| Rk | Team | Record | Rating | Conference | |
|---|---|---|---|---|---|
| 1 | Ohio State | (10-0-0) | 0.8513 | Big Ten | |
| 2 | Notre Dame | (9-1-0) | 0.7943 | Independent | |
| 3 | Oklahoma | (10-0-0) | 0.7494 | Big Seven | |
| 4 | Georgia Tech | (8-3-0) | 0.6899 | Southeastern | |
| 5 | Miami (Florida) | (8-1-0) | 0.6776 | Independent | |
| 6 | UCLA | (9-0-0) | 0.6483 | Pacific Coast | |
| 7 | Arkansas | (8-3-0) | 0.6452 | Southwest | |
| 8 | Navy | (8-2-0) | 0.6337 | Independent | |
| 9 | Wisconsin | (7-2-0) | 0.6212 | Big Ten | |
| 10 | Auburn | (8-3-0) | 0.6192 | Southeastern | |
| 11 | Rice | (7-3-0) | 0.5700 | Southwest | |
| 12 | Southern Methodist | (6-3-1) | 0.5686 | Southwest | |
| 13 | Maryland | (7-2-1) | 0.5504 | Atlantic Coast | |
| 14 | West Virginia | (8-1-0) | 0.5443 | Southern | |
| 15 | Army | (7-2-0) | 0.5340 | Independent | |
| 16 | Duke | (8-2-1) | 0.5285 | Atlantic Coast | |
| 17 | Mississippi | (9-2-0) | 0.5194 | Southeastern | |
| 18 | Minnesota | (7-2-0) | 0.5084 | Big Ten | |
| 19 | Purdue | (5-3-1) | 0.5064 | Big Ten | |
| 20 | Baylor | (7-4-0) | 0.5033 | Southwest | |
| 21 | Virginia Tech | (8-0-1) | 0.4969 | Southern | |
| 22 | Kentucky | (7-3-0) | 0.4783 | Southeastern | |
| 23 | Iowa | (5-4-0) | 0.4745 | Big Ten | |
| 24 | Florida | (5-5-0) | 0.4614 | Southeastern | |
| 25 | Michigan | (6-3-0) | 0.4418 | Big Ten | |
| 26 | Penn State | (7-2-0) | 0.4372 | Independent | |
| 27 | Wichita State | (9-1-0) | 0.4358 | Missouri Valley | |
| 28 | Denver | (9-1-0) | 0.4354 | Mountain States | |
| 29 | Southern California | (8-4-0) | 0.4322 | Pacific Coast | |
| 30 | Georgia | (6-3-1) | 0.4258 | Southeastern | |
| 31 | Texas | (4-5-1) | 0.3835 | Southwest | |
| 32 | Colorado | (7-2-1) | 0.3789 | Big Seven | |
| 33 | Texas Tech | (7-2-1) | 0.3605 | Border | |
| 34 | Pittsburgh | (4-5-0) | 0.3592 | Independent | |
| 35 | Boston College | (8-1-0) | 0.3538 | Independent | |
| 36 | South Carolina | (6-4-0) | 0.3526 | Atlantic Coast | |
| 37 | Texas Christian | (4-6-0) | 0.3419 | Southwest | |
| 38 | Mississippi State | (6-4-0) | 0.2964 | Southeastern | |
| 39 | Louisiana State | (5-6-0) | 0.2933 | Southeastern | |
| 40 | California | (5-5-0) | 0.2848 | Pacific Coast | |
| 41 | Oregon | (6-4-0) | 0.2833 | Pacific Coast | |
| 42 | Kansas State | (7-3-0) | 0.2820 | Big Seven | |
| 43 | Boston University | (7-2-0) | 0.2796 | Independent | |
| 44 | Colgate | (5-2-2) | 0.2777 | Independent | |
| 45 | Clemson | (5-5-0) | 0.2760 | Atlantic Coast | |
| 46 | Yale | (5-3-1) | 0.2695 | Ivy | |
| 47 | Brown | (6-2-1) | 0.2642 | Ivy | |
| 48 | Nebraska | (6-5-0) | 0.2578 | Big Seven | |
| 49 | Missouri | (4-5-1) | 0.2475 | Big Seven | |
| 50 | San Jose State | (7-3-0) | 0.2470 | Independent | |
| 51 | Cincinnati | (8-2-0) | 0.2369 | Independent | |
| 52 | Oklahoma State | (5-4-1) | 0.2355 | Missouri Valley | |
| 53 | Arizona | (7-3-0) | 0.2336 | Border | |
| 54 | Alabama | (4-5-2) | 0.2303 | Southeastern | |
| 55 | Wyoming | (6-4-0) | 0.2270 | Mountain States | |
| 56 | Princeton | (5-3-1) | 0.2118 | Ivy | |
| 57 | Cornell | (5-4-0) | 0.2113 | Ivy | |
| 58 | Michigan State | (3-6-0) | 0.2111 | Big Ten | |
| 59 | North Carolina | (4-5-1) | 0.1986 | Atlantic Coast | |
| 60 | Texas-El Paso | (8-3-0) | 0.1955 | Border | |
| 61 | Houston | (5-5-0) | 0.1940 | Missouri Valley | |
| 62 | Harvard | (4-3-1) | 0.1689 | Ivy | |
| 63 | Stanford | (4-6-0) | 0.1568 | Pacific Coast | |
| 64 | Indiana | (3-6-0) | 0.1494 | Big Ten | |
| 65 | Florida State | (8-4-0) | 0.0991 | Independent | |
| 66 | Northwestern | (2-7-0) | 0.0947 | Big Ten | |
| 67 | Tennessee | (4-6-0) | 0.0933 | Southeastern | |
| 68 | Syracuse | (4-4-0) | 0.0753 | Independent | |
| 69 | Virginia | (3-6-0) | 0.0725 | Atlantic Coast | |
| 70 | Richmond | (5-4-0) | 0.0685 | Southern | |
| 71 | Texas A&M | (1-9-0) | 0.0578 | Southwest | |
| 72 | Davidson | (6-3-0) | 0.0559 | Southern | |
| 73 | New Mexico | (5-5-0) | 0.0486 | Border | |
| 74 | Tulane | (1-6-3) | 0.0478 | Southeastern | |
| 75 | Pacific | (4-5-0) | 0.0450 | Independent | |
| 76 | William & Mary | (4-4-2) | 0.0407 | Southern | |
| 77 | Wake Forest | (2-7-1) | 0.0391 | Atlantic Coast | |
| 78 | Dartmouth | (3-6-0) | 0.0261 | Ivy | |
| 79 | Vanderbilt | (2-7-0) | 0.0245 | Southeastern | |
| 80 | Washington State | (4-6-0) | 0.0222 | Pacific Coast | |
| 81 | Holy Cross | (3-7-0) | 0.0039 | Independent | |
| 82 | Illinois | (1-8-0) | -0.0110 | Big Ten | |
| 83 | Marquette | (3-5-1) | -0.0113 | Independent | |
| 84 | Utah State | (4-6-0) | -0.0193 | Mountain States | |
| 85 | Utah | (4-7-0) | -0.0235 | Mountain States | |
| 86 | Arizona State | (5-5-0) | -0.0267 | Border | |
| 87 | Furman | (5-5-0) | -0.0404 | Southern | |
| 88 | Virginia Military Institute | (4-6-0) | -0.0436 | Southern | |
| 89 | Iowa State | (3-6-0) | -0.0446 | Big Seven | |
| 90 | North Carolina State | (2-8-0) | -0.0684 | Atlantic Coast | |
| 91 | George Washington | (1-7-1) | -0.0838 | Southern | |
| 92 | Idaho | (4-5-0) | -0.0998 | Pacific Coast | |
| 93 | Colorado State | (3-7-0) | -0.1086 | Mountain States | |
| 94 | Washington | (2-8-0) | -0.1127 | Pacific Coast | |
| 95 | Montana | (3-6-0) | -0.1257 | Pacific Coast | |
| 96 | Hardin-Simmons | (4-6-0) | -0.1394 | Border | |
| 97 | Rutgers | (3-6-0) | -0.1446 | Independent | |
| 98 | Detroit Mercy | (2-7-0) | -0.2172 | Independent | |
| 99 | Fordham | (1-7-1) | -0.2373 | Independent | |
| 100 | Oregon State | (1-8-0) | -0.2645 | Pacific Coast | |
| 101 | Pennsylvania | (0-9-0) | -0.2838 | Ivy | |
| 102 | Drake | (2-7-0) | -0.2953 | Missouri Valley | |
| 103 | Tulsa | (0-11-0) | -0.3062 | Missouri Valley | |
| 104 | Kansas | (0-10-0) | -0.3368 | Big Seven | |
| 105 | Columbia | (1-8-0) | -0.3490 | Ivy | |
| 106 | Brigham Young | (1-8-0) | -0.3695 | Mountain States | |
| 107 | West Texas A&M | (1-8-0) | -0.3815 | Border | |
| 108 | Citadel | (2-8-0) | -0.3851 | Southern | |
| 109 | Villanova | (1-9-0) | -0.4719 | Independent | |
| 110 | New Mexico State | (0-9-0) | -0.8936 | Border |
Average Ratings by Conference (1954)
| Rk | Conference | Rating | |
|---|---|---|---|
| 1 | Southwest | 0.4386 | |
| 2 | Big Ten | 0.3848 | |
| 3 | Southeastern | 0.3483 | |
| 4 | Atlantic Coast | 0.2437 | |
| 5 | Big Seven | 0.2192 | |
| 6 | Independent | 0.1986 | |
| 7 | Pacific Coast | 0.1225 | |
| 8 | Southern | 0.0726 | |
| 9 | Ivy | 0.0649 | |
| 10 | Missouri Valley | 0.0527 | |
| 11 | Mountain States | 0.0236 | |
| 12 | Border | -0.0754 |