Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Product Lead in Minnesota is $153,345 per year, which breaks down to an hourly rate of $74.
However, a Product Lead's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI Onboarding
AI-Powered HR
Product Lead Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $163,280 | $13,607 | $3,140 | $78 |
| Average | $153,345 | $12,779 | $2,949 | $74 |
| 25th Percentile | $140,854 | $11,738 | $2,709 | $68 |
lululemon - Woodbury, Minnesota, MN
UnitedHealth Group - Minnetonka, MN
Muse Group - Homer, MN
Blue Shield of CA - Minneapolis, MN
A Product Lead'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 Lead'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 M... Level Product Lead | $214,350 |
| Product M... Level Product Lead | $135,421 |
| Product L... Level Product Lead | $154,212 |
| Product M... Level Product Lead | $180,976 |
| Product M... Level Product Lead | $233,712 |
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 Leads. 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 Lead roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Biotechnology sectors offer the strongest compensation, at 45% above the average. In contrast, Product Lead positions in Transportation or Retail & Wholesale typically offer lower base pay, as these industries often view Product Lead as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $222,350 | $107.0 | 45% |
| Biotechnology | $214,682 | $103.0 | 40% |
| Financial Services | $207,015 | $100.0 | 35% |
| Energy & Utilities | $191,681 | $92.0 | 25% |
| Aerospace & Defense | $184,013 | $88.0 | 20% |
Understanding how a Product Lead'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 | $163,280 | $13,607 | $3,140 | $78 |
| Average | $153,345 | $12,779 | $2,949 | $74 |
| 25th Percentile | $140,854 | $11,738 | $2,709 | $68 |
Ready to take the next step in your career? Browse thousands of current Product Lead job openings on our job board. Use the search bar below to find your perfect match.
ARC'TERYX
Bloomington, MN
ARC'TERYX | Bloomington, MN
Job Description. Job Description. Your Opportunity at ARC’TERYX. You are the face of the brand on the retail floor, delivering an unforgettable experience ... more
6 Days Ago
Kigo
Saint Paul, MN
Kigo | Saint Paul, MN
Job Description. Job Description. Description. Kigo, an Augeo company, is a modern loyalty and rewards platform that helps brands build deeper, more meanin... more
6 Days Ago
ITW
Eden Prairie, MN
ITW | Eden Prairie, MN
Job Description:The Product Manager leads and manages assigned products to meet market needs, ensuring their success throughout the entire lifecycle. This ... more
8 Days Ago
Livefront
Minneapolis, MN
Livefront | Minneapolis, MN
Product StrategistAt Livefront, we help companies design and build world-class digital products that command attention and inspire joy. We've helped househ... more
8 Days Ago
Ergodyne - Tenacious Holdings, Inc.
Saint Paul, MN
Ergodyne - Tenacious Holdings, Inc. | Saint Paul, MN
Product Management Internship. Reporting to the Product Manager, the Product Management Intern will be responsible for assigned projects and initiatives th... more
8 Days Ago
U.S. Bank
Minneapolis, MN
U.S. Bank | Minneapolis, MN
At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling ... more
8 Days Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
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.
Salary.com's CompAnalyst platform offers:
