Product Development Manager Salary (United States)

The average salary for a Product Development Manager is $75,342 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 Salary (?
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.
)
$48,016 - $112,881
(Median)
48K
60K
75K
94K
110K
MEDIAN: $75,341
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px
Product Development Manager Salary (?
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.
)
$14.41 - $39.79
(Median)
14
20
27
40
MEDIAN: $20
10%
50%
75%
90%
Add this chart to your site: 640px    300px

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
$48,016 - $112,881  
   
Bonus
$494.18 - $18,508  
Profit Sharing
$1,193 - $12,046  
Commission
$0.00 - $27,349  
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).
)
$47,790 - $122,349  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,907
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
$14.41 - $39.79  
   
Overtime
$0.00 - $72.41  
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
$494.18 - $18,508  
   
Commission
$0.00 - $27,349  
Profit Sharing
$1,193 - $12,046  
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).
)
$47,790 - $122,349  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 59
Is Product Development Manager your job title? Get a personalized salary report!
Location:
Years in Field/Career:
Location:
Years in Field/Career:
United States (change)

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.

Common Career Paths for Product Development Manager

Add this chart to your site:   640px 640px    300px 300px   Copy and paste this HTML:

Product Development Manager Job Listings

Search for more jobs:
job title / company
location

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 26%
up arrow 19%
Houston
up arrow 17%
Minneapolis
up arrow 11%
Austin
up arrow 6%
Rochester
up arrow 6%
Atlanta
up arrow 5%
up arrow 3%
Denver
up arrow 3%
San Francisco
up arrow 1%
Dallas
0%
National Average
$79,000
Portland
up arrow 3%
Philadelphia
up arrow 10%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -

Experience Affects Product Development Manager Salaries

National Average
$79,000

Skills That Affect Product Development Manager Salaries

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 538 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
32%
10-19 years
29%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 79%
vision benefits Vision: 64% employee benefits None: 8%