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

GenderPercentages
Male65.3%
Female34.7%

Gender Pay Gap For Product Manager

Women Earn 96¢ For Every $1 Earned By Men

male-income
Male Income
$115,412
female-income
Female Income
$110,935

Product Manager Gender Over Time

This data shows how men and women predominate in the product manager position over time.

Male
Female
100%
80%
60%
40%
20%
0%
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019

Product Manager Gender By Year

YearMaleFemale
201080.32%19.68%
201180.08%19.92%
201280.52%19.48%
201380.47%19.53%
201479.17%20.83%
201578.83%21.17%
201678.74%21.26%
201777.98%22.02%
201866.22%33.78%
201965.24%34.76%

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.

Job TitleMaleFemale
Catering Sales Manager19%81%
Director Of Admissions And Marketing20%80%
Media Traffic Manager20%80%
Product Manager65%35%
Director Of Sales Engineering93%7%
Route Sales Manager94%6%
Sales Superintendent95%5%

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 RacePercentages
White71.5%
Hispanic or Latino11.8%
Asian9.7%
Black or African American4.2%
Unknown2.5%
American Indian and Alaska Native0.3%

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.

  • White
  • Asian
  • Hispanic or Latino
  • Black or African American

Product Manager Race By Year

YearWhiteBlack or African AmericanAsianHispanic or Latino
201076.92%4.87%6.47%9.75%
201176.70%4.77%6.66%9.89%
201275.71%5.40%6.56%10.32%
201376.55%4.63%6.81%10.07%
201475.37%5.24%6.71%10.61%
201574.99%4.66%7.46%10.77%
201674.60%4.79%7.50%10.68%
201774.53%4.76%7.68%10.80%
201873.39%4.43%8.95%10.73%
201971.51%4.24%9.67%11.79%

Product Manager Wage Gap By Race

Asian product managers have the highest average salary compared to other ethnicities. Black or african american product managers have the lowest average salary at $111,120.
$120,000
$118,000
$116,000
$114,000
$112,000
$110,000
Unknown
White
Black or African American
Asian
Hispanic or Latino
EthnicitySalary
Unknown$112,057
White$113,251
Black or African American$111,120
Asian$118,041
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.

Male
Female

Product Manager Age By Race

RaceMale AgeFemale Age
Unknown3832
White3937
Black or African American3837.5
Asian3937
Hispanic or Latino3636

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.

40+ years

30-40 years

20-30 years


Product Manager Age

Product Manager YearsPercentages
40+ years42%
30-40 years38%
20-30 years19%

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 DegreePercentages
Bachelors72%
Masters17%
Associate7%
High School Diploma1%
Other Degrees3%

Product Manager Jobs You Might Like

Product Manager Wage Gap By Education

Product managers with a Doctorate degree earn more than those without, at $129,617 annually. With a Masters degree, product managers earn a median annual income of $126,332 compared to $110,935 for product managers with an Bachelors degree.
$131,000
$127,000
$123,000
$119,000
$115,000
$111,000
$107,000
Master's Degree
Bachelor's Degree
Doctorate Degree
EducationSalary
Master's Degree$126,332
Bachelor's Degree$110,935
Doctorate Degree$129,617

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.

Company Size

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

> 10,000

Product Manager Jobs By Employer Size

Company SizePercentages
< 50 employees0%
50 - 100 employees1%
100 - 500 employees3%
500 - 1,000 employees6%
1,000 - 10,000 employees37%
> 10,000 employees53%

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.

Public

Private

Product Manager Jobs By Sector

Company TypePercentages
Public72%
Private27%
Government0%

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.

Fortune 500

Technology

Manufacturing

Finance

Retail

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

YearProduct Manager Unemployment Rate
20107.47%
20116.19%
20125.30%
20134.87%
20143.70%
20153.36%
20163.08%
20172.97%
20183.34%
20193.54%

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

1-2 years

3-4 years

5-7 years

8-10 years

11+ years

Product Manager Tenure

Number or YearsPercentages
Less than 1 year11%
1-2 years42%
3-4 years19%
5-7 years15%
8-10 years6%
11+ years7%

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 TitleLGBTJob Openings
Business Office Director7.93%83,491
Project Administrator8.41%141,253
Product Manager9.28%
Internet Sales Consultant9.38%28,456
Payroll/Human Resource Manager13.02%48,899
Advertising Production Manager14.95%56,812
Planned Giving Officer15.79%55,918

Product Manager LGBT Demographics

ProfessionPercentages of LGBT Job Openings
Business Office Director7.93%83,491
Project Administrator8.41%141,253
Internet Sales Consultant9.38%28,456
Payroll/Human Resource Manager13.02%48,899
Advertising Production Manager14.95%56,812
Planned Giving Officer15.79%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

Foreign LanguagePercentages
Spanish34.8%
French12.0%
Mandarin8.7%
Chinese8.6%
German7.7%
Other28.2%

Product Manager Jobs

Recently Added Product Manager Jobs

Product Manager Heatmaps

The amount you can make as a product manager can depend on where you live. For example, the highest salary of product managers is $201,528. Use our chart to find out where that salary is located.

Where Do Product Managers Earn The Most?

Product managers earn the most in California, where the average product manager salary is $123,009. The map here shows where product managers earn the highest salaries in the U.S. The darker areas across the 50 states highlight the highest salaries.

Average Salary

Which State Has The Most Product Managers?

By looking through more than 41,262 resumes, we found that the most popular places for product managers are New York, NY and San Francisco, CA.

Number of Product Managers

Number Of Product Manager Jobs By State

Where Are Product Managers In High Demand?

Product managers are in high demand in New York, NY. There are currently 471 job openings for product managers here. We looked over job openings to determine where in the country product managers are in the most demand.

Jobs Openings

Product Manager Demographics FAQs

What Percentage Of Product Managers Are Female?

34.8% of product managers are female in the United States. This is 1.0 percentage points higher than last year. Additionally, the percentage of female product managers has increased by 15.1 percentage points since 2010. That means there are a total of 14,396 female product managers in the U.S. and 26,974 male product managers in the United States. Note that Zippia's estimate accounts only for the 41,370 people with the specific job title of product manager and doesn't include grouping similar job titles, or people with potentially similar credentialing.

How Many Product Manager Are There In The Us?

There are over 43,603 Product Managers in the United States.

What Percentage Of Product Managers Are Black?

4.2% of Product Managers are Black or African American

What Race Are Most Product Managers?

Most a are White, with 71.5% of Product Managers belonging to this ethnicity. 11.8% of Product Managers are Hispanic or Latino, 9.7% of Product Managers are Asian, 4.2% of Product Managers are Black or African American, 2.5% of Product Managers are Unknown, and 0.3% of Product Managers are American Indian and Alaska Native

Are Product Manager Jobs Male - Dominated ?

Yes, Product Manager jobs are male - dominated. 65% of Product Managers are male, and 34% are female, so there are more male Product Managers than female Product Managers in the United States.

How Old Is The Average Product Manager ?

The average Product Manager is 39 years old. 42% of Product Managers are 40+ years old or older, 38% are between the ages of 30-40 years, and 19% are between 20-30 years old

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