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The average salary for a Product Associate in the United States is $88,155 annually, or approximately $42 per hour. This figure can be influenced by several factors including geographic location, years of experience, and the specific industry. For instance, Product Associates in tech or finance tend to earn higher salaries compared to those in retail.
Understanding where Product Associates can earn more is crucial for career planning. For example, states like California and New York offer some of the highest salaries, reflecting the demand for skilled professionals in major urban areas. In contrast, regions with a lower cost of living may provide lower salary averages.
Entry-level Product Associates can expect to start at a lower salary, while those with several years of experience or specialized skills can command significantly higher wages. Career advancement opportunities, such as moving into managerial roles, can further boost earning potential.
By staying informed about salary trends, Product Associates can position themselves effectively in the job market and negotiate better compensation packages.
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The highest-paying states for product associates are California, Alaska, and New York. The lowest average product associate salary states are South Carolina, Iowa, and Florida.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $113,844 | $54.73 |
| 2 | Maine | $96,436 | $46.36 |
| 3 | New Hampshire | $97,522 | $46.89 |
| 4 | Wisconsin | $96,815 | $46.55 |
| 5 | Rhode Island | $111,000 | $53.37 |
| 6 | Arizona | $100,269 | $48.21 |
| 7 | Pennsylvania | $91,622 | $44.05 |
| 8 | Nevada | $98,302 | $47.26 |
| 9 | California | $117,688 | $56.58 |
| 10 | Alaska | $114,953 | $55.27 |
| 11 | Hawaii | $112,770 | $54.22 |
| 12 | Washington | $110,220 | $52.99 |
| 13 | Connecticut | $104,140 | $50.07 |
| 14 | Ohio | $85,482 | $41.10 |
| 15 | Michigan | $85,631 | $41.17 |
| 16 | Missouri | $91,325 | $43.91 |
| 17 | Oregon | $101,259 | $48.68 |
| 18 | Vermont | $98,076 | $47.15 |
| 19 | Tennessee | $84,668 | $40.71 |
| 20 | Texas | $87,629 | $42.13 |
| 21 | Delaware | $94,024 | $45.20 |
| 22 | North Carolina | $85,821 | $41.26 |
| 23 | New Jersey | $88,853 | $42.72 |
| 24 | New Mexico | $88,242 | $42.42 |
| 25 | Idaho | $90,892 | $43.70 |
| 26 | Kansas | $85,147 | $40.94 |
| 27 | District of Columbia | $101,245 | $48.68 |
| 28 | West Virginia | $81,282 | $39.08 |
| 29 | Kentucky | $81,071 | $38.98 |
| 30 | Massachusetts | $89,931 | $43.24 |
| 31 | Montana | $86,792 | $41.73 |
| 32 | Colorado | $85,042 | $40.89 |
| 33 | Arkansas | $82,149 | $39.49 |
| 34 | Utah | $82,856 | $39.83 |
| 35 | Illinois | $83,922 | $40.35 |
| 36 | Louisiana | $80,468 | $38.69 |
| 37 | Georgia | $78,973 | $37.97 |
| 38 | Indiana | $79,058 | $38.01 |
| 39 | Nebraska | $82,332 | $39.58 |
| 40 | Maryland | $79,801 | $38.37 |
| 41 | North Dakota | $80,789 | $38.84 |
| 42 | Wyoming | $79,406 | $38.18 |
| 43 | South Carolina | $72,790 | $35.00 |
| 44 | Florida | $72,609 | $34.91 |
| 45 | Mississippi | $72,444 | $34.83 |
| 46 | Virginia | $71,674 | $34.46 |
| 47 | Oklahoma | $73,606 | $35.39 |
| 48 | South Dakota | $76,331 | $36.70 |
| 49 | Alabama | $70,748 | $34.01 |
| 50 | Iowa | $72,696 | $34.95 |
| 51 | Minnesota | $76,262 | $36.66 |
The highest-paying cities for product associates are San Francisco, CA, New York, NY, and Greenwich, CT.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $123,409 | $59.33 |
| 2 | New York, NY | $114,031 | $54.82 |
| 3 | Greenwich, CT | $104,184 | $50.09 |
| 4 | Hillsboro, OR | $100,909 | $48.51 |
| 5 | Neenah, WI | $97,723 | $46.98 |
| 6 | Newark, DE | $94,158 | $45.27 |
| 7 | Philadelphia, PA | $92,051 | $44.26 |
| 8 | Boston, MA | $89,936 | $43.24 |
| 9 | Hoboken, NJ | $89,101 | $42.84 |
| 10 | Austin, TX | $88,792 | $42.69 |
| 11 | Detroit, MI | $86,006 | $41.35 |
| 12 | Englewood, CO | $85,105 | $40.92 |
| 13 | Columbus, OH | $85,033 | $40.88 |
| 14 | Charlotte, NC | $84,699 | $40.72 |
| 15 | Chicago, IL | $84,292 | $40.52 |
| 16 | Omaha, NE | $82,460 | $39.64 |
| 17 | Bentonville, AR | $81,920 | $39.38 |
| 18 | Baltimore, MD | $79,988 | $38.46 |
| 19 | Alpharetta, GA | $78,912 | $37.94 |
| 20 | Indianapolis, IN | $78,902 | $37.93 |
A product associate's salary ranges from $62,000 a year at the 10th percentile to $124,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $124,000 | $10,333 | $60 |
| 75th Percentile | $105,000 | $8,750 | $50 |
| Average | $88,155 | $7,346 | $42 |
| 25th Percentile | $73,000 | $6,083 | $35 |
| 10th Percentile | $62,000 | $5,167 | $30 |
The highest paying types of product associates are product consultant, associate, and staff associate.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Product Consultant | $93,452 | $7,788 | $44.93 | 77,419 |
| Product Coordinator | $50,707 | $4,226 | $24.38 | 74,640 |
Top companies hiring product associates now:
Product associate salaries at McKinsey & Company Inc and Google are the highest-paying according to our most recent salary estimates. In addition, the average product associate salary at companies like Pacific Investment Management Company LLC and Netflix are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | McKinsey & Company Inc | $135,990 | $65.38 |
| 2 | $134,923 | $64.87 | |
| 3 | Pacific Investment Management Company LLC | $130,203 | $62.60 |
| 4 | Netflix | $127,823 | $61.45 |
| 5 | Adams Street Partners | $127,134 | $61.12 |
| 6 | Lord Abbett | $125,894 | $60.53 |
| 7 | Citi | $124,875 | $60.04 |
| 8 | Novartis | $123,217 | $59.24 |
| 9 | Eli Lilly and Company | $122,985 | $59.13 |
| 10 | Cisco | $122,982 | $59.13 |
| 11 | $122,019 | $58.66 | |
| 12 | Barclays | $121,552 | $58.44 |
| 13 | SAP | $120,595 | $57.98 |
| 14 | BNY Mellon | $119,587 | $57.49 |
| 15 | Bayer | $119,204 | $57.31 |
| 16 | Salesforce | $117,292 | $56.39 |
| 17 | Morgan Stanley | $116,834 | $56.17 |
| 18 | JPMorgan Chase & Co. | $116,622 | $56.07 |
| 19 | AQR Capital Management | $115,340 | $55.45 |
| 20 | Nuveen Investments | $114,943 | $55.26 |
The average product associate salary has risen by $19,760 over the last ten years. In 2014, the average product associate earned $68,395 annually, but today, they earn $88,155 a year. That works out to a 19% change in pay for product associates over the last decade.
Compare product associate salaries for cities or states with the national average over time.
Compare product associate salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $88,200 | $42.38 | +6.8% |
| 2024 | $82,200 | $39.52 | +4.2% |
| 2023 | $78,800 | $37.87 | +4.1% |
| 2022 | $75,600 | $36.33 | +2.3% |
| 2021 | $73,800 | $35.50 | +4.0% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| MUFG Americas Holdings | Counterparty Risk Associate-Structured Solutions Products | Day, NY | 06/29/2025 | $116,000 |
| CDW | Product Data Associate | Chicago, IL | 06/28/2025 | $52,175 |
| Jpmorgan Chase & Co | Senior Product Associate, Chase Travel | Wilmington, DE | 06/28/2025 | $99,750 |
| Jpmorgan Chase | Affluent Senior Product Associate | Chicago, IL | 06/28/2025 | $82,650 |
| Bank of America | Product Associate-Business Finance Controls | Fine, NY | 06/27/2025 | $85,700 |
| Jpmorgan Chase Bank, N.A | Affluent Senior Product Associate | Chicago, IL | 06/27/2025 | $82,650 |
| Wells Fargo | Business Aligned Supervisory Officer-Cross Products, Associate (TWO Roles) | Charlotte, NC | 06/27/2025 | $84,000 |
| Wells Fargo | Business Aligned Supervisory Officer-Cross Products, Associate (TWO Roles) | New York, NY | 06/27/2025 | $84,000 |
| Blackstone | Private Equity Investor Product Strategy, Associate | Fine, NY | 06/27/2025 | $105,000 |
| Global Atlantic Financial Group Limited | Associate, Annuity Product Support | Des Moines, IA | 06/26/2025 | $110,000 |
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