Technology Chicago, IL
Pop. 2,693,976
Product Manager Salary in Chicago, Illinois
The median product manager salary in Chicago, IL is $135,520 per year, which is 12.0% above the national median and 12.0% above the Illinois state average.
City Median
$135,520
vs State Avg
+$14,520
vs National
+$14,520
Cost of Living
107%
Product Manager Salary in Chicago by Experience
In Chicago, an entry-level product manager earns around $84,000, while experienced professionals earn up to $196,000 per year. The local cost of living index is 107% of the national average.
Entry Level (0-2 yrs)
$84,000
+$9,000 vs national
Mid Level (3-7 yrs)
$136,640
+$14,640 vs national
Senior Level (8+ yrs)
$196,000
+$21,000 vs national
Salary Percentiles in Chicago, IL
| Percentile | Chicago |
|---|---|
| 10th Percentile | $80,640 |
| 25th Percentile | $106,400 |
| Median (50th) | $135,520 |
| 75th Percentile | $173,600 |
| 90th Percentile | $215,040 |
Product Manager Salary in Other Illinois Cities
How to Become a Product Manager in Chicago
Education
Most product manager positions require a bachelor's degree. Chicago and the surrounding Illinois area have institutions offering relevant programs.
Key Skills
Product StrategyAgile/ScrumData AnalysisStakeholder ManagementRoadmappingUser Research
Job Outlook
Nationally, product manager employment is projected to grow 10% over the next decade (faster than average). Demand in Chicago may vary based on local industry and population growth.