New Product Development Manager Salary

Average Yearly Salary
Updated May 19, 2020
$97,000
$77,000
Min 10%
$97,000
Median 50%
$121,000
Max 90%
Best Paying Company
Kaman
Highest Paying City
San Francisco, CA
Highest Paying State
New Jersey
Average Experience Level
3.5 years
How much does a new product development manager make?
As a New Product Development Manager in the USA, you can expect to earn on average $97,358 per year or $46.81 per hour. Those in the bottom 10 percent make under $78,000 a year, and the top 10 percent make over $121,000. Most New Product Development Manager jobs are in Health Care companies and Technology companies. States with the highest New Product Development Manager salaries include New Jersey, New York, Connecticut, Rhode Island, and Alaska. The typical employment for a New Product Development Manager is 3.5 years.

Average New Product Development Manager Salary By Location

As a New Product Development Manager in the U.S., you can expect to earn on average $97,358 per year or $46.81 per hour. San Francisco, CA reports the highest annual salary for New Product Development Managers at 136,235. Even as an entry-level New Product Development Manager, you will make $87,000 per year in San Francisco, CA. New Jersey, New York, Connecticut, Rhode Island, and Alaska are the states with the highest payscale for New Product Development Managers. Mississippi, Alabama, Texas, Louisiana, and Florida have the lowest reported salaries for New Product Development Managers.

Map of New Product Development Manager Salaries

The darker areas on the map show where New Product Development Managers earn the highest salaries across all 50 states.

Average Salary:

Average New Product Development Manager Salary By Company

New Product Development Manager jobs offer good job security, but the wages reported in some industries are higher than others. Most New Product Development Manager jobs are in Health Care companies and Health Care companies. Kaman and United Technologies are the highest paying companies. Companies like Morgan Stanley and Belcan also report very competitive wages for New Product Development Managers.
Company
Average Salary
$101,461
$101k
$99,098
$99k
$98,090
$98k
$95,420
$95k
$95,353
$95k

Average New Product Development Manager Pay By Industry

New Product Development Manager salaries can vary depending on the industry. Our data shows that Technology companies, Media companies, and Retail companies tend to have the highest salaries for New Product Development Managers. Salaries for New Product Development Managers in Technology companies average $101,133 annually, while Media companies and Retail companies pay $99,408 and $98,977, respectively. The average salary for New Product Development Managers in the Manufacturing industry is lower than the rest, coming in at $95,618.
Industry
Average Salary
Technology
Technology
$101,133
$101k
Media
Media
$99,408
$99k
Retail
Retail
$98,977
$99k
Manufacturing
Manufacturing
$95,618
$96k

New Product Development Manager Salary History

Compare salaries for individual cities or states with the national average.

National Average
Ashburn, VA