As of July 01, 2026, the average hourly rate for a Product Manager II in the United States is $53, which translates to an annual salary of about $109,384.
However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:
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A Product Manager II'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.
Experience is a primary driver of a Product Manager II'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 Manager I | 0-2 years | $80,093 |
| Product Manager II | 2-4 years | $109,384 |
| Product Manager III | 4-7 years | $131,685 |
| Product Manager IV | 7+ years | $146,626 |
| Product Manager V | 7-10 years | $179,513 |
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 Manager IIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 5.13% |
| Product Marketing | 1.94% |
| Market Research | 1.31% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
API
|
$115,947 |
6%
|
|
Design Engineering
|
$115,947 |
6%
|
|
B2B
|
$115,947 |
6%
|
|
Product Strategy
|
$114,853 |
5%
|
|
Data Science
|
$114,853 |
5%
|
|
Influencing
|
$113,759 |
4%
|
Product Manager II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $122,345. While startup companies pay approximate $103,467.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $103,467 |
| Growth Stage | 51~500 | $109,433 |
| Established | 501~5000 | $118,148 |
| Enterprise | 5000+ | $122,345 |
For Product Manager II roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Internet and Energy & Utilities sectors offer the strongest compensation, at 25% above the average. In contrast, Product Manager positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Product Manager II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Internet | $136,730 | $66.0 | 25% |
| Energy & Utilities | $125,792 | $60.0 | 15% |
| Chemicals | $120,322 | $58.0 | 10% |
| Financial Services | $120,322 | $58.0 | 10% |
| Insurance | $120,322 | $58.0 | 10% |
Your level of education can impact your salary potential. While many Product Manager IIs enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Product Manager II with a Associate's Degree is between $97,504 and $103,724).
Product Manager II Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.2% |
| High School | 2.3% |
| Associates | 2.6% |
| Bachelors | 58.9% |
| Masters | 34.1% |
| Doctorate | 1.9% |
Understanding how a Product Manager II'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 July 01, 2026Salaries for a Product Manager II can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $110,148 in 2023 to around $108,747 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Product Manager II salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $110,148 |
| 2024 | $109,488 |
| 2025 | $108,747 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Internet industry offers the highest average compensation for Product Manager II roles, with salaries approximately 25% above the market median.
Guides and manages the lifecycle of new technology products or feature enhancements. Develops product concepts and designs to facilitate market needs and user requirements. Conducts research and develops a good understanding of the customer's needs, new technologies, trends in the market, and competitors. Develops requirements documents, functional specifications, and mock-ups to clearly illustrate product ideas and concepts. Participates in all phases of the product development lifecycle, including analysis, design, testing, and integration of products and introducing products to the market. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.
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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Product Marketing: Product marketing is a process of promoting and selling a product to a customer. Also product marketing is defined as being the intermediary function between product development and increasing brand awareness. For example, product management deals with the basics of product development within a firm, whereas product marketing deals with marketing the product to prospects, customers, and others. Product marketing, as a job function within a firm, also differs from other marketing jobs such as social media marketing, marketing communications ("marcom"), online marketing, advertising, marketing strategy, and public relations, although product marketers may use channels such as online for outbound marketing for their product. A product market is something that is referred to when pitching a new product to the general public. Product market definition focuses on a narrow statement: the product type, customer needs (functional needs), customer type, and geographic area.
Market Research: Market research is an organized effort to gather information about target markets or customers. It is a very important component of business strategy. The term is commonly interchanged with marketing research; however, expert practitioners may wish to draw a distinction, in that marketing research is concerned specifically about marketing processes, while market research is concerned specifically with markets. Market research is one of the main factors used in maintaining competitiveness over competitors. Market research provides important information which helps to identify and analyze the needs of the market, the market size and the competition. Market-research techniques encompass both qualitative techniques such as focus groups, in-depth interviews, and ethnography, as well as quantitative techniques such as customer surveys, and analysis of secondary data. Market research, which includes social and opinion research, is the systematic gathering and interpretation of information about individuals or organizations using statistical and analytical methods and techniques of the applied social sciences to gain insight or support decision making.
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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