Last updated: 2025 BLS data · Page refreshed:
How much does a Petroleum Engineers actually take home in Alaska?
No state income tax — 25.5% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Petroleum Engineers earning $206,290 in Alaska (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $206,290 | — |
| Federal Income Tax | -$39,048 | 18.9% |
| Alaska State Income Tax | -$0 | 0.0% |
| Social Security (OASDI) | -$10,453 | 5.1% |
| Medicare | -$3,047 | 1.5% |
| Total Taxes | -$52,549 | 25.5% |
| Take-Home Pay | $153,740 | 74.5% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Petroleum Engineers in Alaska.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $129,150 | -$30,414 | $98,735 | 23.5% |
| 25th Percentile (P25) | $174,050 | -$44,287 | $129,762 | 25.4% |
| Median (P50) | $206,290 | -$52,549 | $153,740 | 25.5% |
| 75th Percentile (P75) | $219,480 | -$57,059 | $162,420 | 26.0% |
| 90th Percentile (P90) | $277,360 | -$77,511 | $199,848 | 27.9% |
Alaska has no state income tax, which means a Petroleum Engineers keeps $153,740 of their $206,290 salary — 74.5% of gross pay. Only federal income tax and FICA reduce the paycheck, making Alaska one of the most tax-friendly states for this occupation.
With an effective total rate of 25.5%, a Petroleum Engineers in Alaska keeps $153,741 of $206,290 gross — roughly typical for U.S. middle-income earners once federal, FICA and state taxes are combined.
Alaska is one of the few states with zero state income tax for wage earners. For a Petroleum Engineers, that means the only deductions are federal income tax and FICA — no additional state withholding. This typically adds several thousand dollars per year compared to comparable states with income tax.
Federal income tax ($39,048) accounts for 74% of the total tax bill — the single largest deduction. FICA adds $13,501 (26%), and state tax the remaining $0 (0%).
For Petroleum Engineers after-tax pay, Alaska ranks #1 of 16 states — top quartile. High gross wages or low state-tax burden (or both) drive the strong ranking.
Translated into paycheck cadences, $153,741 net/year works out to $12,812/month or $5,913/bi-weekly for this Petroleum Engineers in Alaska — the numbers that actually hit a checking account after every deduction.
Where does a Petroleum Engineers keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Alaska ranks #1 out of 16 states for Petroleum Engineers after-tax take-home pay.
A Petroleum Engineers in Alaska earning a median salary of $206,290 will take home approximately $153,740 per year after federal income tax ($39,048), state income tax ($0), and FICA ($13,501). That is $12,811 per month or $5,913 per bi-weekly paycheck.
The effective total tax rate for a Petroleum Engineers in Alaska is 25.5%, broken down as: federal income tax 18.9%, Alaska state tax 0.0%, and FICA (Social Security + Medicare) 6.5%. This assumes a single filer with the standard deduction for 2024.
No, Alaska does not levy a state income tax on wages. This means a Petroleum Engineers in Alaska only pays federal income tax and FICA taxes, resulting in a lower overall tax burden compared to most other states. The total effective rate is 25.5%.
After all taxes, a Petroleum Engineers in Alaska takes home approximately $12,811 per month, or about $73.91 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.
We start with the 2025 BLS median salary of $206,290 for Petroleum Engineers in Alaska, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Alaska state income tax (no state income tax), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $153,740/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
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This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.
Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR