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2022 Best Value Master’s Degree Colleges for Statistics (Income $30-$48k)

131 Ranked Colleges
3,900 Degrees Awarded
$42,400 Avg Grad Tuition & Fees*
Best Value Stats Schools for a Master's For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Stats Schools for a Master’s For Those Making $30-$48k” ranking is part of that endeavor.

In 2019-2020, 9,599 people earned their degree in statistics, making the major the 88th most popular in the United States. In 2017-2018, statistics graduates who were awarded their degree in 2015-2017, earned an average of $61,950 and had an average of $22,199 in loans still to pay off.

At the master’s degree level specifically, there were 3,900 statistics graduates with average earnings and debt of $56,398 and $43,194 respectively.

For this year’s “Best Value Stats Schools for a Master’s For Those Making $30-$48k” ranking, we looked at 131 colleges that offer a degree in statistics. The schools that top this list are recognized because they have great statistics programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the statistics program at the school. For more information, check out our ranking methodology.

More Ways to Rank Statistics Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Stats Schools for a Master’s For Those Making $30-$48k” list to help you make the college decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Stats Schools for a Master’s For Those Making $30-$48k

The following schools top our list of the Best Best Value Stats Schools for a Master’s For Those Making $30-$48k.

Top 25 Best Value Master’s Degree Colleges for Statistics (Income $30-$48k)

#1

Stanford University

Stanford, California

Out of the 131 schools in the Best Value Stats Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Stanford University landed the #1 spot on the list. Stanford, California is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s stats degrees to 66 students in 2019-2020.

In addition to being on our master’s degree stats students whose families make $30-$48k list, Stanford has also earned the #2 rank in our “Best Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Stanford University are $55,011, but you may pay more or less depending on your major.

Read more about Statistics at Stanford

#2

Duke University

Durham, North Carolina
#5 in overall quality

Out of the 131 schools in the Best Value Stats Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Duke University landed the #2 spot on the list. This fairly large school is located in Durham, North Carolina, and it awarded 36 masters’s stats degrees in 2019-2020.

Duke not only placed well in this ranking. It is also #5 on our “Best Statistics Master’s Degree Schools” list. Average graduate tuition and fees at Duke are $59,140, but some majors have different tuition rates.

Full Duke University Statistics Report

#3

Rice University

Houston, Texas
#4 in overall quality

Out of the 131 schools in the Best Value Stats Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Rice University landed the #3 spot on the list. Rice University is located in Houston, Texas and, has a medium-sized student population. In 2019-2020, this school awarded 27 masters’s stats degrees to qualified students.

Rice also made our “Best Statistics Master’s Degree Schools” list, coming in at #4. Average graduate tuition and fees at Rice are $47,913, but you may pay more or less depending on your major.

Read more about Statistics at Rice University

#4

University of Pennsylvania

Philadelphia, Pennsylvania
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Pennsylvania. The school came in at #4 for the Best Value Stats Schools for a Master’s For Those Making $30-$48k. University of Pennsylvania is a large private not-for-profit school situated in Philadelphia, Pennsylvania. It awarded 28 masters’s stats degrees in 2019-2020.

UPenn did well in our major quality rankings, too. It placed #3 on our “Best Statistics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UPenn are $41,760.

Read full report on Statistics at University of Pennsylvania

#5

University of Chicago

Chicago, Illinois

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #5 for the Best Value Stats Schools for a Master’s For Those Making $30-$48k. Located in Chicago, Illinois, this fairly large private not-for-profit school handed out 181 degrees to qualified masters’s stats students in 2019-2020.

UChicago not only placed well in this ranking. It is also #1 on our “Best Statistics Master’s Degree Schools” list. Average graduate tuition and fees at University of Chicago are $61,548, but some majors have different tuition rates.

Read more about Statistics at UChicago

#6

Harvard University

Cambridge, Massachusetts
#10 in overall quality

Harvard University came in at #6 in this year’s edition of the Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking. Located in Cambridge, Massachusetts, this large private not-for-profit school handed out 17 degrees to qualified masters’s stats students in 2019-2020.

Harvard also took the #10 spot in our “Best Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Harvard are $50,654, but some majors have different tuition rates.

Read full report on Statistics at Harvard

#7

Johns Hopkins University

Baltimore, Maryland
#9 in overall quality

Johns Hopkins University did quite well in the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking, coming in at #7. Johns Hopkins University is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 28 masters’s degrees in 2019-2020.

Johns Hopkins not only placed well in this ranking. It is also #9 on our “Best Statistics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Johns Hopkins University are $59,425.

Read more about Statistics at Johns Hopkins

#7

Washington University in St Louis

Saint Louis, Missouri
#12 in overall quality

Washington University in St Louis did quite well in the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking, coming in at #7. WUSTL is a private not-for-profit institution located in Saint Louis, Missouri. The school has a fairly large population, and it awarded 15 masters’s degrees in 2019-2020.

In addition to being on our master’s degree stats students whose families make $30-$48k list, WUSTL has also earned the #12 rank in our “Best Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Washington University in St Louis are $56,562, but you may pay more or less depending on your major.

Full Washington University in St Louis Statistics Report

#9

Northwestern University

Evanston, Illinois
#15 in overall quality

Northwestern University landed the #9 spot on the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 11 masters’s stats degrees to qualified students.

Northwestern also made our “Best Statistics Master’s Degree Schools” list, coming in at #15. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.

Read more about Statistics at Northwestern

#10

Cornell University

Ithaca, New York
#6 in overall quality

With a ranking of #10, Cornell University did quite well on the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k list. Ithaca, New York is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s stats degrees to 61 students in 2019-2020.

Cornell did well in our major quality rankings, too. It placed #6 on our “Best Statistics Master’s Degree Schools” list. Average graduate tuition and fees at Cornell are $30,042, but you may pay more or less depending on your major.

Read more about Statistics at Cornell

Columbia University in the City of New York came in at #11 in this year’s edition of the Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking. This large school is located in New York, New York, and it awarded 521 masters’s stats degrees in 2019-2020.

Columbia not only placed well in this ranking. It is also #8 on our “Best Statistics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Columbia University in the City of New York are $51,194.

Read full report on Statistics at Columbia University in the City of New York

#20 in overall quality

University of Wisconsin - Madison did quite well in the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking, coming in at #12. This large school is located in Madison, Wisconsin, and it awarded 90 masters’s stats degrees in 2019-2020.

UW - Madison not only placed well in this ranking. It is also #20 on our “Best Statistics Master’s Degree Schools” list. Average graduate tuition and fees at UW - Madison are $25,523, but you may pay more or less depending on your major.

Full University of Wisconsin - Madison Statistics Report

#13

Wake Forest University

Winston-Salem, North Carolina
#25 in overall quality

Wake Forest University ranked #13 on this year’s Best Value Stats Schools for a Master’s For Those Making $30-$48k list. Wake Forest University is a private not-for-profit institution located in Winston-Salem, North Carolina. The school has a medium-sized population, and it awarded 6 masters’s degrees in 2019-2020.

Wake Forest University also made our “Best Statistics Master’s Degree Schools” list, coming in at #25. Average graduate tuition and fees at Wake Forest University are $39,216, but you may pay more or less depending on your major.

Read more about Statistics at Wake Forest University

#14

University of North Carolina at Chapel Hill

Chapel Hill, North Carolina

University of North Carolina at Chapel Hill landed the #14 spot on the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking. UNC Chapel Hill is a large school located in Chapel Hill, North Carolina that handed out 20 masters’s stats degrees in 2019-2020.

Average graduate tuition and fees at UNC Chapel Hill are $30,248, but some majors have different tuition rates.

Read more about Statistics at University of North Carolina at Chapel Hill

#15

University of Michigan - Ann Arbor

Ann Arbor, Michigan

University of Michigan - Ann Arbor landed the #15 spot on the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking. This large school is located in Ann Arbor, Michigan, and it awarded 120 masters’s stats degrees in 2019-2020.

U-M not only placed well in this ranking. It is also #14 on our “Best Statistics Master’s Degree Schools” list. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.

Full University of Michigan - Ann Arbor Statistics Report

#16

University of Florida

Gainesville, Florida

University of Florida did quite well in the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking, coming in at #16. UF is located in Gainesville, Florida and, has a large student population. In 2019-2020, this school awarded 9 masters’s stats degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Florida are $30,130.

Read more about Statistics at University of Florida

#17

Tufts University

Medford, Massachusetts

Tufts University ranked #17 on this year’s Best Value Stats Schools for a Master’s For Those Making $30-$48k list. Tufts University is a fairly large school located in Medford, Massachusetts that handed out 1 masters’s stats degrees in 2019-2020.

In addition to being on our master’s degree stats students whose families make $30-$48k list, Tufts has also earned the #0 rank in our “Best Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Tufts are $55,168, but you may pay more or less depending on your major.

Read full report on Statistics at Tufts

#18

Hunter College

New York, New York

With a ranking of #18, Hunter College did quite well on the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k list. Hunter College is located in New York, New York and, has a large student population. In 2019-2020, this school awarded 31 masters’s stats degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Hunter are $20,828.

Read full report on Statistics at Hunter College

#19

Purdue University - Main Campus

West Lafayette, Indiana
Top 25% in overall quality

Purdue University - Main Campus ranked #19 on this year’s Best Value Stats Schools for a Master’s For Those Making $30-$48k list. Purdue University - Main Campus is a large school located in West Lafayette, Indiana that handed out 30 masters’s stats degrees in 2019-2020.

Average graduate tuition and fees at Purdue University - Main Campus are $28,794, but you may pay more or less depending on your major.

Read more about Statistics at Purdue

#20

University of Virginia - Main Campus

Charlottesville, Virginia
#23 in overall quality

With a ranking of #20, University of Virginia - Main Campus did quite well on the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k list. University of Virginia - Main Campus is a large school located in Charlottesville, Virginia that handed out 39 masters’s stats degrees in 2019-2020.

In addition to being on our master’s degree stats students whose families make $30-$48k list, University of Virginia has also earned the #23 rank in our “Best Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Virginia are $32,394, but some majors have different tuition rates.

Read full report on Statistics at University of Virginia

With a ranking of #21, University of Illinois at Urbana-Champaign did quite well on the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k list. UIUC is a large school located in Champaign, Illinois that handed out 94 masters’s stats degrees in 2019-2020.

UIUC also took the #18 spot in our “Best Statistics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIUC are $30,083.

Full UIUC Statistics Report

Top 25% in overall quality

University of Washington - Seattle Campus ranked #22 on this year’s Best Value Stats Schools for a Master’s For Those Making $30-$48k list. University of Washington - Seattle Campus is a large public school situated in Seattle, Washington. It awarded 34 masters’s stats degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at UW Seattle are $30,294.

Full University of Washington - Seattle Campus Statistics Report

#23

University of California - Berkeley

Berkeley, California
#19 in overall quality

University of California - Berkeley ranked #23 on this year’s Best Value Stats Schools for a Master’s For Those Making $30-$48k list. University of California - Berkeley is a public institution located in Berkeley, California. The school has a large population, and it awarded 52 masters’s degrees in 2019-2020.

UC Berkeley did well in our major quality rankings, too. It placed #19 on our “Best Statistics Master’s Degree Schools” list. Average graduate tuition and fees at University of California - Berkeley are $29,347, but you may pay more or less depending on your major.

Read more about Statistics at UC Berkeley

#24

Georgetown University

Washington, District of Columbia

Georgetown University landed the #24 spot on the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking. Georgetown is located in Washington, District of Columbia and, has a fairly large student population. In 2019-2020, this school awarded 40 masters’s stats degrees to qualified students.

Average graduate tuition and fees at Georgetown are $53,591, but some majors have different tuition rates.

Full Georgetown Statistics Report

#25

Indiana University - Bloomington

Bloomington, Indiana

Indiana University - Bloomington came in at #25 in this year’s edition of the Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking. Indiana University - Bloomington is a large public school situated in Bloomington, Indiana. It awarded 21 masters’s stats degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana University - Bloomington are $33,338.

Read more about Statistics at Indiana University - Bloomington

Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

  • Credit for the banner image above goes to QWFP.

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