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Product Research and Development Manager Salary in Minnesota

How much does a Product Research and Development Manager make in Minnesota?

As of August 01, 2026, the average salary for a Product Research and Development Manager in Minnesota is $148,700 per year, which breaks down to an hourly rate of $71.

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

  • Top Earners (90th percentile): $171,816
  • Majority Range (25th-75th percentile): $137,700 to $160,800
  • Entry-Level (10th percentile): $127,685
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View as table View as graph 25% $137,700 10% $127,685 90% $171,816 75% $160,800 $148,700 50%(Median) Didn’t find job title? Click

Product Research and Development Manager Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $160,800 $13,400 $3,092 $77
Average $148,700 $12,392 $2,860 $71
25th Percentile $137,700 $11,475 $2,648 $66
Check out Product Research and Development Manager Job Openings in Minnesota
Finance Manager Product Development

Marvin - Warroad, MN

Food Product Development Manager

E. A. Sween Company - Eden Prairie, MN

Product Development Manager

Wrap-It Storage - Saint Paul, MN

Director Product Research&amp Development

Dairy Management Inc. - Saint Paul, MN

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Key Factors That Influence Product Research and Development Manager Salaries

A Product Research and Development Manager'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 Research and Development Manager Salaries?

Experience is a primary driver of a Product Research and Development Manager'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:

  • R & D Support Associate VI (10-12 years): $219,607
  • R & D Supervisor (12+ years): $117,061
  • Product Research and Development Manager (12+ years): $148,608
  • Product Research and Development Senior Manager (12+ years): $181,869
  • Product Research and Development Director (12+ years): $209,602
Job Role Years of Experience Average Salary
R & D Support Associate VI10-12 years$219,607
R & D Supervisor12+ years$117,061
Product Research and Development Manager12+ years$148,608
Product Research and Development Senior Manager12+ years$181,869
Product Research and Development Director12+ years$209,602
$219,607 R & D Sup...
$117,061 R & D Sup...
$148,608 Product R...
$181,869 Product R...
$209,602 Product R...
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What Am I Worth?

Top Paying Cities for Product Research and Development Managers

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:

  • Conger: $142,300
  • Courtland: $142,200
  • Darfur: $141,400

Product Research and Development Manager Salary by Company Size: Startups vs. Enterprise

Product Research and Development Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $166,461. While startup companies pay approximate $140,822.

Product Research and Development Manager Salary by Company Size

Company Size Employees Average Salary
Startup1~50$140,822
Growth Stage51~500$148,936
Established501~5000$160,748
Enterprise5000+$166,461

Product Research and Development Manager Salary by Industry: Top Paying Sectors

For Product Research and Development Manager 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 Financial Services sectors offer the strongest compensation, at 25% above the average. In contrast, Product Research and Development Manager positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Product Research and Development Manager as a support function rather than a direct revenue driver.

The top paying industries for a Product Research and Development Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Biotechnology$185,875$89.025%
Financial Services$171,005$82.015%
Insurance$171,005$82.015%
Pharmaceuticals$171,005$82.015%
Energy & Utilities$163,570$79.010%

Product Research and Development Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Product Research and Development Manager'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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$137,700
Average $148,700/year
$160,800
$11,475
Average $12,392/month
$13,400
$2,648
Average $2,860/week
$3,092
$66
Average $71/hour
$77
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $160,800 $13,400 $3,092 $77
Average $148,700 $12,392 $2,860 $71
25th Percentile $137,700 $11,475 $2,648 $66

Product Research and Development Manager Salary Growth & Career Path

Product Research and Development Manager
Human Factors Engineering Senior Manager
Product Research and Development Senior Manager
Human Factors Engineering Director
SVP of R & D

Promotions are the fastest way to increase your earnings. As a Product Research and Development Manager, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Product Research and Development Manager Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Human Factors Engineering Senior Manager $183,800 24%
Product Research and Development Senior Manager $181,900 22%

Salaries of jobs related to Product Research and Development Manager

Find Your Next Product Research and Development Manager Job

Ready to take the next step in your career? Browse thousands of current Product Research and Development Manager job openings on our job board. Use the search bar below to find your perfect match.

United States

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    Maple Grove, MN

    Research And Development Technician

    Akkodis | Maple Grove, MN

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    Minneapolis, MN

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    Saint Paul, MN

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    Product Developer SpecialistAt Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating bre... more

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  • Gopher Sport

    Owatonna, MN

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    Minneapolis, MN

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  • Confidential

    Minneapolis, MN

    Senior Associate Vice President Research Development&Strategy

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    Senior Associate Vice President for Research Development & Strategy. About the Company. Top-tier higher education institution. Industry. Higher Education. ... more

    1 Month Ago

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Cost of Living In Minnesota

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