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The Bureau of Labor Statistics reports that the demand for statisticians and mathematicians is expected to grow by a phenomenal 33% from 2016 to 2026. However, the high demand for statisticians is thought to outpace this growth!
How Much Does a Statistician Make? Statisticians made a median salary of $87,780 in 2018. The best-paid 25 percent made $113,670 that year, while the lowest-paid 25 percent made $67,440.
Salaries range from $65,000-$85,000. A Statistician earns an average wage of somewhere between 56000 and 84000 depending on education and experience. Statisticians will most likely receive a compensation of Seventy Seven Thousand Eight Hundred dollars each year.
Among the industries that regularly employ statisticians, median wages range from $70,000 to more than $100,000 per year. Jobs with the federal government are the most lucrative, paying a median salary of $103,630, and they also account for 13 percent of all statistician roles.
Job prospects for statisticians are projected to be very good. An increasing number of jobs over the next decade will require high levels of statistical knowledge. Job opportunities are expected to be favorable for those with very strong quantitative and data analysis skills.
Job prospects for statisticians are projected to be very good. An increasing number of jobs over the next decade will require high levels of statistical knowledge. Job opportunities are expected to be favorable for those with very strong quantitative and data analysis skills.
Mathematicians and statisticians work in many fields, such as education, marketing, psychology, sports, or any other field that requires the collection and analysis of data. In particular, government, healthcare, and research and development companies employ many statisticians.
Step 1: Obtain your undergraduate degree. Step 2: Gain experience through internships and data analysis competitions. Step 3: Earn an advanced degree. Step 4: Add professional certifications to your resume. Step 5: Specialize in a field.
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