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Engineering · New Mexico

How to Become a Petroleum Engineers in New Mexico

Petroleum Engineers in New Mexico earn a median salary of $118,010/year, which is 16% below the national average. New Mexico has a state income tax of ~4.1%. After taxes and rent, a petroleum engineers takes home approximately $5,806/month. Most positions require Bachelor's degree.

$118K
Median salary in New Mexico
-16%
vs. national average
4.1%
State income tax
390
Employed in New Mexico

What a petroleum engineers can afford in New Mexico

Gross annual salary$118,010
Est. monthly take-home (after fed + 4.1% state tax)$7,218/mo
Median 2BR rent (New Mexico)-$1,412/mo
Rent as % of take-home19.6% (within guideline)
Cost-of-living adjusted salary$118,010/yr (RPP: 100)
Monthly remaining after rent$5,806/mo

Becoming a petroleum engineers in New Mexico

1

Meet education requirements

Petroleum Engineers positions in New Mexico typically require Bachelor's degree. Programs are available at colleges and training institutions across New Mexico. Research accredited programs in your area.

2

Gain required experience

Many petroleum engineers positions in New Mexico require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain New Mexico licensure or certification

New Mexico may require specific licensing or professional certification for petroleum engineerss. Requirements vary by state — contact the New Mexico Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in New Mexico

New Mexico employs 390 petroleum engineers. The highest concentrations are in Farmington.

Petroleum Engineers salary by metro area in New Mexico

Metro areaMedianHourlyEmployment
Farmington$102K$48.92/hr60

Petroleum Engineers salary range in New Mexico

10th percentile (entry)
$74K
25th percentile
$91K
Median (50th)
$118K
75th percentile
$140K
90th percentile (senior)
$189K
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Frequently asked questions

How much does a petroleum engineers make in New Mexico?

The median petroleum engineers salary in New Mexico is $118,010 per year ($56.74/hr). This is 16% below the national median of $141,280. Salaries range from $73,580 to $188,970.

What are the requirements to become a petroleum engineers in New Mexico?

Petroleum Engineers positions in New Mexico typically require Bachelor's degree. New Mexico may have specific licensing or certification requirements. Check with the New Mexico licensing board or department of labor for current requirements.

Can a petroleum engineers afford to live in New Mexico?

At the median salary of $118,010, a petroleum engineers in New Mexico would take home approximately $7,218/month after taxes. With median 2-bedroom rent at $1,412/month, that's 19.6% of take-home pay going to housing. This is within the recommended 30% guideline.

What are the best cities for petroleum engineers in New Mexico?

The highest paying metro areas for petroleum engineers in New Mexico are Farmington ($101,760). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.

Does New Mexico have state income tax for petroleum engineers?

Yes, New Mexico has a state income tax rate of approximately 4.1%. On a $118,010 salary, this means roughly $4,788/year in state income tax. Use our take-home pay calculator for a detailed breakdown.