How Much Do Technical Product Owners 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 owners 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 owners 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 owners are offering as compensation.
Keep reading to learn more about how much technical product owners can expect to make in the United States.
At a Glance: Salary & Jobs for Technical Product Owners
According to data from 2022, there were about 552,790 positions for technical product owners in the United States. In terms of salary, the national median salary for technical product owners was reported to be $130,603. Additionally, when examining job demand, employers across the country posted 228,220 job postings related to positions for technical product owners.
How Much Money Do Technical Product Owners Make?
Median salary is just one data point. To build a better understanding of how much money technical product owners 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 owners.
Annual Salary for Technical Product Owners
According to the BLS, the lowest earners for technical product owners and related professions earned about $61,027 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $253,022 annually.
As mentioned previously, the median salary for technical product owners in the United States in 2022 was $130,603.
Annual Salary Range For Technical Product Owners In 2022
Hourly Salary for Technical Product Owners
The BLS also breaks down compensation for technical product owners by hourly salary, and the median average hourly pay for technical product owners in 2022 was $63. Lowest hourly earners took home $29 while the highest reported hourly salaries for technical product owners was $122.
Hourly Salary Range For Technical Product Owners In 2022
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Advertised Compensation for Technical Product Owners
Data from the BLS is one way to dig into compensation for technical product owners, 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 owners.
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 Owners
Advertised Annual Salary
During a review of 464,314 job postings related to technical product owners, advertised salary was included in 89,685 of them, which was 19%. Based on those postings, the median advertised salary for technical product owners was $93,568 per year.
Hourly Salary from Job Postings for Technical Product Owners
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for technical product owners. Based on 39% of postings with advertised compensation, the median hourly salary for open positions for technical product owners in the United States is about $45.
Salary Trend for Technical Product Owners
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 owners. 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 owners dating back to September 2019, advertised salaries for technical product owners have increased 4%.
Advertised Wage Trend For Technical Product Owners
What's the Job Growth for Technical Product Owners?
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 owners over the next 10 years.
According to the data obtained through Lightcast,™ there were 552,875 jobs for technical product owners in the United States in 2022. By 2032, it is expected that about 61,055 jobs will be added. That's a 11% increase over the next 10-year period.
Employment Projections For Technical Product Owners
Additional Links
Ready to dig deeper into career information about technical product owners? Visit our other pages focused on salary and education for technical product owners.
What do technical product owners do?
Technical Product Owners: How do you become one?
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