Mathematicians Salary 2017: How Much Money Do They Make

Stanley TanLeave a Comment



hourly pay for Mathematicians
do Mathematicians make a lot of money

Mathematicians

Other names for this job might include Agent-Based Modeler, Algebraist, Cipher Expert, Computational Physicist, Computational Scientist, Consultant, Cryptanalyst, Cryptographer, Cryptographic Vulnerability Analyst, Director of Quantitative Research


  • $105600
    Salary
  • 70%
    Job satisfaction
  • Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank

A



How Much Successful Mathematicians Make In 2017


In this salary guide, you will find out how much do Mathematicians make.

After reading this, you will be able to make a decision if working as a Mathematician will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).



Average salary

Annual salary
$105600 per year

Hourly wage
$50.770 per hour


1 of the most popular questions we get from our readers here at OwlGuru is how much do Mathematicians make per year and what is their hourly wage.

According to BLS, the average annual salary of Mathematicians is $105600. Their salary can also be as low as $54890 if you’re still a newbie with no experience to over $160310 if you have a ton of experience under your belt.

The typical hourly pay is $50.770 and can range from $26.390 to $77.070 which also depends if you’re a newbie or a professional.

Just like any other job, the salary of A Mathematician will vary based on your education and experience level.

# = Over $100 per hour or $200,000 per year.
Salary rank
A

We wanted to make it easy for our readers to compare the salary of A Mathematician to all the other careers out there. So we created Salary Rank.

This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.

After comparing how much do Mathematicians make with other careers, they have a salary rank of A.



Become one

schools for Mathematicians

Interested in the career of a Mathematician? Find the right schools that can help you to become one. This service is free thanks to our sponsors.

Click to start becoming a Mathematician




Salary range

LevelHourlyYearly
Highest (Top 10%)$77.070$160310
Senior (Top 25%)$62.370$129730
Middle (Mid 50%)$50.870$105810
Junior (Bottom 25%)$34.830$72440
No experience (Bottom 10%)$26.390$54890


Entry-level Mathematicians who starts out at $72440 can expect to make $105810 after 3-5 years of experience in the field.

The bottom 10% makes less than $26.390 per hour while the top 10% makes over $77.070 per hour.

While the median wage is $105810 per annum or $50.870 per hour.

Depending on who you work for, you might also get overtime pay.

# = Over $100 per hour or $200,000 per year.


Highest paying industries

Industry nameHourly wageAnnual salary
Computer Systems Design and Related Services59.65124070
Engineering Services58.45121570
Research and Development in the Physical, Engineering, and Life Sciences57.77120160
Scientific Research and Development Services57.61119830
Manufacturing56.99118540
Professional, Scientific, and Technical Services54.61113580
Architectural, Engineering, and Related Services54.4113160
Federal Executive Branch52.19108550
Federal government, including the US Postal Service52.19108550
All industries, private ownership only52.09108350
Federal, State, and Local Government51.54107190
Federal, State, and Local Government, excluding state and local schools and hospitals, and the US Postal Service51.54107190
Management of Companies and Enterprises50.42104880
All industries50.17104350
Testing Laboratories47.4998790
Federal, state, and local government, including government owned schools and hospitals, and the US Postal Service47.4498680
Finance and Insurance44.9393440
Management, Scientific, and Technical Consulting Services44.6392840
Insurance Carriers41.9387220
Insurance Carriers and Related Activities41.5886490
Miscellaneous Manufacturing40.0883360
Other Miscellaneous Manufacturing40.0883360
Educational Services, Privately owned36.6776280
Colleges, universities, and professional schools, Privately owned36.6776280
Colleges, Universities, and Professional Schools (including private, state, and local government schools)34.5671880
Educational Services (including private, state, and local government schools)34.4871720
Educational Services, State government owned34.1170950
Colleges, universities, and professional schools, State government owned34.1170950
State government, including schools and hospitals33.8670430

Not all industries pay the same for Mathematicians.

1 of the easiest way to increase your salary is to change industries and find a higher paying one.



Highest paying states

StateHourlyAnnual
NJ$75.47$156970
MD$64.45$134050
DC$57.37$119320
NM$56.17$116830
CA$54.64$113650
VA$53.99$112290
MA$52.94$110120
RI$48.79$101480
OH$44.5$92550
FL$43.24$89930

Another simple way to boost your pay as A Mathematician is to move to a higher paying state. However moving to a higher paying state like NJ doesn’t mean you will make more overall. This is because the expenses at NJ may be 2x higher than where you are currently living at right now.

According to the BLS, the highest paid / most successful Mathematicians are in the states of NJ, MD, DC, NM and CA. The average salary in NJ is $156970.



How we can help

Start your journey to be A Mathematician

Get the best college for Mathematicians


Discover the best colleges for your $$$


Find colleges have the highest earning grads


Yes, I'm sure


Rank: B+
Salary: $82940

They formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decision making, policy formulation, or other managerial functions. May collect and analyze data and develop decision support software, service, or products. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.
Rank: A
Salary: $84010

They develop and apply biostatistical theory and methods to the study of life sciences.
Rank: B+
Salary: $107140

They observe, research, and interpret astronomical phenomena to increase basic knowledge or apply such information to practical problems.
Rank: A
Salary: $84010

They develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as bio-statistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.
Rank: A
Salary: $105290

They conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.





Trusted by over 50,000 fans


Career type

Computer IT and Mathematics
Mathematics
Counseling and Mental Health Services
Science and Math

Other Careers Like This


Help Others Out



Learn more about Mathematicians

Summary
Job Description
Salary (You are here)
Requirements
Is This Right For Me

Study To Be a Mathematician


Related to Mathematicians Salary

Mathematicians salary, how much do Mathematicians earn, Mathematicians hourly wage, Mathematicians annual pay, highest paying industries for Mathematicians, which states pay the highest for Mathematicians

Additional resources

http://www.bls.gov/OOH/math/mathematicians.htm
http://www.ams.org/
http://www.siam.org/
http://www.usajobs.gov/

OwlGuru.com
OwlGuru.com is a career and college finder site. We help students to find a career and college that is right for them.
Mathematicians
Written by: Stanley Tan
Mathematicians conduct research in fundamental mathematics or in application of mathematical techniques to science, management, and other fields. Solve problems in various fields using mathematical methods.
4.8 / 5 stars

Leave a Reply

Your email address will not be published. Required fields are marked *