Product Owner Salary

The average Product Owner in the United States earns approximately $81K per year. Cash earnings for Product Owners — including $15K in bonuses and $11K in profit sharing proceeds near the top of the pay scale — generally stretch from $50K to $126K depending on individual performance. Residence and years of experience each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and most collect dental insurance. Most Product Owners report high levels of job satisfaction. More than half of Product Owners (63 percent) survey respondents are men. Respondents to the PayScale salary survey provided the data for this report.
Read More
$49,904 - $120,097

Add this chart to your site: 640px    300px

$17.44 - $64.56

Add this chart to your site: 640px    300px

National 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
$49,904 - $120,097  
   
Bonus
$734 - $15,146  
Profit Sharing
$199.00 - $10,850  
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).
)
$50,326 - $125,826  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 484
National Hourly Rate 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$25$50$75
Hourly Rate
$17.44 - $64.56  
   
Overtime
$13.00 - $51.00  
National Annualized 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
Bonus
$734 - $15,146  
   
Profit Sharing
$199.00 - $10,850  
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).
)
$50,326 - $125,826  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 20
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Product Owner

The product owner plays a leadership role in their organization, usually a software company. Common employers for product owners include software companies, particularly those are developing new software or provide support to other companies. The product owner must have a good understanding of the software being developed and be able to communicate effectively with their coworkers. They also act as the manager of the product development team, helping nurture ideas, extract and retrieve information, determine the roadmap for the product, and work throughout the development process with the scrum team. The scrum team is typically under the product owner's supervision.

Read More...

Product Owner Tasks

  • Manage daily project goals and product schedules, adjusting expectations and setting priorities.
  • Work with customers, stakeholders and internal teams to create and customize products.
  • Write and capture user stories and user needs to communicate product objectives and requirements.
  • Schedule and lead meetings to surface issues, identify fixes and advance projects.

Product Owner Job Listings

Search for more jobs:

Popular Skills for Product Owner


Product Owners seem to require a number of specific skills. Most notably, skills in Business Analysis, Project Management, Requirements Analysis, and Agile are correlated to pay that is above average. Product Management and Scrum, on the other hand, are typically associated with much lower pay. The majority of those who know Agile also know Project Management.

Pay by Experience Level for Product Owner

Median of all compensation (including tips, bonus, and overtime) by years of experience.


More years of relevant experience do not necessarily translate to higher paychecks. Respondents with less than five years' experience take home $72K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $93K. Between 10 and 20 years, pay surpasses six figures; at this stage, the average professional scores around $103K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $104K.

Pay Difference by Location


For Product Owners, busy Houston offers a higher-than-average pay rate, 27 percent above the national average. Product Owners will also find cushy salaries in Atlanta (+27 percent), New York (+16 percent), Portland (+16 percent), and Seattle (+12 percent). Compared to the national average, Salt Lake City Product Owners have considerably lower salaries, 32 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Employers in San Diego and Denver also lean toward paying below-median salaries (24 percent lower and 4 percent lower, respectively).

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Product Owner Salaries




National Average
$83,000


Skills That Affect Product Owner Salaries

Business Analysis
up arrow 3%

Project Management
0%

National Average
$83,000

Requirements Analysis
up arrow 1%

Agile
up arrow 2%

Product Development
up arrow 2%

up arrow 5%

Product Management
up arrow 21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
3%
1-4 years
46%
5-9 years
24%
10-19 years
21%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 84%
vision benefits Vision: 69% employee benefits None: 9%
ADVERTISEMENT