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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.
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.
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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| Experience level | Avg. salary | Hourly 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 |
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.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Oregon | $114,764 | $55.17 |
| 2 | Rhode Island | $110,912 | $53.32 |
| 3 | California | $119,592 | $57.50 |
| 4 | Arizona | $108,905 | $52.36 |
| 5 | Washington | $116,279 | $55.90 |
| 6 | New Mexico | $102,162 | $49.12 |
| 7 | Nevada | $104,761 | $50.37 |
| 8 | Pennsylvania | $98,391 | $47.30 |
| 9 | New York | $118,071 | $56.76 |
| 10 | New Jersey | $109,830 | $52.80 |
| 11 | North Carolina | $110,669 | $53.21 |
| 12 | Illinois | $102,013 | $49.04 |
| 13 | Idaho | $104,342 | $50.16 |
| 14 | Alaska | $102,473 | $49.27 |
| 15 | Delaware | $104,559 | $50.27 |
| 16 | Minnesota | $94,891 | $45.62 |
| 17 | Utah | $93,277 | $44.84 |
| 18 | West Virginia | $96,392 | $46.34 |
| 19 | Texas | $92,104 | $44.28 |
| 20 | North Dakota | $92,761 | $44.60 |
| 21 | Tennessee | $92,782 | $44.61 |
| 22 | Indiana | $95,336 | $45.83 |
| 23 | Wisconsin | $91,909 | $44.19 |
| 24 | Massachusetts | $99,916 | $48.04 |
| 25 | Connecticut | $99,932 | $48.04 |
| 26 | Ohio | $90,241 | $43.39 |
| 27 | Virginia | $98,022 | $47.13 |
| 28 | Maine | $94,537 | $45.45 |
| 29 | District of Columbia | $97,692 | $46.97 |
| 30 | Montana | $88,133 | $42.37 |
| 31 | Nebraska | $89,223 | $42.90 |
| 32 | Iowa | $91,155 | $43.82 |
| 33 | Michigan | $87,009 | $41.83 |
| 34 | Mississippi | $90,969 | $43.74 |
| 35 | Alabama | $90,198 | $43.36 |
| 36 | Oklahoma | $90,392 | $43.46 |
| 37 | South Dakota | $84,555 | $40.65 |
| 38 | Maryland | $96,093 | $46.20 |
| 39 | Georgia | $85,367 | $41.04 |
| 40 | Arkansas | $85,463 | $41.09 |
| 41 | South Carolina | $89,801 | $43.17 |
| 42 | Hawaii | $85,327 | $41.02 |
| 43 | Vermont | $82,082 | $39.46 |
| 44 | Louisiana | $88,004 | $42.31 |
| 45 | Wyoming | $85,796 | $41.25 |
| 46 | New Hampshire | $85,296 | $41.01 |
| 47 | Kentucky | $84,160 | $40.46 |
| 48 | Kansas | $81,988 | $39.42 |
| 49 | Colorado | $82,835 | $39.82 |
| 50 | Florida | $77,430 | $37.23 |
| 51 | Missouri | $80,157 | $38.54 |
The highest-paying cities for managers, product research and development are Menlo Park, CA, New York, NY, and Carson City, NV.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Menlo Park, CA | $132,289 | $63.60 |
| 2 | New York, NY | $118,571 | $57.01 |
| 3 | Carson City, NV | $112,472 | $54.07 |
| 4 | Providence, RI | $110,695 | $53.22 |
| 5 | Scottsdale, AZ | $109,345 | $52.57 |
| 6 | Dover, DE | $104,508 | $50.24 |
| 7 | Chicago, IL | $102,379 | $49.22 |
| 8 | Juneau, AK | $101,866 | $48.97 |
| 9 | Trumbull, CT | $100,331 | $48.24 |
| 10 | Boston, MA | $99,786 | $47.97 |
| 11 | Middletown, PA | $99,171 | $47.68 |
| 12 | Annapolis, MD | $96,247 | $46.27 |
| 13 | Charleston, WV | $95,715 | $46.02 |
| 14 | Indianapolis, IN | $95,270 | $45.80 |
| 15 | Minneapolis, MN | $94,920 | $45.63 |
| 16 | Bismarck, ND | $92,880 | $44.65 |
| 17 | Austin, TX | $92,262 | $44.36 |
| 18 | Madison, WI | $91,693 | $44.08 |
| 19 | Jackson, MS | $91,500 | $43.99 |
| 20 | Des Moines, IA | $90,772 | $43.64 |
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.

| Percentile | Annual salary | Monthly salary | Hourly 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 |
The highest paying types of managers, product research and development are vice president product development, product director, and director of product development.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Web Manager | $82,696 | $6,891 | $39.76 | 107,495 |
| Development & Program Manager | $102,824 | $8,569 | $49.43 | 186,222 |
| Product Director | $148,910 | $12,409 | $71.59 | 125,200 |
| Product Manager | $111,729 | $9,311 | $53.72 | 125,678 |
| Product Line Manager | $97,237 | $8,103 | $46.75 | 158,908 |
| Development Manager | $110,678 | $9,223 | $53.21 | 111,137 |
Top companies hiring managers, product research and development now:
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.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | ByteDance | $161,576 | $77.68 |
| 2 | Gillette | $131,981 | $63.45 |
| 3 | Bristol-Myers Squibb | $125,336 | $60.26 |
| 4 | CDW | $124,842 | $60.02 |
| 5 | Riot Games | $123,257 | $59.26 |
| 6 | The Coca-Cola Company | $115,787 | $55.67 |
| 7 | P&G | $114,502 | $55.05 |
| 8 | PepsiCo | $114,150 | $54.88 |
| 9 | Crane Co. | $113,022 | $54.34 |
| 10 | Blommer Chocolate | $105,190 | $50.57 |
| 11 | PCA SKIN | $102,967 | $49.50 |
| 12 | DFS Corporate Services LLC | $100,151 | $48.15 |
| 13 | U.S. Bank | $95,860 | $46.09 |
| 14 | TE Connectivity Networks�Inc | $95,503 | $45.91 |
| 15 | Supportworks | $94,493 | $45.43 |
| 16 | Henkel | $93,952 | $45.17 |
| 17 | Mitel | $92,332 | $44.39 |
| 18 | Ferrero | $90,205 | $43.37 |
| 19 | GenScript | $82,390 | $39.61 |
| 20 | WeWork | $81,426 | $39.15 |
The average manager, product research and development salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Start-up | $159,341 | $76.61 |
| 2 | Manufacturing | $106,013 | $50.97 |
| 3 | Professional | $91,116 | $43.81 |
| 4 | Pharmaceutical | $90,039 | $43.29 |
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.
Compare manager, product research and development salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly 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% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Andersen Corporation | R&D Product Development Manager I | Cottage Grove, MN | 06/25/2025 | $108,941 |
| Te Connectivity Ltd. | Manager, R&D Product Development Engineering | Wilsonville, OR | 06/18/2025 | $128,100 |
| Kelly Services | R&D Product Development Manager | San Fernando, CA | 06/06/2025 | $90,000 |
| Snap | Manager, Product Research | Los Angeles, CA | 05/25/2025 | $190,000 |
| Stryker | Senior Manager-Product Development, R&D | Mahwah, NJ | 05/16/2025 | $129,600 |
| Procter & Gamble | NA Private Fleet-Innovation Manager | Cincinnati, OH | 05/15/2025 | $85,000 |
| Snap | Manager, Product Research | Los Angeles, CA | 04/28/2025 | $190,000 |
| Instrumentation Laboratory Company | Manager, R&D Product Transfer | San Diego, CA | 04/28/2025 | $135,000 |
| Stryker Corporation | Manager, R&D-Product Engineering | Denver, CO | 04/23/2025 | $115,600 |
| Te Connectivity Ltd. | MGR II R&D/Product DVL Engineering Signal Integrity (Remote) | Middletown, PA | 04/04/2025 | $162,000 |
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