Applied Mathematics Degree in Memphis, TN — Salary & ROI 2026
Applied Mathematics degree analysis for Memphis, TN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$47K
COL-adjusted
Mid-Career
$102K
COL-adjusted
ROI Payback
6.9 yrs
in Memphis
Cost of Living
93
index (100 = avg)
Applied Mathematics in Memphis, TN Overview
Memphis is one of Tennessee's top college towns, with 22 institutions and a student population of 42,935. Public tuition averages $9,944/year here — well below the national average, making it a cost-effective choice. Applied Mathematics has seen growing enrollment nationally, reflecting rising employer demand for Differential Equations and Numerical Methods skills. The adjusted starting salary in Memphis is approximately $46,500, growing to $102,300 by mid-career.
Category
STEM
Local Colleges
22
Public Tuition
$9,944/yr
Private Tuition
$44,033/yr
Room & Board
$14,138/yr
Avg Fin. Aid
$10,619/yr
Unemployment
3%
Graduation Rate
72%
Applied Mathematics Salary in Memphis (COL-Adjusted)
Salaries adjusted for Memphis's cost of living index of 93 (national average = 100).
Note: National average Applied Mathematics salary: $50,000 starting, $110,000 mid-career, $140,000 senior level.Memphis adjustment factor: 0.93x based on the local cost of living index.
Applied Mathematics ROI Calculator for Memphis
Estimate your return on investment for a Applied Mathematics degree using local Memphis tuition and cost of living data.
Public avg: $9,944 | Private avg: $44,033
Memphis avg aid: $10,619/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$96,328
tuition + room & board - aid
Annual Earnings Premium
$13,950
vs HS diploma in Memphis
ROI Payback Period
6.9 years
to break even
Lifetime Return in Memphis
$787,172
Lifetime earnings premium ($883,500) minus total education cost ($96,328)
Student Loan Payoff for Applied Mathematics in Memphis
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Memphis for Applied Mathematics
University of Memphis
public
$9,944/yr
$39,776 total
Rhodes College
private
$52,366/yr
$209,464 total
Christian Brothers University
private
$35,700/yr
$142,800 total
Community Colleges (2-Year Transfer)
Southwest Tennessee Community College
$4,464/yr
Top Employers for Applied Mathematics in Memphis
Memphis offers opportunities in Tech companies, Research labs, Government agencies for Applied Mathematics graduates. National top employers in this field include:
Key Memphis Hiring Sectors for STEM
Tech companies
Research labs
Government agencies
Startups
Consulting firms
Common Applied Mathematics Job Titles
Applied Mathematics in Nearby Tennessee Cities
Nashville, TN
$46K starting · COL 92
35 colleges
Knoxville, TN
$43K starting · COL 85
5 colleges
Chattanooga, TN
$40K starting · COL 80
5 colleges
Clarksville, TN
$45K starting · COL 90
9 colleges
Murfreesboro, TN
$46K starting · COL 91
10 colleges
Franklin, TN
$59K starting · COL 118.5
4 colleges
Jackson, TN
$41K starting · COL 82.5
3 colleges
Johnson City, TN
$53K starting · COL 105
6 colleges
Other STEM Majors in Memphis
Prompt Engineering
$47K starting · 1.5 yr ROI
Computational Linguistics
$88K starting · 2 yr ROI
Computer Science
$79K starting · 2.8 yr ROI
Software Engineering
$82K starting · 2.7 yr ROI
Data Science
$76K starting · 3 yr ROI
Actuarial Science
$47K starting · 3 yr ROI
Cybersecurity
$74K starting · 3 yr ROI
Robotics Engineering
$47K starting · 3 yr ROI
Applied Mathematics Degree in Memphis — 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 Memphis.