Technology Springfield, IL Pop. 114,394

Product Manager Salary in Springfield, Illinois

The median product manager salary in Springfield, IL is $108,900 per year, which is 10% below the national median and 10% below the Illinois state average.

City Median
$108,900
vs State Avg
$-12,100
vs National
$-12,100
Cost of Living
85%

Product Manager Salary in Springfield by Experience

In Springfield, an entry-level product manager earns around $67,500, while experienced professionals earn up to $157,500 per year. The local cost of living index is 85% of the national average.

Entry Level (0-2 yrs)
$67,500
$-7,500 vs national
Mid Level (3-7 yrs)
$109,800
$-12,200 vs national
Senior Level (8+ yrs)
$157,500
$-17,500 vs national

Salary Percentiles in Springfield, IL

Percentile Springfield
10th Percentile $64,800
25th Percentile $85,500
Median (50th) $108,900
75th Percentile $139,500
90th Percentile $172,800

Product Manager Salary in Other Illinois Cities

How to Become a Product Manager in Springfield

Education

Most product manager positions require a bachelor's degree. Springfield 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 Springfield may vary based on local industry and population growth.

Find Product Manager Jobs in Springfield

Browse open product manager positions in Springfield, IL:

Frequently Asked Questions: Product Manager Salary in Springfield

How much does a Product Manager make in Springfield, IL?
The median product manager salary in Springfield, Illinois is $108,900 per year, which is 10% below the national median of $121,000. Salaries range from $64,800 (10th percentile) to $172,800 (90th percentile).
How much does a Product Manager make per hour in Springfield?
Based on the median annual salary of $108,900, a product manager in Springfield earns approximately $52 per hour assuming a standard 2,080-hour work year.
How does Springfield compare to the Illinois state average for product manager pay?
Springfield's median product manager salary of $108,900 is 10% below the Illinois state average of $121,000. The local cost of living index is 85% of the national average.
What is the cost of living in Springfield, IL?
Springfield has a cost of living index of 85% compared to the national average. This means a product manager salary of $108,900 in Springfield has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a product manager in Springfield?
Most product manager positions in Springfield require a bachelor's degree. Key skills include Product Strategy, Agile/Scrum, Data Analysis, Stakeholder Management. The job market is projected to grow 10% nationally over the next decade.