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Product development manager salary
Average product development manager salary
$113,437
Average Salary for Product Development Managers
The average salary for a Product Development Manager stands at $113,437 annually, translating to approximately $55 per hour. This role is essential in driving innovation and product strategies in various sectors, including technology, manufacturing, and consumer goods.
Salary by Experience Level
Entry-level positions typically start around $80,000, while experienced managers can earn upwards of $150,000 depending on their expertise and the complexity of the projects they oversee. With each additional year of experience, managers can expect salary increases, reflecting their growing skills and responsibilities.
Highest Paying States
States like California, New York, and Texas consistently offer the highest salaries for Product Development Managers. For example, in California, the average salary can reach $130,000 or more, influenced by the high demand for skilled professionals in tech hubs.
Job Opportunities
Many companies are actively seeking qualified candidates for Product Development Manager roles. Those interested should leverage platforms like Zippia to explore job openings and gain insights into the requirements and expectations of potential employers.
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Where can a Product Development Manager earn more?
Product development manager salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level product development manager | $84,200 | $40.49 |
| Mid-level product development manager | $89,900 | $43.24 |
| Senior-level product development manager | $205,000 | $98.37 |
Product development manager salary estimates from across the web
Average product development manager salary by state
The highest-paying states for product development managers are Nevada, California, and Louisiana. The lowest average product development manager salary states are Wisconsin, Alabama, and Iowa.
- State view
- County view
Highest paying states for product development managers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Nevada | $136,380 | $65.57 |
| 2 | Oregon | $123,698 | $59.47 |
| 3 | California | $132,759 | $63.83 |
| 4 | Washington | $120,346 | $57.86 |
| 5 | Arizona | $117,992 | $56.73 |
| 6 | Michigan | $115,469 | $55.51 |
| 7 | Pennsylvania | $113,027 | $54.34 |
| 8 | Utah | $112,830 | $54.25 |
| 9 | New Hampshire | $118,434 | $56.94 |
| 10 | Louisiana | $125,641 | $60.40 |
| 11 | Oklahoma | $117,446 | $56.46 |
| 12 | Texas | $113,507 | $54.57 |
| 13 | Massachusetts | $112,819 | $54.24 |
| 14 | Montana | $104,385 | $50.19 |
| 15 | Idaho | $114,263 | $54.93 |
| 16 | Missouri | $110,625 | $53.19 |
| 17 | Illinois | $110,668 | $53.21 |
| 18 | New Mexico | $103,745 | $49.88 |
| 19 | Rhode Island | $103,368 | $49.70 |
| 20 | Arkansas | $101,677 | $48.88 |
| 21 | New York | $105,024 | $50.49 |
| 22 | North Carolina | $106,371 | $51.14 |
| 23 | New Jersey | $106,501 | $51.20 |
| 24 | Georgia | $102,071 | $49.07 |
| 25 | Indiana | $102,270 | $49.17 |
| 26 | Connecticut | $111,236 | $53.48 |
| 27 | Minnesota | $98,910 | $47.55 |
| 28 | District of Columbia | $100,693 | $48.41 |
| 29 | Ohio | $97,786 | $47.01 |
| 30 | Nebraska | $98,809 | $47.50 |
| 31 | Alaska | $102,029 | $49.05 |
| 32 | Colorado | $102,604 | $49.33 |
| 33 | Maine | $102,022 | $49.05 |
| 34 | Maryland | $104,500 | $50.24 |
| 35 | North Dakota | $96,067 | $46.19 |
| 36 | Tennessee | $96,375 | $46.33 |
| 37 | Virginia | $102,483 | $49.27 |
| 38 | West Virginia | $97,891 | $47.06 |
| 39 | South Dakota | $95,780 | $46.05 |
| 40 | Kentucky | $97,069 | $46.67 |
| 41 | Wyoming | $98,551 | $47.38 |
| 42 | Wisconsin | $94,016 | $45.20 |
| 43 | Kansas | $94,312 | $45.34 |
| 44 | Delaware | $100,480 | $48.31 |
| 45 | Mississippi | $98,025 | $47.13 |
| 46 | Vermont | $94,429 | $45.40 |
| 47 | Florida | $86,791 | $41.73 |
| 48 | Iowa | $89,305 | $42.94 |
| 49 | Hawaii | $82,124 | $39.48 |
| 50 | Alabama | $89,944 | $43.24 |
| 51 | South Carolina | $89,034 | $42.80 |
Highest paying cities for product development managers
The highest-paying cities for product development managers are San Francisco, CA, Las Vegas, NV, and Seattle, WA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $141,223 | $67.90 |
| 2 | Las Vegas, NV | $135,817 | $65.30 |
| 3 | Seattle, WA | $120,592 | $57.98 |
| 4 | Phoenix, AZ | $118,214 | $56.83 |
| 5 | Carrollton, TX | $114,298 | $54.95 |
| 6 | Allentown, PA | $113,535 | $54.58 |
| 7 | Boston, MA | $112,912 | $54.28 |
| 8 | Hartford, CT | $111,379 | $53.55 |
| 9 | Chicago, IL | $110,842 | $53.29 |
| 10 | Saint Louis, MO | $110,761 | $53.25 |
| 11 | Raleigh, NC | $106,636 | $51.27 |
| 12 | Edison, NJ | $106,511 | $51.21 |
| 13 | New York, NY | $105,061 | $50.51 |
| 14 | Bowie, MD | $104,399 | $50.19 |
| 15 | Littleton, CO | $102,756 | $49.40 |
| 16 | Alpharetta, GA | $102,247 | $49.16 |
| 17 | Indianapolis, IN | $102,186 | $49.13 |
| 18 | Washington, DC | $100,808 | $48.47 |
| 19 | Austin, MN | $98,659 | $47.43 |
| 20 | Columbus, OH | $97,539 | $46.89 |
Product development manager salary details
A product development manager's salary ranges from $84,000 a year at the 10th percentile to $152,000 at the 90th percentile.
What is a product development manager's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $152,000 | $12,667 | $73 |
| 75th Percentile | $132,000 | $11,000 | $63 |
| Average | $113,437 | $9,453 | $55 |
| 25th Percentile | $96,000 | $8,000 | $46 |
| 10th Percentile | $84,000 | $7,000 | $40 |
Highest paying product development manager jobs
The highest paying types of product development managers are vice president product development, product management director, and product director.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Product Lead | $118,828 | $9,902 | $57.13 | 95,557 |
| Product Management Director | $156,724 | $13,060 | $75.35 | 170,460 |
| Product Director | $148,910 | $12,409 | $71.59 | 125,200 |
| Business Development And Marketing Manager | $75,369 | $6,281 | $36.23 | 182,239 |
| Vice President Product Development | $168,835 | $14,070 | $81.17 | 180,783 |
| Director Of Product Development | $140,507 | $11,709 | $67.55 | 175,429 |
Top companies hiring product development managers now:
Which companies pay product development managers the most?
Product development manager salaries at Meta and PayPal are the highest-paying according to our most recent salary estimates. In addition, the average product development manager salary at companies like Airbnb and ByteDance are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Meta | $160,813 | $77.31 |
| 2 | PayPal | $160,168 | $77.00 |
| 3 | Airbnb | $158,005 | $75.96 |
| 4 | ByteDance | $156,507 | $75.24 |
| 5 | Apple | $154,353 | $74.21 |
| 6 | $154,349 | $74.21 | |
| 7 | NVIDIA | $153,949 | $74.01 |
| 8 | Sagent Pharmaceuticals | $151,361 | $72.77 |
| 9 | Waymo | $151,030 | $72.61 |
| 10 | $148,799 | $71.54 | |
| 11 | Databricks | $147,621 | $70.97 |
| 12 | Levi Strauss & Co. | $146,774 | $70.56 |
| 13 | F5 | $146,056 | $70.22 |
| 14 | PVH | $142,874 | $68.69 |
| 15 | Five Below | $142,225 | $68.38 |
| 16 | The Walt Disney Company | $141,172 | $67.87 |
| 17 | Revlon | $140,444 | $67.52 |
| 18 | Varian Medical Systems | $139,849 | $67.24 |
| 19 | Barnes & Noble | $139,414 | $67.03 |
| 20 | Western Digital | $137,823 | $66.26 |
Wage gap by gender, race and education
Product development manager salary trends
The average product development manager salary has risen by $20,873 over the last ten years. In 2014, the average product development manager earned $92,564 annually, but today, they earn $113,437 a year. That works out to a 8% change in pay for product development managers over the last decade.
Compare product development manager salaries for cities or states with the national average over time.
Average product development manager salary over time
Compare product development manager salaries for individual cities or states with the national average.
Product development manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $113,000 | $54.54 | +3.7% |
| 2024 | $109,000 | $52.50 | +1.9% |
| 2023 | $107,000 | $51.51 | +1.5% |
| 2022 | $106,000 | $50.72 | +0.8% |
| 2021 | $105,000 | $50.32 | +1.9% |
Recently added product development manager salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Carrier | Aftermarket Product Development Manager | East Syracuse, NY | 06/30/2025 | $90,263 |
| Guardian Life | Manager, Product Development Support | Holmdel, NJ | 06/30/2025 | $101,180 |
| Franklin Templeton | Product Development & Strategy Manager-Alternative Investments | New York, NY | 06/30/2025 | $150,000 |
| Troopswap | Staff Product Manager-Developer Platform | Mountain View, CA | 06/29/2025 | $200,000 |
| Get It-Professional Services | Manager, Product Development-Remote | WFH | Ladson, SC | 06/29/2025 | $102,000 |
| Get It Recruit-Transportation | Product Development Manager-Remote | WFH | Emerald Isle, NC | 06/29/2025 | $103,000 |
| Cambia Health Solutions | Product Development Manager | Portland, OR | 06/28/2025 | $134,300 |
| Farmers | Personal Lines Product Development Manager | Hartford, CT | 06/27/2025 | $119,920 |
| Meta | AI Developer Efficiency Product Manager | Sunnyvale, CA | 06/26/2025 | $202,000 |
| Otterbox | Consumer Product Development Manager | Fort Collins, CO | 06/26/2025 | $77,100 |
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