Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for product managers in the United States. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:
- There are over 41,370 product managers currently employed in the United States.
- 34.7% of all product managers are women, while 65.3% are men.
- The average age of an employed product manager is 38 years old.
- The most common ethnicity of product managers is White (71.5%), followed by Hispanic or Latino (11.8%), Asian (9.7%) and Black or African American (4.2%).
- Product managers are most in-demand in New York, NY.
- San Francisco, CA pays an annual average wage of $132,367, the highest in the US.
- In 2021, women earned 96% of what men earned.
- California is the best state for product managers to live.
- Product managers are 72% more likely to work at public companies in comparison to private companies.
Product Manager Statistics By Gender
34.7% of product managers are women and 65.3% of product managers are men.
- Male, 65.3%
- Female, 34.7%
Product Managers By Gender
Gender Pay Gap For Product Manager
Women Earn 96¢ For Every $1 Earned By Men
Product Manager Gender Over Time
This data shows how men and women predominate in the product manager position over time.
Product Manager Gender By Year
Product Manager Male to Female Ratio
We compared this job title with other job titles to see how gender percentages varied. As you can see, sales superintendent and route sales manager have the biggest difference in gender.
|Catering Sales Manager||19%||81%|
|Director Of Admissions And Marketing||20%||80%|
|Media Traffic Manager||20%||80%|
|Director Of Sales Engineering||93%||7%|
|Route Sales Manager||94%||6%|
Product Manager Statistics By Race
The most common ethnicity among product managers is White, which makes up 71.5% of all product managers. Comparatively, there are 11.8% of the Hispanic or Latino ethnicity and 9.7% of the Asian ethnicity.
- White, 71.5%
- Hispanic or Latino, 11.8%
- Asian, 9.7%
- Black or African American, 4.2%
- Unknown, 2.5%
- American Indian and Alaska Native, 0.3%
Product Manager Race
|Product Manager Race||Percentages|
|Hispanic or Latino||11.8%|
|Black or African American||4.2%|
|American Indian and Alaska Native||0.3%|
Product Manager Race And Ethnicity Over Time
Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2010-2019 among product managers.
- Hispanic or Latino
- Black or African American
Product Manager Race By Year
|Year||White||Black or African American||Asian||Hispanic or Latino|
Product Manager Wage Gap By Race
|Black or African American||$111,120|
|Hispanic or Latino||$111,399|
Product Manager JOBS
Average Age of a Product Manager
We determined the average age of product managers based on ethnicity and gender.
Product Manager Age By Race
|Race||Male Age||Female Age|
|Black or African American||38||37.5|
|Hispanic or Latino||36||36|
Product Manager Age Breakdown
This chart breaks down the ages of product manager employees. Interestingly enough, the average age of product managers is 40+ years old, which represents 42% of the population.
Product Manager Age
|Product Manager Years||Percentages|
Types of Product Manager Degree Levels
The most common degree for product managers is bachelor's degree 72% of product managers earn that degree. A close second is master's degree with 17% and rounding it off is associate degree with 7%.
- Bachelors, 72%
- Masters, 17%
- Associate, 7%
- High School Diploma, 1%
- Other Degrees, 3%
Product Managers By Education
|Product Manager Degree||Percentages|
|High School Diploma||1%|
Product Manager Jobs You Might Like
Product Manager Wage Gap By Education
Product Manager Employment Statistics
This section highlights information about where product managers work. We found most product managers work for a public company. In addition, the industry that employs the most product managers is the technology industry.
We created this chart to show you the average size of companies that typically hire product managers.
< 50 employees
50 - 100 employees
100 - 500 employees
500 - 1,000 employees
1,000 - 10,000 employees
Product Manager Jobs By Employer Size
|< 50 employees||0%|
|50 - 100 employees||1%|
|100 - 500 employees||3%|
|500 - 1,000 employees||6%|
|1,000 - 10,000 employees||37%|
|> 10,000 employees||53%|
The Types Of Companies Product Manager Work In
Employees with the product manager job title have their preferences when it comes to working for a company. For instance, most product managers prefer to work at public companies over private companies.
Product Manager Jobs By Sector
Top Industries Hiring Product Managers
Just based on the number of employees within each industry, we were able to determine the most common industries that employ product managers. Those industries include technology, finance and finance.
Product Manager Turnover And Employment Statistics
Product Manager Unemployment Rate Over Time
The Bureau of Labor Statistics came in clutch when it came down to figuring out how the unemployment rate has changed over time. Between 2008 and 2018, this is how the number of product managers changed.
- Unemployment rate
Product Manager Unemployment Rate By Year
|Year||Product Manager Unemployment Rate|
The Average Number of Years That Product Manager Stay in a Job
By looking over 41,262 product managers resumes, we figured out that the average product manager enjoys staying at their job for 1-2 years for a percentage of 42%.
Less than one year
Product Manager Tenure
|Number or Years||Percentages|
|Less than 1 year||11%|
Comparing The LGBT Ratio of Product Managers with Other Job Titles
After finding the gender ratio, we wondered if the percentages of LGBT persons were different as well. Using the data below, you can see how other job titles compare to product managers.
|Job Title||LGBT||Job Openings|
|Business Office Director||7.93%||83,491|
|Internet Sales Consultant||9.38%||28,456|
|Payroll/Human Resource Manager||13.02%||48,899|
|Advertising Production Manager||14.95%||56,812|
|Planned Giving Officer||15.79%||55,918|
Foreign Languages Spoken By Product Managers
The most common foreign language among product managers is Spanish at 34.8%. The second-most popular foreign language spoken is French at 12.0% and Mandarin is the third-most popular at 8.7%.
- Spanish, 34.8%
- French, 12.0%
- Mandarin, 8.7%
- Chinese, 8.6%
- German, 7.7%
- Other, 28.2%
Product Manager Languages Spoken