product manager (2024 Guide)

How Much Do Product Managers Make?

BrainStation’s Product Manager career guide is intended to help you take the first steps toward a lucrative career in product management. Read on for an overview of Product Manager average salary information.

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According to websites like Glassdoor and Payscale, the median salary for a Product Manager ranges from $86,000 to $117,000, depending on the type of work being done. An experienced Software Product Manager, for example, can expect to earn roughly $96,000 a year. For Senior Product Managers, that figure jumps to roughly $125,000.

As you can imagine, professionals in more senior positions at large firms can expect to earn more. A Director or VP of Product Management, for example, might earn from $123,000 a year into the mid-$200,000s, while a Chief Product Officer may make from $130,000 to $274,000—and considerably higher than that, once bonuses and stock options are factored in.

How Much Do Product Managers Make?

According to Glassdoor, the average salary for a Product Manager is $108,992 in the United States. The average salary rises to $149,238 for a Director of Product Management.

In Canada, the average salary for a Product Manager is $85,000.

Ultimately, the salary a Product Manager earns depends on a range of factors, including their location, the size of the company they’re working for, their level of seniority, and their years of experience.