Mathematics graduates earn an average annual wage of $125,367, making it one of the higher-paying degree fields. With 54,640 professionals in the field earning competitive wages, this degree offers strong career prospects.

Key Statistics

25,518
Total Degrees Awarded (2023)
Not reported in dataset
$7,592
Median In-State Public Tuition
Not reported in dataset
$38,142
Median Out-of-State Private Tuition
Not reported in dataset
$125,367
Average Wage
Not reported in dataset
54,640
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 Mathematics and the types of students that study this field.

Tuition Costs for Common Institutions

$7,592 Median In-State Public

$38,142 Median Out of State Private

Tuition costs for Mathematics majors are, on average, $7,592 for in-state public colleges, and $38,142 for out of state private colleges.

Tuition costs comparison for Mathematics programs.

Degrees Awarded Over Time

25,518 Total Degrees Awarded in 2023

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

Historical trend of degrees awarded in Mathematics.

Top 5 Schools by Enrollment

Schools with the largest enrollment offering Mathematics programs.

Top 5 Most Affordable Tuition

Schools with the lowest tuition costs for Mathematics programs.

Top 5 Most Affordable Net Price

# School State Net Price
1 Canada College CA $10
2 College of the Sequoias CA $29
3 Coahoma Community College MS $560
4 Oxnard College CA $659
5 Cerritos College CA $693

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

Graduation Rates

55.94% Median Graduation Rate (150% of normal time)

56.51% Average Graduation Rate

183 Institutions Reporting

46.44% - 68.19% Interquartile Range

Graduation/completion rates for Mathematics programs across institutions.

Employment

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

Yearly Income for Common Jobs

$125,367 Average Wage in Workforce

The average salary for Mathematics majors is $125,367.

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

Occupations by Share

54,640 2023 Workforce

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

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

Return on Investment & Value

Financial analysis of 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 Mathematics degree.

Diversity

Demographic information for those who earn a degree in 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 Mathematics.

Age distribution for Mathematics degree holders in the workforce.

Gender Distribution

47,270 Total Degrees Awarded

29,680 Male (62.79%)

17,590 Female (37.21%)

Gender distribution of Mathematics degree recipients.

Race and Ethnicity Distribution

17,791 White (37.64%)

6,689 Asian (14.15%)

5,230 Hispanic or Latino (11.06%)

1,622 Two or More Races (3.43%)

1,295 Black or African American (2.74%)

Racial and ethnic distribution of Mathematics degree recipients.

Degrees Awarded

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

Distribution of degree types awarded in Mathematics.

Skills

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

Required Skills

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

Rating of how necessary various skills are for 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 Mathematics majors.

About

Mathematics

In 2023, 25,518 degrees were awarded across all undergraduate and graduate programs in Mathematics.

CIP Code

27.2701 - Mathematics

Insights and Analysis

High Earning Potential: Mathematics graduates earn an average annual wage of $125,367, 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.