Updated Sep 15, 2022

How much does a Product Manager make in Chicago, IL?

Updated Sep 15, 2022

Experience

Industry

$146,038 / yrTotal Pay
$114,524 / yrBase Pay
$31,514 / yrAdditional Pay

$146,038

 / yr
$89K$242K
Most Likely Range
Possible Range

The estimated total pay for a Product Manager is $146,038 per year in the Chicago, IL area, with an average salary of $114,524 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $31,514 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

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Total Pay Trajectory

For Product Manager in Chicago, IL

$146,038 /yr
Product Manager
$205,467 /yr
Lead Product Manager
See Full Career Path

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Related Job Titles

For Product Manager in Chicago, IL

Some related job titles are Director, Product Management Salaries with median pay of $276,469, Product Management Salaries with median pay of $156,715, Associate Product Manager Salaries with median pay of $82,039, Program Manager Salaries with median pay of $113,742.

Top Paying Companies

For a Product Manager in Chicago, IL

Below is the total pay for the top 10 highest paying companies for a Product Manager in Chicago, IL. Employers include Google, Amount and IBM.

1
Google
$267,711/yr
2
Amount
$239,240/yr
3
IBM
$233,957/yr
6
Abbott
$226,767/yr
9
CDW
$223,537/yr

What are total pay estimates for a Product Manager at different companies in Chicago, IL?

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Company
Jobs
Total Pay Range
Infosys
3.3
Project ManagerSee 126 salaries from this location

$139,949

 / yr

$118,389

 / yr

$151,405

 / yr

$208,367

 / yr

$124,320

 / yr

$147,745

 / yr

$149,842

 / yr

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$153,102

 / yr

$193,645

 / yr

$157,327

 / yr

$162,044

 / yr

$109,641

 / yr

$123,336

 / yr

$111,822

 / yr

$128,359

 / yr

$142,163

 / yr

$167,754

 / yr

$167,007

 / yr

$137,610

 / yr

$155,570

 / yr
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Viewing 1 - 20 of 3,220

Top Paying Industries

For a Product Manager in Chicago, IL

The top 5 paying industries for a Product Manager in Chicago, IL are Transportation & Logistics with a median total pay of $222,783, Retail & Wholesale with a median total pay of $219,849, Healthcare with a median total pay of $218,805, Restaurants & Food Service with a median total pay of $214,816, and Information Technology with a median total pay of $211,189.

IndustryTotal PayTotal Pay Insight
  • Transportation & LogisticsTransportation & Logistics$222,783

    6% Higher than other industries

  • Retail & WholesaleRetail & Wholesale$219,849

    5% Higher than other industries

  • HealthcareHealthcare$218,805

    4% Higher than other industries

  • Restaurants & Food ServiceRestaurants & Food Service$214,816

    3% Higher than other industries

  • Information TechnologyInformation Technology$211,189

    1% Higher than other industries

Transportation & Logistics

The top paying company in Transportation & Logistics for Product Manager is United Airlines.

United AirlinesUnited Airlines$222,783/yr

Glassdoor Economist Pay Overview

What is the pay outlook for Product & Project Management?

Product and project management roles help companies operate efficiently, run programs and develop new products. Organization and communication skills are important for product and project managers. Experience and specialization within specific markets or products can help job seekers stand out. Additionally, product and project management roles are very diverse, so data, design or market research skills can help open up more opportunities.

How does the Product manager salary in Chicago, IL compare to the national average salary in US for the same job?

The average salary for a Product manager in US is $113,446 per year based on 33,496 salary contributions, which is 8.73% more than the salary for a Product manager in Chicago, IL. The cost of living and the local demand for the work are among the factors affecting wages. The top 3 companies in US where a Product manager gets the highest compensation are Cisco Systems, Inc., Bloomberg L.P. and Meta. Bigger companies typically pay 17.66% more than smaller companies for a Product manager.

What people are saying about Product Manager salaries

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Consulting Exit Opportunities

9m

a 

Product Management

Is capital one a good place to consider being a product manager? I’m desperately trying to exit a toxic work environment and I’m evaluating a capital one offer versus one from a rental app startup . Salary is super close for both but want to make sure I don’t run to the wrong company in an attempt to escape my current one Capital One

19

13 Comments

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Recent Salaries Shared

For product manager in Chicago, IL

Salary Share
Anonymously share your pay to help the community

Job Title

Location

Total Pay

Base Pay | Additional Pay

Total Years of Experience

Years at Recent Employer

Submitted

Date of Time

Product Manager

Chicago, IL

 | 4-6 years

$90,000

/yr

SubmittedYesterday

4-6 years
Yesterday
Product Manager

Chicago, IL

 | 4-6 years

$101,000

/yr

$89K | $12K

SubmittedYesterday

4-6 years
Yesterday
Product Manager

Chicago, IL

 | 10-14 years

$132,000

/yr

$120K | $12K

SubmittedYesterday

10-14 years
Yesterday
Product Manager

Chicago, IL

 | 4-6 years

$135,000

/yr

$125K | $10K

SubmittedYesterday

4-6 years
Yesterday
Product Manager

Chicago, IL

 | 4-6 years

$75,000

/yr

Submitted2 days ago

4-6 years
2 days ago
Product Manager

Chicago, IL

 | 1-3 years

$100,000

/yr

Submitted2 days ago

1-3 years
2 days ago
Product Manager

Chicago, IL

 | 1-3 years

$100,000

/yr

Submitted2 days ago

1-3 years
2 days ago
Product Manager

Chicago, IL

 | 1-3 years

$30,000

/yr

Submitted2 days ago

1-3 years
2 days ago
Product Manager

Chicago, IL

 | 1-3 years

$62,400

/yr

Submitted2 days ago

1-3 years
2 days ago

Product Manager pay FAQ in Chicago, IL

The average salary for a Product Manager is $114,524 per year in Chicago, IL. Salaries estimates are based on 49757 salaries submitted anonymously to Glassdoor by a Product Manager employees in Chicago, IL.

The highest salary for a Product Manager in Chicago, IL is $184,679 per year.

The lowest salary for a Product Manager in Chicago, IL is $71,019 per year.

If you are thinking of becoming a Product Manager or planning the next step in your career, find details about the role, the career path and salary trajectory of a Product Manager.