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As of August 01, 2026, the average salary for an Applied Mathematician III in Michigan is $151,300 per year, which breaks down to an hourly rate of $73.
However, an Applied Mathematician III's salary can vary significantly. Here’s a look at the typical salary range:
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Applied Mathematician III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $164,600 | $13,717 | $3,165 | $79 |
| Average | $151,300 | $12,608 | $2,910 | $73 |
| 25th Percentile | $142,100 | $11,842 | $2,733 | $68 |
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An Applied Mathematician III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of an Applied Mathematician III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Applied Mathematician I | 2-4 years | $102,622 |
| Applied Mathematician II | 4-7 years | $117,738 |
| Applied Mathematician III | 7+ years | $151,266 |
| Applied Mathematician IV | 7-10 years | $179,788 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Applied Mathematician IIIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Applied Mathematician III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $169,372. While startup companies pay approximate $143,284.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $143,284 |
| Growth Stage | 51~500 | $151,540 |
| Established | 501~5000 | $163,558 |
| Enterprise | 5000+ | $169,372 |
For Applied Mathematician III roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Financial Services sectors offer the strongest compensation, at 50% above the average. In contrast, Applied Mathematician positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Applied Mathematician III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $226,950 | $109.0 | 50% |
| Financial Services | $211,820 | $102.0 | 40% |
| Pharmaceuticals | $196,690 | $95.0 | 30% |
| Aerospace & Defense | $189,125 | $91.0 | 25% |
| Biotechnology | $181,560 | $87.0 | 20% |
Understanding how an Applied Mathematician III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $164,600 | $13,717 | $3,165 | $79 |
| Average | $151,300 | $12,608 | $2,910 | $73 |
| 25th Percentile | $142,100 | $11,842 | $2,733 | $68 |
For an Applied Mathematician III, the most direct path to higher earnings is advancing to the Applied Mathematician IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $179,800 - a projected growth of 19% over your current level.
Ready to take the next step in your career? Browse thousands of current Applied Mathematician III job openings on our job board. Use the search bar below to find your perfect match.
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