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As of August 01, 2026, the average salary for a Microsoft Product Manager in Illinois is $115,223 per year, which breaks down to an hourly rate of $55.
However, a Microsoft Product Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Microsoft Product Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $130,780 | $10,898 | $2,515 | $63 |
| Average | $115,223 | $9,602 | $2,216 | $55 |
| 25th Percentile | $100,909 | $8,409 | $1,941 | $49 |
ACGME - Chicago, IL
Shaker Recruitment Marketing - Oak Park, IL
Sterling Engineering Inc. - Elmhurst, IL
NEWITY - Chicago, IL
A Microsoft Product 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.
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 Microsoft Product 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:
For Microsoft Product Manager roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Healthcare, offers compensation 20% above the average. Conversely, Microsoft Product Manager positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Microsoft Product Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $138,267 | $66.0 | 20% |
Understanding how a Microsoft Product 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 | $130,780 | $10,898 | $2,515 | $63 |
| Average | $115,223 | $9,602 | $2,216 | $55 |
| 25th Percentile | $100,909 | $8,409 | $1,941 | $49 |
Ready to take the next step in your career? Browse thousands of current Microsoft Product Manager job openings on our job board. Use the search bar below to find your perfect match.
Cleo (US)
Chicago, IL
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Job Description. Job Description. About the Role. We are looking for an experienced AI Product Manager who is passionate about building intelligent product... more
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Schaumburg, IL
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Job Description. Job Description. Description. Job Title: Product Manager. Location: Schaumburg, IL (On-site). Job Type: Full-Time. Experience Required: 3+... more
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Chicago, IL
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Job Description. Job Description. Rush Street Interactive (NYSE: RSI) is a market leader in online casino and sports betting, currently operating real-mone... more
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Culligan International Company
Des Plaines, IL
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Job Description. Job Description. The Product Manager is responsible for supporting both strategic and tactical activities for Culligan’s residential (hous... more
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Weiman Products LLC
Gurnee, IL
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