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As of October 2025, the Director of New Product Development commands an average salary of $139,162 per year or $67 per hour. This position typically requires a blend of strategic thinking, market analysis, and leadership skills. Salaries vary significantly across states, with the highest compensations often found in major metropolitan areas.
Experience plays a critical role in determining salary. Entry-level positions may start around $90,000, while professionals with 10+ years can exceed $180,000. Additionally, industries such as technology and pharmaceuticals tend to offer higher salaries due to increased demand for innovative products.
Directors in states like California, New York, and Massachusetts often see higher salary averages due to the concentration of tech companies and startups. Cities such as San Francisco, New York City, and Boston are among the highest-paying locations. For those looking to maximize their earning potential, targeting these regions is advisable.
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| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level director of new product development | $103,000 | $49.67 |
| Mid-level director of new product development | $110,000 | $53.05 |
| Senior-level director of new product development | $251,000 | $120.68 |
The average director of new product development salary in Rhode Island, New Jersey, and California are the highest in the U.S. The lowest average director of new product development salary states are Alabama, Minnesota, and Oklahoma.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Rhode Island | $154,759 | $74.40 |
| 2 | Pennsylvania | $139,072 | $66.86 |
| 3 | Texas | $134,350 | $64.59 |
| 4 | New Jersey | $151,374 | $72.78 |
| 5 | New York | $141,320 | $67.94 |
| 6 | California | $145,726 | $70.06 |
| 7 | Washington | $136,584 | $65.67 |
| 8 | Arizona | $128,075 | $61.57 |
| 9 | Nevada | $128,842 | $61.94 |
| 10 | Wisconsin | $127,255 | $61.18 |
| 11 | Virginia | $136,888 | $65.81 |
| 12 | South Carolina | $132,145 | $63.53 |
| 13 | Georgia | $124,905 | $60.05 |
| 14 | Illinois | $131,088 | $63.02 |
| 15 | Alaska | $129,557 | $62.29 |
| 16 | Oregon | $126,890 | $61.00 |
| 17 | North Carolina | $130,788 | $62.88 |
| 18 | Massachusetts | $131,422 | $63.18 |
| 19 | Michigan | $122,905 | $59.09 |
| 20 | Arkansas | $112,550 | $54.11 |
| 21 | Ohio | $121,704 | $58.51 |
| 22 | New Mexico | $119,221 | $57.32 |
| 23 | West Virginia | $123,882 | $59.56 |
| 24 | Delaware | $129,025 | $62.03 |
| 25 | Utah | $118,159 | $56.81 |
| 26 | Connecticut | $129,677 | $62.34 |
| 27 | Idaho | $124,637 | $59.92 |
| 28 | District of Columbia | $121,909 | $58.61 |
| 29 | Iowa | $111,664 | $53.68 |
| 30 | Hawaii | $124,678 | $59.94 |
| 31 | Florida | $117,532 | $56.51 |
| 32 | North Dakota | $112,415 | $54.05 |
| 33 | Mississippi | $112,488 | $54.08 |
| 34 | Indiana | $113,526 | $54.58 |
| 35 | Wyoming | $104,034 | $50.02 |
| 36 | Maryland | $125,879 | $60.52 |
| 37 | Vermont | $113,807 | $54.71 |
| 38 | Tennessee | $109,405 | $52.60 |
| 39 | Louisiana | $107,151 | $51.51 |
| 40 | South Dakota | $98,726 | $47.46 |
| 41 | Minnesota | $100,200 | $48.17 |
| 42 | New Hampshire | $115,901 | $55.72 |
| 43 | Maine | $115,182 | $55.38 |
| 44 | Missouri | $108,117 | $51.98 |
| 45 | Oklahoma | $99,646 | $47.91 |
| 46 | Kentucky | $104,575 | $50.28 |
| 47 | Alabama | $100,856 | $48.49 |
| 48 | Montana | $106,799 | $51.35 |
| 49 | Nebraska | $96,794 | $46.54 |
| 50 | Kansas | $99,110 | $47.65 |
| 51 | Colorado | $101,133 | $48.62 |
The highest-paying cities for directors of new product development are San Francisco, CA, Middletown, NJ, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $155,016 | $74.53 |
| 2 | Middletown, NJ | $152,907 | $73.51 |
| 3 | New York, NY | $142,070 | $68.30 |
| 4 | Horsham, PA | $140,388 | $67.49 |
| 5 | Arlington, VA | $138,418 | $66.55 |
| 6 | Seattle, WA | $137,960 | $66.33 |
| 7 | Waltham, MA | $131,568 | $63.25 |
| 8 | Charlotte, NC | $129,386 | $62.20 |
| 9 | Atlanta, GA | $125,123 | $60.16 |
| 10 | Lansing, MI | $122,173 | $58.74 |
| 11 | Washington, DC | $121,959 | $58.63 |
| 12 | Columbus, OH | $121,259 | $58.30 |
| 13 | Orlando, FL | $118,849 | $57.14 |
| 14 | Salt Lake City, UT | $117,556 | $56.52 |
| 15 | Plymouth, MN | $99,985 | $48.07 |
A director of new product development's salary ranges from $94,000 a year at the 10th percentile to $204,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $204,000 | $17,000 | $98 |
| 75th Percentile | $170,000 | $14,167 | $82 |
| Average | $139,162 | $11,597 | $67 |
| 25th Percentile | $113,000 | $9,417 | $54 |
| 10th Percentile | $94,000 | $7,833 | $45 |
The highest paying types of directors of new product development are vice president, product management, vice president product development, and global director.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Product Management Director | $156,724 | $13,060 | $75.35 | 170,460 |
| Global Director | $157,749 | $13,146 | $75.84 | 81,120 |
| Group Director | $149,193 | $12,433 | $71.73 | 89,420 |
| Product Manager | $111,729 | $9,311 | $53.72 | 125,678 |
| Product Lead | $118,828 | $9,902 | $57.13 | 95,557 |
| Development Manager | $110,678 | $9,223 | $53.21 | 111,137 |
Top companies hiring directors of new product development now:
Director of new product development salaries at DoorDash and Myriad Genetics are the highest-paying according to our most recent salary estimates. In addition, the average director of new product development salary at companies like Novo Nordisk and Tapad are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | DoorDash | $179,280 | $86.19 |
| 2 | Myriad Genetics | $169,460 | $81.47 |
| 3 | Novo Nordisk | $164,437 | $79.06 |
| 4 | Tapad | $162,316 | $78.04 |
| 5 | Microsoft | $159,777 | $76.82 |
| 6 | Edwards Lifesciences | $159,508 | $76.69 |
| 7 | Sanofi US | $159,272 | $76.57 |
| 8 | JUUL | $157,745 | $75.84 |
| 9 | IPSCO Tubulars Inc | $157,463 | $75.70 |
| 10 | Williams Sonoma | $156,584 | $75.28 |
| 11 | Abbott | $144,921 | $69.67 |
| 12 | Cytokinetics | $143,874 | $69.17 |
| 13 | AT&T | $140,530 | $67.56 |
| 14 | Battelle | $139,699 | $67.16 |
| 15 | Techtronic Industries TTI | $138,381 | $66.53 |
| 16 | OUC | $135,244 | $65.02 |
| 17 | B. Braun Medical | $134,561 | $64.69 |
| 18 | American Express | $134,138 | $64.49 |
| 19 | Alere | $133,325 | $64.10 |
| 20 | Avo Photonics | $131,793 | $63.36 |
The average director of new product development salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Media | $151,210 | $72.70 |
| 2 | Manufacturing | $140,120 | $67.37 |
| 3 | Technology | $139,963 | $67.29 |
| 4 | Retail | $131,168 | $63.06 |
The average director of new product development salary has risen by $25,606 over the last ten years. In 2014, the average director of new product development earned $113,556 annually, but today, they earn $139,162 a year. That works out to a 8% change in pay for directors of new product development over the last decade.
Compare director of new product development salaries for cities or states with the national average over time.
Compare director of new product development salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $139,000 | $66.91 | +3.7% |
| 2024 | $134,000 | $64.40 | +1.9% |
| 2023 | $131,000 | $63.20 | +1.5% |
| 2022 | $129,000 | $62.23 | +0.8% |
| 2021 | $128,000 | $61.73 | +1.9% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Athene Holding | Director New Markets Product Development | New York, NY | 06/25/2025 | $174,534 |
| Danaher | Director of New Product Introduction and Life Cycle Management | New York, NY | 06/21/2025 | $170,000 |
| Maxar Technologies Ltd. | Sales Director, New Products MEA | Herndon, VA | 06/21/2025 | $153,000 |
| Maxar Technologies Ltd. | Sales Director, New Products | Westminster, CO | 06/21/2025 | $153,000 |
| Maxar Intelligence | Sales Director, New Products MEA | Herndon, VA | 06/20/2025 | $153,000 |
| Takeda Pharmaceutical Company Ltd. | Director, Oncology New Product Planning, Early Stage Assets | Boston, MA | 06/19/2025 | $174,500 |
| Silgan Containers | Director of New Product Development | Thomaston, CT | 06/17/2025 | $175,000 |
| Neurocrine Biosciences Inc. | Director, New Product Commercialization | San Diego, CA | 06/03/2025 | $186,600 |
| Warner Bros | Director, Product Design-New Products | New York, NY | 05/27/2025 | $189,700 |
| Terumo Medical Cooperation | Director, New Product Introduction | Elkton, MD | 05/22/2025 | $157,000 |
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