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As of August 01, 2026, the average salary for a Software Product Manager II in Indiana is $105,000 per year, which breaks down to an hourly rate of $50.
However, a Software Product Manager II's salary can vary significantly. Here’s a look at the typical salary range:
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Software Product Manager II Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $117,900 | $9,825 | $2,267 | $57 |
| Average | $105,000 | $8,750 | $2,019 | $50 |
| 25th Percentile | $99,300 | $8,275 | $1,910 | $48 |
Kelly - Bloomington, IN
The Independent Community Bankers of America - WASHINGTON, DC
L3Harris Technologies - CUSHMAN, MA
L3Harris Technologies - STRATMOOR HILLS, CO
A Software Product Manager II'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 Software Product Manager II'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Software Product Manager I | 0-2 years | $76,882 |
| Software Product Manager II | 2-4 years | $104,999 |
| Software Product Manager III | 4-7 years | $126,407 |
| Software Product Manager IV | 7+ years | $140,745 |
| Software Product Manager V | 7-10 years | $172,320 |
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 Software Product Manager IIs. For example, consider the average annual salaries in these key locations:
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:
Software Product Manager II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $117,541. While startup companies pay approximate $99,437.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $99,437 |
| Growth Stage | 51~500 | $105,167 |
| Established | 501~5000 | $113,507 |
| Enterprise | 5000+ | $117,541 |
For Software Product Manager II 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 Internet and Energy & Utilities sectors offer the strongest compensation, at 25% above the average. In contrast, Software Product Manager positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Software Product Manager II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Internet | $131,250 | $63.0 | 25% |
| Energy & Utilities | $120,750 | $58.0 | 15% |
| Chemicals | $115,500 | $56.0 | 10% |
| Financial Services | $115,500 | $56.0 | 10% |
| Insurance | $115,500 | $56.0 | 10% |
Understanding how a Software Product Manager II'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $117,900 | $9,825 | $2,267 | $57 |
| Average | $105,000 | $8,750 | $2,019 | $50 |
| 25th Percentile | $99,300 | $8,275 | $1,910 | $48 |
For a Software Product Manager II, the most direct path to higher earnings is advancing to the Software Product Manager III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $126,500 - a projected growth of 20% over your current level.
Ready to take the next step in your career? Browse thousands of current Software Product Manager II job openings on our job board. Use the search bar below to find your perfect match.
L3Harris Technologies
SPRINGFIELD, MA
L3Harris Technologies | SPRINGFIELD, MA
Are you ready to take your engineering career to the next level and be a part of something truly extraordinary. Join our trailblazing team in the Northampt... more
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Kaiser Permanente
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As a Product Manager IV at Kaiser Permanente in the Information Technology & Software space, you’ll own strategy and delivery for key areas of our entrepre... more
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Trusted Health
RIB MOUNTAIN, WI
Trusted Health | RIB MOUNTAIN, WI
Trusted Health is seeking a Product Manager to drive the evolution of our digital staffing platform for nurses and clinicians. You will own roadmap and exe... more
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Mastercard
WELDON SPRING, MO
Mastercard | WELDON SPRING, MO
Our Purpose Mastercard powers economies and empowers people in 200 countries and territories worldwide. Together with our customers, we’re helping build a ... more
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ManTech International
HERNDON, VA
ManTech International | HERNDON, VA
ManTech International seeks a Software Development Project Manager to lead complex IT projects supporting critical U.S. defense and federal missions. In th... more
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Satellite Industries
SAINT PAUL, MN
Satellite Industries | SAINT PAUL, MN
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