How much does a Product Manager make in the United States?
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The average Product Manager salary in the United States is $150,218 as of June 27, 2024. The range for our most popular Product Manager positions (listed below) typically falls between $73,027 and $227,410. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills, and the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Product Manager's Annual Base Salary
Job Title | Salary | Hourly Rate | Location | Date Updated |
Product Manager III | $126,533 | $60.83 | United States | June 27, 2024 |
Product Manager II | $101,630 | $48.86 | United States | June 27, 2024 |
Product Manager I | $80,750 | $38.82 | United States | June 27, 2024 |
Product Manager IV | $150,717 | $72.46 | United States | June 27, 2024 |
Product Manager V | $183,700 | $88.32 | United States | June 27, 2024 |
Product Manager VI | $210,687 | $101.29 | United States | June 27, 2024 |
Credit Card Product Manager | $95,093 | $45.72 | United States | June 27, 2024 |
Banking Product Manager | $89,630 | $43.09 | United States | June 27, 2024 |
Product Management Manager | $146,545 | $70.45 | United States | June 27, 2024 |
Product Development Manager | $139,700 | $67.16 | United States | June 27, 2024 |
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Guides and manages the lifecycle of new technology products or feature enhancements. Develops product concepts and designs to facilitate market needs and user requirements. Conducts research and develops a good understanding of the customer's needs, new technologies, trends in the market, and competitors. Develops requirements documents, functional specifications, and mock-ups to clearly illustrate product ideas and concepts. Participates in all phases of the product development lifecycle, including analysis, design, testing, and integration of products and introducing products to the market. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. View Product Manager III SalaryAlternate Job Titles:Software Product Manager III, Technical Product Manager III, Web Product Manager III, Product Manager III
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Guides and manages the lifecycle of new technology products or feature enhancements. Develops product concepts and designs to facilitate market needs and user requirements. Conducts research and develops a good understanding of the customer's needs, new technologies, trends in the market, and competitors. Develops requirements documents, functional specifications, and mock-ups to clearly illustrate product ideas and concepts. Participates in all phases of the product development lifecycle, including analysis, design, testing, and integration of products and introducing products to the market. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. View Product Manager II SalaryAlternate Job Titles:Software Product Manager II, Technical Product Manager II, Web Product Manager II, Product Manager II
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Guides and manages the lifecycle of new technology products or feature enhancements. Develops product concepts and designs to facilitate market needs and user requirements. Conducts research and develops a good understanding of the customer's needs, new technologies, trends in the market, and competitors. Develops requirements documents, functional specifications, and mock-ups to clearly illustrate product ideas and concepts. Participates in all phases of the product development lifecycle, including analysis, design, testing, and integration of products and introducing products to the market. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. View Product Manager I SalaryAlternate Job Titles:Software Product Manager I, Technical Product Manager I, Web Product Manager I, Product Manager I
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Guides and manages the lifecycle of new technology products or feature enhancements. Develops product concepts and designs to facilitate market needs and user requirements. Conducts research and develops a good understanding of the customer's needs, new technologies, trends in the market, and competitors. Develops requirements documents, functional specifications, and mock-ups to clearly illustrate product ideas and concepts. Participates in all phases of the product development lifecycle, including analysis, design, testing, and integration of products and introducing products to the market. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. View Product Manager IV SalaryAlternate Job Titles:Software Product Manager IV, Technical Product Manager IV, Web Product Manager IV, Product Manager IV
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Guides and manages the lifecycle of new technology products or feature enhancements. Develops product concepts and designs to facilitate market needs and user requirements. Conducts research and develops a good understanding of the customer's needs, new technologies, trends in the market, and competitors. Develops requirements documents, functional specifications, and mock-ups to clearly illustrate product ideas and concepts. Participates in all phases of the product development lifecycle, including analysis, design, testing, and integration of products and introducing products to the market. Requires a bachelor's degree. Typically reports to a manager. Works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience. View Product Manager V SalaryAlternate Job Titles:Software Product Manager V, Technical Product Manager V, Web Product Manager V, Product Manager V
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Guides and manages the lifecycle of new technology products or feature enhancements. Develops product concepts and designs to facilitate market needs and user requirements. Conducts research and develops a good understanding of the customer's needs, new technologies, trends in the market, and competitors. Develops requirements documents, functional specifications, and mock-ups to clearly illustrate product ideas and concepts. Participates in all phases of the product development lifecycle, including analysis, design, testing, and integration of products and introducing products to the market. Requires a bachelor's degree. Typically reports to a manager. Typically requires 12+ years of related experience. Achievement and depth of knowledge of specialization or field is the main differentiator. Advisory role on complex and challenging projects and initiatives. Recognized for deep technical and industry knowledge and innovative thinking. Provides thought leadership and guidance to a functional area and the organization. View Product Manager VI SalaryAlternate Job Titles:Software Product Manager VI, Technical Product Manager VI, Web Product Manager VI, Product Manager VI
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Builds and directs credit card product strategies. Develops and implements marketing plans to drive business growth and meet business targets. Conducts regular review on market trends and studies competitor activities to identify opportunities. Initiates product ideas and ongoing features/benefits tailored for each target segment. Requires a bachelor's degree. Typically reports to a head of a unit/department. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Typically requires 4 to 7 years of related experience. View Credit Card Product Manager SalaryAlternate Job Titles:Credit/Bank Card Product Marketing Manager, Credit Card Product Manager
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Manages assigned retail banking products. Responsible for the marketability and profitability of products. Recommends strategies and goals for the pricing of products. Requires a bachelor's degree. Typically reports to a director. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. View Banking Product Manager SalaryAlternate Job Titles:Product Strategy Manager - Retail Banking, Banking Product Manager
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Manages the lifecycle of new technology products or feature enhancements. Researches and develops the roadmap for new products or feature enhancements and plans and oversees the product lifecycle. Gathers insights from customers and the marketplace to understand needs, new technologies, and trends in the market. Guides the conceptualization, requirements gathering, specification creation, release, and implementation processes. Ensures that product delivery schedules and tasks related to all aspects of product development are coordinated with stakeholders to successfully release new products on time and within budget. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. View Product Management Manager SalaryAlternate Job Titles:Manager of Strategic Web Product Management, Software Product Management Manager, Technical Product Management Manager, Product Management Manager
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Manages the staff, resources, and processes required to implement the vision and strategy for new product development and product lifecycle management of existing products. Incorporates research and concept development projects and capabilities with market analysis, industry intelligence, and customer monitoring to support product roadmaps and innovate new products, enhancements, and redesigns. Coordinates with internal stakeholders, including marketing, sales, and manufacturing, to ensure that new and existing products meet development targets and support the organization's financial goals. Develops teams with the knowledge and expertise to fulfill product development objectives. Typically requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. View Product Development Manager SalaryAlternate Job Titles:Manager of Product Development, Manager of Technical Product Development, Product Development Manager