The average salary for a Product Development Manager is $112,074 per year in the US.
A Product Development Manager plays a key role in bringing new products to life. This role involves overseeing the entire product lifecycle, from concept to market. The average yearly salary for this position is around $112,074. This figure can vary based on the industry, company size, and location. Many managers earn between $65,000 and $195,000 annually.
The salary range for Product Development Managers shows a wide spectrum of earnings. The lower end, around $65,000, is often seen in smaller companies or entry-level positions. As experience and expertise grow, the salary can increase significantly. The top earners, making over $195,000, usually have advanced degrees, extensive experience, and work in high-demand industries. This role offers good earning potential for those who excel in product management.
