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Business development/product manager salary
Average business development/product manager salary
$101,877
Average Business Development/Product Manager Salary
The average salary for a Business Development/Product Manager in the United States is $101,877 annually. This figure can vary based on experience, location, and the specific industry sector. Entry-level positions typically start at lower salaries, around $70,000, while seasoned professionals in metropolitan areas may earn over $150,000.
Salary by State
Different states offer varying compensation levels. For example, California and New York are known for higher salaries due to the cost of living and demand for skilled managers. In contrast, states like Texas and Florida may offer competitive salaries with a lower cost of living.
Highest Paying Cities
Top cities for Business Development/Product Managers include San Francisco, New York, and Seattle, where salaries can exceed $120,000. These urban centers also provide numerous networking opportunities and access to leading firms, enhancing career growth.
- Networking Tips: Attend industry conferences.
- Key Skills: Market analysis, strategic planning, and communication.
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Where can a Business Development/Product Manager earn more?
Business development/product manager salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level business development/product manager | $75,600 | $36.36 |
| Mid-level business development/product manager | $80,800 | $38.84 |
| Senior-level business development/product manager | $184,000 | $88.35 |
Average business development/product manager salary by state
The highest-paying states for business development/product managers are Rhode Island, California, and Oregon. The lowest average business development/product manager salary states are Hawaii, Alabama, and Kansas.
- State view
- County view
Highest paying states for business development/product managers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $117,857 | $56.66 |
| 2 | District of Columbia | $118,627 | $57.03 |
| 3 | Washington | $106,718 | $51.31 |
| 4 | Oregon | $109,387 | $52.59 |
| 5 | Rhode Island | $124,054 | $59.64 |
| 6 | Nevada | $92,992 | $44.71 |
| 7 | New York | $108,063 | $51.95 |
| 8 | Pennsylvania | $106,332 | $51.12 |
| 9 | West Virginia | $94,644 | $45.50 |
| 10 | Utah | $91,826 | $44.15 |
| 11 | Michigan | $90,826 | $43.67 |
| 12 | Massachusetts | $106,156 | $51.04 |
| 13 | South Carolina | $94,672 | $45.52 |
| 14 | Delaware | $102,352 | $49.21 |
| 15 | New Mexico | $87,423 | $42.03 |
| 16 | North Carolina | $94,315 | $45.34 |
| 17 | Texas | $88,245 | $42.43 |
| 18 | Wisconsin | $85,553 | $41.13 |
| 19 | New Jersey | $99,387 | $47.78 |
| 20 | Idaho | $94,779 | $45.57 |
| 21 | Arkansas | $83,909 | $40.34 |
| 22 | New Hampshire | $92,012 | $44.24 |
| 23 | Nebraska | $82,143 | $39.49 |
| 24 | Ohio | $81,931 | $39.39 |
| 25 | Maine | $90,517 | $43.52 |
| 26 | Maryland | $96,071 | $46.19 |
| 27 | Vermont | $89,551 | $43.05 |
| 28 | Arizona | $82,901 | $39.86 |
| 29 | Connecticut | $91,694 | $44.08 |
| 30 | Montana | $78,485 | $37.73 |
| 31 | North Dakota | $81,594 | $39.23 |
| 32 | Alaska | $78,889 | $37.93 |
| 33 | Mississippi | $82,274 | $39.55 |
| 34 | Illinois | $86,812 | $41.74 |
| 35 | Tennessee | $78,616 | $37.80 |
| 36 | Iowa | $79,494 | $38.22 |
| 37 | Virginia | $86,276 | $41.48 |
| 38 | Georgia | $79,985 | $38.45 |
| 39 | Colorado | $85,387 | $41.05 |
| 40 | Indiana | $76,258 | $36.66 |
| 41 | Kentucky | $74,832 | $35.98 |
| 42 | Wyoming | $80,256 | $38.58 |
| 43 | South Dakota | $72,146 | $34.69 |
| 44 | Hawaii | $73,707 | $35.44 |
| 45 | Kansas | $72,350 | $34.78 |
| 46 | Oklahoma | $76,983 | $37.01 |
| 47 | Missouri | $70,891 | $34.08 |
| 48 | Louisiana | $75,186 | $36.15 |
| 49 | Alabama | $72,884 | $35.04 |
| 50 | Florida | $69,707 | $33.51 |
| 51 | Minnesota | $74,003 | $35.58 |
Highest paying cities for business development/product managers
The highest-paying cities for business development/product managers are Santa Rosa, CA, New York, NY, and Seattle, WA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Santa Rosa, CA | $130,997 | $62.98 |
| 2 | New York, NY | $108,186 | $52.01 |
| 3 | Seattle, WA | $107,111 | $51.50 |
| 4 | Boston, MA | $106,323 | $51.12 |
| 5 | Durham, NC | $96,782 | $46.53 |
| 6 | West Hartford, CT | $91,877 | $44.17 |
| 7 | Southfield, MI | $91,402 | $43.94 |
| 8 | Grand Prairie, TX | $89,542 | $43.05 |
| 9 | Arlington, VA | $88,255 | $42.43 |
| 10 | Milwaukee, WI | $86,154 | $41.42 |
| 11 | Denver, CO | $84,913 | $40.82 |
| 12 | Alpharetta, GA | $79,900 | $38.41 |
| 13 | Minneapolis, MN | $74,045 | $35.60 |
| 14 | Hopkinsville, KY | $72,075 | $34.65 |
| 15 | Saint Louis, MO | $70,984 | $34.13 |
Business development/product manager salary details
A business development/product manager's salary ranges from $68,000 a year at the 10th percentile to $151,000 at the 90th percentile.
What is a business development/product manager's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $151,000 | $12,583 | $73 |
| 75th Percentile | $125,000 | $10,417 | $60 |
| Average | $101,877 | $8,490 | $49 |
| 25th Percentile | $82,000 | $6,833 | $39 |
| 10th Percentile | $68,000 | $5,667 | $33 |
Highest paying business development/product manager jobs
The highest paying types of business development/product managers are head of business development, senior product manager, and senior business development manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Product Marketing Manager | $112,220 | $9,352 | $53.95 | 166,047 |
| Product Manager/Sales | $108,492 | $9,041 | $52.16 | 181,400 |
| Product Line Manager | $97,237 | $8,103 | $46.75 | 158,908 |
| Director New Business Development | $110,272 | $9,189 | $53.02 | 154,470 |
| Head Of Business Development | $134,190 | $11,182 | $64.51 | 158,539 |
| Product Development Manager | $113,437 | $9,453 | $54.54 | 166,871 |
Top companies hiring business development/product managers now:
Which companies pay business development/product managers the most?
Business development/product manager salaries at Meta and Amazon are the highest-paying according to our most recent salary estimates. In addition, the average business development/product manager salary at companies like Square and Mastercard are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Meta | $166,308 | $79.96 |
| 2 | Amazon | $135,814 | $65.30 |
| 3 | Square | $119,310 | $57.36 |
| 4 | Mastercard | $113,392 | $54.52 |
| 5 | ITT | $108,959 | $52.38 |
| 6 | Siemens | $103,815 | $49.91 |
| 7 | Terex | $103,602 | $49.81 |
| 8 | Dover | $102,306 | $49.19 |
| 9 | Crane Co. | $98,621 | $47.41 |
| 10 | Federal-mogul Motorparts | $96,174 | $46.24 |
| 11 | Intelsat | $95,508 | $45.92 |
| 12 | Johnson Controls | $94,467 | $45.42 |
| 13 | Ferrotec | $93,867 | $45.13 |
| 14 | LCI Holdings, Inc | $93,812 | $45.10 |
| 15 | EYEBLASTER, INC. | $93,812 | $45.10 |
| 16 | Management Science Assoc | $93,812 | $45.10 |
| 17 | HNI | $92,751 | $44.59 |
| 18 | HMT | $91,671 | $44.07 |
| 19 | Randstad North America, Inc. | $91,583 | $44.03 |
| 20 | Block and | $89,819 | $43.18 |
Wage gap by gender, race and education
Business development/product manager salary trends
The average business development/product manager salary has risen by $18,746 over the last ten years. In 2014, the average business development/product manager earned $83,131 annually, but today, they earn $101,877 a year. That works out to a 8% change in pay for business development/product managers over the last decade.
Compare business development/product manager salaries for cities or states with the national average over time.
Average business development/product manager salary over time
Compare business development/product manager salaries for individual cities or states with the national average.
Business development/product manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $102,000 | $48.98 | +3.7% |
| 2025 | $98,100 | $47.15 | +1.9% |
| 2024 | $96,200 | $46.26 | +1.5% |
| 2023 | $94,800 | $45.56 | +0.8% |
| 2022 | $94,000 | $45.19 | +1.9% |
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