Petroleum Engineers Salary in Virginia After Taxes (2024)

How much does a Petroleum Engineers actually take home in Virginia?

Progressive (up to 5.8%) — 27.8% effective total tax rate

Data: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02

Gross Salary
$110,640
Median annual (2024)
-$30,750
Take-Home Pay
$79,889
After all taxes

Your Estimated Paycheck

Annual
$79,889
Monthly
$6,657
Bi-Weekly
$3,072
Hourly
$38.41

See cost-of-living adjusted salary →

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Where Your Salary Goes

Out of every dollar a Petroleum Engineers earns in Virginia, here is how it is split between taxes and take-home pay.

Federal Income Tax (14.6%)
Virginia State Tax (5.5%)
FICA (SS + Medicare) (7.6%)
Take-Home Pay (72.3%)

Complete Tax Breakdown

Detailed line-by-line tax calculation for a Petroleum Engineers earning $110,640 in Virginia (single filer, standard deduction).

Tax Component Annual Amount Effective Rate
Gross Salary (Median) $110,640
Federal Income Tax -$16,181 14.6%
Virginia State Income Tax -$6,104 5.5%
Social Security (OASDI) -$6,859 6.2%
Medicare -$1,604 1.4%
Total Taxes -$30,750 27.8%
Take-Home Pay $79,889 72.2%

After-Tax Pay by Experience Level

Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Petroleum Engineers in Virginia.

Percentile Gross Salary Total Taxes Take-Home Pay Tax Rate
10th Percentile (P10) $82,840 -$20,908 $61,931 25.2%
25th Percentile (P25) $92,980 -$24,498 $68,481 26.3%
Median (P50) $110,640 -$30,750 $79,889 27.8%
75th Percentile (P75) $145,600 -$43,735 $101,864 30.0%
90th Percentile (P90) $162,740 -$50,145 $112,594 30.8%
Key Insight

After federal income tax ($16,181), state tax ($6,104), and FICA ($8,463), a Petroleum Engineers in Virginia takes home $79,889 per year — or $6,657 per month. The effective tax rate of 27.8% is moderate compared to the national range.

Best States for Petroleum Engineers Take-Home Pay

Where does a Petroleum Engineers keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.

$146,268
31.1%
$119,270
29.8%
3. Florida
$115,399
24.8%
4. Texas
$111,510
24.6%
$108,988
32.1%
6. Arizona
$104,969
26.9%
7. Alaska
$102,563
23.9%
$99,726
23.6%
$98,827
27.8%
$98,490
25.0%

Virginia ranks #19 out of 26 states for Petroleum Engineers after-tax take-home pay.

Frequently Asked Questions

What is the take-home pay for a Petroleum Engineers in Virginia?

A Petroleum Engineers in Virginia earning a median salary of $110,640 will take home approximately $79,889 per year after federal income tax ($16,181), state income tax ($6,104), and FICA ($8,463). That is $6,657 per month or $3,072 per bi-weekly paycheck.

What is the effective tax rate for a Petroleum Engineers in Virginia?

The effective total tax rate for a Petroleum Engineers in Virginia is 27.8%, broken down as: federal income tax 14.6%, Virginia state tax 5.5%, and FICA (Social Security + Medicare) 7.6%. This assumes a single filer with the standard deduction for 2024.

How much state tax does a Petroleum Engineers pay in Virginia?

Virginia has a progressive (up to 5.8%). On a Petroleum Engineers's median salary of $110,640, the state income tax amounts to $6,104 per year, which is an effective state rate of 5.5%.

What is the monthly take-home pay for a Petroleum Engineers in Virginia?

After all taxes, a Petroleum Engineers in Virginia takes home approximately $6,657 per month, or about $38.41 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.

How is Petroleum Engineers take-home pay in Virginia calculated?

We start with the 2024 BLS median salary of $110,640 for Petroleum Engineers in Virginia, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Virginia state income tax (progressive (up to 5.8%)), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $79,889/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.

Related Salary Pages

Tax Calculation Assumptions

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

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