DegreeCalc

Petroleum Engineering Degree in Gresham, OR — Salary & ROI 2026

Petroleum Engineering degree analysis for Gresham, OR. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$55K

COL-adjusted

Mid-Career

$154K

COL-adjusted

ROI Payback

6.3 yrs

in Gresham

Cost of Living

110.2

index (100 = avg)

Petroleum Engineering in Gresham, OR Overview

While Gresham has a smaller college scene with 5 institutions, Petroleum Engineering students benefit from the close-knit academic community. Room and board averages $13,788/year, and the car-friendly layout shapes the student experience. Although national enrollment in Petroleum Engineering has been declining, graduates with skills in Reservoir Engineering and Drilling remain competitive in the job market. The adjusted starting salary in Gresham is approximately $55,100, growing to $154,280 by mid-career.

Category

Engineering

Local Colleges

5

Public Tuition

$12,400/yr

Private Tuition

$38,000/yr

Room & Board

$13,788/yr

Avg Fin. Aid

$11,238/yr

Unemployment

3.9%

Graduation Rate

75%

Petroleum Engineering Salary in Gresham (COL-Adjusted)

Salaries adjusted for Gresham's cost of living index of 110.2 (national average = 100).

Entry Level (0-2 yrs)
$55,100(+$5,100 vs national)
Mid Career (5-9 yrs)
$154,280(+$14,280 vs national)
Senior Level (15+ yrs)
$192,850(+$17,850 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Gresham adjustment factor: 1.10x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Gresham

Estimate your return on investment for a Petroleum Engineering degree using local Gresham tuition and cost of living data.

Public avg: $12,400 | Private avg: $38,000

Gresham avg aid: $11,238/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$104,752

tuition + room & board - aid

Annual Earnings Premium

$16,530

vs HS diploma in Gresham

ROI Payback Period

6.3 years

to break even

Lifetime Return in Gresham

$1,327,848

Lifetime earnings premium ($1,432,600) minus total education cost ($104,752)

Student Loan Payoff for Petroleum Engineering in Gresham

Standard Plan (10 years)

Loan Amount$104,752
Monthly Payment$1,189
Total Interest$37,981
% of Monthly Income26%

Aggressive Plan (5 years)

Loan Amount$104,752
Monthly Payment$2,050
Total Interest$18,224
Interest Savings$19,757

Colleges in Gresham for Petroleum Engineering

Gresham State University

public

$11,604/yr

$46,416 total

University of Gresham

public

$12,019/yr

$48,076 total

Community Colleges (2-Year Transfer)

Gresham Community College

$5,463/yr

Top Employers for Petroleum Engineering in Gresham

Gresham offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:

ExxonMobilChevronShellSchlumbergerHalliburton

Key Gresham Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Petroleum Engineering Job Titles

Petroleum EngineerReservoir EngineerDrilling Engineer

Petroleum Engineering Degree in Gresham — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Petroleum Engineering ROI in other cities, or explore other majors in Gresham.

Frequently Asked Questions

Related Calculators