Average Product Owner Salary
$101,000 yearly
$48.89 hourly
Updated August 18, 2021
$78,000
10 %
$101,000
Median
$131,000
90 %
What Is The Average Product Owner Salary?
The average product owner salary is $101,698 per year, or $48.89 per hour, in the United States. In terms of salary range, an entry level product owner salary is roughly $78,000 a year, while the top 10% makes $131,000. If you like following the crowd, technology and finance companies tend to attract the most workers in this field. But if you're in it for the money, then you'll want to seek out retail, technology, and media companies, as employees in each industry have reported the highest salaries. As most things go, location can be critical. New York, California, Virginia, Kansas, and Washington provide the highest product owner salaries.

Average Product Owner Salary By State

The darker areas on the map show where product owners earn the highest salaries across all 50 states.

Average Salary

Product Owner average salary by State

StateascdescAvg. salaryascdescHourly rateascdesc
Alabama
$91,269
$43.88
Alaska
$78,010
$37.50
Arizona
$82,662
$39.74
Arkansas
$97,037
$46.65
California
$124,913
$60.05
Colorado
$95,893
$46.10
Connecticut
$99,015
$47.60
Delaware
$112,422
$54.05
District of Columbia
$102,586
$49.32
Florida
$87,253
$41.95
Georgia
$97,810
$47.02
Hawaii
$93,270
$44.84
Idaho
$82,754
$39.79
Illinois
$89,364
$42.96
Indiana
$80,638
$38.77
Iowa
$72,611
$34.91
Kansas
$119,971
$57.68
Kentucky
$78,404
$37.69
Louisiana
$85,306
$41.01
Maine
$76,924
$36.98
Maryland
$106,788
$51.34
Massachusetts
$103,624
$49.82
Michigan
$95,223
$45.78
Minnesota
$96,441
$46.37
Mississippi
$58,277
$28.02
Missouri
$95,493
$45.91
Montana
$106,367
$51.14
Nebraska
$73,216
$35.20
Nevada
$94,631
$45.50
New Hampshire
$83,419
$40.11
New Jersey
$117,057
$56.28
New Mexico
$85,428
$41.07
New York
$126,163
$60.66
North Carolina
$103,776
$49.89
North Dakota
$68,692
$33.02
Ohio
$89,363
$42.96
Oklahoma
$71,400
$34.33
Oregon
$102,011
$49.04
Pennsylvania
$110,138
$52.95
Rhode Island
$102,754
$49.40
South Carolina
$85,828
$41.26
South Dakota
$100,980
$48.55
Tennessee
$91,509
$43.99
Texas
$102,680
$49.37
Utah
$70,994
$34.13
Vermont
$71,411
$34.33
Virginia
$122,392
$58.84
Washington
$119,787
$57.59
West Virginia
$108,167
$52.00
Wisconsin
$79,197
$38.08
Wyoming
$57,848
$27.81

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Highest Paying Cities For Product Owner

0 selections
CityascdescAvg. salaryascdescHourly rateascdesc
San Francisco, CA
$132,635
$63.77
New York, NY
$127,262
$61.18
Philadelphia, PA
$111,392
$53.55
Columbia, MD
$106,864
$51.38
Raleigh, NC
$105,427
$50.69
San Antonio, TX
$104,286
$50.14

The largest raises come from changing jobs.

See what's out there.

Average Product Owner Salary Over Time

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

Location
    YearascdescAvg. salaryascdescHourly rateascdesc% Changeascdesc
    2021
    $102,000
    $48.89
    +1.5%
    2020
    $100,000
    $48.14
    +0.8%
    2019
    $99,300
    $47.76
    +1.9%
    2018
    $97,500
    $46.88
    +1.3%
    2017
    $96,300
    $46.29
    +3.1%

    How Much Do Product Owners Make In Different Industries?

    As we previously stated, product owner salaries can vary depending on the industry. In fact, our data shows that retail, technology, and media companies tend to offer much higher salaries for product owners. For example, product owners make a whopping average salary of $106,728 while working for retail companies. Meanwhile, other people in this field are making $106,335 at technology companies and $101,728 at media companies. But product owners may want to avoid working in the finance industry as it offers the lowest average salary at $93,549.
    RankIndustryAverage Product Owner SalaryProduct Owner Salary Range
    1
    Retail
    $106,728
    $86k
    $118k
    2
    Technology
    $106,335
    $86k
    $118k
    3
    Media
    $101,728
    $86k
    $118k
    4
    Health Care
    $97,713
    $86k
    $118k
    5
    Finance
    $93,549
    $86k
    $118k

    High Paying Product Owner Jobs

    Average JOB Salary by Field

    Marketing Director

    Avg. salary: $104,998

    Marketing directors are responsible for the overall branding and marketing direction of the company. They are in charge of identifying goals and strategies related to marketing. They create strategies that cater to the target market of the organization's products and services to help with sales. They lead the company's marketing department and create the company's brand promise. They ensure that all marketing collateral is in line with the rest of the marketing campaigns of the organization. They should be updated on all the current trends in the marketing world.
    67,102 Marketing Director Jobs
    Vice President Product Development

    Avg. salary: $169,592

    A vice president for product development is responsible for leading the product development team in the execution of development activities to enhance the product's brand image in the market and achieve the sales performance target. Vice presidents for product development monitor the product development techniques from the conceptualization to the final execution and market release. They also handle the budget and resource allocation to support product development operations, ensuring that the outputs meet the quality standards and timetables.
    114,466 Vice President Product Development Jobs
    Scrum Master

    Avg. salary: $90,263

    A scrum master is a job that's rooted in leadership. It is the scrum master's responsibility to ensure a scrum process over the development of a project. They are not directly involved in the decision-making but guide the team in completing the scrum process with their experience and expertise. Also, a scrum master must be adept at being agile in approaching a project and also be able to schedule meetings during the process. In addition, the scrum master acts as a coach as well, helping the scrum teamwork cross-functionally.
    11,274 Scrum Master Jobs
    Marketing Manager

    Avg. salary: $106,039

    Marketing managers are experienced employees who oversee the marketing department of the organization. They manage activities such as marketing campaigns, social media postings, company branding, and other strategic marketing activities. They provide strategic direction and come up with departmental goals. They also provide proper training for employees in the department to ensure that they have a deep understanding of its marketing tools. Marketing managers should be creative, should have good interpersonal skills, and should be flexible.
    56,418 Marketing Manager Jobs
    Director Of Product Development

    Avg. salary: $143,003

    A Director of Product Development supervises and implements product development policies, initiatives, and objectives. They conduct market research to determine consumer needs and identify competitors.
    117,139 Director Of Product Development Jobs
    Vice President, Product Management

    Avg. salary: $186,408

    A vice president of product management is responsible for handling the overall operational decisions of product deliverables, creating strategic procedures for product marketing strategy, and ensuring that the outputs provide the highest customer satisfaction. The vice president of product management monitors the department's budget, allocating adequate resources to every team to support operational promotions and research on current market trends. They also adjust product management approaches to meet the company's goals and objectives and identify opportunities to increase revenues and profitability.
    121,713 Vice President, Product Management Jobs

    Which Companies Pay Product Owners The Most?

    If you want to get paid the most as a product owner, being employed by a company such as Electronics for Imaging or VMware would be a smart choice, as they are the highest paying companies in this field. Additionally, companies like Dell and Adobe also report highly competitive salaries for product owners.
    Company
    LogoRankCompanyAverage Product Owner SalaryProduct Owner Salary Range
    1Electronics for Imaging
    4.5
    $137,368
    $109k
    $145k
    2VMware
    4.8
    $135,661
    $109k
    $145k
    3Dell
    4.8
    $131,513
    $109k
    $145k
    4Adobe
    4.9
    $130,643
    $109k
    $145k
    5ServiceNow
    4.7
    $129,622
    $109k
    $145k
    6Splunk
    4.7
    $126,953
    $109k
    $145k

    Recently Added Product Owner Salaries

    Location
    CompanyascdescJobascdescLocationascdescDate AddedascdescSalaryascdesc
    Product Owner (Direct Permanent)
    Des Moines, IA
    08/05/2021
    $110,000
    08/05/2021
    Uplight
    Product Owner
    Product Owner
    Denver, CO
    08/05/2021
    $75,000
    08/05/2021
    Development Product Owner Lead-Life Company Annuity Products-Open To Remote
    Phoenix, AZ
    08/05/2021
    $106,800
    08/05/2021
    Quality Systems Product Owner-Telecommute
    Minnetonka, MN
    08/05/2021
    $79,700
    08/05/2021
    NDS IT Delivery Product Owner
    Hope, ID
    08/05/2021
    $70,000
    08/05/2021
    Uplight
    Senior Product Owner
    Senior Product Owner
    Boston, MA
    08/05/2021
    $102,000
    08/05/2021
    Product Owner, Safe Platform
    Boulder, CO
    08/05/2021
    $90,000
    08/05/2021
    Associate Product Owner, Specializations
    Lanham, MD
    08/04/2021
    $90,000
    08/04/2021
    SR. Fleet Product Owner
    Knoxville, TN
    08/04/2021
    $92,735
    08/04/2021
    Product Owner-Telecommute
    Schaumburg, IL
    08/04/2021
    $64,800
    08/04/2021

    Average Product Owner Salary by Demographic

    Product Owner Gender Pay Gap

    male-income
    Male Income
    $103,946
    female-income
    Female Income
    $97,988
    Median Product Owner Income by Race
    Asian product owners have the highest average salary compared to other ethnicities. Black or african american product owners have the lowest average salary at $94,436.
    $110,000
    $107,000
    $104,000
    $101,000
    $98,000
    $95,000
    $92,000
    Unknown
    White
    Black or African American
    Asian
    Hispanic or Latino
    Ethnicityascdesc
    Salaryascdesc
    Unknown$102,694
    White$100,391
    Black or African American$94,436
    Asian$107,431
    Hispanic or Latino$99,886
    Average Product Owner Salary by Education Level
    $113,000
    $110,000
    $107,000
    $104,000
    $101,000
    $98,000
    $95,000
    Master's Degree
    Bachelor's Degree
    Educationascdesc
    Salaryascdesc
    Master's Degree$110,383
    Bachelor's Degree$97,988