Product Development Manager in Chicago, Illinois Salary

A Product Development Manager in Chicago, Illinois earns an average salary of $86,145 per year. Experience has a moderate effect on income for this job. Skills that are associated with high pay for this job are People Management and Marketing Management.

$60,407 - $131,960
$60K
$86K
$130K
MEDIAN: $86,145
10%
50%
90%

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Local Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$60,407 - $131,960  
   
Bonus
$1,175 - $20,386  
Profit Sharing
$7,000  
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).
)
$58,175 - $143,253  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 45

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United States (change)

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About Chicago, Illinois

Cook County, Illinois
2,720,556
Male:
1,320,015 (48.5%)
Female:
1,400,541 (51.5%)
Chicago (/ʃᵻˈkɑːɡoʊ/ or /ʃᵻˈkɔːɡoʊ/), officially the City of Chicago, is the third-most populous city in the United States. With over 2.7 million residents, it is the most populous city in the state of Illinois and the Midwestern United States, and the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth century. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research...
Chicago:
$50,702
Illinois:
$59,588
$985
Chicago:
$238,500
Illinois:
$180,300
6.3%

Product Development Manager Job Listings

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Pay by Experience Level for Product Development Manager

Pay by Experience for a Product Development Manager has a positive trend. An entry-level Product Development Manager with less than 5 years of experience can expect to earn an average total compensation of $76,000 based on 17 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Development Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $88,000 based on 21 salaries. An experienced Product Development Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $118,000 based on 17 salaries. A Product Development Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $132,000 based on 8 salaries.

Key Stats for Product Development Manager

Gender

Female
50 %
Male
50 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
Less than 1 year
4%
1-4 years
21%
5-9 years
36%
10-19 years
21%
20 years or more
17%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Product Development Manager Salaries

Late-Career
▲44%

▲28%

National Average
$92,000

▼4%

▼18%

Skills That Affect Product Development Manager Salaries

People Management
▲33%

Marketing Management
▲11%

Market Research
▲3%

Product Management
▲2%

National Average
$92,000


Microsoft Office
▼8%

Design
▼10%


Microsoft Word
▼12%

Microsoft Excel
▼13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
4%
1-4 years
21%
5-9 years
36%
10-19 years
21%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 83%
vision benefits
Vision: 64%
no benefits
None: 14%