Product Manager I Salary in the United States

How much does a Product Manager I make hourly in the United States? The average hourly wage for a Product Manager I in the United States is $35 as of April 26, 2022, but the range typically falls between $31 and $37. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, 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.  View the Cost of Living in Major Cities

Job Description

Develops new software product concepts, designs, and/or enhancements to existing product design that reflect market 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 as well as the introduction of products to the market. Member of a cross-functional team that translates customer needs and technology directions into product definitions. May participate in the creation of documentation or user guides for new products. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. (Copyright 2022 Salary.com)

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Understand the total hourly compensation opportunity for a Product Manager I, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
31
37
35

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
32
38
36
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Product Manager I in the United States. The average hourly rate for Product Manager I ranges from $31 to $37 with the average hourly pay of $35. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $32 to $38 with the average total hourly cash compensation of $36.
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31
37

 

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Career Path for this job

  1. This Job:

    Product Manager I

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Product Manager II

    2 - 4 years experience
    Bachelor's Degree

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Job Openings for Product Manager I