Earning a degree in geology allows you to study the composition, processes, and history of the Earth, preparing you for a wide number of jobs within this field. But as a geoscientist, just how much money can you expect to make? Additionally, is there even a good outlook for geologists? These are valid questions to ask if you want to ensure you’re entering a field where you can provide well for your family. The field is loaded with incredibly passionate individuals, so it’s very important to know how to distinguish yourself before pursuing a job in Geology. Here’s what you need to know about working as a geologist:
As of 2008, there were about 33,600 geoscience jobs in the United States, and since then, this field has grown even larger. Geologists work in a number of roles, include as engineers, particularly in the oil/gas extraction industry, and as researchers in this field. You can specialize in fields such as mineralogy, sedimentology, paleontology, stratigraphy, glacial geology, and geochemistry. Each has their own benefits and drawbacks in terms of jobs, so understanding the current state industries can be very beneficial. For example, specializing in geochemistry could open up lucrative jobs with oil companies to help with extraction methods from shale. Additionally, understanding mineralogy can lead to jobs in hydraulic fracturing, a growing practice.
Geologist Job Outlook
Because so many companies are investing in clean energy, workers in scientific fields are in high demand, so an education as a geologist makes sense! This field is growing faster than average, according to reports by the United States Bureau of Labor Statistics, with an expected growth of 18 percent between 2008 and 2018. In this field, most of the job openings will be for workers with master’s degrees, rather than bachelor’s degree or even graduates from PhD programs. Additionally, with fossil fuels rapidly running out, geologists are quickly being hired to utilize what resources are left and to help make extraction and usage more efficient.
The geoscience field can be extremely lucrative, with an average annual salary of $93,380 as of 2010. So, as you can imagine, a six-figure salary in this field is a definite potential. As if the case with most fields, you can earn more working in some locations than in others. As you can see, the top-paying jobs for geologists are located in some areas of America that are the most dense with oil reserves. Look through this list and see if there are any places that are appealing to more to:
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Don’t want to live in a city? Some non-metropolitan areas with high-paying jobs for geologists include rural areas in Northwestern Texas, Southwest Mississippi, the North Coast of California, Southwestern Alaska, and rural Nevada. Keep in mind that the most lucrative jobs combine a high-paying position with a low cost of living, so one of the more rural areas might make more sense for your family, or at least your wallet. Of course, while there may be slight differences if you want to work elsewhere, there are exceptions, of course. Additionally, living in an area you want to live in can be worth tens of thousands of dollars to people, so it might be a better decision to seek out somewhere you would want to work and prove to them you deserve a competitive salary. Large cities are often where these energy companies are based, so you can secure a great advisory position if you would prefer to stay out of the field.