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Product development specialist salary
Average product development specialist salary
$70,820
Average Product Development Specialist Salary
The average salary for a Product Development Specialist is currently $70,820 annually. This figure represents a nationwide average and can vary significantly based on location, experience, and industry. For instance, specialists in metropolitan areas often earn higher salaries due to the cost of living and demand for expertise.
Salary by State
Product Development Specialists' salaries differ widely across the United States. States such as California and New York typically offer the highest wages, while regions with lower costs of living may offer lower salaries. For example, the average salary in California can exceed $90,000, reflecting the competitive market.
Experience Levels
Experience also plays a critical role in salary determination. Entry-level positions may start around $50,000, while seasoned professionals with extensive expertise can command salaries exceeding $100,000. This progression underscores the value of gaining relevant experience in product development.
Job Opportunities
As companies increasingly focus on innovation, the demand for skilled Product Development Specialists continues to grow. This role offers diverse opportunities across sectors, from technology to consumer goods, making it a promising career choice for individuals interested in shaping new products.
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Where can a Product Development Specialist earn more?
Product development specialist salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level product development specialist | $44,400 | $21.36 |
| Mid-level product development specialist | $75,000 | $36.08 |
| Senior-level product development specialist | $123,000 | $59.09 |
Product development specialist salary estimates from across the web
Average product development specialist salary by state
The highest-paying states for product development specialists are Delaware, New Jersey, and Washington. The lowest average product development specialist salary states are Alabama, Kansas, and Missouri.
- State view
- County view
Highest paying states for product development specialists
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Pennsylvania | $80,003 | $38.46 |
| 2 | Ohio | $78,657 | $37.82 |
| 3 | New Hampshire | $71,462 | $34.36 |
| 4 | North Carolina | $71,924 | $34.58 |
| 5 | Michigan | $76,148 | $36.61 |
| 6 | Minnesota | $80,608 | $38.75 |
| 7 | Washington | $102,290 | $49.18 |
| 8 | Delaware | $105,700 | $50.82 |
| 9 | New Jersey | $105,545 | $50.74 |
| 10 | Virginia | $80,429 | $38.67 |
| 11 | New York | $87,888 | $42.25 |
| 12 | Connecticut | $87,696 | $42.16 |
| 13 | Maryland | $79,842 | $38.39 |
| 14 | Oregon | $79,173 | $38.06 |
| 15 | Nevada | $66,316 | $31.88 |
| 16 | Vermont | $62,604 | $30.10 |
| 17 | Tennessee | $63,744 | $30.65 |
| 18 | Massachusetts | $76,987 | $37.01 |
| 19 | Alaska | $63,478 | $30.52 |
| 20 | Texas | $67,138 | $32.28 |
| 21 | North Dakota | $59,150 | $28.44 |
| 22 | Illinois | $60,463 | $29.07 |
| 23 | Wisconsin | $58,985 | $28.36 |
| 24 | Rhode Island | $70,704 | $33.99 |
| 25 | Idaho | $63,964 | $30.75 |
| 26 | Maine | $65,533 | $31.51 |
| 27 | Iowa | $60,454 | $29.06 |
| 28 | District of Columbia | $75,658 | $36.37 |
| 29 | New Mexico | $58,532 | $28.14 |
| 30 | West Virginia | $58,654 | $28.20 |
| 31 | California | $70,314 | $33.80 |
| 32 | South Dakota | $57,774 | $27.78 |
| 33 | Montana | $64,178 | $30.85 |
| 34 | Arkansas | $51,710 | $24.86 |
| 35 | Nebraska | $53,793 | $25.86 |
| 36 | Louisiana | $58,431 | $28.09 |
| 37 | Utah | $58,670 | $28.21 |
| 38 | Florida | $54,786 | $26.34 |
| 39 | Arizona | $54,864 | $26.38 |
| 40 | South Carolina | $55,313 | $26.59 |
| 41 | Georgia | $50,998 | $24.52 |
| 42 | Indiana | $49,853 | $23.97 |
| 43 | Kentucky | $51,530 | $24.77 |
| 44 | Kansas | $48,599 | $23.36 |
| 45 | Wyoming | $50,075 | $24.07 |
| 46 | Colorado | $58,015 | $27.89 |
| 47 | Alabama | $49,387 | $23.74 |
| 48 | Missouri | $45,868 | $22.05 |
| 49 | Hawaii | $31,576 | $15.18 |
| 50 | Oklahoma | $45,191 | $21.73 |
| 51 | Mississippi | $43,832 | $21.07 |
Highest paying cities for product development specialists
The highest-paying cities for product development specialists are Piscataway, NJ, Seattle, WA, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Piscataway, NJ | $105,829 | $50.88 |
| 2 | Seattle, WA | $104,150 | $50.07 |
| 3 | New York, NY | $88,157 | $42.38 |
| 4 | McLean, VA | $83,150 | $39.98 |
| 5 | San Francisco, CA | $82,022 | $39.43 |
| 6 | Saint Paul, MN | $80,642 | $38.77 |
| 7 | Philadelphia, PA | $80,447 | $38.68 |
| 8 | Columbus, OH | $77,703 | $37.36 |
| 9 | Framingham, MA | $77,106 | $37.07 |
| 10 | Washington, DC | $75,682 | $36.39 |
| 11 | Concord, NC | $69,403 | $33.37 |
| 12 | Austin, TX | $67,486 | $32.45 |
| 13 | Anchorage, AK | $63,618 | $30.59 |
| 14 | Chicago, IL | $60,921 | $29.29 |
| 15 | Orem, UT | $58,997 | $28.36 |
| 16 | Waukesha, WI | $58,855 | $28.30 |
| 17 | Denver, CO | $57,666 | $27.72 |
| 18 | Fort Lauderdale, FL | $54,402 | $26.15 |
| 19 | Indianapolis, IN | $49,449 | $23.77 |
| 20 | Urban Honolulu, HI | $31,521 | $15.15 |
Product development specialist salary details
A product development specialist's salary ranges from $42,000 a year at the 10th percentile to $117,000 at the 90th percentile.
What is a product development specialist's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $117,000 | $9,750 | $56 |
| 75th Percentile | $92,000 | $7,667 | $44 |
| Average | $70,820 | $5,902 | $34 |
| 25th Percentile | $54,000 | $4,500 | $26 |
| 10th Percentile | $42,000 | $3,500 | $20 |
Highest paying product development specialist jobs
The highest paying types of product development specialists are product lead, research and development manager, and product development manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Marketing Coordinator | $48,326 | $4,027 | $23.23 | 91,281 |
| Marketing Internship | $30,260 | $2,522 | $14.55 | 122,135 |
| Marketing Consultant | $70,593 | $5,883 | $33.94 | 88,935 |
| Research Internship | $39,573 | $3,298 | $19.03 | 95,123 |
| Product Manager | $111,729 | $9,311 | $53.72 | 125,678 |
| Product Engineer | $89,645 | $7,470 | $43.10 | 157,888 |
Top companies hiring product development specialists now:
Which companies pay product development specialists the most?
Product development specialist salaries at Bloomberg and Meta are the highest-paying according to our most recent salary estimates. In addition, the average product development specialist salary at companies like Citi and SAP are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Bloomberg | $126,043 | $60.60 |
| 2 | Meta | $125,395 | $60.29 |
| 3 | Citi | $124,766 | $59.98 |
| 4 | SAP | $115,275 | $55.42 |
| 5 | BNY Mellon | $111,208 | $53.47 |
| 6 | JPMorgan Chase & Co. | $105,919 | $50.92 |
| 7 | Nintendo | $98,759 | $47.48 |
| 8 | Imation | $97,851 | $47.04 |
| 9 | Tata Technologies | $92,367 | $44.41 |
| 10 | Chubb | $92,174 | $44.31 |
| 11 | Multisorb | $90,677 | $43.59 |
| 12 | Syngenta | $87,819 | $42.22 |
| 13 | AstenJohnson | $87,640 | $42.13 |
| 14 | Markel | $86,187 | $41.44 |
| 15 | The Timken Company | $85,801 | $41.25 |
| 16 | tag | $85,634 | $41.17 |
| 17 | Medtronic | $84,939 | $40.84 |
| 18 | Whirlpool | $83,800 | $40.29 |
| 19 | Tube Specialties | $82,924 | $39.87 |
| 20 | Dahl Consulting | $82,216 | $39.53 |
Wage gap by gender, race and education
Product development specialist salary trends
The average product development specialist salary has risen by $5,983 over the last ten years. In 2014, the average product development specialist earned $64,837 annually, but today, they earn $70,820 a year. That works out to a 5% change in pay for product development specialists over the last decade.
Compare product development specialist salaries for cities or states with the national average over time.
Average product development specialist salary over time
Compare product development specialist salaries for individual cities or states with the national average.
Product development specialist salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $70,800 | $34.05 | +3.1% |
| 2024 | $68,600 | $33.00 | +1.1% |
| 2023 | $67,900 | $32.66 | -0.2% |
| 2022 | $68,000 | $32.71 | +1.1% |
| 2021 | $67,300 | $32.37 | +0.7% |
Recently added product development specialist salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Southern Indiana Power | Shopgoodwill Product Specialist-Allisonville RD. | Fishers, IN | 06/29/2025 | $29,218 |
| Red Hat | Product Security Engineer-Resilient Development AI Specialist | Boston, MA | 06/25/2025 | $121,790 |
| Meta | Product Development Specialist | Burlingame, CA | 06/24/2025 | $153,411 |
| eJam | Product Merchandising & Development Specialist | Santa Ana, CA | 06/14/2025 | $70,000 |
| Modern Meadow | Product Development Specialist (Materials Chemistry) | Nutley, NJ | 06/13/2025 | $85,000 |
| American Farm Bureau Federation | Crop Insurance Product Development Specialist | Fargo, ND | 06/11/2025 | $50,000 |
| Bhired | Product Development Specialist | New York, NY | 06/11/2025 | $130,000 |
| Chubb | PRS Product Development Specialist | Downe, NJ | 06/10/2025 | $93,700 |
| Kelly Services | Product Development Specialist | Logan, UT | 06/09/2025 | $50,088 |
| Blackbird Recruiting | Product Development Specialist | Fine, NY | 06/08/2025 | $125,000 |
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