How Much Do Technical Product Managers 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 technical product managers 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 technical product managers 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 technical product managers are offering as compensation.
Keep reading to learn more about how much technical product managers can expect to make in the United States.
At a Glance: Salary & Jobs for Technical Product Managers
According to data from 2022, there were about 338,686 positions for technical product managers in the United States. In terms of salary, the national median salary for technical product managers was reported to be $140,046. Additionally, when examining job demand, employers across the country posted 187,911 job postings related to positions for technical product managers.
How Much Money Do Technical Product Managers Make?
Median salary is just one data point. To build a better understanding of how much money technical product managers 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 technical product managers.
Annual Salary for Technical Product Managers
According to the BLS, the lowest earners for technical product managers and related professions earned about $76,794 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $266,063 annually.
As mentioned previously, the median salary for technical product managers in the United States in 2022 was $140,046.
Annual Salary Range For Technical Product Managers In 2022
Hourly Salary for Technical Product Managers
The BLS also breaks down compensation for technical product managers by hourly salary, and the median average hourly pay for technical product managers in 2022 was $67. Lowest hourly earners took home $37 while the highest reported hourly salaries for technical product managers was $128.
Hourly Salary Range For Technical Product Managers In 2022
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Advertised Compensation for Technical Product Managers
Data from the BLS is one way to dig into compensation for technical product managers, 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 technical product managers.
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 Technical Product Managers
Advertised Annual Salary
During a review of 485,194 job postings related to technical product managers, advertised salary was included in 77,607 of them, which was 16%. Based on those postings, the median advertised salary for technical product managers was $122,752 per year.
Hourly Salary from Job Postings for Technical Product Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for technical product managers. Based on 41% of postings with advertised compensation, the median hourly salary for open positions for technical product managers in the United States is about $59.
Salary Trend for Technical Product Managers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for technical product managers. 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 technical product managers dating back to September 2019, advertised salaries for technical product managers have increased 26%.
Advertised Wage Trend For Technical Product Managers
What's the Job Growth for Technical Product Managers?
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 technical product managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 339,005 jobs for technical product managers in the United States in 2022. By 2032, it is expected that about 50,585 jobs will be added. That's a 14.9% increase over the next 10-year period.
Employment Projections For Technical Product Managers
Additional Links
Ready to dig deeper into career information about technical product managers? Visit our other pages focused on salary and education for technical product managers.
What do technical product managers do?
Technical Product Managers: How do you become one?
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