroleum engineer positions in Newark require a bachelor's degree. Key skills include Reservoir Engineering, Drilling, Geology, Simulation Software. The job market is projected to grow 8% nationally over the next decade.