Average Vice President (VP) of Product Development with Product Development Skills Salary in Minneapolis, Minnesota

$160,596
Avg. Salary
$39,548
Bonus
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The average salary for a Vice President (VP) of Product Development with Product Development skills in Minneapolis, Minnesota is $160,596.
10%
$104k
MEDIAN
$161k
90%
$208k
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United States (change)
Salary
$104k - $208k
Bonus
$25k - $49k
Total Pay
$115k - $290k

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Job Description for Vice President (VP) of Product Development

Vice President (VP) of Product Development Tasks
  • Lead product development and production teams from initial inception to final product.
  • Guide product placement and pricing strategies.
  • Ensure that products meet the brand standards as well as consumer needs.
  • Conduct technical, competitive, and trend analysis to identify and evaluate potential products.

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Popular Skills for Vice President (VP) of Product Development

Pay by Experience Level for Vice President (VP) of Product Development

An experienced Vice President (VP) of Product Development with 10-19 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $168,487 based on 6 salaries. In their late career (20 years and higher), employees earn an average total compensation of $144,828.
Employees with Vice President (VP) of Product Development in their job title in San Francisco, California earn an average of 9.5% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (9.0% more) and Seattle, Washington (8.2% more). The lowest salaries can be found in Chicago, Illinois (25.9% less) and Plano, Texas (11.3% less).

Years of Experience

This data is based on 13 survey responses.
Experienced
46.2%
Late Career
53.8%