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As of August 01, 2026, the average salary for a Product Management Lead in Minnesota is $109,558 per year, which breaks down to an hourly rate of $53.
However, a Product Management Lead's salary can vary significantly. Here’s a look at the typical salary range:
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Product Management Lead Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $120,470 | $10,039 | $2,317 | $58 |
| Average | $109,558 | $9,130 | $2,107 | $53 |
| 25th Percentile | $100,990 | $8,416 | $1,942 | $49 |
Capital One - Virginia, MN
Cargill - Wayzata, MN
Capital One - Virginia, MN
Hispanic Alliance for Career Enhancement - Saint Paul, MN
A Product Management 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 Management 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/B... Level Product Management Lead | $160,590 |
| Product/B... Level Product Management Lead | $189,136 |
| Product M... Level Product Management Lead | $110,152 |
| Product/B... Level Product Management Lead | $127,730 |
| Product/B... Level Product Management Lead | $169,459 |
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 Management 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 Management Lead roles, the industry you choose can affect earning potential by as much as 85% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Pharmaceuticals sectors offer the strongest compensation, at 40% above the average. In contrast, Product Management Lead positions in Telecom or Retail & Wholesale typically offer lower base pay, as these industries often view Product Management Lead as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Energy & Utilities | $153,381 | $74.0 | 40% |
| Pharmaceuticals | $147,903 | $71.0 | 35% |
| Software & Networking | $147,903 | $71.0 | 35% |
| Construction | $142,425 | $68.0 | 30% |
| Aerospace & Defense | $136,947 | $66.0 | 25% |
Understanding how a Product Management 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 | $120,470 | $10,039 | $2,317 | $58 |
| Average | $109,558 | $9,130 | $2,107 | $53 |
| 25th Percentile | $100,990 | $8,416 | $1,942 | $49 |
Ready to take the next step in your career? Browse thousands of current Product Management Lead job openings on our job board. Use the search bar below to find your perfect match.
Target
Minneapolis, MN
Target | Minneapolis, MN
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Relativity | Minneapolis, MN
Remote/Hybrid. Job Overview. Relativity is a leading legal data intelligence company building AI technology that helps organizations organize data, discove... more
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Shakopee, MN
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Entrust Corporation in Minnesota seeks a Director to develop and refine a growth strategy for high-volume issuance solutions in financial card and governme... more
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Arctic Wolf Networks Canada, Inc.
Eden Prairie, MN
Arctic Wolf Networks Canada, Inc. | Eden Prairie, MN
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Wells Fargo
Minneapolis, MN
Wells Fargo | Minneapolis, MN
About this role:Wells Fargo is seeking a Product Management Senior Manager for Home Lending Servicing to lead the strategy, development, and optimization o... more
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