The average salary for a product manager in the United States is around $119,000 per year.
Avg Salary
Product managers earn an average yearly salary of $119,000.
Wages typically start from $65,000 and go up to $205,000.
100% above national average Updated in 2023
Product manager earnings by seniority
Top-level product manager earnings begin at:
$98.56 per hour
$205,000 per year
Senior-level product manager earnings begin at:
$76.92 per hour
$160,000 per year
Mid-level product manager earnings begin at:
$57.21 per hour
$119,000 per year
Junior-level product manager earnings begin at:
$40.87 per hour
$85,000 per year
Starting level product manager earnings begin at:
$31.25 per hour
$65,000 per year
Approximate values based on highest and lowest earning segments.
Product manager salary by state
| State Name | Average Salary |
|---|---|
| New York | $82,758 |
| Texas | $77,000 |
| California | $130,000 |
How do product manager salaries compare to similar careers?
Product managers earn 6% less than similar careers in the United States. On average, they make less than natural sciences managers but more than pharmaceutical sales representatives.
| Career | Median Salary |
|---|---|
| Natural sciences manager salary | $154K |
| CEO salary | $120K |
| Green product marketer salary | $133K |
| Management consultant salary | $115K |
| Product manager salary | $119K |
| Investment fund manager salary | $114K |
| Biomass power plant manager salary | $117K |
| IT manager salary | $100K |
| Pharmaceutical sales representative salary | $98K |
Source: CareerExplorer (Aggregated)