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Hourly Wage for Product Development Manager Salary in the United States

What is the hourly salary range of Product Development Manager?

As of August 01, 2026, the average hourly rate for a Product Development Manager in the United States is $68, which translates to an annual salary of about $141,967.

However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:

  • Top Earners (90th percentile): $78 per hour
  • Majority Range (25th-75th percentile): $62 to $74 per hour
  • Entry-Level (10th percentile): $56 per hour
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Product Development Manager Salaries

A Product 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, education and company size can directly affect your earning potential.

How Experience Level Affects Product Development Manager Salaries?

Experience is a primary driver of a Product 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:

  • Product Development Analyst IV (7+ years): $133,269
  • Product Development Analyst V (7-10 years): $160,705
  • Product Development Manager (10+ years): $141,967
  • Product Development Senior Manager (10+ years): $180,869
  • Product Development Director (10+ years): $221,145
Job Role Years of Experience Average Salary
Product Development Analyst IV7+ years$133,269
Product Development Analyst V7-10 years$160,705
Product Development Manager10+ years$141,967
Product Development Senior Manager10+ years$180,869
Product Development Director10+ years$221,145
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How Do Product Development Managers 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 Managers. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $157,186.
  • California: $156,590.
  • Massachusetts: $154,503.

Top Paying Cities for Product Development Manager

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:

  • San Jose: $179,063
  • San Francisco: $177,102
  • Oakland: $173,370

What Skills Can Increase a Product Development Manager's Salary?

Demanded Skills for the Role:

  • Project Management (Mentioned in 5.16% Job Postings): Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.
  • Supply Chain (Mentioned in 1.69% Job Postings): A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
  • Product Quality (Mentioned in 1.03% Job Postings): Product quality refers to how well a product satisfies customer needs, serves its purpose and meets industry standards. When evaluating product quality, businesses consider several key factors, including whether a product solves a problem, works efficiently or suits customers' purposes.
Skills Demand Percentage
Project Management 5.16%
Supply Chain 1.69%
Product Quality 1.03%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Product Development Manager's salary.

  • Prioritization: Can increase your salary by up to 6%.
  • Alignment: Can increase your salary by up to 5%.
  • Design Engineering: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Prioritization $150,485
6%
Alignment $149,065
5%
Design Engineering $149,065
5%
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Product Development Manager Salary by Company Size: Startups vs. Enterprise

Product Development Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $158,924. While startup companies pay approximate $134,446.

Product Development Manager Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $134,446
Growth Stage 51~500 $142,192
Established 501~5000 $153,469
Enterprise 5000+ $158,924

Product Development Manager Salary by Industry: Top Paying Sectors

For Product Development Manager roles, the industry you choose can affect earning potential by as much as 30% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and MFG Nondurable sectors offer the strongest compensation, at 15% above the average. In contrast, Product Development Manager positions in Edu., Gov't. & Nonprofit or Pharmaceuticals typically offer lower base pay, as these industries often view Product Development Manager as a support function rather than a direct revenue driver.

The top paying industries for a Product Development Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities$163,262$78.015%
MFG Nondurable$159,003$76.012%
Aerospace & Defense$156,164$75.010%
Insurance$153,324$74.08%
Retail & Wholesale$150,485$72.06%

How Education impacts an Product Development Manager's Salary?

Your level of education can impact your salary potential. While many Product Development Manager enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Product Development Manager with a Bachelor's Degree is between $133,412 and $143,942.

Product Development Manager Salaries by Degree Level

Typical Education for Product Development Manager
Degree Level % of user with this level of education
No Diploma 0.9%
High School 3.7%
Associates 3.7%
Bachelors 49.3%
Masters 35.7%
Doctorate 6.6%
View as Graph

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

Understanding how a Product 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.

Last Updated on August 01, 2026
$129,052
Average $141,967/year
$153,083
$10,754
Average $11,831/month
$12,757
$2,482
Average $2,730/week
$2,944
$62
Average $68/hour
$74
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $153,083 $12,757 $2,944 $74
Average $141,967 $11,831 $2,730 $68
25th Percentile $129,052 $10,754 $2,482 $62

Most common benefits for Product Development Manager

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Product Development Manager

Here are companies hiring for Product Development Manager and their salaries, click below for more details.

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FAQ about Product Development Manager

1. What are the responsibilities of Product Development Manager?

Manages the staff, resources, and processes required to implement the vision and strategy for new product development and product lifecycle management of existing products. Incorporates research and concept development projects and capabilities with market analysis, industry intelligence, and customer monitoring to support product roadmaps and innovate new products, enhancements, and redesigns. Coordinates with internal stakeholders, including marketing, sales, and manufacturing, to ensure that new and existing products meet development targets and support the organization's financial goals. Develops teams with the knowledge and expertise to fulfill product development objectives. Typically requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

2. What are the skills of Product Development Manager

Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.

1.)

Project Management: Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.

2.)

Supply Chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.

3.)

Product Quality: Product quality refers to how well a product satisfies customer needs, serves its purpose and meets industry standards. When evaluating product quality, businesses consider several key factors, including whether a product solves a problem, works efficiently or suits customers' purposes.

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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