How much does a Product Development Director make in the United States? The average Product Development Director salary in the United States is $199,411 as of March 26, 2024, but the range typically falls between $174,784 and $226,073. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, helps you determine your exact pay target. 

Product Development Director Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Product Development Director Salary $152,362 US March 26, 2024
25th Percentile Product Development Director Salary $174,784 US March 26, 2024
50th Percentile Product Development Director Salary $199,411 US March 26, 2024
75th Percentile Product Development Director Salary $226,073 US March 26, 2024
90th Percentile Product Development Director Salary $250,346 US March 26, 2024
25% $174,784 10% $152,362 90% $250,346 75% $226,073 $199,411 50%(Median) Didn’t find job title? Click
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What skills does a Product Development Director need?

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.


Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.


Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.


Fintech: Integrating software technologies and applications to improve and automate the delivery and use of financial operations to consumers.

Analysis 4.46%
Futures 2.87%
Fintech 1.82%
Others 90.85%

Job Description for Product Development Director

Product Development Director plans and directs the resources and processes required to implement the vision and strategy for new product development and product lifecycle management of existing products. Establishes research and concept development projects and capabilities to innovate new products, product enhancements, and product redesign. Being a Product Development Director conducts market analysis and interacts with customers and prospects to identify new markets, articulate the value proposition, define requirements, and lead the development of a product roadmap. Oversees new product development and collaboration with internal stakeholders, including marketing, sales, and manufacturing, to ensure that new and existing products support the organization's financial goals. Additionally, Product Development Director develops teams with the knowledge and expertise to fulfill product development objectives. Requires a bachelor's degree. Typically reports to senior management. The Product Development Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Product Development Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 View full job description

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Career Path for Product Development Director

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Product Development Director, the first career path typically progresses to Top Product Development Executive.

Those that have already made the climb...
Eyal Talor Ph.D., Chief Scientific Officer
CEL-SCI Corporation, a clinical-stage biotechnology company, engages in the research and development of immune system therapy for the treatment of cancer and other diseases in the United States. The company's lead immunotherapy is Multikine, which has completed Phase 3 clinical trials for the potential treatment of cer... More
Fiscal Year Ended in 2022
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Product Development Director salary varies from city to city. Compared with national average salary of Product Development Director, the highest Product Development Director salary is in San Francisco, CA, where the Product Development Director salary is 25.0% above. The lowest Product Development Director salary is in Miami, FL, where the Product Development Director salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Product Development Director in the United States. The base salary for Product Development Director ranges from $174,784 to $226,073 with the average base salary of $199,411. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $196,894 to $279,851 with the average total cash compensation of $233,407.
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Skills associated with Product Development Director: Product Management Lifecycle (PMLC), Product Innovation, Product Development, Customer Insights ...More

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Product Development Director Salary in United States
Product Development Director Salary Graph, Regional Distribution and Summary