Product Development Manager
Product Development Manager Job Description
Marketing Managers Determine the demand for products and services offered by a firm and its competitors and identify potential customers. Develop pricing strategies with the goal of maximizing the firm’s profits or share of the market while ensuring the firm’s customers are satisfied. Oversee product development or monitor trends that indicate the need for new products and services.
Product Development Manager Salary Statistics as of 2015
Average annual salary for a Product Development Manager is $80793 based on statistics in the U.S. as of 2015. The highest salary recorded was $127519. The lowest salary reported was $48275. These figures will vary on a state to state basis as these are averages across all 50 states.
Median hourly wage for a Product Development Manager is $40.18 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $63.41. The lowest hourly rate recorded was $24.01. These figures will vary on a state to state basis as these are averages across all 50 states.
Bonuses for a Product Development Manager are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $9934 from people with 15+ years of experience. The average bonus recorded was $800 from people with under 1 year of experience.
These are the highest paying states for a Product Development Manager. These numbers are based of the median annual salary as of 2015.
California – $47,736 – $127,373
Illinois – $45,999 – $121,234
Massachusetts – $58,175 – $129,383
Minnesota – $44,017 – $106,737
New York – $49,185 – $100,052
Pennsylvania – $47,174 – $99,668
Texas – $49,316 – $118,964
These are the highest paying cities for a Product Development Manager. These numbers are based of the median annual salary as of 2015.
New York, New York –
Los Angeles, California –
Chicago, Illinois –
Minneapolis, Minnesota –
Atlanta, Georgia –
San Francisco, California –
Seattle, Washington –
This chart outlines the average annual salary of a Product Development Manager from the past 5 years. In 2015 the average annual salary was $80793 while in 2007 it was just $74926.01
Job Outlook
Gender Statistics |
Related Jobs |
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61%
39%
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Based on our stats gathered across the U.S. 61% of Product Development Managers were males while 39% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.
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Past Jobs Product Manager, |
Future Jobs Product Development Director |