If you’re debating whether to become a product manager in New York, deciding whether or not to convert some of your salary into Bitcoin, or trying to decide between accepting a front-end development job in South Carolina or a backend job in California — I’ll help you make an informed decision.
INTRODUCTION
The product management role within the tech industry is a highly desirable, competitive, and well-paying position to be in. How much does a product manager make? Just how much does one of these coveted positions earn? Factors like experience, location, and industry influence salary potential. Product managers working with larger companies in cities like Silicon Valley or New York can expect to earn far more than those working with startups in rural areas. Below we explore what constitutes a product manager salary as well as average salaries, bonuses, and estimated total pay packages.
Product Manager Salary in New York City, NY Comparison by Location
Nationwide
United States
$98,399
New York City, NY
NY
$112,543
How much does a Product Manager make in New York City, New York?
As of Jun 24, 2022, the average annual pay for a Product Manager in New York City is $112,543 a year. Just in case you need a simple salary calculator, that works out to be approximately $54.11 an hour. This is the equivalent of $2,164/week or $9,379/month.
seeing salaries as high as $166,560 and as low as $34,404, the majority of Product Manager salaries currently range between $81,914 (25th percentile) to $129,425 (75th percentile) with top earners (90th percentile) making $153,453 annually in New York City.
The average pay range for a Product Manager varies greatly (as much as $47,511), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
What are Top 5 Best Paying Related Product Manager Jobs in New York City
We found at least 5 jobs related to the Product Manager job category that pay more per year than a typical Product Manager salary in New York City, NY. Top examples of these roles include: Vice President Product, VP Product Management, and Principal Product Manager.
Importantly, all of these jobs are paid between $53,450 (47.5%) and $108,566 (96.5%) more than the average Product Manager salary of $112,543. If you’re qualified, getting hired for one of these related Product Manager jobs may help you make more money than that of the average Product Manager position.
| Job Title | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
|---|---|---|---|---|
| Vice President Product | $221,109 | $18,426 | $4,252 | $106.30 |
| VP Product Management | $186,186 | $15,516 | $3,581 | $89.51 |
| Principal Product Manager | $175,219 | $14,602 | $3,370 | $84.24 |
| VP Product Manager | $169,778 | $14,148 | $3,265 | $81.62 |
| Remote Senior Product Manager | $165,993 | $13,833 | $3,192 | $79.80 |
CONCLUSION
A product manager oversees the development and maintenance of a product or family of similar products. Product managers help decide what features will be included in a product and ensure that high quality standards are met. If you are considering pursuing a career as a product manager in New York, it is important to understand the industry and job specifics before making the decision to pursue a career. Here is an inside look at the field and how a typical day as an NYC product manager goes.
