Technology Silver Spring, MD Pop. 81,015

Product Manager Salary in Silver Spring, Maryland

The median product manager salary in Silver Spring, MD is $154,880 per year, which is 28.0% above the national median and 10.3% above the Maryland state average.

City Median
$154,880
vs State Avg
+$14,520
vs National
+$33,880
Cost of Living
122%

Product Manager Salary in Silver Spring by Experience

In Silver Spring, an entry-level product manager earns around $96,000, while experienced professionals earn up to $224,000 per year. The local cost of living index is 122% of the national average.

Entry Level (0-2 yrs)
$96,000
+$21,000 vs national
Mid Level (3-7 yrs)
$156,160
+$34,160 vs national
Senior Level (8+ yrs)
$224,000
+$49,000 vs national

Salary Percentiles in Silver Spring, MD

Percentile Silver Spring
10th Percentile $92,160
25th Percentile $121,600
Median (50th) $154,880
75th Percentile $198,400
90th Percentile $245,760

Product Manager Salary in Other Maryland Cities

Columbia, MD
$150,040
Pop. 104,681
Germantown, MD
$146,410
Pop. 90,676
Baltimore, MD
$137,940
Pop. 585,708
Waldorf, MD
$134,310
Pop. 77,000

How to Become a Product Manager in Silver Spring

Education

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

Find Product Manager Jobs in Silver Spring

Browse open product manager positions in Silver Spring, MD:

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Frequently Asked Questions: Product Manager Salary in Silver Spring

How much does a Product Manager make in Silver Spring, MD? ▼
The median product manager salary in Silver Spring, Maryland is $154,880 per year, which is 28.0% above the national median of $121,000. Salaries range from $92,160 (10th percentile) to $245,760 (90th percentile).
How much does a Product Manager make per hour in Silver Spring? ▼
Based on the median annual salary of $154,880, a product manager in Silver Spring earns approximately $74 per hour assuming a standard 2,080-hour work year.
How does Silver Spring compare to the Maryland state average for product manager pay? ▼
Silver Spring's median product manager salary of $154,880 is 10.3% above the Maryland state average of $140,360. The local cost of living index is 122% of the national average.
What is the cost of living in Silver Spring, MD? ▼
Silver Spring has a cost of living index of 122% compared to the national average. This means a product manager salary of $154,880 in Silver Spring has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a product manager in Silver Spring? ▼
Most product manager positions in Silver Spring 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.