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Business product manager salary
Average business product manager salary
$123,607
Average Business Product Manager Salary
The salary for a Business Product Manager varies based on factors such as experience, location, and industry. In the United States, the average salary stands at $123,607 annually. Early-career professionals can expect to earn less, while those with significant experience may see their earnings rise significantly. For instance, professionals with over ten years of experience often earn upwards of $150,000.
Salary by State
Business Product Manager salaries also differ by state. States like California and New York tend to offer higher compensation due to the cost of living and demand for skilled professionals. In contrast, states with lower living costs may offer slightly lower salaries but can provide a good quality of life.
Opportunities for Growth
As businesses increasingly focus on product-led growth, the demand for skilled Business Product Managers continues to rise. Exploring job openings across various industries can reveal opportunities for career advancement and higher salaries. Understanding these factors is crucial for anyone looking to build a successful career in this field.
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Where can a Business Product Manager earn more?
Business product manager salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level business product manager | $91,800 | $44.11 |
| Mid-level business product manager | $98,000 | $47.12 |
| Senior-level business product manager | $223,000 | $107.19 |
Business product manager salary estimates from across the web
Average business product manager salary by state
The highest-paying states for business product managers are California, Oregon, and Rhode Island. The lowest average business product manager salary states are South Carolina, Oklahoma, and South Dakota.
- State view
- County view
Highest paying states for business product managers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $144,711 | $69.57 |
| 2 | Oregon | $135,699 | $65.24 |
| 3 | Rhode Island | $134,274 | $64.55 |
| 4 | Washington | $128,942 | $61.99 |
| 5 | Utah | $123,702 | $59.47 |
| 6 | Nevada | $115,933 | $55.74 |
| 7 | New York | $120,194 | $57.79 |
| 8 | Texas | $124,739 | $59.97 |
| 9 | Massachusetts | $115,246 | $55.41 |
| 10 | Arizona | $122,024 | $58.67 |
| 11 | Connecticut | $117,665 | $56.57 |
| 12 | New Jersey | $113,213 | $54.43 |
| 13 | Maryland | $119,998 | $57.69 |
| 14 | Nebraska | $100,056 | $48.10 |
| 15 | Idaho | $113,423 | $54.53 |
| 16 | Arkansas | $99,294 | $47.74 |
| 17 | Delaware | $111,927 | $53.81 |
| 18 | New Mexico | $102,878 | $49.46 |
| 19 | North Carolina | $108,161 | $52.00 |
| 20 | Virginia | $110,437 | $53.09 |
| 21 | West Virginia | $105,692 | $50.81 |
| 22 | Georgia | $103,773 | $49.89 |
| 23 | Alaska | $102,145 | $49.11 |
| 24 | District of Columbia | $101,653 | $48.87 |
| 25 | Illinois | $101,218 | $48.66 |
| 26 | Pennsylvania | $97,292 | $46.77 |
| 27 | Tennessee | $95,303 | $45.82 |
| 28 | Michigan | $95,323 | $45.83 |
| 29 | Iowa | $96,511 | $46.40 |
| 30 | Ohio | $93,570 | $44.99 |
| 31 | Missouri | $97,450 | $46.85 |
| 32 | New Hampshire | $98,755 | $47.48 |
| 33 | Vermont | $95,728 | $46.02 |
| 34 | Montana | $91,768 | $44.12 |
| 35 | Mississippi | $98,049 | $47.14 |
| 36 | Minnesota | $92,246 | $44.35 |
| 37 | North Dakota | $95,151 | $45.75 |
| 38 | Maine | $96,655 | $46.47 |
| 39 | Wisconsin | $87,302 | $41.97 |
| 40 | Alabama | $93,724 | $45.06 |
| 41 | Wyoming | $94,026 | $45.20 |
| 42 | Kentucky | $88,669 | $42.63 |
| 43 | South Dakota | $87,390 | $42.01 |
| 44 | Indiana | $88,991 | $42.78 |
| 45 | Louisiana | $92,256 | $44.35 |
| 46 | Kansas | $86,865 | $41.76 |
| 47 | Hawaii | $96,516 | $46.40 |
| 48 | Colorado | $91,056 | $43.78 |
| 49 | South Carolina | $88,665 | $42.63 |
| 50 | Oklahoma | $87,964 | $42.29 |
| 51 | Florida | $86,409 | $41.54 |
Highest paying cities for business product managers
The highest-paying cities for business product managers are San Francisco, CA, Portland, OR, and Seattle, WA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $155,540 | $74.78 |
| 2 | Portland, OR | $134,411 | $64.62 |
| 3 | Seattle, WA | $130,217 | $62.60 |
| 4 | Dallas, TX | $125,648 | $60.41 |
| 5 | Salt Lake City, UT | $123,031 | $59.15 |
| 6 | Phoenix, AZ | $122,325 | $58.81 |
| 7 | New York, NY | $120,548 | $57.96 |
| 8 | Baltimore, MD | $120,333 | $57.85 |
| 9 | Boston, MA | $115,357 | $55.46 |
| 10 | Edison, NJ | $113,294 | $54.47 |
| 11 | Wilmington, DE | $112,159 | $53.92 |
| 12 | McLean, VA | $111,638 | $53.67 |
| 13 | Cary, NC | $109,070 | $52.44 |
| 14 | Alpharetta, GA | $104,040 | $50.02 |
| 15 | Washington, DC | $101,711 | $48.90 |
| 16 | Chicago, IL | $101,501 | $48.80 |
| 17 | Saint Louis, MO | $97,820 | $47.03 |
| 18 | Knoxville, TN | $96,397 | $46.34 |
| 19 | West Des Moines, IA | $96,187 | $46.24 |
| 20 | Novi, MI | $95,438 | $45.88 |
Business product manager salary details
A business product manager's salary ranges from $88,000 a year at the 10th percentile to $173,000 at the 90th percentile.
What is a business product manager's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $173,000 | $14,417 | $83 |
| 75th Percentile | $147,000 | $12,250 | $71 |
| Average | $123,607 | $10,301 | $59 |
| 25th Percentile | $103,000 | $8,583 | $50 |
| 10th Percentile | $88,000 | $7,333 | $42 |
Highest paying business product manager jobs
The highest paying types of business product managers are product management director, senior business manager, and senior product manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Product Lead | $118,828 | $9,902 | $57.13 | 95,557 |
| Business Development And Marketing Manager | $75,369 | $6,281 | $36.23 | 182,239 |
| Product Development Manager | $113,437 | $9,453 | $54.54 | 166,871 |
| Product Management Director | $156,724 | $13,060 | $75.35 | 170,460 |
| Product Owner | $97,070 | $8,089 | $46.67 | 129,990 |
| Product Marketing Manager | $112,220 | $9,352 | $53.95 | 166,047 |
Top companies hiring business product managers now:
Which companies pay business product managers the most?
Business product manager salaries at Meta and Google are the highest-paying according to our most recent salary estimates. In addition, the average business product manager salary at companies like Yelp and The Walt Disney Company are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Meta | $182,368 | $87.68 |
| 2 | $174,034 | $83.67 | |
| 3 | Yelp | $173,668 | $83.49 |
| 4 | The Walt Disney Company | $170,114 | $81.79 |
| 5 | ByteDance | $169,762 | $81.62 |
| 6 | eBay | $166,323 | $79.96 |
| 7 | VMware | $165,610 | $79.62 |
| 8 | DoorDash | $161,704 | $77.74 |
| 9 | Apple | $157,269 | $75.61 |
| 10 | Bloomberg | $150,811 | $72.51 |
| 11 | $150,796 | $72.50 | |
| 12 | Citi | $149,779 | $72.01 |
| 13 | Fairview Health Services | $147,450 | $70.89 |
| 14 | Amazon | $145,710 | $70.05 |
| 15 | Deutsche Bank | $141,404 | $67.98 |
| 16 | Indeed | $140,509 | $67.55 |
| 17 | JPMorgan Chase & Co. | $136,250 | $65.50 |
| 18 | Ralph Lauren | $134,059 | $64.45 |
| 19 | Autodesk | $133,887 | $64.37 |
| 20 | Hewlett Packard Enterprise | $132,062 | $63.49 |
Wage gap by gender, race and education
Business product manager salary trends
The average business product manager salary has risen by $22,744 over the last ten years. In 2014, the average business product manager earned $100,863 annually, but today, they earn $123,607 a year. That works out to a 8% change in pay for business product managers over the last decade.
Compare business product manager salaries for cities or states with the national average over time.
Average business product manager salary over time
Compare business product manager salaries for individual cities or states with the national average.
Business product manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $124,000 | $59.43 | +3.7% |
| 2024 | $119,000 | $57.20 | +1.9% |
| 2023 | $117,000 | $56.13 | +1.5% |
| 2022 | $115,000 | $55.27 | +0.8% |
| 2021 | $114,000 | $54.83 | +1.9% |
Recently added business product manager salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Farmers Insurance Group | Product Manager-Business Insurance | Phoenix, AZ | 06/30/2025 | $106,560 |
| T-Mobile Usa | Product Manager, Business Transformation-Project To Retire | Overland Park, KS | 06/27/2025 | $100,100 |
| Farmers | Product Manager-Business Insurance | Lane, KS | 06/27/2025 | $106,560 |
| Farmers Insurance Group | Product Manager-Business Insurance | Los Angeles, CA | 06/25/2025 | $106,560 |
| Capital One | Business Manager, Premium Products | New York, NY | 06/21/2025 | $172,800 |
| Regions Bank | Business Payments Product Manager | Birmingham, AL | 06/21/2025 | $90,268 |
| CVS Health | Product Manager, Business Analysis (IC) | Home, MN | 06/19/2025 | $60,300 |
| R t Specialty, LLC | Business Product Manager | Nashville, TN | 06/19/2025 | $80,000 |
| Regions Bank | Business Payments Product Manager | Charlotte, NC | 06/18/2025 | $90,268 |
| Regions Bank | Business Payments Product Manager | Atlanta, GA | 06/18/2025 | $90,268 |
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