Mathematics Degree in Minneapolis, MN — Salary & ROI 2026
Mathematics degree analysis for Minneapolis, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$63K
COL-adjusted
Mid-Career
$97K
COL-adjusted
ROI Payback
3.8 yrs
in Minneapolis
Cost of Living
97
index (100 = avg)
Mathematics in Minneapolis, MN Overview
Minneapolis, Minnesota (pop. 429,954) has 15 colleges offering Mathematics programs. The local cost of living index of 97 is near the national average, with average rent near campus at $805/month. Mathematics enrollment is stable nationwide, with steady demand for graduates skilled in Calculus and Linear Algebra. The adjusted starting salary in Minneapolis is approximately $63,050, growing to $97,000 by mid-career.
Category
STEM
Local Colleges
15
Public Tuition
$15,142/yr
Private Tuition
$45,823/yr
Room & Board
$12,394/yr
Avg Fin. Aid
$14,033/yr
Unemployment
4.4%
Graduation Rate
61%
Mathematics Salary in Minneapolis (COL-Adjusted)
Salaries adjusted for Minneapolis's cost of living index of 97 (national average = 100).
Note: National average Mathematics salary: $65,000 starting, $100,000 mid-career, $125,000 senior level.Minneapolis adjustment factor: 0.97x based on the local cost of living index.
Mathematics ROI Calculator for Minneapolis
Estimate your return on investment for a Mathematics degree using local Minneapolis tuition and cost of living data.
Public avg: $15,142 | Private avg: $45,823
Minneapolis avg aid: $14,033/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$110,144
tuition + room & board - aid
Annual Earnings Premium
$29,100
vs HS diploma in Minneapolis
ROI Payback Period
3.8 years
to break even
Lifetime Return in Minneapolis
$665,856
Lifetime earnings premium ($776,000) minus total education cost ($110,144)
Student Loan Payoff for Mathematics in Minneapolis
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Minneapolis for Mathematics
University of Minnesota
public
$15,142/yr
$60,568 total
University of St. Thomas
private
$49,716/yr
$198,864 total
Augsburg University
private
$41,930/yr
$167,720 total
Community Colleges (2-Year Transfer)
Minneapolis College
$5,772/yr
Top Employers for Mathematics in Minneapolis
Minneapolis offers opportunities in Tech companies, Research labs, Government agencies for Mathematics graduates. National top employers in this field include:
Key Minneapolis Hiring Sectors for STEM
Tech companies
Research labs
Government agencies
Startups
Consulting firms
Common Mathematics Job Titles
Mathematics in Nearby Minnesota Cities
Saint Paul, MN
$66K starting · COL 101.5
11 colleges
St. Paul, MN
$70K starting · COL 108
20 colleges
Rochester, MN
$68K starting · COL 105
8 colleges
Duluth, MN
$65K starting · COL 100
5 colleges
Bloomington, MN
$65K starting · COL 100.2
4 colleges
Brooklyn Park, MN
$64K starting · COL 98.8
4 colleges
Plymouth, MN
$70K starting · COL 107.3
4 colleges
Maple Grove, MN
$70K starting · COL 107.4
4 colleges
Other STEM Majors in Minneapolis
Prompt Engineering
$49K starting · 1.5 yr ROI
Computational Linguistics
$92K starting · 2 yr ROI
Computer Science
$82K starting · 2.8 yr ROI
Software Engineering
$85K starting · 2.7 yr ROI
Data Science
$80K starting · 3 yr ROI
Astrophysics
$82K starting · 3 yr ROI
Actuarial Science
$49K starting · 3 yr ROI
Cybersecurity
$78K starting · 3 yr ROI
Methodology & Education Data Sources
How we calculate Mathematics degree outcomes in Minneapolis, MN: Our salary projections, ROI estimates, and tuition data combine multiple federal datasets to provide a localized view of education economics. We use a 10-year career-trajectory model standard in higher education research.
- Tuition data sourced from IPEDS (Integrated Postsecondary Education Data System), the federal education statistics database operated by NCES. Average tuition for Mathematics programs reflects 4-year public/private weighted averages for Minnesota.
- Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Minneapolis using regional CPI data.
- 10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
- Job market outlook for Mathematics graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
- Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.
Authoritative US education data sources:
- IPEDS — Integrated Postsecondary Education Data — official federal college data
- College Scorecard (US Dept of Education) — earnings, debt, completion rates
- BLS Occupational Outlook Handbook — Mathematics career projections
- Federal Student Aid (FAFSA) — official US student loan and grant info
- NCES Digest of Education Statistics — comprehensive education data
- BLS Occupational Employment and Wages — entry-level salary data for Mathematics grads
Education Disclaimer: Salary and ROI estimates are projections based on national and state-level averages. Individual outcomes depend on institution prestige, GPA, internships, location, network, and economic conditions. Always verify current tuition with the institution directly, and consult a financial aid counselor before taking on student loans. Use the Federal Loan Simulator to model repayment scenarios.
Reviewed by Brazora Monk · Last updated 2026 · IPEDS & BLS data current as of latest annual release
Financial Aid Resources for Minneapolis Students
Beyond federal aid (FAFSA), Minnesota students have access to state-specific grants, scholarships, and tuition assistance programs. The 2026-27 FAFSA also added a new Low Earnings Indicator (Dec 2025) flagging programs where graduates earn less than non-college peers — check your target school's status:
Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):
State-specific grants stack with federal aid:
- • USA.gov — Minnesota programs
- • NASFAA — State Aid Programs
- • Search "minnesota higher education commission grants"
Verify earnings + debt before enrolling:
- • College Scorecard — earnings, debt, completion
- • NCES College Navigator
- • IPEDS Net Price Calculator Center
Free, official, scam-free scholarship databases:
2026-27 FAFSA tip: The new Low Earnings Indicator flags programs where graduates earn less than non-graduates. Check this before enrolling. Speak with a NASFAA-credentialed financial aid counselor at your target school.
Mathematics Degree in Minneapolis — 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 Mathematics ROI in other cities, or explore other majors in Minneapolis.