Position
Salary

How much does a Product Development Manager make?

The average salary for a Product Development Manager is $112,778 per year in the US.

A Product Development Manager oversees a product from its inception to its final market release. This role demands both creativity and strategy, making it an appealing career choice for many. The average yearly salary for a Product Development Manager stands at $112,778, with earnings varying based on experience and location.

Entry-level managers typically start with a salary around $53,673, while those with more than a decade of experience can earn upwards of $202,950 annually. Salary differences often stem from the industry sector, with tech companies offering higher pay compared to other fields. Also, managers in major cities usually earn more than those in smaller towns.

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What are the highest paying cities for a Product Development Manager?

Job seekers in the product development field can find attractive salary opportunities in several cities. San Francisco offers the highest average salary at $145,668. Other top-paying cities include San Antonio, Seattle, and Charlotte, providing a range of competitive opportunities across the nation. These locations make excellent choices for those looking to maximize their earning potential.
Graph displaying highest paying cities salaries for Product Development Manager jobs, highlighting San Francisco, CA with the highest at $145,668 and Atlanta, GA with the lowest at $114,056.
  1. San Francisco, CA
    Average Salary: $145,668
    In San Francisco, you can find exciting opportunities in tech and innovation. Companies like Google and Salesforce offer dynamic environments. Employees enjoy a vibrant culture with many perks and competitive pay.
    Find Product Development Manager jobs in San Francisco, CA


  2. San Antonio, TX
    Average Salary: $145,578
    San Antonio is a growing hub for tech companies. Firms like Apple and IBM provide promising careers. The city offers a balanced lifestyle with a lower cost of living.
    Find Product Development Manager jobs in San Antonio, TX


  3. Seattle, WA
    Average Salary: $134,058
    Seattle is home to major tech giants like Amazon and Microsoft. Employees work in cutting-edge environments. The city’s dynamic atmosphere makes it a great place for professional growth.
    Find Product Development Manager jobs in Seattle, WA


  4. Charlotte, NC
    Average Salary: $128,865
    Charlotte’s tech scene is expanding rapidly. Companies such as Bank of America and IBM are leaders in the industry. The city provides a supportive environment for growth and development.
    Find Product Development Manager jobs in Charlotte, NC


  5. San Diego, CA
    Average Salary: $127,405
    San Diego offers a mix of tech startups and established companies. With firms like Qualcomm and Salesforce, the city is a vibrant place to work. Employees enjoy beautiful weather and a high quality of life.
    Find Product Development Manager jobs in San Diego, CA


  6. Houston, TX
    Average Salary: $124,697
    Houston’s tech industry is booming, with major players like Halliburton and Shell. The city’s diverse economy offers many opportunities. Employees benefit from a competitive salary and a lively culture.
    Find Product Development Manager jobs in Houston, TX


  7. Hartford, CT
    Average Salary: $119,347
    Hartford is a center for insurance and finance. Companies like Aetna and Travelers provide stable careers. The city offers a lower cost of living and a strong sense of community.
    Find Product Development Manager jobs in Hartford, CT


  8. Chicago, IL
    Average Salary: $117,606
    Chicago has a vibrant tech scene with companies like Google and IBM. Employees enjoy a dynamic work environment and a rich cultural experience. The city offers many opportunities for professional growth.
    Find Product Development Manager jobs in Chicago, IL


  9. Boston, MA
    Average Salary: $115,411
    Boston is a hub for education and tech. Companies like Google and Fidelity Investments offer promising careers. Employees benefit from a rich history and a strong network of professionals.
    Find Product Development Manager jobs in Boston, MA


  10. Atlanta, GA
    Average Salary: $114,056
    Atlanta is a growing tech center with firms like Cox Enterprises and Delta Air Lines. The city offers a balanced lifestyle with a competitive salary. Employees enjoy a growing job market and a vibrant culture.
    Find Product Development Manager jobs in Atlanta, GA

What are the best companies a Product Development Manager can work for?

Metropolitan Transportation Authority offers one of the highest salaries for Product Development Managers, averaging $175,477 annually. Mastercard also provides a competitive salary, around $149,833 per year. PwC and KPMG follow closely, with average salaries of $141,145 and $112,500, respectively. These companies stand out in the industry for their attractive compensation packages.
Graph displaying best paying company salaries for Product Development Manager jobs, highlighting Metropolitan Transportation Authority with the highest at $175,477 and KPMG with the lowest at $112,500.
  1. Metropolitan Transportation Authority
    Average Salary: $175,477
    The Metropolitan Transportation Authority (MTA) offers rewarding roles for Product Development Managers. They focus on enhancing public transportation services in New York City. Opportunities exist in various locations across the city and its suburbs.


  2. Mastercard
    Average Salary: $149,833
    Mastercard provides a dynamic environment for Product Development Managers. They work to create innovative financial products globally. Their headquarters in Purchase, New York, serves as a central hub with other offices across the United States and internationally.


  3. PwC
    Average Salary: $141,145
    At PwC, Product Development Managers play a key role in shaping financial technology solutions. They operate in various cities worldwide, with a strong presence in the United States, including locations like New York, San Francisco, and Chicago.


  4. KPMG
    Average Salary: $112,500
    KPMG offers Product Development Managers the chance to contribute to advanced audit and advisory services. They work in multiple offices across the United States, including major cities like New York, Chicago, and Los Angeles.

How to earn more as a Product Development Manager?

A Product Development Manager plays a key role in creating successful products. This position combines technical skills with business insights. One way to earn more is to gain experience in different industries. Companies value managers who understand various markets. Another way is to earn advanced degrees or certifications. Specializations in product management or related fields can lead to higher pay.

Networking with other professionals can open doors to better opportunities. Attend industry conferences and join relevant groups online. Staying current with the latest trends and technologies also increases earning potential. Lastly, developing strong leadership skills can lead to promotions and higher salaries. Managers who can lead teams effectively often earn more.

Consider these factors to increase earnings as a Product Development Manager:

  1. Gain experience in multiple industries.
  2. Earn advanced degrees or certifications.
  3. Network with other professionals.
  4. Stay current with industry trends.
  5. Develop strong leadership skills.

Currently 132 Product Development Manager job openings, nationwide.

How's the job market for a Product Development Manager in the US?

Learn what a Product Development Manager does, how to become one, and understand the job outlook. Get simple steps to start your career as a Product Development Manager today.
Position
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Product Development Manager
132 Job Openings