Product Development Manager Salary (United States)

The average salary for a Product Development Manager is $75,796 per year. Most people with this job move on to other positions after 20 years in this career. A skill in Engineering Design is associated with high pay for this job.
Product Development Manager Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$48,336 - $113,811
(Median)
48K
60K
76K
95K
110K
MEDIAN: $75,796
10%
25%
50%
75%
90%
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Product Development Manager Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$13.02 - $39.44
(Median)
13
20
27
39
MEDIAN: $19.00
10%
50%
75%
90%
Add this chart to your site

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$48,336 - $113,811  
   
Bonus
$502 - $19,235  
Profit Sharing
$1,190 - $11,836  
Commission
$0.00 - $25,448  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$48,143 - $123,485  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 2,031
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$13.02 - $39.44  
   
Overtime
$15.46 - $72.88  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$502 - $19,235  
   
Commission
$0.00 - $25,448  
Profit Sharing
$1,190 - $11,836  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$48,143 - $123,485  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 2,031
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Job Description for Product Development Manager
Product development managers are in charge of the analysis and application of products to the general consumer market. Product development managers typically are host to an assortment of creative work-flows, thought processes and application systems. They are also expected to be capable of market analysis at high levels and to demonstrate mastery of critical thought processes. Product development managers must identify the need for a product on the current or near future market and also identify an outline in which the product can be created and delivered to the general populace; however, the specifics of these systems is not their concern. Product development managers are expected to be very flexible in their availability and willing to devote long hours of deliberation toward meeting the needs presented by consumers with the products in development. Product development managers are also expected to have adequate interpersonal skills as they will be working with other employees in virtually all situations. They are expected to have an understanding of current and past marketing trends as well as the economic insight to reasonably predict new ones. Product managers are also expected to have a very intimate understanding of promotional processes and advertising as well as their effect on the general public. Product managers are expected to also understand public relations and their relationship to forthcoming products as well as the current areas of interest in the rising market (e.g. environmentally friendly products). Product managers must have proficiency in Microsoft Office and understanding of information facilitation via these channels.
Product Development Manager Tasks
  • Manage the product development project pipeline and assignment and prioritization of resources.
  • Assist in scale up to commercialization.
  • Collaborate with sales and marketing to develop new business.
Read more about: Marketing Managers
Common Career Paths for Product Development Manager

Product Development Manager Job Listings

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Popular Skills for Product Development Manager
Pay by Experience Level for Product Development Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Boston
up arrow 24%
Seattle
up arrow 23%
Austin
up arrow 13%
Houston
up arrow 6%
Rochester
up arrow 5%
up arrow 3%
Atlanta
up arrow 3%
Dallas
up arrow 3%
San Francisco
up arrow 2%
Denver
0%
National Average
$79,000
Portland
up arrow 4%
Philadelphia
up arrow 11%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Product Development Manager Salaries

National Average
$79,000

Skills That Affect Product Development Manager Salaries

Product Development
up arrow 3%
Project Management
up arrow 1%
National Average
$79,000
Design
up arrow 3%
Job Satisfaction
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Extremely satisfied
Rated 5 out of 5 based on 572 votes.
Gender
Female
41%
female alumni
 
Male
59%
male alumni
Years of Experience
Less than 1 year
1%
1-4 years
25%
5-9 years
31%
10-19 years
30%
20 years or more
12%
Common Health Benefits
medical benefits Medical: 90% dental benefits Dental: 79%
vision benefits Vision: 63% employee benefits None: 8%
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