Average Salary of a Mathematician

Math is everywhere, and in everything. While language is not universal, numbers are, and it is those that know that fact that go on to master them. Mathematicians work in a wide range of career fields, from teachers to the federal government to military. Because mathematics is such a versatile subject, so are the positions you can take.

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But what is the average amount you can make with a degree in this field? This will largely depend on your own degree level, and a Masters or PhD is generally what is needed to be considered a true Mathematician. Once you have your degrees, you can isolate your concentration.

Teachers who work in K-12 usually earn less than the average wage, at around $53,000 per year or less. This will also depend on the grade, county, and the teacher’s union you are a part of. In some regions of the country you can earn more along the lines of $73,000 per year, which puts you in the top percentile for that position.

If you work in a federal government agency you can expect a great deal more, at around $107,000 per year. This is the median for that type of job, with the highest ten percent in the field making as much as $140,000. This is for those working in statistics, or cryptanalysts, both of which are highly specialized careers.

In the end, the most basic median salary for a mathematician is $95,100 as of 2008, with continued increases in the industry. It isn’t hard to see why people would choose to get involved with this degree and profession.If you have been considering it, look at the salary information, and just think, you will be making it dealing with the one constant all over the world.

Source: BLS

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