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The average salary for a Market Development Director is approximately $147,338 annually. This figure can vary significantly based on experience, location, and industry. Entry-level positions may start lower, while seasoned professionals can command higher salaries, particularly in states like California and New York.
Several factors contribute to salary differences:
To maximize earning potential, individuals are encouraged to seek positions in thriving markets and continuously build their skills. The demand for skilled market development professionals is expected to remain strong, making this an attractive career path.
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| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level market development director | $109,000 | $52.58 |
| Mid-level market development director | $117,000 | $56.16 |
| Senior-level market development director | $266,000 | $127.77 |
The average market development director salary in Rhode Island, Massachusetts, and Washington are the highest in the U.S. The lowest average market development director salary states are South Dakota, Indiana, and Oklahoma.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Pennsylvania | $158,379 | $76.14 |
| 2 | Rhode Island | $171,605 | $82.50 |
| 3 | Massachusetts | $166,088 | $79.85 |
| 4 | Nevada | $155,187 | $74.61 |
| 5 | District of Columbia | $166,449 | $80.02 |
| 6 | Minnesota | $146,120 | $70.25 |
| 7 | Washington | $164,500 | $79.09 |
| 8 | Oregon | $150,458 | $72.34 |
| 9 | New Jersey | $156,169 | $75.08 |
| 10 | Arkansas | $136,837 | $65.79 |
| 11 | Michigan | $148,052 | $71.18 |
| 12 | New York | $150,492 | $72.35 |
| 13 | South Carolina | $154,101 | $74.09 |
| 14 | California | $158,207 | $76.06 |
| 15 | Iowa | $136,235 | $65.50 |
| 16 | Arizona | $140,603 | $67.60 |
| 17 | Nebraska | $140,682 | $67.64 |
| 18 | Texas | $138,141 | $66.41 |
| 19 | North Carolina | $146,990 | $70.67 |
| 20 | Mississippi | $133,274 | $64.07 |
| 21 | North Dakota | $136,568 | $65.66 |
| 22 | Idaho | $147,321 | $70.83 |
| 23 | West Virginia | $141,704 | $68.13 |
| 24 | New Mexico | $135,587 | $65.19 |
| 25 | Illinois | $141,336 | $67.95 |
| 26 | Maryland | $154,201 | $74.14 |
| 27 | Delaware | $143,622 | $69.05 |
| 28 | Alabama | $128,422 | $61.74 |
| 29 | Tennessee | $131,049 | $63.00 |
| 30 | Georgia | $130,619 | $62.80 |
| 31 | Alaska | $133,942 | $64.40 |
| 32 | Louisiana | $124,811 | $60.01 |
| 33 | Virginia | $137,618 | $66.16 |
| 34 | Maine | $133,588 | $64.22 |
| 35 | Utah | $130,664 | $62.82 |
| 36 | Oklahoma | $122,216 | $58.76 |
| 37 | Montana | $124,007 | $59.62 |
| 38 | Ohio | $124,367 | $59.79 |
| 39 | Vermont | $130,829 | $62.90 |
| 40 | Wyoming | $129,402 | $62.21 |
| 41 | New Hampshire | $131,182 | $63.07 |
| 42 | South Dakota | $123,228 | $59.24 |
| 43 | Colorado | $135,040 | $64.92 |
| 44 | Missouri | $129,390 | $62.21 |
| 45 | Hawaii | $127,097 | $61.10 |
| 46 | Indiana | $122,719 | $59.00 |
| 47 | Florida | $123,251 | $59.26 |
| 48 | Kentucky | $122,039 | $58.67 |
| 49 | Wisconsin | $122,064 | $58.68 |
| 50 | Kansas | $121,811 | $58.56 |
| 51 | Connecticut | $128,365 | $61.71 |
The highest-paying cities for market development directors are Warwick, RI, Washington, DC, and Boston, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Warwick, RI | $174,446 | $83.87 |
| 2 | Washington, DC | $168,760 | $81.13 |
| 3 | Boston, MA | $168,539 | $81.03 |
| 4 | San Francisco, CA | $164,956 | $79.31 |
| 5 | Pittsburgh, PA | $158,426 | $76.17 |
| 6 | West Orange, NJ | $157,620 | $75.78 |
| 7 | Las Vegas, NV | $155,203 | $74.62 |
| 8 | Silver Spring, MD | $155,042 | $74.54 |
| 9 | New York, NY | $151,274 | $72.73 |
| 10 | Portland, OR | $150,279 | $72.25 |
| 11 | Detroit, MI | $149,180 | $71.72 |
| 12 | Raleigh, NC | $148,068 | $71.19 |
| 13 | Minneapolis, MN | $146,545 | $70.45 |
| 14 | Chicago, IL | $141,934 | $68.24 |
| 15 | Phoenix, AZ | $141,222 | $67.90 |
| 16 | McLean, VA | $139,095 | $66.87 |
| 17 | Austin, TX | $138,601 | $66.64 |
| 18 | Denver, CO | $134,984 | $64.90 |
| 19 | Portland, ME | $133,206 | $64.04 |
| 20 | Alpharetta, GA | $130,836 | $62.90 |
A market development director's salary ranges from $102,000 a year at the 10th percentile to $211,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $211,000 | $17,583 | $101 |
| 75th Percentile | $178,000 | $14,833 | $86 |
| Average | $147,338 | $12,278 | $71 |
| 25th Percentile | $121,000 | $10,083 | $58 |
| 10th Percentile | $102,000 | $8,500 | $49 |
The highest paying types of market development directors are global director, development vice president, and senior director.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Director Of Sales & Business Development | $82,584 | $6,882 | $39.70 | 163,561 |
| Business Development And Marketing Manager | $75,369 | $6,281 | $36.23 | 182,239 |
| Business Development Sales Manager | $111,309 | $9,276 | $53.51 | 181,115 |
| Director New Business Development | $110,272 | $9,189 | $53.02 | 154,470 |
| New Business Development | $84,261 | $7,022 | $40.51 | 197,789 |
| Director Of Product Development | $140,507 | $11,709 | $67.55 | 175,429 |
Top companies hiring market development directors now:
Market development director salaries at Barclays and Superpedestrian are the highest-paying according to our most recent salary estimates. In addition, the average market development director salary at companies like United Therapeutics and Mortenson are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Barclays | $188,678 | $90.71 |
| 2 | Superpedestrian | $176,465 | $84.84 |
| 3 | United Therapeutics | $171,500 | $82.45 |
| 4 | Mortenson | $164,005 | $78.85 |
| 5 | Sanofi US | $163,494 | $78.60 |
| 6 | Kemper | $161,820 | $77.80 |
| 7 | UBS | $158,242 | $76.08 |
| 8 | Hca Hospital Services Of San Diego | $156,388 | $75.19 |
| 9 | Medtronic | $154,950 | $74.50 |
| 10 | Illumina | $152,935 | $73.53 |
| 11 | Dean Health Plan | $149,853 | $72.04 |
| 12 | Accenture | $149,189 | $71.73 |
| 13 | ARM | $146,088 | $70.23 |
| 14 | AT&T | $144,140 | $69.30 |
| 15 | Southern | $142,803 | $68.66 |
| 16 | Alvarez & Marsal | $142,354 | $68.44 |
| 17 | PCTEL | $141,863 | $68.20 |
| 18 | BAE Systems | $141,649 | $68.10 |
| 19 | Unum | $140,765 | $67.68 |
| 20 | Carus | $134,886 | $64.85 |
The average market development director salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Manufacturing | $142,859 | $68.68 |
| 2 | Technology | $134,358 | $64.60 |
| 3 | Construction | $126,669 | $60.90 |
| 4 | Health Care | $122,853 | $59.06 |
The average market development director salary has risen by $27,111 over the last ten years. In 2014, the average market development director earned $120,227 annually, but today, they earn $147,338 a year. That works out to a 8% change in pay for market development directors over the last decade.
Compare market development director salaries for cities or states with the national average over time.
Compare market development director salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $147,000 | $70.84 | +3.7% |
| 2025 | $142,000 | $68.19 | +1.9% |
| 2024 | $139,000 | $66.91 | +1.5% |
| 2023 | $137,000 | $65.88 | +0.8% |
| 2022 | $136,000 | $65.36 | +1.9% |
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