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As of August 01, 2026, the average salary for a Product Development in New York is $147,784 per year, which breaks down to an hourly rate of $71.
However, a Product Development's salary can vary significantly. Here’s a look at the typical salary range:
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Product Development Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $159,460 | $13,288 | $3,067 | $77 |
| Average | $147,784 | $12,315 | $2,842 | $71 |
| 25th Percentile | $134,756 | $11,230 | $2,591 | $65 |
Dreamwear Inc - New York, NY
Nassau Candy - Hicksville, NY
Confidential - New York City, NY
Ultralife Corporation - Newark, NY
A Product Development'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'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:
| Levels | Salary |
|---|---|
| Product D... Level Product Development | $137,924 |
| Product D... Level Product Development | $166,318 |
| Product D... Level Product Development | $146,926 |
| Product D... Level Product Development | $187,186 |
| Product D... Level Product Development | $228,869 |
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 Developments. 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:
For Product Development 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 positions in Edu., Gov't. & Nonprofit or Pharmaceuticals typically offer lower base pay, as these industries often view Product Development as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Energy & Utilities | $169,951 | $82.0 | 15% |
| MFG Nondurable | $165,518 | $80.0 | 12% |
| Aerospace & Defense | $162,562 | $78.0 | 10% |
| Insurance | $159,606 | $77.0 | 8% |
| Retail & Wholesale | $156,651 | $75.0 | 6% |
Understanding how a Product Development'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 | $159,460 | $13,288 | $3,067 | $77 |
| Average | $147,784 | $12,315 | $2,842 | $71 |
| 25th Percentile | $134,756 | $11,230 | $2,591 | $65 |
Ready to take the next step in your career? Browse thousands of current Product Development job openings on our job board. Use the search bar below to find your perfect match.
Adjmi Apparel Group
New York, NY
Adjmi Apparel Group | New York, NY
Major apparel company seeking a Product Development Coordinator to join the team. This role will focus on color approvals, chart maintenance, and trim deve... more
7 Days Ago
Delcath Systems Inc
Queensbury, NY
Delcath Systems Inc | Queensbury, NY
Job Description. Job Description. We’re looking for a motivated and collaborative Product Development Engineer to join our growing team at Delcath. In this... more
7 Days Ago
Bond No.9
New York, NY
Bond No.9 | New York, NY
Bond No. 9, New York's first ever luxury fragrance company dedicated to paying homage to the life, style and history of New York City is looking for an ent... more
8 Days Ago
Newbury Franklin LLC
Buffalo, NY
Newbury Franklin LLC | Buffalo, NY
E-Commerce AssociateThe E-Commerce Associate will be responsible for collecting, organizing, and refining product data to support customer experiences on e... more
8 Days Ago
COLE-PARMER INSTRUMENT COMPANY
Buffalo, NY
COLE-PARMER INSTRUMENT COMPANY | Buffalo, NY
Job Description. Job Description. Job Title. Manager, New Product Development. Reports To. Manager, R&D. Position Location. Buffalo, NY. Work Type. Onsite.... more
9 Days Ago
Griffin Global Systems
Saratoga Springs, NY
Griffin Global Systems | Saratoga Springs, NY
Job Description. Job Description. Required experience & education. Bachelors degree in Electrical Engineering or similar. 5+ years of hands-on experience d... more
9 Days Ago
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