As of November 01, 2025, the average salary for a Senior Manager of Product Development in the United States is $180,840 per year, which breaks down to an hourly rate of $87.
However, a Senior Manager of Product Development's salary can vary significantly. Here’s a look at the typical salary range:
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A Senior Manager of Product Development'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.
Experience is a primary driver of a Senior Manager of Product Development'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:
| Levels | Salary |
|---|---|
| Entry Level Senior Manager of Product Development | $175,523 |
| Intermediate Level Senior Manager of Product Development | $176,161 |
| Senior Level Senior Manager of Product Development | $177,650 |
| Specialist Level Senior Manager of Product Development | $179,351 |
| Expert Level Senior Manager of Product Development | $181,178 |
What Am I Worth?
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 Senior Manager of Product Developments. For example, consider the average annual salaries in these key locations:
Understanding how a Senior Manager of Product Development'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.
Last Updated on November 01, 2025Salaries for a Senior Manager of Product Development can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $163,570 in 2023 to around $161,784 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Senior Manager of Product Development salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $163,570 |
| 2024 | $163,460 |
| 2025 | $161,784 |
| 2026 |
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|
| Median | % of Total | |
|---|---|---|
| Base Salary | $180,840 | 65.8% |
| Bonus | $23,560 | 8.6% |
| Median | % of Total | |
|---|---|---|
| Social Security | $13,417 | 4.9% |
| 401K/403B | $8,585 | 3.1% |
| Disability | $4,088 | 1.5% |
| Healthcare | $8,352 | 3.0% |
| Pension | $11,038 | 4.0% |
| Time Off | $25,157 | 9.1% |
| Total Compensation | $275,037 | 100% |
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The estimated total pay range for a Senior Manager of Product Development at Discover is approximately $157,590 to $200,550 per year. This range reflects the base salary and potential additional compensation.
The highest salary for a Senior Manager of Product Development is $200,550. The minimum salary starts at $157,590, while the mid-range salary is $177,200. This indicates that the top 10% of earners in this role can expect to earn significantly above the mid-range figure.
The role of a Senior Manager of Product Development can be stressful, as it involves overseeing critical projects and meeting ambitious goals. With a salary range from $157,590 to $200,550, the pressure to deliver results is significant. Maintaining a healthy work-life balance is essential to manage stress effectively and sustain high performance.
A senior manager is a key individual at the senior level of an organization, responsible for overseeing transitions and migrations, ensuring engagement, and preparing staff for behavioral changes to achieve overall success. In terms of compensation, the salary for a Senior Manager of Product Development ranges from $157,590 to $200,550, with a midpoint of $177,200.
The salary for a Senior Manager of Product Development in the US ranges from $157,590 to $200,550, with a mid-point salary of $177,200. This figure may vary based on experience, location, and company size. Additional cash compensation can also contribute to the overall earnings.
Yes, product managers can make over $200,000. For instance, the salary data for a Senior Manager of Product Development shows a maximum salary of $200,550. Other roles like Group Product Manager and Principal Product Manager also have high average salaries, indicating that reaching or exceeding the $200k mark is achievable in this field.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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