How much does a Product Management Manager make in the United States? The average Product Management Manager salary in the United States is $144,957 as of February 26, 2024, but the range typically falls between $129,250 and $158,824. 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, Salary.com helps you determine your exact pay target. 

Product Management Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Product Management Manager Salary $114,949 US February 26, 2024
25th Percentile Product Management Manager Salary $129,250 US February 26, 2024
50th Percentile Product Management Manager Salary $144,957 US February 26, 2024
75th Percentile Product Management Manager Salary $158,824 US February 26, 2024
90th Percentile Product Management Manager Salary $171,449 US February 26, 2024
25% $129,250 10% $114,949 90% $171,449 75% $158,824 $144,957 50%(Median) Didn’t find job title? Click
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Check out Product Management Manager jobs in Ashburn, Virginia

Product Manager - Software Development (IT10000092)

Synectics for Management Decisions Inc - Arlington, VA

Event Speaker and Production Manager

Air & Space Forces Association - Arlington, VA

SaaS Product Manager

ISI Enterprises - Herndon, VA

What skills does a Product Management Manager 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.

1.

Innovation: The ability and process of implementing new ideas and initiatives to improve organizational performance.

2.

Software Development: Software development is the process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components. Software development is a process of writing and maintaining the source code, but in a broader sense, it includes all that is involved between the conception of the desired software through to the final manifestation of the software, sometimes in a planned and structured process. Therefore, software development may include research, new development, prototyping, modification, reuse, re-engineering, maintenance, or any other activities that result in software products. Software can be developed for a variety of purposes, the three most common being to meet specific needs of a specific client/business (the case with custom software), to meet a perceived need of some set of potential users (the case with commercial and open source software), or for personal use (e.g. a scientist may write software to automate a mundane task). Embedded software development, that is, the development of embedded software, such as used for controlling consumer products, requires the development process to be integrated with the development of the controlled physical product. System software underlies applications and the programming process itself, and is often developed separately.

3.

User Stories: In software development and product management, a user story is an informal, natural language description of one or more features of a software system. User stories are often written from the perspective of an end user or user of a system. They are often recorded on index cards, on Post-it notes, or in project management software. Depending on the project, user stories may be written by various stakeholders including clients, users, managers or development team members. User stories are a type of boundary object. They facilitate sensemaking and communication; that is, they help software teams organize their understanding of the system and its context. User stories are often confused with system requirements. A requirement is a formal description of need; a user story is an informal description of a feature.

Innovation 1.17%
Software Development 0.1%
User Stories 0.06%
Others 98.67%

Job Description for Product Management Manager

Product Management Manager manages the lifecycle of new technology products or feature enhancements. Researches and develops the roadmap for new products or feature enhancements and plans and oversees the product lifecycle. Being a Product Management Manager gathers insights from customers and the marketplace to understand needs, new technologies, and trends in the market. Guides the conceptualization, requirements gathering, specification creation, release, and implementation processes. Additionally, Product Management Manager ensures that product delivery schedules and tasks related to all aspects of product development are coordinated with stakeholders to successfully release new products on time and within budget. Requires a bachelor's degree. Typically reports to a director. The Product Management 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 Management 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 2024 Salary.com)... View full job description

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Career Path for Product Management Manager

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 Management Manager, the upper level is Product Management Senior Manager and then progresses to Product Management Director.

Those that have already made the climb...
Thomas A. J. Frank, Executive Vice President and Chief Information Officer
Interactive Brokers Group, Inc. operates as an automated electronic broker worldwide. The company specializes in routing, executing, and processing trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), metals, and cryptocurrencies. It also custodies and ser... More
Fiscal Year Ended in 2022
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Product Management Manager salary varies from city to city. Compared with national average salary of Product Management Manager, the highest Product Management Manager salary is in San Francisco, CA, where the Product Management Manager salary is 25.0% above. The lowest Product Management Manager salary is in Miami, FL, where the Product Management Manager salary is 2.9% 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
-2.9%
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
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Product Management Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
129250
158824
144957

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
137805
175867
155718
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Product Management Manager in the United States. The base salary for Product Management Manager ranges from $129,250 to $158,824 with the average base salary of $144,957. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $137,805 to $175,867 with the average total cash compensation of $155,718.
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129250
158824

 

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Skills associated with Product Management Manager: Market Integration Testing, Product Requirements, New Product Introduction, User Research ...More

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Product Management Manager Salary in United States
Product Management Manager Salary Graph, Regional Distribution and Summary