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The average salary for a Product/Project Development Manager is approximately $99,531 annually, equating to about $48 per hour. This role typically requires a blend of technical expertise and project management skills, making it crucial for companies focused on product innovation.
Entry-level positions may start around $70,000 per year, while experienced managers can earn over $120,000. Experience significantly influences salary, as many employers value seasoned professionals who can lead complex projects effectively.
Salaries can differ based on geographic location. States like California and New York often offer higher salaries compared to the national average, reflecting higher living costs and demand for skilled professionals in these areas. In contrast, regions with a lower cost of living may offer salaries closer to the national average.
Major cities such as San Francisco and New York City are known for offering the highest salaries for this role. These urban centers provide numerous opportunities for Product/Project Development Managers to advance their careers while capitalizing on competitive compensation packages.
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| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level product/project development manager | $73,900 | $35.52 |
| Mid-level product/project development manager | $78,900 | $37.94 |
| Senior-level product/project development manager | $180,000 | $86.31 |
The average product/project development manager salary in California, Washington, and Michigan are the highest in the U.S. The lowest average product/project development manager salary states are South Carolina, Colorado, and Oklahoma.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $125,426 | $60.30 |
| 2 | Washington | $109,113 | $52.46 |
| 3 | Michigan | $109,020 | $52.41 |
| 4 | Rhode Island | $107,841 | $51.85 |
| 5 | Oregon | $108,634 | $52.23 |
| 6 | Pennsylvania | $94,420 | $45.39 |
| 7 | Nevada | $97,091 | $46.68 |
| 8 | Arizona | $108,328 | $52.08 |
| 9 | Utah | $95,456 | $45.89 |
| 10 | North Dakota | $87,340 | $41.99 |
| 11 | North Carolina | $86,309 | $41.49 |
| 12 | Minnesota | $88,165 | $42.39 |
| 13 | New York | $100,088 | $48.12 |
| 14 | New Jersey | $99,997 | $48.08 |
| 15 | Illinois | $91,633 | $44.05 |
| 16 | West Virginia | $91,140 | $43.82 |
| 17 | New Hampshire | $85,200 | $40.96 |
| 18 | Connecticut | $99,566 | $47.87 |
| 19 | Massachusetts | $95,540 | $45.93 |
| 20 | Delaware | $97,850 | $47.04 |
| 21 | Nebraska | $85,521 | $41.12 |
| 22 | Texas | $86,667 | $41.67 |
| 23 | Idaho | $91,889 | $44.18 |
| 24 | Virginia | $93,551 | $44.98 |
| 25 | New Mexico | $84,070 | $40.42 |
| 26 | Arkansas | $81,852 | $39.35 |
| 27 | District of Columbia | $86,786 | $41.72 |
| 28 | Vermont | $82,751 | $39.78 |
| 29 | Ohio | $81,843 | $39.35 |
| 30 | Iowa | $85,037 | $40.88 |
| 31 | Tennessee | $80,375 | $38.64 |
| 32 | Wisconsin | $78,640 | $37.81 |
| 33 | Alaska | $82,683 | $39.75 |
| 34 | Missouri | $82,585 | $39.70 |
| 35 | Maryland | $87,481 | $42.06 |
| 36 | South Dakota | $77,898 | $37.45 |
| 37 | Maine | $82,845 | $39.83 |
| 38 | Mississippi | $81,854 | $39.35 |
| 39 | Montana | $78,779 | $37.87 |
| 40 | Wyoming | $76,070 | $36.57 |
| 41 | Georgia | $77,781 | $37.39 |
| 42 | Indiana | $77,323 | $37.17 |
| 43 | Alabama | $78,706 | $37.84 |
| 44 | Louisiana | $79,332 | $38.14 |
| 45 | Hawaii | $67,226 | $32.32 |
| 46 | Kentucky | $75,840 | $36.46 |
| 47 | Kansas | $72,790 | $35.00 |
| 48 | Florida | $72,440 | $34.83 |
| 49 | South Carolina | $74,973 | $36.04 |
| 50 | Colorado | $74,674 | $35.90 |
| 51 | Oklahoma | $74,105 | $35.63 |
The highest-paying cities for product/project development managers are San Francisco, CA, Grand Rapids, MI, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $136,014 | $65.39 |
| 2 | Grand Rapids, MI | $107,840 | $51.85 |
| 3 | New York, NY | $100,229 | $48.19 |
| 4 | Parsippany-Troy Hills, NJ | $100,190 | $48.17 |
| 5 | Meriden, CT | $99,679 | $47.92 |
| 6 | Natick, MA | $95,632 | $45.98 |
| 7 | Eagan, MN | $88,268 | $42.44 |
| 8 | San Marcos, TX | $88,133 | $42.37 |
| 9 | Washington, DC | $86,887 | $41.77 |
| 10 | Reynoldsburg, OH | $81,257 | $39.07 |
| 11 | Milwaukee, WI | $78,832 | $37.90 |
| 12 | Miami, FL | $70,974 | $34.12 |
A product/project development manager's salary ranges from $68,000 a year at the 10th percentile to $144,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $144,000 | $12,000 | $69 |
| 75th Percentile | $121,000 | $10,083 | $58 |
| Average | $99,531 | $8,294 | $48 |
| 25th Percentile | $81,000 | $6,750 | $39 |
| 10th Percentile | $68,000 | $5,667 | $33 |
The highest paying types of product/project development managers are vice president product development, director of product development, and senior product manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Product Lead | $118,828 | $9,902 | $57.13 | 95,557 |
| Manager, Project Management | $102,925 | $8,577 | $49.48 | 263,655 |
| Vice President Product Development | $168,835 | $14,070 | $81.17 | 180,783 |
| Director Of Product Development | $140,507 | $11,709 | $67.55 | 175,429 |
| Product Line Manager | $97,237 | $8,103 | $46.75 | 158,908 |
| Development & Program Manager | $102,824 | $8,569 | $49.43 | 186,222 |
Top companies hiring product/project development managers now:
Product/project development manager salaries at Ergotron and NOV are the highest-paying according to our most recent salary estimates. In addition, the average product/project development manager salary at companies like Lucid Motors and method are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Ergotron | $142,282 | $68.40 |
| 2 | NOV | $115,705 | $55.63 |
| 3 | Lucid Motors | $113,226 | $54.44 |
| 4 | method | $112,954 | $54.30 |
| 5 | DFS Corporate Services LLC | $109,895 | $52.83 |
| 6 | Thermon | $108,928 | $52.37 |
| 7 | FOH Holdings, Inc | $108,883 | $52.35 |
| 8 | Imperative Care | $108,883 | $52.35 |
| 9 | Pillar Biosciences | $108,883 | $52.35 |
| 10 | Regal Beloit | $108,132 | $51.99 |
| 11 | BD | $107,074 | $51.48 |
| 12 | Unilever | $106,083 | $51.00 |
| 13 | Southern California Edison | $100,344 | $48.24 |
| 14 | Plexus | $99,114 | $47.65 |
| 15 | Kelly Services | $95,828 | $46.07 |
| 16 | Bath & Body Works | $93,478 | $44.94 |
| 17 | Sandvik Coromant | $92,434 | $44.44 |
| 18 | Allied World | $89,571 | $43.06 |
| 19 | Barry-Wehmiller | $89,264 | $42.92 |
| 20 | Aon | $89,207 | $42.89 |
The average product/project development manager salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Telecommunication | $108,701 | $52.26 |
| 2 | Automotive | $106,179 | $51.05 |
| 3 | Health Care | $104,726 | $50.35 |
| 4 | Education | $102,928 | $49.48 |
| 5 | Utilities | $102,774 | $49.41 |
| 6 | Technology | $99,914 | $48.04 |
| 7 | Manufacturing | $99,583 | $47.88 |
| 8 | Pharmaceutical | $79,354 | $38.15 |
The average product/project development manager salary has risen by $18,314 over the last ten years. In 2014, the average product/project development manager earned $81,217 annually, but today, they earn $99,531 a year. That works out to a 8% change in pay for product/project development managers over the last decade.
Compare product/project development manager salaries for cities or states with the national average over time.
Compare product/project development manager salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $99,500 | $47.85 | +3.7% |
| 2025 | $95,800 | $46.06 | +1.9% |
| 2024 | $94,000 | $45.20 | +1.5% |
| 2023 | $92,600 | $44.51 | +0.8% |
| 2022 | $91,800 | $44.15 | +1.9% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| G&W Electric | Project Manager, New Product Development | Chicago, IL | 06/29/2025 | $96,555 |
| Zones, LLC | Manager-Project/Product | Rosemead, CA | 06/27/2025 | $73,045 |
| Heath Consultants Incorporated | Project Manager-New Product Development (Embedded) | Houston, TX | 06/16/2025 | $115,000 |
| Fortune Brands | Project Manager-Global Product Development | Deerfield, IL | 05/17/2025 | $70,000 |
| Heath Consultants, Inc. | Project Manager-New Product Development (Embedded) | Houston, TX | 05/06/2025 | $115,000 |
| Yum | Project Manager, Product Development (6628409) | Louisville, KY | 02/17/2025 | $96,000 |
| Savvy, Inc. | Project Manager, Product Development E.L.F. Beauty ⋅ New York, NY Interested NOT I | New York, NY | 02/17/2025 | $95,000 |
| Heath Consultants Incorporated | Project Manager-New Product Development | Houston, TX | 02/16/2025 | $115,000 |
| Fabletics | Project Manager, Product Development & Sourcing | El Segundo, CA | 01/31/2025 | $68,640 |
| Bedrosians Tile & Stone | Project Manager-Product Design & Development | Tustin, CA | 01/16/2025 | $55,306 |
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