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Applied Mathematics Degree in Detroit, MI — Salary & ROI 2026

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

Starting Salary

$44K

COL-adjusted

Mid-Career

$96K

COL-adjusted

ROI Payback

8.2 yrs

in Detroit

Cost of Living

87

index (100 = avg)

Applied Mathematics in Detroit, MI Overview

Detroit is one of Michigan's top college towns, with 43 institutions and a student population of 57,362. Public tuition averages $14,568/year here — near the national average for public universities. Applied Mathematics has seen growing enrollment nationally, reflecting rising employer demand for Differential Equations and Numerical Methods skills. The adjusted starting salary in Detroit is approximately $43,500, growing to $95,700 by mid-career.

Category

STEM

Local Colleges

43

Public Tuition

$14,568/yr

Private Tuition

$33,980/yr

Room & Board

$12,083/yr

Avg Fin. Aid

$15,401/yr

Unemployment

6.4%

Graduation Rate

57%

Applied Mathematics Salary in Detroit (COL-Adjusted)

Salaries adjusted for Detroit's cost of living index of 87 (national average = 100).

Entry Level (0-2 yrs)
$43,500($-6,500 vs national)
Mid Career (5-9 yrs)
$95,700($-14,300 vs national)
Senior Level (15+ yrs)
$121,800($-18,200 vs national)

Note: National average Applied Mathematics salary: $50,000 starting, $110,000 mid-career, $140,000 senior level.Detroit adjustment factor: 0.87x based on the local cost of living index.

Applied Mathematics ROI Calculator for Detroit

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

Public avg: $14,568 | Private avg: $33,980

Detroit avg aid: $15,401/yr

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

Total Education Cost

$106,604

tuition + room & board - aid

Annual Earnings Premium

$13,050

vs HS diploma in Detroit

ROI Payback Period

8.2 years

to break even

Lifetime Return in Detroit

$719,896

Lifetime earnings premium ($826,500) minus total education cost ($106,604)

Student Loan Payoff for Applied Mathematics in Detroit

Standard Plan (10 years)

Loan Amount$106,604
Monthly Payment$1,210
Total Interest$38,652
% of Monthly Income33%

Aggressive Plan (5 years)

Loan Amount$106,604
Monthly Payment$2,086
Total Interest$18,546
Interest Savings$20,106

Colleges in Detroit for Applied Mathematics

Wayne State University

public

$14,568/yr

$58,272 total

University of Detroit Mercy

private

$33,980/yr

$135,920 total

Community Colleges (2-Year Transfer)

Wayne County Community College

$4,296/yr

Top Employers for Applied Mathematics in Detroit

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

Goldman SachsGoogleTwo SigmaCitadelBoeing

Key Detroit 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 Detroit — 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.

Explore More

Compare Applied Mathematics ROI in other cities, or explore other majors in Detroit.

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