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New product development manager salary
Average new product development manager salary
$154,907
Understanding the New Product Development Manager Salary
The average salary for a New Product Development Manager in the United States is approximately $154,907 annually. This figure can vary based on factors such as industry, geographic location, and years of experience. For instance, those in technology and pharmaceuticals may command higher salaries due to the specialized nature of their work.
Experience plays a significant role in salary potential. Entry-level positions may start around $80,000, while seasoned managers can earn well over $200,000. Additionally, locations such as California and New York typically offer higher pay, reflecting the cost of living and demand for skilled professionals.
Salary Estimates from Various Sources
Salary data from platforms like Glassdoor and Payscale supports this information, indicating consistent pay ranges for New Product Development Managers across multiple industries. As companies prioritize innovation, the demand for these roles continues to grow, offering opportunities for advancement and competitive compensation packages.
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Where can a New Product Development Manager earn more?
New product development manager salaries by experience level
New product development manager salary estimates from across the web
Average new product development manager salary by state
The average new product development manager salary in Alaska, Oregon, and New Mexico are the highest in the U.S. The lowest average new product development manager salary states are Indiana, New Jersey, and Illinois.
- State view
- County view
Highest paying states for new product development managers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Mexico | $170,142 | $81.80 |
| 2 | Texas | $164,839 | $79.25 |
| 3 | Alaska | $173,993 | $83.65 |
| 4 | Michigan | $163,919 | $78.81 |
| 5 | Utah | $163,067 | $78.40 |
| 6 | Oregon | $171,024 | $82.22 |
| 7 | Nevada | $161,818 | $77.80 |
| 8 | Arkansas | $157,991 | $75.96 |
| 9 | Montana | $159,376 | $76.62 |
| 10 | Vermont | $168,396 | $80.96 |
| 11 | Pennsylvania | $156,386 | $75.19 |
| 12 | Tennessee | $157,426 | $75.69 |
| 13 | Georgia | $157,174 | $75.56 |
| 14 | Massachusetts | $166,738 | $80.16 |
| 15 | Oklahoma | $160,248 | $77.04 |
| 16 | South Dakota | $153,499 | $73.80 |
| 17 | Hawaii | $164,074 | $78.88 |
| 18 | Arizona | $153,205 | $73.66 |
| 19 | Washington | $154,026 | $74.05 |
| 20 | Louisiana | $158,949 | $76.42 |
| 21 | West Virginia | $152,573 | $73.35 |
| 22 | Connecticut | $164,596 | $79.13 |
| 23 | South Carolina | $154,810 | $74.43 |
| 24 | North Dakota | $146,145 | $70.26 |
| 25 | Maryland | $161,323 | $77.56 |
| 26 | Kentucky | $149,672 | $71.96 |
| 27 | Wyoming | $152,002 | $73.08 |
| 28 | Virginia | $154,427 | $74.24 |
| 29 | Mississippi | $150,115 | $72.17 |
| 30 | Colorado | $152,155 | $73.15 |
| 31 | Nebraska | $146,466 | $70.42 |
| 32 | Alabama | $149,446 | $71.85 |
| 33 | North Carolina | $151,686 | $72.93 |
| 34 | New York | $152,886 | $73.50 |
| 35 | California | $148,881 | $71.58 |
| 36 | Idaho | $151,665 | $72.92 |
| 37 | Florida | $148,060 | $71.18 |
| 38 | Rhode Island | $150,342 | $72.28 |
| 39 | Maine | $150,463 | $72.34 |
| 40 | Missouri | $147,009 | $70.68 |
| 41 | New Hampshire | $151,867 | $73.01 |
| 42 | Wisconsin | $140,642 | $67.62 |
| 43 | Minnesota | $150,777 | $72.49 |
| 44 | Indiana | $139,731 | $67.18 |
| 45 | Kansas | $124,948 | $60.07 |
| 46 | District of Columbia | $145,749 | $70.07 |
| 47 | Ohio | $123,712 | $59.48 |
| 48 | Iowa | $125,573 | $60.37 |
| 49 | Delaware | $146,415 | $70.39 |
| 50 | New Jersey | $132,809 | $63.85 |
| 51 | Illinois | $128,035 | $61.56 |
Highest paying cities for new product development managers
The highest-paying cities for new product development managers are Austin, TX, Boston, MA, and Hartford, CT.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Austin, TX | $170,498 | $81.97 |
| 2 | Boston, MA | $169,872 | $81.67 |
| 3 | Hartford, CT | $168,145 | $80.84 |
| 4 | Detroit, MI | $166,988 | $80.28 |
| 5 | New Orleans, LA | $162,058 | $77.91 |
| 6 | Atlanta, GA | $159,335 | $76.60 |
| 7 | Philadelphia, PA | $158,355 | $76.13 |
| 8 | Renton, WA | $156,499 | $75.24 |
| 9 | Phoenix, AZ | $156,004 | $75.00 |
| 10 | Buffalo, NY | $154,403 | $74.23 |
| 11 | Raleigh, NC | $154,129 | $74.10 |
| 12 | San Francisco, CA | $153,705 | $73.90 |
| 13 | Minneapolis, MN | $151,988 | $73.07 |
| 14 | Saint Petersburg, FL | $151,506 | $72.84 |
| 15 | Saint Louis, MO | $148,680 | $71.48 |
| 16 | Milwaukee, WI | $141,511 | $68.03 |
| 17 | Piscataway, NJ | $133,086 | $63.98 |
| 18 | Glenview, IL | $128,447 | $61.75 |
| 19 | Waterloo, IA | $126,072 | $60.61 |
| 20 | Cleveland, OH | $124,802 | $60.00 |
New product development manager salary details
A new product development manager's salary ranges from $106,000 a year at the 10th percentile to $225,000 at the 90th percentile.
What is a new product development manager's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $225,000 | $18,750 | $108 |
| 75th Percentile | $188,000 | $15,667 | $90 |
| Average | $154,907 | $12,909 | $74 |
| 25th Percentile | $127,000 | $10,583 | $61 |
| 10th Percentile | $106,000 | $8,833 | $51 |
Highest paying new product development manager jobs
The highest paying types of new product development managers are vice president product development, director of product development, and marketing and product development manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Analytical Research Program Manager | $98,311 | $8,193 | $47.26 | 111,737 |
| Product Lead | $118,828 | $9,902 | $57.13 | 95,557 |
| Product Marketing Manager | $112,220 | $9,352 | $53.95 | 166,047 |
| Vice President Product Development | $168,835 | $14,070 | $81.17 | 180,783 |
| Product Manager | $111,729 | $9,311 | $53.72 | 125,678 |
| Product Line Manager | $97,237 | $8,103 | $46.75 | 158,908 |
Top companies hiring new product development managers now:
Which companies pay new product development managers the most?
New product development manager salaries at Kaiser Permanente and Accenture are the highest-paying according to our most recent salary estimates. In addition, the average new product development manager salary at companies like Amazon and Hubbell are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Kaiser Permanente | $184,930 | $88.91 |
| 2 | Accenture | $175,542 | $84.40 |
| 3 | Amazon | $171,986 | $82.69 |
| 4 | Hubbell | $165,171 | $79.41 |
| 5 | Silgan Containers | $164,237 | $78.96 |
| 6 | Master Lock | $162,373 | $78.06 |
| 7 | CyberCoders | $160,091 | $76.97 |
| 8 | MechoSystems | $157,485 | $75.71 |
| 9 | UnitedHealth Group | $154,971 | $74.51 |
| 10 | Itl Corp. | $154,815 | $74.43 |
| 11 | Briggs & Stratton | $154,598 | $74.33 |
| 12 | CO-AX Technology | $154,097 | $74.09 |
| 13 | A. O. Smith | $153,309 | $73.71 |
| 14 | Chrono Therapeutics | $152,238 | $73.19 |
| 15 | Essex Industries | $152,009 | $73.08 |
| 16 | UPS | $151,864 | $73.01 |
| 17 | Management Recruiters International(MRI) | $151,767 | $72.96 |
| 18 | NOV | $151,294 | $72.74 |
| 19 | ITW | $149,674 | $71.96 |
| 20 | SWFcontract | $147,485 | $70.91 |
Wage gap by gender, race and education
New Product Development Manager salary by industry
The average new product development manager salary varies across industries:
- The average new product development manager salary in the professional industry is $171,653, the highest of any industry.
- The average new product development manager salary in the finance industry is $168,992.
- New product development managers in the manufacturing industry earn an average salary of $150,768, the lowest of any industry.
Highest paying industries for new product development managers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Professional | $171,653 | $82.53 |
| 2 | Finance | $168,992 | $81.25 |
| 3 | Hospitality | $166,743 | $80.16 |
| 4 | Retail | $152,121 | $73.14 |
| 5 | Manufacturing | $150,768 | $72.48 |
High paying new product development manager jobs
New product development manager salary trends
The average new product development manager salary has risen by $28,323 over the last ten years. In 2014, the average new product development manager earned $126,584 annually, but today, they earn $154,907 a year. That works out to a 11% change in pay for new product development managers over the last decade.
Compare new product development manager salaries for cities or states with the national average over time.
Average new product development manager salary over time
Compare new product development manager salaries for individual cities or states with the national average.
New product development manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $155,000 | $74.47 | +3.1% |
| 2024 | $150,000 | $72.13 | +2.8% |
| 2023 | $146,000 | $70.11 | +2.2% |
| 2022 | $143,000 | $68.59 | +2.2% |
| 2021 | $140,000 | $67.10 | +1.4% |
Recently added new product development manager salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Amazon.com, Inc. | SR. Asic New Product Manager, Kuiper Silicon Development Engineering | Redmond, WA | 06/15/2025 | $136,100 |
| Samtec | New Product Development Leader/Product Development Manager | San Diego, CA | 06/10/2025 | $232,000 |
| Samtec | New Product Development Leader/Product Development Manager | Colorado Springs, CO | 06/10/2025 | $232,000 |
| Samtec, Inc. Carreras | New Product Development Leader/Product Development Manager | Colorado Springs, CO | 06/10/2025 | $232,000 |
| Samtec, Inc. Carreras | New Product Development Leader/Product Development Manager | San Diego, CA | 06/10/2025 | $232,000 |
| Get It-Marketing | New Product Development Manager | Corona, CA | 06/10/2025 | $15,000 |
| PSG | New Product Development Manager | Cincinnati, OH | 05/31/2025 | $120,000 |
| Mastercard | Manager, Innovation/New Product Development | New York, NY | 05/24/2025 | $143,000 |
| Kenvue Inc. | New Product Development Project Manager | Summit, NJ | 05/22/2025 | $98,000 |
| Kenvue Brands LLC | New Product Development Project Manager | Summit, NJ | 05/22/2025 | $98,000 |
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