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Applied Mathematics Degree in Cleveland, OH — Salary & ROI 2026

Applied Mathematics degree analysis for Cleveland, OH. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$48K

COL-adjusted

Mid-Career

$106K

COL-adjusted

ROI Payback

6 yrs

in Cleveland

Cost of Living

96

index (100 = avg)

Applied Mathematics in Cleveland, OH Overview

Cleveland, Ohio (pop. 372,624) has 20 colleges offering Applied Mathematics programs. The local cost of living index of 96 is near the national average, with average rent near campus at $1,156/month. Applied Mathematics has seen growing enrollment nationally, reflecting rising employer demand for Differential Equations and Numerical Methods skills. The adjusted starting salary in Cleveland is approximately $48,000, growing to $105,600 by mid-career.

Category

STEM

Local Colleges

20

Public Tuition

$11,270/yr

Private Tuition

$49,395/yr

Room & Board

$10,394/yr

Avg Fin. Aid

$7,310/yr

Unemployment

6%

Graduation Rate

69%

Applied Mathematics Salary in Cleveland (COL-Adjusted)

Salaries adjusted for Cleveland's cost of living index of 96 (national average = 100).

Entry Level (0-2 yrs)
$48,000($-2,000 vs national)
Mid Career (5-9 yrs)
$105,600($-4,400 vs national)
Senior Level (15+ yrs)
$134,400($-5,600 vs national)

Note: National average Applied Mathematics salary: $50,000 starting, $110,000 mid-career, $140,000 senior level.Cleveland adjustment factor: 0.96x based on the local cost of living index.

Applied Mathematics ROI Calculator for Cleveland

Estimate your return on investment for a Applied Mathematics degree using local Cleveland tuition and cost of living data.

Public avg: $11,270 | Private avg: $49,395

Cleveland avg aid: $7,310/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$86,656

tuition + room & board - aid

Annual Earnings Premium

$14,400

vs HS diploma in Cleveland

ROI Payback Period

6 years

to break even

Lifetime Return in Cleveland

$825,344

Lifetime earnings premium ($912,000) minus total education cost ($86,656)

Student Loan Payoff for Applied Mathematics in Cleveland

Standard Plan (10 years)

Loan Amount$86,656
Monthly Payment$984
Total Interest$31,419
% of Monthly Income25%

Aggressive Plan (5 years)

Loan Amount$86,656
Monthly Payment$1,696
Total Interest$15,075
Interest Savings$16,344

Colleges in Cleveland for Applied Mathematics

Case Western Reserve University

private

$56,480/yr

$225,920 total

Cleveland State University

public

$11,270/yr

$45,080 total

John Carroll University

private

$42,310/yr

$169,240 total

Community Colleges (2-Year Transfer)

Cuyahoga Community College

$4,344/yr

Top Employers for Applied Mathematics in Cleveland

Cleveland offers opportunities in Tech companies, Research labs, Government agencies for Applied Mathematics graduates. National top employers in this field include:

Goldman SachsGoogleTwo SigmaCitadelBoeing

Key Cleveland Hiring Sectors for STEM

Tech companies

Research labs

Government agencies

Startups

Consulting firms

Common Applied Mathematics Job Titles

Quantitative AnalystOperations Research AnalystData Scientist

Applied Mathematics Degree in Cleveland — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

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