As of April 01, 2025, the average annual salary for a Head of Product Development in Buffalo, NY is $264,500. According to Salary.com, salaries can range from a low of $226,482 to a high of $304,619, with most professionals earning between $244,600 and $285,500.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $285,500 | $23,792 | $5,490 | $137 |
| Average | $264,500 | $22,042 | $5,087 | $127 |
| 25th Percentile | $244,600 | $20,383 | $4,704 | $118 |
An entry-level Head of Product Development with under 1 year experience makes about $252,311. With less than 2 years of experience, a mid-level Head of Product Development makes around $254,095. After 2-4 years, the Head of Product Development pay rises to about $256,473. Those senior Head of Product Development with 5-8 years of experience earn roughly $260,042, and those Head of Product Development having 8 years or more experience are expected to earn about $264,502 on average.
| Levels | Salary |
|---|---|
| Entry Level Head of Product Development | $252,311 |
| Intermediate Level Head of Product Development | $254,095 |
| Senior Level Head of Product Development | $256,473 |
| Specialist Level Head of Product Development | $260,042 |
| Expert Level Head of Product Development | $264,502 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 0% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Innovation: The ability and process of implementing new ideas and initiatives to improve organizational performance.
Product Marketing: Product marketing is a process of promoting and selling a product to a customer. Also product marketing is defined as being the intermediary function between product development and increasing brand awareness. For example, product management deals with the basics of product development within a firm, whereas product marketing deals with marketing the product to prospects, customers, and others. Product marketing, as a job function within a firm, also differs from other marketing jobs such as social media marketing, marketing communications ("marcom"), online marketing, advertising, marketing strategy, and public relations, although product marketers may use channels such as online for outbound marketing for their product. A product market is something that is referred to when pitching a new product to the general public. Product market definition focuses on a narrow statement: the product type, customer needs (functional needs), customer type, and geographic area.
Mutual Fund: A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.
| Skill | Salary | Demand |
|---|---|---|
|
Employee Selection
|
$309,465 |
17%
|
|
Goal Oriented
|
$293,595 |
11%
|
|
Continuous Improvement
|
$285,660 |
8%
|
|
Asset Management
|
$280,370 |
6%
|
|
Industry Knowledge
|
$277,725 |
5%
|
|
Team Management
|
$277,725 |
5%
|
