Develop methods to extract oil and gas from below the Earth's surface. Median salary in Elizabeth: $210K/year. Data from BLS, O*NET, and H-1B disclosures.
Figures represent annual base salary in Elizabeth, New Jersey. Reviewed by SalaryOptics Editorial · How we calculate this →
Analysis derived from the salary, COL, tax, and labor-market figures above — specific to this role and city.
Petroleum Engineers in Elizabeth earn approximately 45% higher than the US national median for this role — a $65,000 premium on annual base salary. This reflects Elizabeth's position as a higher-cost labor market where employers must match local wage norms.
New Jersey's 10.75% state income tax reduces take-home by roughly $22,575 per year at the median salary. A Petroleum Engineer relocating to a no-tax state like Texas, Florida, or Tennessee would retain that amount without changing gross pay.
Only 15% of Petroleum Engineer positions offer remote flexibility, meaning the Elizabeth salary above represents what local employers actually pay — not a remote-anywhere rate. Geographic constraints reinforce the local market, so the salary range above is more directly applicable than for remote-friendly roles.
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $220K by 2030.
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The median Petroleum Engineer salary in Elizabeth, NJ is $210,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Elizabeth–NJ metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Entry-level Petroleum Engineers in Elizabeth with 0–2 years of experience typically earn between $160,000 and $210,000 annually. Mid-career professionals with 3–7 years command $210,000 to $273,000, while senior-level practitioners with 8+ years of experience regularly earn $273,000 to $348,000 or more.
Elizabeth has a cost of living index of 145 compared to the US national average of 100. Elizabeth's cost of living is above the US average, so the salary figures above reflect local market rates. New Jersey has a 10.75% state income tax rate.
Bachelor's in Petroleum Engineering. 15% of these roles offer some remote flexibility.