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Market development manager salary

Average market development manager salary

$111,159

$53.44 hourly rate

Entry-level market development manager salary
$74,000 yearly salary
Updated January 8, 2025

Understanding the Market Development Manager Salary

The role of a Market Development Manager is vital in expanding a company's reach and profitability. As of October 2025, the average salary for this position stands at $111,159 per year or $53 per hour. Factors influencing this salary include the manager's level of experience, the industry, and the geographical region.

Entry-level positions typically start lower, while those with significant experience can earn considerably more. In states like California and New York, salaries tend to be higher due to the cost of living and demand for skilled professionals. For instance, Market Development Managers in tech companies often enjoy higher compensation compared to those in retail.

To maximize earning potential, candidates should focus on continuous learning and networking within their industry. Engaging with professional organizations and keeping abreast of market trends can provide invaluable insights into salary expectations and career advancement opportunities.

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Where can a Market Development Manager earn more?

Compare salary by location
Vs
144k
124k
104k
84k
64k
Columbus, OH$130,626
Saint Louis, MO$93,537
Compare salary by company
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Apple$164,580
Corus Realty$118,725

Market development manager salaries by experience level

Experience levelAvg. salaryHourly rate
Entry-level market development manager$82,500$39.67
Mid-level market development manager$88,100$42.37
Senior-level market development manager$201,000$96.39

Market development manager salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Glassdoor and Payscale, the average salary for a market development manager typically falls between $84,603 and $140,115.
zippia
$111,159yearly
glassdoor[1]
$139,366yearly
Salary.com[2]
$140,115yearly
payscale[3]
$84,603yearly

Average market development manager salary by state

The highest-paying states for market development managers are Maryland, New Jersey, and Texas. The lowest average market development manager salary states are Wyoming, Iowa, and Kansas.

  • State view
  • County view
Average salary:

Highest paying states for market development managers

RankStateAvg. salaryHourly rate
1Texas$122,865$59.07
2Pennsylvania$118,394$56.92
3Utah$115,484$55.52
4New Jersey$124,094$59.66
5California$121,539$58.43
6Michigan$111,663$53.68
7District of Columbia$117,285$56.39
8New York$115,580$55.57
9Massachusetts$114,748$55.17
10Nevada$109,883$52.83
11Rhode Island$113,430$54.53
12Connecticut$121,261$58.30
13Delaware$119,337$57.37
14Maryland$124,348$59.78
15New Mexico$106,363$51.14
16North Carolina$111,260$53.49
17Wisconsin$106,482$51.19
18Oregon$106,069$50.99
19Indiana$105,617$50.78
20Tennessee$104,073$50.04
21Georgia$103,131$49.58
22Arizona$101,709$48.90
23Minnesota$99,923$48.04
24Washington$101,373$48.74
25Virginia$107,623$51.74
26Vermont$104,512$50.25
27Maine$106,168$51.04
28West Virginia$100,185$48.17
29Illinois$95,844$46.08
30Montana$91,739$44.11
31New Hampshire$102,692$49.37
32Mississippi$99,988$48.07
33Idaho$100,213$48.18
34Alabama$97,915$47.07
35Kentucky$95,029$45.69
36Ohio$91,986$44.22
37North Dakota$91,256$43.87
38Louisiana$98,029$47.13
39Wyoming$85,225$40.97
40Hawaii$93,537$44.97
41Arkansas$90,103$43.32
42Florida$90,633$43.57
43Missouri$89,610$43.08
44Alaska$88,554$42.57
45South Carolina$89,053$42.81
46Kansas$83,397$40.09
47Oklahoma$86,980$41.82
48Nebraska$77,559$37.29
49South Dakota$78,866$37.92
50Iowa$83,568$40.18
51Colorado$77,361$37.19

Highest paying cities for market development managers

The highest-paying cities for market development managers are San Francisco, CA, Baltimore, MD, and Austin, TX.

RankCityAvg. salaryHourly rate
1San Francisco, CA$130,626$62.80
2Baltimore, MD$124,752$59.98
3Austin, TX$124,656$59.93
4Branford, CT$121,517$58.42
5Philadelphia, PA$118,962$57.19
6Washington, DC$117,337$56.41
7New York, NY$115,871$55.71
8Boston, MA$114,786$55.19
9Salt Lake City, UT$114,746$55.17
10Raleigh, NC$112,334$54.01
11Kingsport, TN$110,354$53.05
12Muskegon, MI$108,116$51.98
13Las Cruces, NM$107,949$51.90
14Green Bay, WI$106,131$51.02
15Atlanta, GA$102,911$49.48
16Tacoma, WA$102,361$49.21
17Phoenix, AZ$101,838$48.96
18Minneapolis, MN$100,001$48.08
19Chicago, IL$96,588$46.44
20Saint Louis, MO$93,537$44.97

Market development manager salary details

A market development manager's salary ranges from $74,000 a year at the 10th percentile to $165,000 at the 90th percentile.

Average market development manager salary graph
Average market development manager salary graph, trends, and summary

What is a market development manager's salary?

PercentileAnnual salaryMonthly salaryHourly rate
90th Percentile$165,000$13,750$79
75th Percentile$137,000$11,417$66
Average$111,159$9,263$53
25th Percentile$90,000$7,500$43
10th Percentile$74,000$6,167$36

Highest paying market development manager jobs

The highest paying types of market development managers are senior business development manager, business development director, and product development manager.

Job titleAnnual salaryMonthly salaryHourly rateJob openings
Manager, Field Marketing$93,296$7,775$44.85174,371
Division Sales Manager$87,731$7,311$42.18107,201
Director New Business Development$110,272$9,189$53.02154,470
Brand Manager$97,789$8,149$47.01127,429
Sales Manager$73,952$6,163$35.55119,066
Key Account Manager$102,315$8,526$49.19160,992

Top companies hiring market development managers now:

  1. Microsoft jobs (12)
  2. Intel jobs (20)
  3. Glaxosmithkline jobs (17)
  4. PepsiCo jobs (43)
  5. Medtronic jobs (25)

Which companies pay market development managers the most?

Market development manager salaries at Apple and JUUL are the highest-paying according to our most recent salary estimates. In addition, the average market development manager salary at companies like Genentech and Microsoft are highly competitive.

RankCompanyAverage salaryHourly rate
1Apple$164,580$79.13
2JUUL$155,261$74.64
3Genentech$151,647$72.91
4Microsoft$140,944$67.76
5Apricus Biosciences$139,254$66.95
6Accenture$139,139$66.89
7Starbucks$134,780$64.80
8McGraw Hill$132,209$63.56
9Zoetis$131,878$63.40
10BD$127,664$61.38
11Amd$127,121$61.12
12Amazon$125,006$60.10
13Bosch USA$122,663$58.97
14TA Instruments$121,876$58.59
15Avient$121,843$58.58
16Stryker$120,701$58.03
17Xylem$119,656$57.53
18Air Products$119,066$57.24
19Adobe$118,730$57.08
20Corus Realty$118,725$57.08

Wage gap by gender, race and education

$113,000$111,400$109,800$108,200$106,600$105,000
MaleFemale

Market Development Manager salary by industry

The average market development manager salary varies across industries:

  • The average market development manager salary in the technology industry is $115,767, the highest of any industry.
  • The average market development manager salary in the finance industry is $113,569.
  • Market development managers in the hospitality industry earn an average salary of $104,801, the lowest of any industry.

Highest paying industries for market development managers

RankIndustryAverage salaryHourly rate
1Technology$115,767$55.66
2Retail$113,569$54.60
3Manufacturing$112,745$54.20
4Media$110,523$53.14
5Health Care$109,103$52.45
6Hospitality$104,801$50.39

High paying market development manager jobs

Market development manager salary trends

The average market development manager salary has risen by $20,453 over the last ten years. In 2014, the average market development manager earned $90,706 annually, but today, they earn $111,159 a year. That works out to a 8% change in pay for market development managers over the last decade.

Compare market development manager salaries for cities or states with the national average over time.

Average market development manager salary over time

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

Market development manager salary by year

YearAvg. salaryHourly rate% Change
2025$111,000$53.44+3.7%
2024$107,000$51.44+1.9%
2023$105,000$50.48+1.5%
2022$103,000$49.71+0.8%
2021$103,000$49.31+1.9%

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