How Much Do Directors of Product Management Make?

Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary directors of product management make, you've come to the right place.

Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for directors of product management and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of directors of product management are offering as compensation.

Keep reading to learn more about how much directors of product management can expect to make in the United States.

At a Glance: Salary & Jobs for Directors of Product Management

According to data from 2023, there were about 376,152 positions for directors of product management in the United States. In terms of salary, the national median salary for directors of product management was reported to be $157,622. Additionally, when examining job demand, employers across the country posted 226,538 job postings related to positions for directors of product management.

How Much Money Do Directors of Product Management Make?

Median salary is just one data point. To build a better understanding of how much money directors of product management and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.

Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for directors of product management.

Annual Salary for Directors of Product Management

According to the BLS, the lowest earners for directors of product management and related professions earned about $79,602 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $279,787 annually.

As mentioned previously, the median salary for directors of product management in the United States in 2023 was $157,622.

Hourly Salary for Directors of Product Management

The BLS also breaks down compensation for directors of product management by hourly salary, and the median average hourly pay for directors of product management in 2023 was $76. Lowest hourly earners took home $38 while the highest reported hourly salaries for directors of product management was $135.

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Degree Options for Directors of Product Management

Advertised Compensation for Directors of Product Management

Data from the BLS is one way to dig into compensation for directors of product management, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for directors of product management.

Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™

Annual Salary from Job Postings for Directors of Product Management

During a review of 259,516 job postings related to directors of product management, advertised salary was included in 99,021 of them, which was 38%. Based on those postings, the median advertised salary for directors of product management was $131,968 per year.

Hourly Salary from Job Postings for Directors of Product Management

A similar analysis of job postings provides insight into advertised hourly salary for directors of product management. Based on 44% of postings with advertised compensation, the median hourly salary for open positions for directors of product management in the United States is about $63.

Salary Trend for Directors of Product Management

If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for directors of product management. The chart below provides a snapshot of advertised salaries over the past three years.

Based on compensation data that was included in job postings for directors of product management dating back to September 2020, advertised salaries for directors of product management have increased 51%.

What's the Job Growth for Directors of Product Management?

Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for directors of product management over the next 10 years.

According to the data obtained through Lightcast,™ there were 374,821 jobs for directors of product management in the United States in 2023. By 2033, it is expected that about 44,872 jobs will be added. That's a 12% increase over the next 10-year period.

Additional Links

Ready to dig deeper into career information about directors of product management? Visit our other pages focused on salary and education for directors of product management.

What do directors of product management do?
Directors of Product Management: How do you become one?

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