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Working as a Commercial Product Manager

There is more than meets the eye when it comes to being a commercial product manager. For example, did you know that they make an average of $47.37 an hour? That's $98,528 a year!

Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.

What Does a Commercial Product Manager Do

There are certain skills that many commercial product managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, creativity and communication skills.

When it comes to the most important skills required to be a commercial product manager, we found that a lot of resumes listed 36.9% of commercial product managers included product development, while 8.4% of resumes included revenue growth, and 8.0% of resumes included business development. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the commercial product manager job title. But what industry to start with? Most commercial product managers actually find jobs in the finance and manufacturing industries.

How To Become a Commercial Product Manager

If you're interested in becoming a commercial product manager, one of the first things to consider is how much education you need. We've determined that 50.6% of commercial product managers have a bachelor's degree. In terms of higher education levels, we found that 29.1% of commercial product managers have master's degrees. Even though most commercial product managers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a commercial product manager. When we researched the most common majors for a commercial product manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on commercial product manager resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a commercial product manager. In fact, many commercial product manager jobs require experience in a role such as product manager. Meanwhile, many commercial product managers also have previous career experience in roles such as regional sales manager or project manager.

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Average Salary$98,528
Job Growth Rate8%

Commercial Product Manager Jobs

Commercial Product Manager Career Paths

Top Careers Before Commercial Product Manager

Top Careers After Commercial Product Manager

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Average Salary for a Commercial Product Manager

Commercial Product Managers in America make an average salary of $98,528 per year or $47 per hour. The top 10 percent makes over $139,000 per year, while the bottom 10 percent under $69,000 per year.
Average Salary
$98,528

Best Paying Cities

Average Salary
Salary Range108k - 210k$151k$151,223
Salary Range100k - 176k$133k$132,868
Salary Range96k - 169k$128k$128,166
Salary Range90k - 169k$123k$123,486
Salary Range83k - 131k$105k$104,628
Salary Range74k - 146k$104k$104,328
$56k
$210k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Commercial Product Manager
Commercial Product Manager
Braun Corporation
Braun Corporation
05/02/2019
05/02/2019
$66,35205/02/2019
$66,352
Product Manager, Commercial Auto
Product Manager, Commercial Auto
Cover-All Systems, Inc.
Cover-All Systems, Inc.
09/27/2018
09/27/2018
$109,73209/27/2018
$109,732
Commercial Product Manager
Commercial Product Manager
Fujitsu General America, Inc.
Fujitsu General America, Inc.
10/26/2017
10/26/2017
$100,00010/26/2017
$100,000
Assistant Commercial Product Manager
Assistant Commercial Product Manager
Farmers Group, Inc.
Farmers Group, Inc.
10/12/2017
10/12/2017
$98,88010/12/2017
$98,880
Product Manager-Commercial Outdoor Air Products
Product Manager-Commercial Outdoor Air Products
Goodman Manufacturing Company, L.P.
Goodman Manufacturing Company, L.P.
09/20/2016
09/20/2016
$102,16009/20/2016
$102,160
See More Recent Salaries

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Commercial Product Manager Demographics

Gender

male

66.5%

female

29.0%

unknown

4.5%

Ethnicity

White

74.7%

Hispanic or Latino

11.0%

Asian

7.5%

Foreign Languages Spoken

Spanish

19.4%

German

9.7%

French

9.7%
See More Demographics

Commercial Product Manager Education

Majors

Degrees

Bachelors

50.6%

Masters

29.1%

Associate

8.9%

Top Colleges for Commercial Product Managers

1. University of Georgia

Athens, GA

Tuition and fees
$11,830
Enrollment
29,474

2. University of Wisconsin - Madison

Madison, WI

Tuition and fees
$10,555
Enrollment
30,360

3. University of Minnesota - Twin Cities

Minneapolis, MN

Tuition and fees
$14,760
Enrollment
31,451

4. Purdue University

West Lafayette, IN

Tuition and fees
$9,992
Enrollment
33,495

5. Howard University

Washington, DC

Tuition and fees
$26,756
Enrollment
6,166

6. Ohio State University

Columbus, OH

Tuition and fees
$10,726
Enrollment
45,769

7. University of Texas at Austin

Austin, TX

Tuition and fees
$10,610
Enrollment
40,329

8. University of Southern California

Los Angeles, CA

Tuition and fees
$56,225
Enrollment
19,548

9. University of Pennsylvania

Philadelphia, PA

Tuition and fees
$55,584
Enrollment
10,764

10. SUNY at Binghamton

Vestal, NY

Tuition and fees
$9,808
Enrollment
13,990
See More Education Info

Entry Level Jobs For Becoming A Commercial Product Manager

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Full Time
Part Time
Internship
Temporary

Top Skills For a Commercial Product Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 36.9% of commercial product managers listed product development on their resume, but soft skills such as analytical skills and creativity are important as well.

Best States For a Commercial Product Manager

Some places are better than others when it comes to starting a career as a commercial product manager. The best states for people in this position are California, New York, Virginia, and New Jersey. Commercial product managers make the most in California with an average salary of $130,906. Whereas in New York and Virginia, they would average $129,573 and $126,359, respectively. While commercial product managers would only make an average of $126,243 in New Jersey, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Commercial Product Manager Jobs:
2,462
Highest 10% Earn:
$208,000
Location Quotient:
1.55
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. California

Total Commercial Product Manager Jobs:
7,125
Highest 10% Earn:
$219,000
Location Quotient:
1.83
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. New Jersey

Total Commercial Product Manager Jobs:
1,048
Highest 10% Earn:
$203,000
Location Quotient:
1.12
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Commercial Product Manager Employers

1. Cummins
4.6
Avg. Salary: 
$68,332
Commercial Product Managers Hired: 
8+
2. Farmers Insurance
4.5
Avg. Salary: 
$49,343
Commercial Product Managers Hired: 
8+
3. HP
4.8
Avg. Salary: 
$88,383
Commercial Product Managers Hired: 
4+
4. Kodak
4.2
Avg. Salary: 
$67,785
Commercial Product Managers Hired: 
3+
5. MCI
4.4
Avg. Salary: 
$64,951
Commercial Product Managers Hired: 
2+
6. AbbVie
4.9
Avg. Salary: 
$93,555
Commercial Product Managers Hired: 
2+

Recently Added Commercial Product Manager Jobs

Updated October 2, 2020