Math Schools In Minnesota
In Minnesota, there are 27 accredited schools where math classes faculty can find employment. The graphs, statistics and analysis below outline the current state and the future direction of academia in math in the state of Minnesota, which encompasses math training at the following levels:
- Associates degree in Math
- Bachelors degree in Math
- Masters degree in Math
- PhD degree in Math
Statistics
Professional Trends
Minnesota Vs. National Math Employment
| Minnesota | 1,850 |
| National | 95,960 |
Of all of the math professionals that work in the US, approximately 2% work in Minnesota state.
Employment Growth for Math professionals In Minnesota
| 1,700 | 1,670 | 1,590 | 1,610 | 1,850 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
The number of math professionals is growing in Minnesota. In Minnesota, 150 more math professionals were working in 2010, than there were in 2006. So, in four years, the number of math professionals has grown by 9%. This growth is slower than the change in the number of math professionals around the country. Nationally, the number of math professionals has grown by 15% from 2006 to 2010.
Math VS. All Professions salaries in Minnesota
| $71,623 | $75,310 | $79,353 | $83,423 | $86,757 |
| $45,649 | $48,094 | $49,813 | $50,330 | $51,158 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Math
- Dark Yellow: All Professions
In Minnesota, as the number of math professionals is growing, the salaries earned by math professionals are increasing. In 2006 math professionals made a mean salary of $71,623 per year, and in 2010 they made $86,757 per year.
Salary percentiles for Math professionals in Minnesota
10th percentile |
$56,147 |
25th percentile |
$64,513 |
50th percentile |
$79,020 |
75th percentile |
$102,017 |
90th percentile |
$125,014 |
Thus, there was a 17% growth in math professionals' salaries. This growth is mirrored by state trends for all professionals. In the state of Minnesota, there is a huge variation in pay, within the field of math. The pay differential between the highest paid math professionals and those in the bottom 10% of the pay bracket is 123%
Average Salaries for Math professionals and related professions in Minnesota
Accounting |
$46,752 |
Liberal Arts |
$61,310 |
Math |
$86,757 |
Physics |
$152,450 |
Math professionals in Minnesota earn, on average, more than their counterparts in related professions.
Educational Trends
Math programs available for each degree type for all schools in Minnesota
associate |
1 |
bachelor |
32 |
master |
7 |
doctor |
3 |
Certificate |
0 |
| Total | 43 |
As the number of math professionals is increasing in Minnesota state, the number of students graduating from the 27 accredited math schools in Minnesota state is also increasing. In 2006 there were 482 math graduates from math courses in Minnesota and in 2010 there were 520 graduates.
Thus there was a 8% percent increase in the number of math school degree or certificate graduates in Minnesota. Most of these graduates, or 74%, earned an bachelor's degree in math.