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2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k

119 Ranked Colleges
3,440 Degrees Awarded
$41,600 Avg Grad Tuition & Fees*
Best Value Stats Schools for a Master's For Those Making $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Stats Schools for a Master’s For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 8,203 people earned their degree in statistics, making the major the 100th most popular in the United States.

At the master’s degree level specifically, there were 3,440 statistics graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Stats Schools for a Master’s For Those Making $30-$48k” ranking looked at 119 colleges that offer degrees in a bachelor’s in statistics. This ranking identifies schools with high-quality statistics programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the statistics program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank Statistics Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Stats Schools for a Master’s For Those Making $30-$48k” list, to help you choose the best school for you.

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 colleges and universities below are the best for master’s degree stats students whose families make $30-$48k.

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

#1

Stanford University

Stanford, California
#2 in overall quality

You’ll be in good company if you decide to attend Stanford University. It ranked #1 on our 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Stanford are $55,011.

Read more about Statistics at Stanford

#2

Duke University

Durham, North Carolina
#5 in overall quality

You’ll be in good company if you decide to attend Duke University. It ranked #2 on our 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k list. Duke University is a fairly large school located in Durham, North Carolina that handed out 36 masters’s stats degrees in 2019-2020.

In addition to being on our master’s degree stats students whose families make $30-$48k list, Duke has also earned the #5 rank in our “Best Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Duke are $59,140, but you may pay more or less depending on your major.

Read more about Statistics at Duke University

#3

Rice University

Houston, Texas
#4 in overall quality

You’ll be in good company if you decide to attend Rice University. It ranked #3 on our 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k list. Rice is a private not-for-profit institution located in Houston, Texas. The school has a medium-sized population, and it awarded 27 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Rice, the school also landed the #4 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 Rice are $47,913.

Read more about Statistics at Rice University

#4

University of Pennsylvania

Philadelphia, Pennsylvania
#3 in overall quality

Out of the 119 schools in the Best Value Stats Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, University of Pennsylvania landed the #4 spot on the list. 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 not only placed well in this ranking. It is also #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 University of Pennsylvania are $41,760.

Full University of Pennsylvania Statistics Report

#5

University of Chicago

Chicago, Illinois
#1 in overall quality

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. UChicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 180 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at UChicago, the school also landed the #1 spot in our “Best Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at UChicago are $61,548, but you may pay more or less depending on your major.

Read more about Statistics at UChicago

#6

Harvard University

Cambridge, Massachusetts
#10 in overall quality

Harvard University ranked #6 on this year’s Best Value Stats Schools for a Master’s For Those Making $30-$48k list. Located in Cambridge, Massachusetts, this large private not-for-profit school awarded 17 degrees to qualified masters’s stats students in 2019-2020.

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

Read more about Statistics at Harvard

#7

Washington University in St Louis

Saint Louis, Missouri
#12 in overall quality

With a ranking of #7, Washington University in St Louis did quite well on the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k list. WUSTL is located in Saint Louis, Missouri and, has a fairly large student population. In 2019-2020, this school awarded 15 masters’s stats degrees to qualified students.

WUSTL also made our “Best Statistics Master’s Degree Schools” list, coming in at #12. Average graduate tuition and fees at WUSTL are $56,562, but some majors have different tuition rates.

Read full report on Statistics at WUSTL

#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. Baltimore, Maryland is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s stats degrees to 28 students in 2019-2020.

Johns Hopkins did well in our major quality rankings, too. It placed #9 on our “Best Statistics Master’s Degree Schools” list. Average graduate tuition and fees at Johns Hopkins are $59,425, but some majors have different tuition rates.

Read more about Statistics at Johns Hopkins University

#9

Northwestern University

Evanston, Illinois
#15 in overall quality

Northwestern University did quite well in the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking, coming in at #9. This large school is located in Evanston, Illinois, and it awarded 11 masters’s stats degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #15 spot in our “Best Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.

Read more about Statistics at Northwestern University

#10

Cornell University

Ithaca, New York
#6 in overall quality

Cornell University did quite well in the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking, coming in at #10. This large school is located in Ithaca, New York, and it awarded 61 masters’s stats degrees in 2019-2020.

Cornell not only placed well in this ranking. It is also #6 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 Cornell University are $30,042.

Read more about Statistics at Cornell University

#8 in overall quality

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. Columbia is a large school located in New York, New York that handed out 429 masters’s stats degrees in 2019-2020.

In addition to being on our master’s degree stats students whose families make $30-$48k list, Columbia has also earned the #8 rank in our “Best Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Columbia University in the City of New York are $51,194, but you may pay more or less depending on your major.

Full Columbia Statistics Report

#20 in overall quality

University of Wisconsin - Madison came in at #12 in this year’s edition of the Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking. University of Wisconsin - Madison is a large public school situated in Madison, Wisconsin. It awarded 90 masters’s stats degrees in 2019-2020.

UW - Madison also made our “Best Statistics Master’s Degree Schools” list, coming in at #20. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Wisconsin - Madison are $25,523.

Read more about Statistics at UW - Madison

#13

University of Michigan - Ann Arbor

Ann Arbor, Michigan
#14 in overall quality

With a ranking of #13, University of Michigan - Ann Arbor did quite well on the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k list. University of Michigan - Ann Arbor is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 89 masters’s stats degrees to qualified students.

U-M not only placed well in this ranking. It is also #14 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 U-M are $49,548.

Read more about Statistics at University of Michigan - Ann Arbor

#14

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 #14. University of Florida is a large public school situated in Gainesville, Florida. It awarded 9 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 University of Florida are $30,130.

Read full report on Statistics at University of Florida

#15

Tufts University

Medford, Massachusetts

Tufts University did quite well in the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking, coming in at #15. Located in Medford, Massachusetts, this fairly large private not-for-profit school handed out 1 degrees to qualified masters’s stats students in 2019-2020.

Tufts did well in our major quality rankings, too. It placed #0 on our “Best Statistics Master’s Degree Schools” list. Average graduate tuition and fees at Tufts are $55,168, but some majors have different tuition rates.

Read full report on Statistics at Tufts University

#16

Purdue University - Main Campus

West Lafayette, Indiana

With a ranking of #16, Purdue University - Main Campus did quite well on the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k list. This large school is located in West Lafayette, Indiana, and it awarded 30 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 Purdue are $28,794.

Read more about Statistics at Purdue

#17

University of Virginia - Main Campus

Charlottesville, Virginia
#23 in overall quality

University of Virginia - Main Campus did quite well in the 2022 Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking, coming in at #17. University of Virginia is a large school located in Charlottesville, Virginia that handed out 39 masters’s stats degrees in 2019-2020.

As a testament to the quality of education offered at University of Virginia, the school also landed the #23 spot in our “Best Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Virginia - Main Campus are $32,394, but you may pay more or less depending on your major.

Read full report on Statistics at University of Virginia - Main Campus

#18 in overall quality

With a ranking of #18, 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. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s stats degrees to 94 students in 2019-2020.

UIUC did well in our major quality rankings, too. It placed #18 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 University of Illinois at Urbana-Champaign are $30,083.

Read full report on Statistics at University of Illinois at Urbana-Champaign

Top 25% in overall quality

University of Washington - Seattle Campus came in at #19 in this year’s edition of the Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking. Seattle, Washington is the setting for this large institution of higher learning. The public school handed out masters’s stats degrees to 34 students in 2019-2020.

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

Full UW Seattle Statistics Report

#20

University of California - Berkeley

Berkeley, California
#19 in overall quality

University of California - Berkeley ranked #20 on this year’s Best Value Stats Schools for a Master’s For Those Making $30-$48k list. Located in Berkeley, California, this large public school handed out 52 diplomas to qualified masters’s stats students in 2019-2020.

UC Berkeley not only placed well in this ranking. It is also #19 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 University of California - Berkeley are $29,347.

Full UC Berkeley Statistics Report

#21

Indiana University - Bloomington

Bloomington, Indiana

Indiana University - Bloomington ranked #21 on this year’s Best Value Stats Schools for a Master’s For Those Making $30-$48k list. Located in Bloomington, Indiana, this large public school handed out 12 degrees to qualified masters’s stats students in 2019-2020.

Average graduate tuition and fees at IU Bloomington are $33,338, but you may pay more or less depending on your major.

Read full report on Statistics at Indiana University - Bloomington

#22

Baruch College

New York, New York

Baruch College ranked #22 on this year’s Best Value Stats Schools for a Master’s For Those Making $30-$48k list. Baruch College is a fairly large school located in New York, New York that handed out 38 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 Baruch College are $20,880.

Full Baruch Statistics Report

#23

Carnegie Mellon University

Pittsburgh, Pennsylvania
#7 in overall quality

Carnegie Mellon University came in at #23 in this year’s edition of the Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking. Carnegie Mellon University is a fairly large school located in Pittsburgh, Pennsylvania that handed out 41 masters’s stats degrees in 2019-2020.

Carnegie Mellon not only placed well in this ranking. It is also #7 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 Carnegie Mellon University are $47,326.

Full Carnegie Mellon University Statistics Report

#24

University of California - Los Angeles

Los Angeles, California
#17 in overall quality

University of California - Los Angeles came in at #24 in this year’s edition of the Best Value Stats Schools for a Master’s For Those Making $30-$48k ranking. University of California - Los Angeles is a large public school situated in Los Angeles, California. It awarded 18 masters’s stats degrees in 2019-2020.

UCLA did well in our major quality rankings, too. It placed #17 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 University of California - Los Angeles are $28,131.

Full UCLA Statistics Report

Georgia Institute of Technology - Main Campus 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. Georgia Tech is a large school located in Atlanta, Georgia that handed out 28 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 Georgia Tech are $31,334.

Read more about Statistics at Georgia Institute of Technology - Main Campus

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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