How much does a Product Development Manager make in the United States? The average Product Development Manager salary in the United States is $135,938 as of May 25, 2023, but the range typically falls between $117,935 and $156,776. 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. 

Based on HR-reported data: a national average with a geographic differential
25% $117,935 10% $101,544 90% $175,747 75% $156,776 $135,938 50%(Median) Didn’t find job title? Click
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Check out Product Development Manager jobs in Virginia

Product Manager

Phase2 Technology - Arlington, VA

346 - Director of OEM Product Management

Azure Summit Technology - Fairfax, VA

Product Manager/Owner

Pyramid Consulting, Inc - McLean, VA

Job Description for Product Development Manager

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. Being a Product Development Manager 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. Additionally, Product Development Manager typically requires a bachelor's degree. Typically reports to a director. The Product Development Manager 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. To be a Product Development Manager 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. (Copyright 2023 View full job description

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Job Openings for Product Development Manager
Those that have already made the climb...
Glyn A. Rodgers, President-Matrix PDM Engineering
Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, and mining and minerals markets in the United States, Canada, and internationally. The company's Electrical Infrastructure segment o... More
Fiscal Year Ended in 2022
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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
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
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 Manager in the United States. The base salary for Product Development Manager ranges from $117,935 to $156,776 with the average base salary of $135,938. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $127,159 to $176,888 with the average total cash compensation of $149,563.
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Skills associated with Product Development Manager: Customer Insights, Product Management, Industry Analysis, Competitive Intelligence ...More

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