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Salary

How much does a Product Manager make?

The average salary for a Product Manager is $151,664 per year in the US.

Product Managers play a crucial role in the development of successful products. They make decisions that can impact the entire company. The average yearly salary for a Product Manager is around $151,664. This salary can vary based on experience and location. Some Product Managers earn less, while others make much more.

Looking at the salary distribution, you can see a range of earnings. About 17% of Product Managers earn between $121,545 and $140,727 per year. Those in the top 10% earn more than $217,455 annually. This spread shows that salaries can vary greatly depending on the company, the product, and the individual's experience and skills. The highest-paid Product Managers often work in tech companies and lead large, complex projects.

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What are the highest paying cities for a Product Manager?

Cities like San Francisco, Seattle, and San Diego offer the highest salaries for product manager jobs. San Francisco tops the list with an average salary of $191,888. Seattle follows closely with $179,428, and San Diego with $178,234. These cities attract top talent and provide excellent opportunities for career growth. Product managers in tech-driven hubs such as San Jose, Los Angeles, and Austin also enjoy competitive salaries. San Jose, home to many tech giants, offers an average salary of $176,893. Los Angeles provides $168,029, while Austin stands at $157,960. These cities benefit from a strong tech ecosystem and demand for skilled product managers.
Graph displaying highest paying cities salaries for Product Manager jobs, highlighting San Francisco, CA with the highest at $191,888 and Modesto, CA with the lowest at $153,150.
  1. San Francisco, CA
    Average Salary: $191,888
    In San Francisco, the tech scene thrives, offering many chances to innovate. Companies like Salesforce and Slack create products that change how people work. The city supports creativity and teamwork, making it ideal for those who love tech.
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  2. Seattle, WA
    Average Salary: $179,428
    Seattle is home to major tech giants like Amazon and Microsoft. Working here means being at the forefront of tech innovation. The city values creativity and collaboration, with a strong tech community supporting new ideas.
    Find Product Manager jobs in Seattle, WA


  3. San Diego, CA
    Average Salary: $178,234
    San Diego offers a mix of big tech companies and startups. Working here provides the chance to shape products in a vibrant market. The laid-back lifestyle complements the dynamic tech environment, making it a great place for product professionals.
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  4. San Jose, CA
    Average Salary: $176,893
    San Jose is the heart of Silicon Valley. The tech industry here is booming, with many opportunities to work on cutting-edge products. The city’s strong tech network offers ample chances for growth and innovation.
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  5. Los Angeles, CA
    Average Salary: $168,029
    Los Angeles has a growing tech scene, with companies like Google and LinkedIn. The city offers a unique blend of creativity and technology. Working here means being part of a dynamic market with plenty of opportunities for product development.
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  6. Austin, TX
    Average Salary: $157,960
    Austin is known for its vibrant tech scene and welcoming atmosphere. Companies like Dell and IBM offer exciting roles. The city’s culture encourages innovation, making it a great place for those looking to make an impact.
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  7. Durham, NC
    Average Salary: $154,280
    Durham is home to Research Triangle Park, a hub for tech innovation. Companies here focus on research and development, providing many opportunities. The area’s focus on education and tech creates a supportive environment for product managers.
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  8. Boulder, CO
    Average Salary: $154,190
    Boulder offers a unique blend of outdoor activities and tech opportunities. Companies like Google and HP provide many chances to work on innovative products. The city’s emphasis on wellness and community makes it an attractive place to live and work.
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  9. Washington, DC
    Average Salary: $154,010
    Washington, DC, offers a mix of tech and government roles. Working here means being part of a vibrant market with many opportunities. The city’s strong network supports growth and collaboration, making it ideal for those who love innovation.
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  10. Modesto, CA
    Average Salary: $153,150
    Modesto is a growing tech hub with opportunities in both startups and established companies. The city offers a lower cost of living with many chances to develop products. It’s a great place for those looking to balance work and lifestyle.
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What are the best companies a Product Manager can work for?

Netflix pays Product Managers the highest average salary at $430,243. Companies like Exact Sciences, OpenAI, and SAP also offer strong compensation, with salaries above $200,000. Job seekers interested in tech and innovation will find these companies attractive with their competitive pay packages. Other top companies include Whatnot, Expedia Group, and ServiceNow, which provide above-average salaries around $250,000. Established tech firms such as GitHub, Waymo, and NVIDIA offer salaries above $230,000. These companies provide rewarding career opportunities for Product Managers seeking high earning potential.
Graph displaying best paying company salaries for Product Manager jobs, highlighting Netflix with the highest at $430,243 and NVIDIA with the lowest at $232,731.
  1. Netflix
    Average Salary: $430,243
    Netflix offers dynamic Product Manager jobs in various locations, including Los Gatos, California, and Santa Monica, California. They focus on creating innovative streaming services and original content. Working at Netflix means contributing to a cutting-edge company that leads the entertainment industry.


  2. Exact Sciences
    Average Salary: $381,375
    Exact Sciences provides rewarding Product Manager roles in Madison, Wisconsin, and other locations. This company specializes in cancer diagnostics and precision medicine. As a Product Manager, you will help improve early detection methods and treatment options.


  3. OpenAI
    Average Salary: $308,717
    OpenAI offers exciting Product Manager opportunities in San Francisco, California. This company focuses on artificial intelligence research and development. As a Product Manager, you will shape the future of AI technology and its applications.


  4. SAP
    Average Salary: $289,174
    SAP offers promising Product Manager positions in various locations, such as Walldorf, Germany. This global company specializes in enterprise software solutions. You will work on creating powerful software products that help businesses thrive.


  5. Whatnot
    Average Salary: $259,239
    Whatnot offers Product Manager jobs in various locations, including Los Angeles, California. This company focuses on live commerce and digital marketplaces. You will play a key role in developing innovative shopping experiences for customers.


  6. Expedia Group
    Average Salary: $238,183
    Expedia Group offers Product Manager positions in Seattle, Washington, and other locations. This travel company provides a range of booking services. As a Product Manager, you will work on improving travel experiences for millions of customers worldwide.


  7. ServiceNow
    Average Salary: $237,982
    ServiceNow offers Product Manager roles in various locations, including Santa Clara, California. This company specializes in cloud-based software solutions. You will contribute to creating powerful tools that help businesses run more efficiently.


  8. GitHub
    Average Salary: $237,091
    GitHub offers Product Manager opportunities in San Francisco, California, and other locations. This company focuses on software development and collaboration tools. You will help shape the future of coding and collaboration platforms.


  9. Waymo
    Average Salary: $233,588
    Waymo offers Product Manager positions in various locations, including Mountain View, California. This company specializes in autonomous driving technology. You will contribute to developing safe and efficient self-driving cars.


  10. NVIDIA
    Average Salary: $232,731
    NVIDIA offers Product Manager roles in various locations, including Santa Clara, California. This company specializes in graphics processing units and AI technology. As a Product Manager, you will help drive innovation in gaming, data centers, and more.

How to earn more as a Product Manager?

A product manager can find several ways to increase their earnings. Strategic focus on key areas often leads to higher salaries and career growth. Taking the right steps can make a big difference in one's career path and earning potential.

Here are five factors that can help a product manager earn more:

  1. Experience: Gaining more experience in the field can lead to higher salaries. Working on successful projects and gaining recognition for one's skills can open up higher-paying opportunities.
  2. Skills: Developing strong skills in areas such as data analysis, market research, and project management can set a product manager apart. Continuous learning and skill development can lead to better job offers and salary increases.
  3. Education: A higher level of education, such as a master’s degree in business or a related field, can make a product manager more attractive to employers. Advanced degrees often lead to higher positions and better pay.
  4. Networking: Building a strong professional network can provide opportunities for career advancement. Attending industry events, joining professional organizations, and connecting with peers can lead to better job offers and salary negotiations.
  5. Company Performance: Working for companies that perform well financially can lead to higher compensation. Successful companies often have more resources to offer competitive salaries and bonuses.

Currently 2,030 Product Manager job openings, nationwide.

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

Learn what a Product Manager does, how to become one, and understand the job outlook. Get simple steps to start your career as a Product Manager today.
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Product Manager
2,030 Job Openings