How much does a Territory Manager make?
A Territory Manager plays a key role in sales and business development. They work to build relationships with clients and grow their company's market presence. The average yearly salary for a Territory Manager is around $93,615. This figure can vary based on experience, location, and the specific industry.
The salary range for Territory Managers can be quite broad. At the lower end, some earn around $40,000 per year. As they gain more experience, they can see their earnings rise. The highest earners in this field can make over $178,000 annually. This wide range reflects the potential for growth and the importance of the skills and relationships a Territory Manager brings to the table.
What are the highest paying cities for a Territory Manager?

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Denver, CO
Average Salary: $112,413
In Denver, professionals manage sales for companies in a dynamic market. The city's growing tech scene offers many opportunities. Companies like Cisco and Oracle are prominent here.
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San Jose, CA
Average Salary: $109,978
San Jose is a hub for tech companies. Managers here work with leading firms in the industry. The area's innovation and growth make it an exciting place to work.
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San Francisco, CA
Average Salary: $109,461
San Francisco offers a unique market for sales managers. The city's diverse economy includes tech giants like Google and Salesforce. The competitive environment drives success.
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Washington, DC
Average Salary: $108,818
Washington, DC, provides a political and business-centric environment. Managers here work with a mix of government and private companies. The area's influence offers many networking opportunities.
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Seattle, WA
Average Salary: $102,734
Seattle is known for its tech industry. Managers here support companies like Amazon and Microsoft. The city's vibrant culture enhances the work experience.
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San Diego, CA
Average Salary: $99,009
San Diego offers a blend of tech and biotech opportunities. Managers work with companies like Qualcomm and Illumina. The city's pleasant climate makes it a great place to live and work.
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Miami, FL
Average Salary: $98,208
Miami's diverse market includes finance and healthcare. Managers here work with companies like Bank of America and UnitedHealth Group. The city's vibrant culture adds to the work experience.
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Phoenix, AZ
Average Salary: $95,281
Phoenix offers a growing market with opportunities in tech and healthcare. Managers work with companies like Intel and Banner Health. The city's warm climate and affordability make it attractive.
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Sacramento, CA
Average Salary: $94,408
Sacramento provides a mix of government and private sector opportunities. Managers here work with companies like IBM and the State of California. The city's central location offers many advantages.
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Chicago, IL
Average Salary: $94,130
Chicago is a major business hub with opportunities in finance and manufacturing. Managers work with companies like JPMorgan Chase and Caterpillar. The city's rich culture enhances the work experience.
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What are the best companies a Territory Manager can work for?

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Nationwide Mutual Insurance Company
Average Salary: $181,500
Nationwide Mutual Insurance Company offers Territory Manager jobs with a strong focus on customer service and sales. They operate across the United States, providing various insurance products. Their role emphasizes building relationships and driving sales in assigned territories.
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Biogen
Average Salary: $157,679
Biogen is a leading biotech company that offers Territory Manager jobs in the healthcare sector. They focus on developing treatments for neurological diseases. Their Territory Managers work in key locations across the U.S., collaborating with healthcare providers to promote their products.
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Teleflex
Average Salary: $148,333
Teleflex provides Territory Manager jobs in the medical device industry. They specialize in designing and producing medical technologies. Their Territory Managers operate in various regions, working closely with healthcare professionals to enhance patient care.
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Liberty Mutual Insurance
Average Salary: $128,548
Liberty Mutual Insurance offers Territory Manager jobs in the insurance sector. They focus on providing a range of insurance products. Their Territory Managers work in multiple locations, ensuring customer satisfaction and driving sales in their assigned areas.
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Reliable Respiratory
Average Salary: $100,000
Reliable Respiratory offers Territory Manager jobs in the healthcare industry. They specialize in respiratory care products. Their Territory Managers work in key regions, helping healthcare providers improve patient care through their products.
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BD
Average Salary: $97,580
BD provides Territory Manager jobs in the medical device industry. They focus on developing medical technologies and equipment. Their Territory Managers operate in various locations, working with healthcare professionals to enhance patient care.
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Stryker
Average Salary: $96,358
Stryker offers Territory Manager jobs in the medical device industry. They specialize in designing and producing medical technologies. Their Territory Managers work in key regions, collaborating with healthcare providers to improve patient care.
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Medtronic
Average Salary: $88,755
Medtronic provides Territory Manager jobs in the medical device industry. They focus on developing innovative medical technologies. Their Territory Managers work in various locations, helping healthcare providers enhance patient care through their products.
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Bioventus
Average Salary: $85,427
Bioventus offers Territory Manager jobs in the healthcare industry. They specialize in developing orthopedic and sports medicine products. Their Territory Managers work in key regions, collaborating with healthcare professionals to improve patient care.
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Inspire Medical Systems
Average Salary: $67,500
Inspire Medical Systems offers Territory Manager jobs in the healthcare industry. They focus on developing treatments for sleep apnea. Their Territory Managers work in various regions, helping healthcare providers improve patient care through their innovative solutions.
How to earn more as a Territory Manager?
A successful Territory Manager can earn a good salary by focusing on key areas. They should aim to build strong relationships with clients and understand their needs. This helps in closing more deals and increasing sales. Managers should also stay updated on market trends and product knowledge. This ensures they can provide the best solutions to clients.
Networking plays a big role in earning more. Managers should attend industry events and connect with other professionals. This can lead to new opportunities and referrals. Time management is another important factor. Efficiently managing time allows for more client visits and better service. Lastly, setting clear goals and tracking progress helps in achieving higher sales targets. This leads to better performance reviews and potential salary increases.
Here are five key factors to consider:
- Build strong client relationships
- Stay updated on market trends
- Network with industry professionals
- Manage time efficiently
- Set and track sales goals