Product development manager salary

Product development manager salary DEFAULT

Product Development Manager Salary
in Los Angeles, California

The average pay for a Product Development Manager is $162,528 a year and $78 an hour in Los Angeles, California, United States. The average salary range for a Product Development Manager is between $112,598 and $202,379. On average, a Bachelor's Degree is the highest level of education for a Product Development Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Los Angeles, California.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.


Product development manager salaries in United States

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How much does a Product Development Manager make in the United States? The average Product Development Manager salary in the United States is $124,911 as of September 27, 2021, but the range typically falls between $108,551 and $145,072. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, helps you determine your exact pay target. 

SalarySalary + BonusBenefitsHow To Become

Based on HR-reported data: a national average with a geographic differential

Product Development Manager Salaries by Percentile

Percentile Salary LocationLast Updated
10th Percentile Product Development Manager Salary$93,656USSeptember 27, 2021
25th Percentile Product Development Manager Salary$108,551USSeptember 27, 2021
50th Percentile Product Development Manager Salary$124,911USSeptember 27, 2021
75th Percentile Product Development Manager Salary$145,072USSeptember 27, 2021
90th Percentile Product Development Manager Salary$163,427USSeptember 27, 2021

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Job Description for Product Development Manager

Product Development Manager manages and coordinates product development projects. Evaluates and resolves technical feasibility, design optimization, and production issues. Being a Product Development Manager ensures that labeling and marketing/promotional literature match product specifications. Researches and monitors existing client base and industry developments and identifies potential new product opportunities. Additionally, Product Development Manager works with other departments to establish a design, technology, product development, and vendor strategy. Manages project budgets and prepares financial analysis reports for top management. May require a bachelor's degree or in a related area. Typically reports to top management. The Product Development Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Product Development Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2021 View full job description

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Those that have already made the climb...

Glyn A. Rodgers, President-Matrix PDM Engineering


Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, and mining and minerals markets in the United States, Canada, and internationally. The company's Electrical Infrastructure segment o... More

Fiscal Year Ended in 2020

What does a Product Development Manager do?

Product Development Manager in Alameda, CA

Requires a minimum of 4 years RA experience, including oversight of submissions for new products and product changes in the health care industry and/or medical devices industry.

April 30, 2021

Product Development Manager in Alpharetta, GA

Demonstrated participation in constant evaluation and improvement in overall PDLC practices to further drive efficiency and quality in results.

May 10, 2021

Demonstrated commitment to continued individual professional growth as in your role.

May 17, 2021

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Product Development Manager Pay Difference by Location

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City, StateSan Francisco, CACompared to national average
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City, StateMiami, FLCompared to national average
City, StateChicago, ILCompared to national average
City, StateBoston, MACompared to national average
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Product Development Manager Salary by Global Country

Product Development Manager Salary by State

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Average Base Salary

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Average Total Cash Compensation

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Product Development Manager in the United States. The base salary for Product Development Manager ranges from $108,551 to $145,072 with the average base salary of $124,911. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $114,927 to $161,740 with the average total cash compensation of $135,221.

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Skills associated with Product Development Manager: Product Management, Product Optimization, Product lifecycle management (PLM) software, Product Management Lifecycle (PMLC)...More

Recently searched related titles: Healthcare Product Manager

Salary estimation for Product Development Manager at companies like : BRIGHT HORIZONS FAMILY SOLTN, DYCOM INDUSTRIES INC, EMCOR GROUP INC

Jobs with a similar salary range to Product Development Manager : Product Manager, Server, Senior Manager, Drug Product, Lead Product Manager

Product Manager: Job Responsibilities - Skills \u0026 Salary [2019-20]

New Product Development Manager salary in United States

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51% of New product development managers in the United States think their salaries are enough for the cost of living in their area.

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Manager salary development product

Average Product Development Manager Salary

Avg. Base Salary (USD)

The average salary for a Product Development Manager is $84,376


What is the Pay by Experience Level for Product Development Managers?

An entry-level Product Development Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $56,340 based on 18 salaries. An early career Product Development Manager with 1-4 years of experience earns an average total compensation of $71,504 based on …Read more

What Do Product Development Managers Do?

Product development managers are in charge of the analysis and application of products to the general consumer market. Product development managers typically are host to an assortment of creative work-flows, thought processes and application systems. They are also expected to be capable of market analysis at high levels and to demonstrate mastery of critical thought processes. Product development managers must identify the need for a product on the current or near future market and also …Read more

Job Satisfaction for Product Development Manager

Based on 347 responses, the job of Product Development Manager has received a job satisfaction rating of 3.74 out of 5. On average, Product Development Managers are highly satisfied with their job.

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This data is based on 944 survey responses. Learn more about the gender pay gap.

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How Much Do Product Managers Make?

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