Position
Salary
A Product Development Manager has a rewarding career with competitive pay. The average yearly salary for this role is around $114,759. This means that those who have experience and the right skills can earn a good living. Some managers earn more if they work in big companies or have special skills.
Here are the salary ranges for Product Development Managers, showing how much someone can earn at different experience levels. About 5.62% of managers earn $58,005 or less. At the other end, the top 1.17% earn over $204,000. Most managers fall between $71,277 and $190,728. This data shows that with hard work and dedication, there is good potential to advance and earn more in this field.

San Francisco, CA
Average Salary: $136,482
San Francisco offers a dynamic environment for those leading product teams. Tech giants like Google and Salesforce are prominent employers. The city provides endless opportunities for innovation.
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San Antonio, TX
Average Salary: $131,928
In San Antonio, product managers enjoy a blend of culture and tech growth. Companies like IBM and Apple offer exciting roles. The city’s strong economy supports diverse industries.
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Seattle, WA
Average Salary: $129,523
Seattle is a hub for tech innovation. Companies like Amazon and Microsoft provide excellent opportunities for those driving product development. The city's vibrant tech scene fosters creativity and growth.
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Minneapolis, MN
Average Salary: $124,584
Minneapolis offers a mix of tradition and modern tech. Companies such as Target and 3M need skilled product leaders. The city's supportive business environment encourages career advancement.
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San Diego, CA
Average Salary: $123,797
San Diego is a hotspot for tech and biotech. Companies like Qualcomm and Illumina seek innovative product managers. The city's coastal location provides a great quality of life for professionals.
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Houston, TX
Average Salary: $120,588
Houston's energy sector and tech industry thrive. Companies like BP and Shell need strong product leaders. The city's diverse economy offers many opportunities for growth and development.
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Hartford, CT
Average Salary: $119,347
Hartford offers a balanced environment for product managers. Companies like United Technologies and Aetna provide stable roles. The city’s rich history and modern amenities make it a great place to work.
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Denver, CO
Average Salary: $117,830
Denver is known for its high quality of life and growing tech scene. Companies like Lockheed Martin and Chipotle need product innovators. The city’s outdoorsy culture adds to its appeal.
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Los Angeles, CA
Average Salary: $116,394
Los Angeles is a creative and innovative hub. Tech companies like WarnerMedia and Hulu offer exciting product roles. The city’s diverse culture and entertainment industry provide a dynamic work environment.
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Chicago, IL
Average Salary: $114,813
Chicago offers a mix of tradition and innovation. Companies like McDonald's and Boeing need skilled product leaders. The city’s rich history and modern amenities create a vibrant work culture.
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Mastercard
Average Salary: $163,184
Mastercard offers exciting roles for Product Development Managers globally. They work on creating innovative financial solutions. Mastercard operates in many locations, including the USA, Europe, Asia, and Africa.
PwC
Average Salary: $141,145
At PwC, Product Development Managers focus on delivering technology-driven services. They work across several regions, such as North America, Europe, the Middle East, and Asia. PwC values creativity and strategic thinking.
KPMG
Average Salary: $112,500
KPMG offers roles for Product Development Managers who drive digital transformation. They work in major cities worldwide, including New York, London, and Sydney. KPMG emphasizes collaboration and innovation.
CVS Health
Average Salary: $109,162
CVS Health provides opportunities for Product Development Managers to enhance healthcare solutions. They are present in the United States, with headquarters in Woonsocket, Rhode Island. CVS Health focuses on improving patient care.
A Product Development Manager oversees the creation and launch of new products. They play a crucial role in ensuring that products meet market needs and reach their target audience effectively. For those in this role, earning more involves several strategic steps. Focusing on key areas can significantly boost your income and career prospects.
Here are five factors that can help a Product Development Manager earn more: