Technology Germantown, MD Pop. 90,676

Product Manager Salary in Germantown, Maryland

The median product manager salary in Germantown, MD is $146,410 per year, which is 21.0% above the national median and 4.3% above the Maryland state average.

City Median
$146,410
vs State Avg
+$6,050
vs National
+$25,410
Cost of Living
115%

Product Manager Salary in Germantown by Experience

In Germantown, an entry-level product manager earns around $90,750, while experienced professionals earn up to $211,750 per year. The local cost of living index is 115% of the national average.

Entry Level (0-2 yrs)
$90,750
+$15,750 vs national
Mid Level (3-7 yrs)
$147,620
+$25,620 vs national
Senior Level (8+ yrs)
$211,750
+$36,750 vs national

Salary Percentiles in Germantown, MD

Percentile Germantown
10th Percentile $87,120
25th Percentile $114,950
Median (50th) $146,410
75th Percentile $187,550
90th Percentile $232,320

Product Manager Salary in Other Maryland Cities

How to Become a Product Manager in Germantown

Education

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

Find Product Manager Jobs in Germantown

Browse open product manager positions in Germantown, MD:

Frequently Asked Questions: Product Manager Salary in Germantown

How much does a Product Manager make in Germantown, MD?
The median product manager salary in Germantown, Maryland is $146,410 per year, which is 21.0% above the national median of $121,000. Salaries range from $87,120 (10th percentile) to $232,320 (90th percentile).
How much does a Product Manager make per hour in Germantown?
Based on the median annual salary of $146,410, a product manager in Germantown earns approximately $70 per hour assuming a standard 2,080-hour work year.
How does Germantown compare to the Maryland state average for product manager pay?
Germantown's median product manager salary of $146,410 is 4.3% above the Maryland state average of $140,360. The local cost of living index is 115% of the national average.
What is the cost of living in Germantown, MD?
Germantown has a cost of living index of 115% compared to the national average. This means a product manager salary of $146,410 in Germantown has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a product manager in Germantown?
Most product manager positions in Germantown 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.