What are the main factors that influence a Product Development Specialist III's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Product Development Specialist III?

The Biotechnology industry offers the highest average compensation for Product Development Specialist III roles, with salaries approximately 20% above the market median.

How does experience change A Product Development Specialist 's salary?

A Product Development Specialist 's salary grows with experience: a Product Development Specialist I (0-2 years)earns $67,888, a Product Development Specialist II (2-4 years)earns $79,940, a Product Development Specialist III (4-7 years)earns $96,073, a Product Development Specialist IV (7+ years)earns $123,436, a Product Development Specialist V (7-10 years)earns $148,841,

What are the highest paying states for a Product Development Specialist III?

Product Development Specialist III salary varies significantly by state. The top 3 highest paying states for Product Development Specialist III roles are District of Columbia $114,900, California $114,500, Massachusetts $112,900. These tech hubs typically pay 10-15% above the national average.

How much do different types of Product Development Specialist roles make?

Salaries for Product Development Specialist level roles vary by specialization: Product Development Analyst V: $160,701; Product Development Specialist: $133,665; Product Development Specialist IV: $133,300; Product Development Analyst IV: $133,271; Product Development Analyst III: $103,728.

Product Development Specialist III Salary in New Mexico

How much does a Product Development Specialist III make in New Mexico?

As of September 01, 2026, the average salary for a Product Development Specialist III in New Mexico is $96,100 per year, which breaks down to an hourly rate of $46.

However, a Product Development Specialist III's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $114,249
Majority Range (25th-75th percentile): $85,800 to $105,600
Entry-Level (10th percentile): $76,422

10% $76,422

50% (Median) $96,100

90% $114,249

Product Development Specialist III Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$105,600	$8,800	$2,031	$51
Average	$96,100	$8,008	$1,848	$46
25th Percentile	$85,800	$7,150	$1,650	$41

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Key Factors That Influence Product Development Specialist III Salaries

A Product Development Specialist III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Product Development Specialist Salaries?

Experience is a primary driver of a Product Development Specialist III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Product Development Specialist I (0-2 years): $67,888
Product Development Specialist II (2-4 years): $79,940
Product Development Specialist III (4-7 years): $96,073
Product Development Specialist IV (7+ years): $123,436
Product Development Specialist V (7-10 years): $148,841

Job Role	Years of Experience	Average Salary
Product Development Specialist I	0-2 years	$67,888
Product Development Specialist II	2-4 years	$79,940
Product Development Specialist III	4-7 years	$96,073
Product Development Specialist IV	7+ years	$123,436
Product Development Specialist V	7-10 years	$148,841

View as Graph

How Do Product Development Specialist III Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Product Development Specialist IIIs. For example, consider the average annual salaries in these key locations:

District of Columbia: $114,900.
California: $114,500.
Massachusetts: $112,900.

District of Columbia $114,900 California $114,500 Massachusetts $112,900 Washington $112,500 New Jersey $112,500 Alaska $112,300 Connecticut $110,900 New York $110,300

Hawaii $108,500 Rhode Island $107,600 Maryland $107,000 Minnesota $106,200 Colorado $105,900 Illinois $105,800 Oregon $105,400 Delaware $105,100

New Hampshire $104,900 Virginia $104,500 Pennsylvania $103,300 Nevada $102,700 North Dakota $102,500 Michigan $102,200 Wisconsin $102,100 Vermont $101,900

Maine $101,200 Texas $101,200 Arizona $101,100 Ohio $101,000 Georgia $100,100 Indiana $99,600 Wyoming $99,500 Utah $99,400

Iowa $99,300 Kansas $98,800 Louisiana $98,700 Missouri $98,600 North Carolina $98,600 Florida $98,200 Montana $98,000 Nebraska $97,800

Kentucky $97,700 South Carolina $97,200 Tennessee $97,000 Idaho $96,900 New Mexico $96,100 Oklahoma $96,000 Alabama $95,300 South Dakota $94,300

Arkansas $93,800 West Virginia $93,500 Mississippi $92,600

Top Paying Cities for Product Development Specialist IIIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Algodones: $97,100
Belen: $96,600
Bernalillo: $97,300

Algodones, NM $97,100 Belen, NM $96,600 Bernalillo, NM $97,300 Bluewater, NM $95,300 Bosque, NM $95,900 Casa Blanca, NM $96,100 Cedar Crest, NM $97,400 Cedarvale, NM $93,600

Cerrillos, NM $97,200 Claunch, NM $93,200 Coyote, NM $95,800 Cuba, NM $95,600 Cubero, NM $96,300 Edgewood, NM $97,000 Estancia, NM $95,800 Gallina, NM $95,300

Counselor, NM $95,300 Grants, NM $95,200 Milan, NM $95,500 Isleta, NM $97,500 Jarales, NM $96,500 Jemez Pueblo, NM $96,700 Jemez Springs, NM $96,400 Laguna, NM $96,800

La Jara, NM $95,500 La Joya, NM $95,300 Lindrith, NM $95,200 Los Lunas, NM $97,100 Mcintosh, NM $96,300 Pueblo Of Acoma, NM $95,700 Moriarty, NM $96,000 Mountainair, NM $95,000

Nageezi, NM $95,200 New Laguna, NM $96,300 Paguate, NM $96,300 Pena Blanca, NM $97,400 Peralta, NM $97,300 Placitas, NM $97,300 Ponderosa, NM $96,600 Prewitt, NM $95,200

Regina, NM $95,300 Sandia Park, NM $97,200 Corrales, NM $97,500 San Fidel, NM $95,800 San Rafael, NM $95,400 Santo Domingo Pueblo, NM $97,200 San Ysidro, NM $97,000 Stanley, NM $96,000

Tijeras, NM $97,200 Tome, NM $97,000 Torreon, NM $96,700 Veguita, NM $95,900 Willard, NM $94,800 Youngsville, NM $95,800 Bosque Farms, NM $97,400 Clines Corners, NM $95,400

Cochiti Pueblo, NM $97,200 Cochiti Lake, NM $97,400 Albuquerque, NM $97,600 Kirtland Afb, NM $97,600 Rio Rancho, NM $97,400 Gallup, NM $95,400 Brimhall, NM $95,100 Church Rock, NM $95,200

Continental Divide, NM $95,100 Crownpoint, NM $95,200 Fence Lake, NM $94,700 Fort Wingate, NM $95,100 Gamerco, NM $95,300 Mentmore, NM $95,100 Mexican Springs, NM $95,100 Ramah, NM $95,000

Rehoboth, NM $95,200 Thoreau, NM $95,200 Tohatchi, NM $95,100 Vanderwagen, NM $95,100 Zuni, NM $95,100 Navajo, NM $95,200 Jamestown, NM $95,000 Pinehill, NM $94,900

Sheep Springs, NM $95,200 Smith Lake, NM $95,600 Yatahey, NM $95,200 Farmington, NM $95,600 Aztec, NM $95,800 Blanco, NM $95,400 Bloomfield, NM $95,300 Flora Vista, NM $95,700

Fruitland, NM $95,100 Kirtland, NM $95,700 La Plata, NM $95,800 Navajo Dam, NM $95,700 Shiprock, NM $95,600 Waterflow, NM $95,500 Newcomb, NM $95,200 Sanostee, NM $95,200

Santa Fe, NM $98,100 Abiquiu, NM $95,400 Alcalde, NM $97,100 Amalia, NM $95,200 Arroyo Hondo, NM $95,100 Arroyo Seco, NM $95,200 Canjilon, NM $95,100 Canones, NM $96,000

Carson, NM $95,500 Cebolla, NM $95,200 Cerro, NM $95,200 Chama, NM $95,600 Chamisal, NM $96,800 Chimayo, NM $97,500 Cordova, NM $97,300 Costilla, NM $95,600

Taos Ski Valley, NM $94,900 Dixon, NM $96,700 Dulce, NM $95,600 El Prado, NM $95,300 El Rito, NM $95,700 Embudo, NM $96,200 Espanola, NM $97,400 Glorieta, NM $97,700

Hernandez, NM $96,500 Ilfeld, NM $96,800 La Madera, NM $95,600 Lamy, NM $97,300 Llano, NM $96,600 Los Alamos, NM $97,600 White Rock, NM $97,700 Medanales, NM $96,600

Ojo Caliente, NM $96,000 Los Ojos, NM $95,300 Pecos, NM $97,400 Penasco, NM $96,200 Petaca, NM $95,000 Questa, NM $95,300 Ranchos De Taos, NM $95,800 Red River, NM $95,000

Ribera, NM $95,600 Rowe, NM $96,900 San Cristobal, NM $95,000 San Jose, NM $96,600 Ohkay Owingeh, NM $97,100 Santa Cruz, NM $97,400 Serafina, NM $95,400 Taos, NM $95,300

Tererro, NM $97,700 Tesuque, NM $98,100 Tierra Amarilla, NM $95,300 Trampas, NM $96,200 Tres Piedras, NM $95,000 Truchas, NM $97,000 Vadito, NM $96,100 Valdez, NM $95,100

Vallecitos, NM $95,000 Velarde, NM $96,600 Villanueva, NM $95,400 Spaceport City, NM $93,500 Las Vegas, NM $94,600 Angel Fire, NM $94,900 Anton Chico, NM $94,500 Buena Vista, NM $95,300

Chacon, NM $95,400 Cimarron, NM $94,800 Cleveland, NM $96,100 Eagle Nest, NM $94,800 Guadalupita, NM $95,300 Holman, NM $95,800 La Loma, NM $94,300 Maxwell, NM $94,800

Miami, NM $94,600 Mills, NM $94,200 Montezuma, NM $96,600 Mora, NM $96,200 Mosquero, NM $94,200 Ocate, NM $94,700 Ojo Feliz, NM $94,900 Rainsville, NM $95,400

Raton, NM $95,000 Rociada, NM $96,600 Roy, NM $94,300 Sapello, NM $95,800 Solano, NM $94,200 Springer, NM $94,500 Ute Park, NM $94,800 Valmora, NM $94,500

Wagon Mound, NM $94,400 Watrous, NM $94,600 Socorro, NM $94,400 Aragon, NM $94,600 Datil, NM $94,300 Lemitar, NM $94,800 Luna, NM $94,800 Magdalena, NM $94,300

Pie Town, NM $94,600 Polvadera, NM $95,000 Quemado, NM $94,800 Reserve, NM $94,600 San Acacia, NM $95,200 San Antonio, NM $93,800 Truth Or Consequences, NM $93,800 Arrey, NM $93,800

Caballo, NM $93,900 Derry, NM $93,400 Elephant Butte, NM $94,100 Garfield, NM $93,100 Hatch, NM $91,600 Monticello, NM $93,800 Rincon, NM $91,100 Salem, NM $92,800

Williamsburg, NM $93,900 Winston, NM $93,900 Las Cruces, NM $89,900 White Sands Missile Range, NM $90,200 Santa Teresa, NM $90,900 Playas, NM $94,300 Animas, NM $94,500 Anthony, NM $90,800

Arenas Valley, NM $94,300 Bayard, NM $94,200 Berino, NM $90,400 Buckhorn, NM $94,300 Santa Clara, NM $94,400 Chamberino, NM $90,500 Cliff, NM $94,200 Columbus, NM $94,000

Deming, NM $94,000 Dona Ana, NM $89,900 Fairacres, NM $90,200 Faywood, NM $93,900 Fort Bayard, NM $94,300 Gila, NM $94,100 Glenwood, NM $94,200 Hachita, NM $94,000

Hanover, NM $94,000 Hillsboro, NM $93,800 Hurley, NM $94,200 La Mesa, NM $91,600 Lordsburg, NM $94,200 Mesilla, NM $89,900 Mesilla Park, NM $89,900 Mesquite, NM $90,000

Mimbres, NM $94,100 Mule Creek, NM $94,300 Organ, NM $90,000 Pinos Altos, NM $94,200 Radium Springs, NM $89,900 Redrock, NM $94,000 Rodeo, NM $94,600 San Miguel, NM $90,000

Silver City, NM $94,200 Sunland Park, NM $90,400 Tyrone, NM $94,500 Vado, NM $90,000 Chaparral, NM $91,200 Clovis, NM $94,000 Cannon Afb, NM $93,800 Broadview, NM $93,800

Causey, NM $93,600 Crossroads, NM $93,400 Dora, NM $93,800 Elida, NM $93,400 Floyd, NM $93,700 Fort Sumner, NM $93,600 Grady, NM $93,900 House, NM $93,800

Kenna, NM $93,400 Lingo, NM $93,600 Melrose, NM $93,800 Milnesand, NM $93,400 Pep, NM $93,500 Portales, NM $93,900 Rogers, NM $93,600 Saint Vrain, NM $93,900

Taiban, NM $93,600 Texico, NM $93,900 Yeso, NM $93,200 Roswell, NM $93,300 Artesia, NM $93,500 Caprock, NM $93,300 Carlsbad, NM $93,600 Dexter, NM $93,400

Eunice, NM $93,700 Hagerman, NM $93,400 Hobbs, NM $93,800 Hope, NM $93,100 Jal, NM $93,500 Lake Arthur, NM $93,300 Lakewood, NM $93,400 Loco Hills, NM $93,600

Loving, NM $93,500 Lovington, NM $93,700 Mcdonald, NM $93,400 Malaga, NM $93,500 Maljamar, NM $93,400 Monument, NM $93,600 Tatum, NM $93,500 Whites City, NM $93,700

Carrizozo, NM $92,900 Alamogordo, NM $92,600 Alto, NM $92,900 Bent, NM $92,600 Capitan, NM $92,700 Cloudcroft, NM $92,600 Corona, NM $93,300 Encino, NM $94,000

Fort Stanton, NM $92,700 Glencoe, NM $92,700 High Rolls Mountain Park, NM $92,600 Holloman Air Force Base, NM $92,600 Hondo, NM $92,700 La Luz, NM $92,600 Lincoln, NM $92,500 Mayhill, NM $92,800

Mescalero, NM $92,600 Nogal, NM $93,000 Orogrande, NM $92,600 Picacho, NM $92,700 Pinon, NM $93,100 Ruidoso, NM $93,100 Ruidoso Downs, NM $92,900 Sacramento, NM $92,700

San Patricio, NM $92,800 Sunspot, NM $92,600 Timberon, NM $92,800 Tinnie, NM $92,700 Tularosa, NM $92,600 Vaughn, NM $93,700 Weed, NM $92,800 Tucumcari, NM $94,100

Amistad, NM $94,000 Bard, NM $93,800 Capulin, NM $94,900 Clayton, NM $94,200 Conchas Dam, NM $94,300 Cuervo, NM $93,800 Des Moines, NM $94,500 Folsom, NM $94,700

Garita, NM $94,100 Gladstone, NM $94,300 Grenville, NM $94,300 Logan, NM $94,100 Mcalister, NM $93,800 Nara Visa, NM $93,900 Newkirk, NM $94,000 Quay, NM $94,100

San Jon, NM $94,000 Santa Rosa, NM $94,100 Sedan, NM $94,100 Trementina, NM $94,100

Product Development Specialist III Salary by Company Size: Startups vs. Enterprise

Product Development Specialist III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $107,396. While startup companies pay approximate $90,846.

Product Development Specialist III Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$90,846
Growth Stage	51~500	$96,079
Established	501~5000	$103,704
Enterprise	5000+	$107,396

Product Development Specialist III Salary by Industry: Top Paying Sectors

For Product Development Specialist III roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Energy & Utilities sectors offer the strongest compensation, at 20% above the average. In contrast, Product Development Specialist positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay, as these industries often view Product Development Specialist III as a support function rather than a direct revenue driver.

The top paying industries for a Product Development Specialist III

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Biotechnology	$115,320	$55.0	20%
Energy & Utilities	$115,320	$55.0	20%
Software & Networking	$115,320	$55.0	20%
Financial Services	$110,515	$53.0	15%
Pharmaceuticals	$110,515	$53.0	15%

Product Development Specialist III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Product Development Specialist III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

$85,800

Average $96,100/year

$105,600

$7,150

Average $8,008/month

$8,800

$1,650

Average $1,848/week

$2,031

$41

Average $46/hour

$51

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$105,600	$8,800	$2,031	$51
Average	$96,100	$8,008	$1,848	$46
25th Percentile	$85,800	$7,150	$1,650	$41

Product Development Specialist III Salary Growth & Career Path

Product Development Specialist III

Next Role

Advancement

Product Development Specialist IV Head of Product Development

For a Product Development Specialist III, the most direct path to higher earnings is advancing to the Product Development Specialist IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $123,500 - a projected growth of 29% over your current level.

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Product Development Specialist III Salary in New Mexico

How much does a Product Development Specialist III make in New Mexico?

Key Factors That Influence Product Development Specialist III Salaries

How Experience Level Affects Product Development Specialist Salaries?

How Do Product Development Specialist III Salaries Vary from State to State?

Top Paying Cities for Product Development Specialist IIIs

Product Development Specialist III Salary by Company Size: Startups vs. Enterprise

Product Development Specialist III Salary by Company Size

Product Development Specialist III Salary by Industry: Top Paying Sectors

The top paying industries for a Product Development Specialist III

Product Development Specialist III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Product Development Specialist III Salary Growth & Career Path

Find Your Next Product Development Specialist III Job

For Employees

For Employers

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?

Product Development Specialist III Salary in New Mexico

How much does a Product Development Specialist III make in New Mexico?

Key Factors That Influence Product Development Specialist III Salaries

How Experience Level Affects Product Development Specialist Salaries?

How Do Product Development Specialist III Salaries Vary from State to State?

Top Paying Cities for Product Development Specialist IIIs

Product Development Specialist III Salary by Company Size: Startups vs. Enterprise

Product Development Specialist III Salary by Company Size

Product Development Specialist III Salary by Industry: Top Paying Sectors

The top paying industries for a Product Development Specialist III

Product Development Specialist III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Product Development Specialist III Salary Growth & Career Path

Salaries of Jobs related to Product Development Specialist III

Find Your Next Product Development Specialist III Job

For Employees

For Employers

Where Does Our Salary Data Come From?

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