As of July 01, 2026, the average salary for a Product Development Senior Manager in Minnesota is $185,080 per year, which breaks down to an hourly rate of $89.
However, a Product Development Senior Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Product Development Senior Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $198,690 | $16,558 | $3,821 | $96 |
| Average | $185,080 | $15,423 | $3,559 | $89 |
| 25th Percentile | $170,552 | $14,213 | $3,280 | $82 |
Rachel Contracting - Saint Michael, MN
Satellite Industries - Spring Park, MN
Satellite Industries - Maple Grove, MN
Satellite Industries - Burnsville, MN
A Product Development Senior 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, and company size can directly affect your earning potential.
Experience is a primary driver of a Product Development Senior 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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Product Development Analyst V | 7-10 years | $164,454 |
| Product Development Manager | 10+ years | $145,275 |
| Product Development Senior Manager | 10+ years | $185,080 |
| Product Development Director | 10+ years | $226,272 |
| Chief Product Development Officer | 10+ years | $292,976 |
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 Product Development Senior Managers. 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:
Product Development Senior Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $207,011. While startup companies pay approximate $175,069.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $175,069 |
| Growth Stage | 51~500 | $185,163 |
| Established | 501~5000 | $199,908 |
| Enterprise | 5000+ | $207,011 |
For Product Development Senior Manager roles, the industry you choose can affect earning potential by as much as 90% (the gap between the highest and lowest paying industries). Data shows that the Internet and Biotechnology sectors offer the strongest compensation, at 45% above the average. In contrast, Product Development Senior Manager positions in Insurance or Aerospace & Defense typically offer lower base pay, as these industries often view Product Development Senior Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Internet | $268,366 | $129.0 | 45% |
| Biotechnology | $259,112 | $125.0 | 40% |
| Hospitality & Leisure | $249,858 | $120.0 | 35% |
| Chemicals | $240,604 | $116.0 | 30% |
| MFG Durable | $231,350 | $111.0 | 25% |
Understanding how a Product Development Senior 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $198,690 | $16,558 | $3,821 | $96 |
| Average | $185,080 | $15,423 | $3,559 | $89 |
| 25th Percentile | $170,552 | $14,213 | $3,280 | $82 |
For a Product Development Senior Manager, the most direct path to higher earnings is advancing to the Product Development Director role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $226,272 - a projected growth of 22% over your current level.
Ready to take the next step in your career? Browse thousands of current Product Development Senior Manager job openings on our job board. Use the search bar below to find your perfect match.
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