Technology Newark, NJ Pop. 311,549

Product Manager Salary in Newark, New Jersey

The median product manager salary in Newark, NJ is $142,780 per year, which is 18.0% above the national median and 2.5% below the New Jersey state average.

City Median
$142,780
vs State Avg
$-3,630
vs National
+$21,780
Cost of Living
112%

Product Manager Salary in Newark by Experience

In Newark, an entry-level product manager earns around $88,500, while experienced professionals earn up to $206,500 per year. The local cost of living index is 112% of the national average.

Entry Level (0-2 yrs)
$88,500
+$13,500 vs national
Mid Level (3-7 yrs)
$143,960
+$21,960 vs national
Senior Level (8+ yrs)
$206,500
+$31,500 vs national

Salary Percentiles in Newark, NJ

Percentile Newark
10th Percentile $84,960
25th Percentile $112,100
Median (50th) $142,780
75th Percentile $182,900
90th Percentile $226,560

Product Manager Salary in Other New Jersey Cities

Jersey City, NJ
$162,140
Pop. 292,449
Edison, NJ
$146,410
Pop. 107,588
Elizabeth, NJ
$137,940
Pop. 137,298
Paterson, NJ
$134,310
Pop. 159,732

How to Become a Product Manager in Newark

Education

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

Find Product Manager Jobs in Newark

Browse open product manager positions in Newark, NJ:

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Frequently Asked Questions: Product Manager Salary in Newark

How much does a Product Manager make in Newark, NJ? ▼
The median product manager salary in Newark, New Jersey is $142,780 per year, which is 18.0% above the national median of $121,000. Salaries range from $84,960 (10th percentile) to $226,560 (90th percentile).
How much does a Product Manager make per hour in Newark? ▼
Based on the median annual salary of $142,780, a product manager in Newark earns approximately $69 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the New Jersey state average for product manager pay? ▼
Newark's median product manager salary of $142,780 is 2.5% below the New Jersey state average of $146,410. The local cost of living index is 112% of the national average.
What is the cost of living in Newark, NJ? ▼
Newark has a cost of living index of 112% compared to the national average. This means a product manager salary of $142,780 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a product manager in Newark? ▼
Most product manager positions in Newark 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.