Technology Carmel, IN Pop. 99,757

Product Manager Salary in Carmel, Indiana

The median product manager salary in Carmel, IN is $124,630 per year, which is 3.0% above the national median and 17.0% above the Indiana state average.

City Median
$124,630
vs State Avg
+$18,150
vs National
+$3,630
Cost of Living
105%

Product Manager Salary in Carmel by Experience

In Carmel, an entry-level product manager earns around $77,250, while experienced professionals earn up to $180,250 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$77,250
+$2,250 vs national
Mid Level (3-7 yrs)
$125,660
+$3,660 vs national
Senior Level (8+ yrs)
$180,250
+$5,250 vs national

Salary Percentiles in Carmel, IN

Percentile Carmel
10th Percentile $74,160
25th Percentile $97,850
Median (50th) $124,630
75th Percentile $159,650
90th Percentile $197,760

Product Manager Salary in Other Indiana Cities

Indianapolis, IN
$110,110
Pop. 887,642
Fort Wayne, IN
$100,430
Pop. 263,886
Evansville, IN
$99,220
Pop. 117,429
South Bend, IN
$98,010
Pop. 103,453

How to Become a Product Manager in Carmel

Education

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

Find Product Manager Jobs in Carmel

Browse open product manager positions in Carmel, IN:

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Frequently Asked Questions: Product Manager Salary in Carmel

How much does a Product Manager make in Carmel, IN? ▼
The median product manager salary in Carmel, Indiana is $124,630 per year, which is 3.0% above the national median of $121,000. Salaries range from $74,160 (10th percentile) to $197,760 (90th percentile).
How much does a Product Manager make per hour in Carmel? ▼
Based on the median annual salary of $124,630, a product manager in Carmel earns approximately $60 per hour assuming a standard 2,080-hour work year.
How does Carmel compare to the Indiana state average for product manager pay? ▼
Carmel's median product manager salary of $124,630 is 17.0% above the Indiana state average of $106,480. The local cost of living index is 105% of the national average.
What is the cost of living in Carmel, IN? ▼
Carmel has a cost of living index of 105% compared to the national average. This means a product manager salary of $124,630 in Carmel has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a product manager in Carmel? ▼
Most product manager positions in Carmel 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.