Petroleum Engineering Degree in Medford, OR — Salary & ROI 2026
Petroleum Engineering degree analysis for Medford, OR. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$56K
COL-adjusted
Mid-Career
$155K
COL-adjusted
ROI Payback
6.1 yrs
in Medford
Cost of Living
111
index (100 = avg)
Petroleum Engineering in Medford, OR Overview
While Medford has a smaller college scene with 4 institutions, Petroleum Engineering students benefit from lower tuition costs. Room and board averages $14,881/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 Medford is approximately $55,500, growing to $155,400 by mid-career.
Category
Engineering
Local Colleges
4
Public Tuition
$10,326/yr
Private Tuition
$41,865/yr
Room & Board
$14,881/yr
Avg Fin. Aid
$14,464/yr
Unemployment
3.6%
Graduation Rate
67%
Petroleum Engineering Salary in Medford (COL-Adjusted)
Salaries adjusted for Medford's cost of living index of 111 (national average = 100).
Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Medford adjustment factor: 1.11x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Medford
Estimate your return on investment for a Petroleum Engineering degree using local Medford tuition and cost of living data.
Public avg: $10,326 | Private avg: $41,865
Medford avg aid: $14,464/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$100,828
tuition + room & board - aid
Annual Earnings Premium
$16,650
vs HS diploma in Medford
ROI Payback Period
6.1 years
to break even
Lifetime Return in Medford
$1,342,172
Lifetime earnings premium ($1,443,000) minus total education cost ($100,828)
Student Loan Payoff for Petroleum Engineering in Medford
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Medford for Petroleum Engineering
Southern Oregon University
public
$10,326/yr
$41,304 total
Community Colleges (2-Year Transfer)
Rogue Community College
$4,536/yr
Top Employers for Petroleum Engineering in Medford
Medford offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Medford Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby Oregon Cities
Portland, OR
$56K starting · COL 112
24 colleges
Eugene, OR
$65K starting · COL 130
14 colleges
Salem, OR
$60K starting · COL 120
14 colleges
Gresham, OR
$55K starting · COL 110.2
5 colleges
Hillsboro, OR
$58K starting · COL 115.5
5 colleges
Bend, OR
$54K starting · COL 107
2 colleges
Beaverton, OR
$53K starting · COL 105.9
4 colleges
Springfield, OR
$60K starting · COL 120.3
3 colleges
Other Engineering Majors in Medford
Computer Engineering
$56K starting · 3 yr ROI
Chemical Engineering
$91K starting · 3.2 yr ROI
Nuclear Engineering
$56K starting · 3.3 yr ROI
Electrical Engineering
$89K starting · 3.3 yr ROI
Aerospace Engineering
$89K starting · 3.5 yr ROI
Mechanical Engineering
$87K starting · 3.5 yr ROI
Mining Engineering
$56K starting · 3 yr ROI
Materials Science & Engineering
$56K starting · 3.8 yr ROI
Petroleum Engineering Degree in Medford — 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 Medford.