Average Product Owners in the United States make around $80K per year. Cash earnings for Product Owners — which occasionally include more than $15K from bonuses and more than $10K from profit sharing — stretch from around $52K to approximately $125K. Earnings for this group are mostly affected by residence, followed by the company and experience level. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Job satisfaction is reported as high by the vast majority of workers. More than half of Product Owners (64 percent) survey respondents are men. The information for this snapshot was generated by responses to the PayScale salary survey.
Read More
$52,042 - $118,042
$52K
$80K
$120K
MEDIAN: $80,478
10%
50%
90%

Add this chart to your site: 640px    300px

$15.68 - $64.90
$16
$30
$65
MEDIAN: $29.85
10%
50%
90%

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
$52,042 - $118,042  
   
Bonus
$996 - $14,541  
Profit Sharing
$123.82 - $9,849  
Commission
$6,000  
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).
)
$51,926 - $124,748  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 854
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
$15.68 - $64.90  
   
Overtime
$25.68 - $72.72  
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
$996 - $14,541  
   
Commission
$6,000  
Profit Sharing
$123.82 - $9,849  
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).
)
$51,926 - $124,748  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 36

Find Out Exactly What You Should Be Paid

United States (change)

Employers: 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

  • 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.
  • Manage daily project goals and product schedules, adjusting expectations and setting priorities.
  • Work with customers, stakeholders and internal teams to create and customize products.

Product Owner Job Listings

Search for more jobs:

Popular Employer Salaries for Product Owner


Known for taking on a considerable number of Product Owners, Applied Systems, Inc., MRI Software, Western Governors University (WGU), Capital One Financial Corp, and UnitedHealth Group are leading firms in the industry. For Product Owners, comfortable salaries can be found at UnitedHealth Group; in fact, median earnings sit around $95K, the highest in the area.

Popular Skills for Product Owner


Survey results suggest that Product Owners use a fairly large toolkit of professional skills. Most notably, facility with ScrumMaster and Team Leadership are correlated to pay that is significantly above average, leading to increases of 24 percent and 9 percent, respectively. Skills that seem to negatively impact pay include Scrum. The majority of those who know Project Management also know Agile.

Pay by Experience Level for Product Owner

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


Experience is an important factor influencing the compensation of Product Owners. Survey participants with less than five years' experience pocket $73K on average, but those with five to 10 years of experience enjoy a much bigger median of $91K. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $103K. Survey participants who have worked for more than two decades report bringing in $119K on average.

Pay Difference by Location

National Average: $82,552

Larger city markers indicate a job is popular in that location.

For Product Owners, top-notch salaries can be found in eastern parts of the United States: New York, Philadelphia, and Boston offer exceptional salaries — better than the national average for those in this field. Product Owners in Salt Lake City take home the lowest salaries, earning a whopping 36 percent less than the national average.

Product Owner Reviews

Q: What is it like working as a Product Owner?

Product Owner in Cleveland:
"Rewarding, challenging, but good."
Pros: I like the innovation and creativity required to do my job well. We have to move with both the market and new technological trends, and that keeps us all on our toes. In addition, I actually like the constant curve-balls we're thrown, as it provides more inherent challenge in accomplishing our goals.
Cons: It's often difficult to get resources, as we have so many priorities. There aren't enough developers to go around, and that can stall work.

Related Job Salaries

Key Stats for Product Owner

Gender

Female
36 %
Male
64 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 126 votes.
045
Less than 1 year
3%
1-4 years
45%
5-9 years
27%
10-19 years
18%
20 years or more
6%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Product Owner Salaries




National Average
$83,000


Skills That Affect Product Owner Salaries

ScrumMaster
up arrow 24%





Agile Software Development
0%

Project Management
0%

National Average
$83,000

up arrow 1%


up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 126 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
3%
1-4 years
45%
5-9 years
27%
10-19 years
18%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 83%
vision benefits
Vision: 73%
dental benefits
None: 8%
ADVERTISEMENT