How much does a Petroleum Engineers actually take home in Oregon?
Progressive (up to 9.9%) — 31.7% effective total tax rateData: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02
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Detailed line-by-line tax calculation for a Petroleum Engineers earning $124,170 in Oregon (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $124,170 | — |
| Federal Income Tax | -$19,339 | 15.6% |
| Oregon State Income Tax | -$10,579 | 8.5% |
| Social Security (OASDI) | -$7,698 | 6.2% |
| Medicare | -$1,800 | 1.5% |
| Total Taxes | -$39,418 | 31.7% |
| Take-Home Pay | $84,751 | 68.3% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Petroleum Engineers in Oregon.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $112,790 | -$34,867 | $77,922 | 30.9% |
| 25th Percentile (P25) | $113,440 | -$35,116 | $78,323 | 31.0% |
| Median (P50) | $124,170 | -$39,418 | $84,751 | 31.7% |
| 75th Percentile (P75) | $124,340 | -$39,486 | $84,853 | 31.8% |
| 90th Percentile (P90) | $153,290 | -$51,507 | $101,782 | 33.6% |
A Petroleum Engineers in Oregon faces a combined 31.7% effective tax rate, taking home $84,751 out of $124,170. The progressive (up to 9.9%) adds $10,579 on top of federal and FICA taxes. In a no-income-tax state, this salary would yield approximately $95,331 — a difference of $10,579/year.
Where does a Petroleum Engineers keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Oregon ranks #16 out of 26 states for Petroleum Engineers after-tax take-home pay.
A Petroleum Engineers in Oregon earning a median salary of $124,170 will take home approximately $84,751 per year after federal income tax ($19,339), state income tax ($10,579), and FICA ($9,499). That is $7,062 per month or $3,259 per bi-weekly paycheck.
The effective total tax rate for a Petroleum Engineers in Oregon is 31.7%, broken down as: federal income tax 15.6%, Oregon state tax 8.5%, and FICA (Social Security + Medicare) 7.7%. This assumes a single filer with the standard deduction for 2024.
Oregon has a progressive (up to 9.9%). On a Petroleum Engineers's median salary of $124,170, the state income tax amounts to $10,579 per year, which is an effective state rate of 8.5%.
After all taxes, a Petroleum Engineers in Oregon takes home approximately $7,062 per month, or about $40.75 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 2024 BLS median salary of $124,170 for Petroleum Engineers in Oregon, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Oregon state income tax (progressive (up to 9.9%)), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $84,751/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
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