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Manager, product research and development salary

Average manager, product research and development salary

$107,581

$51.72 hourly rate

Entry-level manager, product research and development salary
$75,000 yearly salary
Updated January 8, 2025

Understanding the Salary of a Manager in Product Research and Development

The average salary for a Manager in Product Research and Development is approximately $107,581 per year, translating to about $52 per hour. Salaries vary widely based on factors such as experience level, geographic location, and industry sector. For instance, a manager with several years of experience can command significantly higher compensation.

Salary by State

States like California and New York often report some of the highest salaries for this role. In addition, urban areas typically offer better pay due to a higher cost of living. Understanding these trends can help professionals negotiate better salaries and choose locations that enhance their earning potential.

Job Opportunities

Positions in technology and pharmaceuticals tend to offer higher salaries and increased job security. Employers in these sectors actively seek skilled managers to lead product development initiatives, making it a promising career path. With continuous advancements in product innovation, the demand for experienced managers remains strong.

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Where can a Manager, Product Research And Development earn more?

Compare salary by location
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161k
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61k
Columbus, OH$132,289
Des Moines, IA$90,772
Compare salary by company
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ByteDance$161,576
WeWork$81,426

Manager, product research and development salaries by experience level

Experience levelAvg. salaryHourly rate
Entry-level manager, product research and development$79,900$38.40
Mid-level manager, product research and development$85,300$41.01
Senior-level manager, product research and development$194,000$93.29

Average manager, product research and development salary by state

The average manager, product research and development salary in California, New York, and Washington are the highest in the U.S. The lowest average manager, product research and development salary states are Kentucky, Colorado, and Vermont.

  • State view
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Average salary:

Highest paying states for managers, product research and development

RankStateAvg. salaryHourly rate
1Oregon$114,764$55.17
2Rhode Island$110,912$53.32
3California$119,592$57.50
4Arizona$108,905$52.36
5Washington$116,279$55.90
6New Mexico$102,162$49.12
7Nevada$104,761$50.37
8Pennsylvania$98,391$47.30
9New York$118,071$56.76
10New Jersey$109,830$52.80
11North Carolina$110,669$53.21
12Illinois$102,013$49.04
13Idaho$104,342$50.16
14Alaska$102,473$49.27
15Delaware$104,559$50.27
16Minnesota$94,891$45.62
17Utah$93,277$44.84
18West Virginia$96,392$46.34
19Texas$92,104$44.28
20North Dakota$92,761$44.60
21Tennessee$92,782$44.61
22Indiana$95,336$45.83
23Wisconsin$91,909$44.19
24Massachusetts$99,916$48.04
25Connecticut$99,932$48.04
26Ohio$90,241$43.39
27Virginia$98,022$47.13
28Maine$94,537$45.45
29District of Columbia$97,692$46.97
30Montana$88,133$42.37
31Nebraska$89,223$42.90
32Iowa$91,155$43.82
33Michigan$87,009$41.83
34Mississippi$90,969$43.74
35Alabama$90,198$43.36
36Oklahoma$90,392$43.46
37South Dakota$84,555$40.65
38Maryland$96,093$46.20
39Georgia$85,367$41.04
40Arkansas$85,463$41.09
41South Carolina$89,801$43.17
42Hawaii$85,327$41.02
43Vermont$82,082$39.46
44Louisiana$88,004$42.31
45Wyoming$85,796$41.25
46New Hampshire$85,296$41.01
47Kentucky$84,160$40.46
48Kansas$81,988$39.42
49Colorado$82,835$39.82
50Florida$77,430$37.23
51Missouri$80,157$38.54
Top manager, product research and development jobs near you

Highest paying cities for managers, product research and development

The highest-paying cities for managers, product research and development are Menlo Park, CA, New York, NY, and Carson City, NV.

RankCityAvg. salaryHourly rate
1Menlo Park, CA$132,289$63.60
2New York, NY$118,571$57.01
3Carson City, NV$112,472$54.07
4Providence, RI$110,695$53.22
5Scottsdale, AZ$109,345$52.57
6Dover, DE$104,508$50.24
7Chicago, IL$102,379$49.22
8Juneau, AK$101,866$48.97
9Trumbull, CT$100,331$48.24
10Boston, MA$99,786$47.97
11Middletown, PA$99,171$47.68
12Annapolis, MD$96,247$46.27
13Charleston, WV$95,715$46.02
14Indianapolis, IN$95,270$45.80
15Minneapolis, MN$94,920$45.63
16Bismarck, ND$92,880$44.65
17Austin, TX$92,262$44.36
18Madison, WI$91,693$44.08
19Jackson, MS$91,500$43.99
20Des Moines, IA$90,772$43.64

Manager, product research and development salary details

A manager, product research and development's salary ranges from $75,000 a year at the 10th percentile to $152,000 at the 90th percentile.

Average manager, product research and development salary graph
Average manager, product research and development salary graph, trends, and summary

What is a manager, product research and development's salary?

PercentileAnnual salaryMonthly salaryHourly rate
90th Percentile$152,000$12,667$73
75th Percentile$129,000$10,750$62
Average$107,581$8,965$52
25th Percentile$89,000$7,417$43
10th Percentile$75,000$6,250$36

Highest paying manager, product research and development jobs

The highest paying types of managers, product research and development are vice president product development, product director, and director of product development.

Job titleAnnual salaryMonthly salaryHourly rateJob openings
Web Manager$82,696$6,891$39.76107,495
Development & Program Manager$102,824$8,569$49.43186,222
Product Director$148,910$12,409$71.59125,200
Product Manager$111,729$9,311$53.72125,678
Product Line Manager$97,237$8,103$46.75158,908
Development Manager$110,678$9,223$53.21111,137

Top companies hiring managers, product research and development now:

  1. ByteDance jobs (4)
  2. Starbucks jobs (4)
  3. Kemper jobs (2)
  4. BMC Software jobs (2)
  5. The Coca-Cola Company jobs (2)

Which companies pay managers, product research and development the most?

Manager, product research and development salaries at ByteDance and Gillette are the highest-paying according to our most recent salary estimates. In addition, the average manager, product research and development salary at companies like Bristol-Myers Squibb and CDW are highly competitive.

RankCompanyAverage salaryHourly rate
1ByteDance$161,576$77.68
2Gillette$131,981$63.45
3Bristol-Myers Squibb$125,336$60.26
4CDW$124,842$60.02
5Riot Games$123,257$59.26
6The Coca-Cola Company$115,787$55.67
7P&G$114,502$55.05
8PepsiCo$114,150$54.88
9Crane Co.$113,022$54.34
10Blommer Chocolate$105,190$50.57
11PCA SKIN$102,967$49.50
12DFS Corporate Services LLC$100,151$48.15
13U.S. Bank$95,860$46.09
14TE Connectivity Networks�Inc$95,503$45.91
15Supportworks$94,493$45.43
16Henkel$93,952$45.17
17Mitel$92,332$44.39
18Ferrero$90,205$43.37
19GenScript$82,390$39.61
20WeWork$81,426$39.15

Wage gap by gender, race and education

$109,000$107,600$106,200$104,800$103,400$102,000
MaleFemale

Manager, Product Research And Development salary by industry

The average manager, product research and development salary varies across industries:

  • The average manager, product research and development salary in the start-up industry is $159,341, the highest of any industry.
  • The average manager, product research and development salary in the finance industry is $106,013.
  • Managers, product research and development in the pharmaceutical industry earn an average salary of $90,039, the lowest of any industry.

Highest paying industries for managers, product research and development

RankIndustryAverage salaryHourly rate
1Start-up$159,341$76.61
2Manufacturing$106,013$50.97
3Professional$91,116$43.81
4Pharmaceutical$90,039$43.29

High paying manager, product research and development jobs

Manager, product research and development salary trends

The average manager, product research and development salary has risen by $19,795 over the last ten years. In 2014, the average manager, product research and development earned $87,786 annually, but today, they earn $107,581 a year. That works out to a 8% change in pay for managers, product research and development over the last decade.

Compare manager, product research and development salaries for cities or states with the national average over time.

Average manager, product research and development salary over time

Compare manager, product research and development salaries for individual cities or states with the national average.

Manager, product research and development salary by year

YearAvg. salaryHourly rate% Change
2025$108,000$51.72+3.7%
2024$104,000$49.79+1.9%
2023$102,000$48.86+1.5%
2022$100,000$48.11+0.8%
2021$99,300$47.72+1.9%

Recently added manager, product research and development salaries

CompanyJobLocationDate addedSalary
Andersen CorporationR&D Product Development Manager ICottage Grove, MN06/25/2025$108,941
Te Connectivity Ltd.Manager, R&D Product Development EngineeringWilsonville, OR06/18/2025$128,100
Kelly ServicesR&D Product Development ManagerSan Fernando, CA06/06/2025$90,000
SnapManager, Product ResearchLos Angeles, CA05/25/2025$190,000
StrykerSenior Manager-Product Development, R&DMahwah, NJ05/16/2025$129,600
Procter & GambleNA Private Fleet-Innovation ManagerCincinnati, OH05/15/2025$85,000
SnapManager, Product ResearchLos Angeles, CA04/28/2025$190,000
Instrumentation Laboratory CompanyManager, R&D Product TransferSan Diego, CA04/28/2025$135,000
Stryker CorporationManager, R&D-Product EngineeringDenver, CO04/23/2025$115,600
Te Connectivity Ltd.MGR II R&D/Product DVL Engineering Signal Integrity (Remote)Middletown, PA04/04/2025$162,000

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