Average Salary
$143,004
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
117,139
Job Openings

Director Of Product Development Careers

A director of product development is responsible for the formulation and implementation of product development policies and objectives in a company. They must ensure that products align with their company's overall strategy and that consumer satisfaction is achieved. They lead the product development team and also spearhead research for new products, product upgrades, and rebrands.

A director of product development works closely with other professionals in engineering, operations, sales and marketing, finance, and software development in order to realize the company's product objectives. A successful director of product development has software engineering skills, user experience design skills, leadership skills, problem-solving skills, attention to detail, and communication skills.

A director of product development usually works 40 hours a week. This role also involves a bit of traveling to meet with different stakeholders.

There is more than meets the eye when it comes to being a director of product development. For example, did you know that they make an average of $68.75 an hour? That's $143,004 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 Director Of Product Development Do

There are certain skills that many directors of product development 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, communication skills and creativity.

When it comes to the most important skills required to be a director of product development, we found that a lot of resumes listed 11.3% of directors of product development included product development, while 9.6% of resumes included project management, and 8.7% of resumes included product management. 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 director of product development job title. But what industry to start with? Most directors of product development actually find jobs in the retail and technology industries.

How To Become a Director Of Product Development

If you're interested in becoming a director of product development, one of the first things to consider is how much education you need. We've determined that 71.3% of directors of product development have a bachelor's degree. In terms of higher education levels, we found that 17.5% of directors of product development have master's degrees. Even though most directors of product development have a college degree, it's impossible 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 director of product development. When we researched the most common majors for a director of product development, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on director of product development resumes include associate degree degrees or doctoral degree degrees.

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

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Average Salary
$143,004
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
117,139
Job Openings

Director Of Product Development Career Paths

Top Careers Before Director Of Product Development

Top Careers After Director Of Product Development

Director Of Product Development Jobs You Might Like

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Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Director Of Product Development

Directors Of Product Development in America make an average salary of $143,004 per year or $69 per hour. The top 10 percent makes over $213,000 per year, while the bottom 10 percent under $95,000 per year.
Average Salary
$143,004
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Best Paying Cities For Directors Of Product Development

City
ascdesc
Average Salarydesc
Bellevue, WA
Salary Range133k - 226k$174k$173,746
San Francisco, CA
Salary Range126k - 228k$170k$170,105
Reston, VA
Salary Range128k - 220k$168k$168,273
New York, NY
Salary Range120k - 206k$158k$157,667
Jersey City, NJ
Salary Range116k - 200k$153k$152,952
Cary, NC
Salary Range116k - 198k$152k$151,961
Troy, MI
Salary Range114k - 201k$152k$151,956
Austin, TX
Salary Range107k - 202k$147k$147,360
Providence, RI
Salary Range107k - 184k$141k$141,077
Madison, WI
Salary Range102k - 179k$136k$135,631
Atlanta, GA
Salary Range101k - 180k$135k$135,374
Columbus, OH
Salary Range103k - 177k$135k$135,361
Woodbury, MN
Salary Range100k - 177k$134k$133,914
Chicago, IL
Salary Range95k - 165k$125k$125,461
Boston, MA
Salary Range94k - 161k$124k$123,579
Tampa, FL
Salary Range73k - 143k$103k$102,820
Phoenix, AZ
Salary Range70k - 131k$96k$96,380
Provo, UT
Salary Range69k - 129k$95k$95,225
$69k
$228k

Recently Added Salaries

CompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Director, Product Development
Cimetrics, Inc.
03/24/2021
$133,00003/24/2021
Director, Product Development
ADP Technology Services, Inc.
03/18/2021
$143,93603/18/2021
Director of Product Development
Infinite Biomedical Technologies, LLC
03/17/2021
$115,00003/17/2021
Director, Product Development & Enablement
Securonix, Inc.
03/16/2021
$148,01303/16/2021
Director of Product Development
Kitchen 51 Ventures, Inc.
03/05/2021
$130,00003/05/2021
See More Recent Salaries

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Director Of Product Development Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Director Of Product Development. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Director Of Product Development Resume

At Zippia, we went through countless Director Of Product Development resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Director Of Product Development Resume Examples And Templates

Director Of Product Development Demographics

Gender

male

69.2 %

female

26.6 %

unknown

4.2 %

Ethnicity

White

73.7 %

Hispanic or Latino

10.5 %

Asian

8.9 %

Foreign Languages Spoken

Spanish

28.6 %

French

11.7 %

Mandarin

10.4 %
Show More Director Of Product Development Demographics

Director Of Product Development Education

Majors

Business
20.7 %

Degrees

Bachelors

71.3 %

Masters

17.5 %

Associate

6.6 %

Top Colleges for Director Of Product Developments

1. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

2. University of Wisconsin - Madison

Madison, WI • Private

In-State Tuition
$10,555
Enrollment
30,360

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

4. Purdue University

West Lafayette, IN • Private

In-State Tuition
$9,992
Enrollment
33,495

5. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

6. Ohio State University

Columbus, OH • Private

In-State Tuition
$10,726
Enrollment
45,769

7. University of Texas at Austin

Austin, TX • Private

In-State Tuition
$10,610
Enrollment
40,329

8. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

9. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

10. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990
Show More Director Of Product Development Education Requirements

Online Courses For Director Of Product Development That You May Like

New Product Development
edX (Global)

An effective process for conceiving, developing and launching new products or services is critical to becoming competitive in most industries. This course includes key concepts like new product development strategy, types of product development strategies and steps. This course involves (a) Organizational integration of the work of functional specialists, industrial designers, and other key participants within the firm. (b) Reducing the time-to-market while meeting cost and quality targets. ...

New Product Development - develop your own new product
coursera

New product development is essential for the survival of many companies in the Hi-Tec sector, as well as other sectors. The percentage of sales of successful business organizations tied to the successful Introduction of new products and services is high. However, the failure rate of new products development projects is also high and therefore there is a need for a methodology based on a well-designed process as well as tools and techniques to manage New Product Development (NPD) projects. Since...

Product Development & Systems Engineering
udemy
4.5
(686)

The complete Product Development & Systems Engineering course! Earn 25 contact hours AND prepare to take the INCOSE Exam...

See more
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Director Of Product Development

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, 11.3% of directors of product development listed product development on their resume, but soft skills such as analytical skills and communication skills are important as well.

Best States For a Director Of Product Development

Some places are better than others when it comes to starting a career as a director of product development. The best states for people in this position are Washington, Virginia, Connecticut, and Maryland. Directors of product development make the most in Washington with an average salary of $162,460. Whereas in Virginia and Connecticut, they would average $158,806 and $152,840, respectively. While directors of product development would only make an average of $151,531 in Maryland, 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. Washington

Total Director Of Product Development Jobs:
1,977
Highest 10% Earn:
$243,000
Location Quotient:
1.06
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. Montana

Total Director Of Product Development Jobs:
372
Highest 10% Earn:
$226,000
Location Quotient:
1.26
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 York

Total Director Of Product Development Jobs:
4,015
Highest 10% Earn:
$231,000
Location Quotient:
1.22
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
Full List Of Best States For Directors Of Product Development

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Top Director Of Product Development Employers

1. AT&T
4.7
Avg. Salary: 
$222,080
Director Of Product Developments Hired: 
21+
2. Mastercard
4.8
Avg. Salary: 
$135,341
Director Of Product Developments Hired: 
19+
3. American Express
4.8
Avg. Salary: 
$160,271
Director Of Product Developments Hired: 
19+
4. Verizon Communications
4.7
Avg. Salary: 
$222,052
Director Of Product Developments Hired: 
17+
5. UBS
4.8
Avg. Salary: 
$135,850
Director Of Product Developments Hired: 
11+
6. McKesson
4.8
Avg. Salary: 
$118,114
Director Of Product Developments Hired: 
11+

Director Of Product Development Videos

Updated August 18, 2021