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Applied Mathematics Degree in Duluth, MN — Salary & ROI 2026

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

Starting Salary

$50K

COL-adjusted

Mid-Career

$110K

COL-adjusted

ROI Payback

7.1 yrs

in Duluth

Cost of Living

100

index (100 = avg)

Applied Mathematics in Duluth, MN Overview

While Duluth has a smaller college scene with 5 institutions, Applied Mathematics students benefit from the close-knit academic community. Room and board averages $12,662/year, and the car-friendly layout shapes the student experience. Applied Mathematics has seen growing enrollment nationally, reflecting rising employer demand for Differential Equations and Numerical Methods skills. The adjusted starting salary in Duluth is approximately $50,000, growing to $110,000 by mid-career.

Category

STEM

Local Colleges

5

Public Tuition

$13,872/yr

Private Tuition

$41,612/yr

Room & Board

$12,662/yr

Avg Fin. Aid

$15,990/yr

Unemployment

3.2%

Graduation Rate

64%

Applied Mathematics Salary in Duluth (COL-Adjusted)

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

Entry Level (0-2 yrs)
$50,000(+$0 vs national)
Mid Career (5-9 yrs)
$110,000(+$0 vs national)
Senior Level (15+ yrs)
$140,000(+$0 vs national)

Note: National average Applied Mathematics salary: $50,000 starting, $110,000 mid-career, $140,000 senior level.Duluth adjustment factor: 1.00x based on the local cost of living index.

Applied Mathematics ROI Calculator for Duluth

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

Public avg: $13,872 | Private avg: $41,612

Duluth avg aid: $15,990/yr

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

Total Education Cost

$106,136

tuition + room & board - aid

Annual Earnings Premium

$15,000

vs HS diploma in Duluth

ROI Payback Period

7.1 years

to break even

Lifetime Return in Duluth

$843,864

Lifetime earnings premium ($950,000) minus total education cost ($106,136)

Student Loan Payoff for Applied Mathematics in Duluth

Standard Plan (10 years)

Loan Amount$106,136
Monthly Payment$1,205
Total Interest$38,482
% of Monthly Income29%

Aggressive Plan (5 years)

Loan Amount$106,136
Monthly Payment$2,077
Total Interest$18,464
Interest Savings$20,018

Colleges in Duluth for Applied Mathematics

University of Minnesota Duluth

public

$13,872/yr

$55,488 total

College of St. Scholastica

private

$41,612/yr

$166,448 total

Community Colleges (2-Year Transfer)

Lake Superior College

$5,772/yr

Top Employers for Applied Mathematics in Duluth

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

Goldman SachsGoogleTwo SigmaCitadelBoeing

Key Duluth 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 Duluth — 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 Duluth.

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