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Applied Mathematics Degree in Springfield, MA — Salary & ROI 2026

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

Starting Salary

$67K

COL-adjusted

Mid-Career

$146K

COL-adjusted

ROI Payback

6.7 yrs

in Springfield

Cost of Living

133

index (100 = avg)

Applied Mathematics in Springfield, MA Overview

Springfield, Massachusetts (pop. 155,929) has 6 colleges offering Applied Mathematics programs. The local cost of living index of 133 is higher than average, so budget accordingly, with average rent near campus at $1,238/month. Applied Mathematics has seen growing enrollment nationally, reflecting rising employer demand for Differential Equations and Numerical Methods skills. The adjusted starting salary in Springfield is approximately $66,500, growing to $146,300 by mid-career.

Category

STEM

Local Colleges

6

Public Tuition

$11,943/yr

Private Tuition

$42,786/yr

Room & Board

$21,289/yr

Avg Fin. Aid

$7,962/yr

Unemployment

5.7%

Graduation Rate

49%

Applied Mathematics Salary in Springfield (COL-Adjusted)

Salaries adjusted for Springfield's cost of living index of 133 (national average = 100).

Entry Level (0-2 yrs)
$66,500(+$16,500 vs national)
Mid Career (5-9 yrs)
$146,300(+$36,300 vs national)
Senior Level (15+ yrs)
$186,200(+$46,200 vs national)

Note: National average Applied Mathematics salary: $50,000 starting, $110,000 mid-career, $140,000 senior level.Springfield adjustment factor: 1.33x based on the local cost of living index.

Applied Mathematics ROI Calculator for Springfield

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

Public avg: $11,943 | Private avg: $42,786

Springfield avg aid: $7,962/yr

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

Total Education Cost

$132,928

tuition + room & board - aid

Annual Earnings Premium

$19,950

vs HS diploma in Springfield

ROI Payback Period

6.7 years

to break even

Lifetime Return in Springfield

$1,130,572

Lifetime earnings premium ($1,263,500) minus total education cost ($132,928)

Student Loan Payoff for Applied Mathematics in Springfield

Standard Plan (10 years)

Loan Amount$132,928
Monthly Payment$1,509
Total Interest$48,196
% of Monthly Income27%

Aggressive Plan (5 years)

Loan Amount$132,928
Monthly Payment$2,601
Total Interest$23,125
Interest Savings$25,071

Colleges in Springfield for Applied Mathematics

Western New England University

private

$42,228/yr

$168,912 total

Springfield College

private

$43,344/yr

$173,376 total

Community Colleges (2-Year Transfer)

Springfield Technical Community College

$5,760/yr

Top Employers for Applied Mathematics in Springfield

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

Goldman SachsGoogleTwo SigmaCitadelBoeing

Key Springfield 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 Springfield — 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 Springfield.

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