Applied Mathematics graduates earn an average annual wage of $145,455, making it one of the higher-paying degree fields. With 85,320 professionals in the field earning competitive wages, this degree offers strong career prospects.

Key Statistics

11,002
Total Degrees Awarded (2023)
Not reported in dataset
$10,724
Median In-State Public Tuition
Not reported in dataset
$46,212
Median Out-of-State Private Tuition
Not reported in dataset
$145,455
Average Wage
Not reported in dataset
85,320
People in Workforce
Not reported in dataset
N/A
Average Employee Age
Not reported in dataset

Institutions

Information about the types of higher education institutions that grant degrees in Applied Mathematics and the types of students that study this field.

Tuition Costs for Common Institutions

$10,724 Median In-State Public

$46,212 Median Out of State Private

Tuition costs for Applied Mathematics majors are, on average, $10,724 for in-state public colleges, and $46,212 for out of state private colleges.

Tuition costs comparison for Applied Mathematics programs.

Degrees Awarded Over Time

11,002 Total Degrees Awarded in 2023

This chart shows the number of degrees awarded in Applied Mathematics from 2015 to 2023.

Historical trend of degrees awarded in Applied Mathematics.

Top 5 Schools by Enrollment

Schools with the largest enrollment offering Applied Mathematics programs.

Top 5 Most Affordable Tuition

Schools with the lowest tuition costs for Applied Mathematics programs.

Top 5 Most Affordable Net Price

# School State Net Price
1 Moorpark College CA $742
2 CUNY Brooklyn College NY $2,943
3 CUNY Bernard M Baruch College NY $2,978
4 CUNY City College NY $3,486
5 Berea College KY $4,483

Schools with the lowest net price (after financial aid) for Applied Mathematics programs.

Graduation Rates

64.19% Median Graduation Rate (150% of normal time)

63.81% Average Graduation Rate

118 Institutions Reporting

50.91% - 77.58% Interquartile Range

Graduation/completion rates for Applied Mathematics programs across institutions.

Employment

Information on the businesses and industries that employ Applied Mathematics graduates and on wages and locations for those in the field.

Yearly Income for Common Jobs

$145,455 Average Wage in Workforce

The average salary for Applied Mathematics majors is $145,455.

Average annual salaries of the most common occupations for Applied Mathematics majors.

Occupations by Share

85,320 2023 Workforce

The number of Applied Mathematics graduates in the workforce has been growing.

Various jobs filled by those with a major in Applied Mathematics by share of the total number of graduates.

Return on Investment & Value

Financial analysis of Applied Mathematics degree including debt, earnings, and return on investment metrics.

Financial Value Analysis

ROI data is not available for this degree program.

Financial value comparison for Applied Mathematics degree.

Diversity

Demographic information for those who earn a degree in Applied Mathematics in the United States.

Workforce Age

N/A Average Age in 2023

This chart shows distribution of ages for employees with a degree in Applied Mathematics.

Age distribution for Applied Mathematics degree holders in the workforce.

Gender Distribution

Gender distribution data is not available for this degree program.

Gender distribution of Applied Mathematics degree recipients.

Race and Ethnicity Distribution

Race and ethnicity distribution data is not available for this degree program.

Racial and ethnic distribution of Applied Mathematics degree recipients.

Degrees Awarded

The most common degree types awarded to students graduating in Applied Mathematics are Bachelors Degree, Masters Degree, and Associates Degree.

Distribution of degree types awarded in Applied Mathematics.

Skills

Data on the critical and distinctive skills necessary for those working in the Applied Mathematics field from the Bureau of Labor Statistics.

Required Skills

Applied Mathematics majors need many skills, but most especially Critical Thinking, Active Listening, and Reading Comprehension.

Rating of how necessary various skills are for Applied Mathematics majors.

Skills Bar Chart

This bar chart shows the same information as the radar chart, displaying the importance of each skill.

Skill importance ratings for Applied Mathematics majors.

About

Applied Mathematics

In 2023, 11,002 degrees were awarded across all undergraduate and graduate programs in Applied Mathematics.

CIP Code

00.2703 - Applied Mathematics

Insights and Analysis

High Earning Potential: Applied Mathematics graduates earn an average annual wage of $145,455, placing them among the top earners in the workforce. This strong earning potential reflects both the demand for skills in this field and the value employers place on this degree.

Data Sources

This page uses data from the following sources:

  • College Scorecard - U.S. Department of Education
    • Institutional characteristics, costs, completion rates, and earnings data
    • Data years: 2015-2024
    • Source: collegescorecard.ed.gov
  • Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
    • Employment and wage data by occupation
    • Latest data: May 2024
    • Source: bls.gov/oes
  • O*NET Online - U.S. Department of Labor
    • Occupational skills, knowledge, abilities, and work activities
    • Database version: 28.0 (August 2023)
    • Source: onetcenter.org
  • IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
    • Institutional data, completions, enrollment, and financial aid
    • Data years: 2015-2024
    • Source: nces.ed.gov/ipeds
  • Census Bureau American Community Survey (ACS)
    • Demographic and workforce data
    • Latest data: 2023 ACS 5-Year Estimates
    • Source: census.gov/acs

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology

Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, IPEDS completion data, and Bureau of Labor Statistics employment data.

All financial figures are adjusted for inflation and represent the most recent available data. Employment and wage data are from the most recent Census Bureau ACS PUMS estimates.