Product Manager V Salary in the United States

How much does a Product Manager V make in the United States? The average Product Manager V salary in the United States is $170,081 as of April 26, 2022, but the range typically falls between $152,736 and $186,660. Salary ranges 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. Develops business plan for products and 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. Works on cross-functional team to translate customer needs and technology directions into product definitions. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. 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. (Copyright 2022 Salary.com)

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Average Base Salary

Core compensation

 
 
 
152736
186660
170081

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
171599
216839
194551
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Product Manager V in the United States. The base salary for Product Manager V ranges from $152,736 to $186,660 with the average base salary of $170,081. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $171,599 to $216,839 with the average total cash compensation of $194,551.
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152736
186660

 

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Career Path for this job

  1. Down a level:

    Product Manager IV

    7 + years experience
    Bachelor's Degree

  2. This Job:

    Product Manager V

    10 + years experience
    Bachelor's Degree

  3. Up a level:

    Product Manager VI

    12 + years experience
    Bachelor's Degree

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Job Openings for Product Manager V