Director of Product Management salary in Chicago, IL
Average Base Salary in Chicago, IL
$169,832
$33,880
Additional Cash Compensation
$203,712
Total Compensation
Median: 160,000
Min: $126K
Max: $355K
How Much Does a Director of Product Management Make in Chicago, IL?
The average salary for a Director of Product Management in Chicago, IL is $169,832. The average additional cash compensation for a Director of Product Management in Chicago, IL is $33,880. The average total compensation for a Director of Product Management in Chicago, IL is $203,712. Director of Product Management salaries are based on responses gathered by Built In from anonymous Director of Product Management employees in Chicago, IL.
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Director of Product Management
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Chicago, IL
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Salary Insights
Director of Product Management Salary by gender
The average Director of Product Management salary for women is $172,500 and the average Director of Product Management salary for men is $173,317.
Director of Product Management Salary by Years of Experience
The average salary for a Director of Product Management with 7+ years of experience is $174,750.
Director of Product Management Salary ranges
The most common Director of Product Management salary in Chicago, IL is between $130k - $140k.
Average Product salaries in Chicago, IL
| Job Title | Average Salary | Salary Range |
|---|---|---|
| Technical Writer | $71,591 | Min: $55K Max: $95K |
| Product Analyst | $78,003 | Min: $48K Max: $205K |
| Associate Product Manager | $86,887 | Min: $60K Max: $130K |
| Product Designer | $98,469 | Min: $55K Max: $215K |
| Senior Technical Writer | $100,139 | Min: $75K Max: $119K |
| Product Owner | $104,185 | Min: $55K Max: $165K |
| Product Marketing Manager | $108,967 | Min: $63K Max: $152K |
| Technical Product Manager | $117,063 | Min: $86K Max: $141K |
| Product Manager | $119,281 | Min: $80K Max: $200K |
| Senior Product Marketing Manager | $138,000 | Min: $108K Max: $175K |
| Senior Product Manager | $144,809 | Min: $98K Max: $206K |
| Director of Product Management | $169,832 | Min: $126K Max: $355K |
| Director of Product Marketing | $193,829 | Min: $163K Max: $204K |
| Vice President of Product | $223,048 | Min: $178K Max: $278K |
| CPO (Chief Product Officer) | $256,313 | Min: $125K Max: $576K |
FAQ
Q:
A.
The director of product management oversees all product management functions throughout product development processes. They set benchmark goals for the product team, establish long-term product strategies, and train the product management team.
Q:
How much does the director of product management make?
A.
The salary range for the director of product management is $80K-$375K. The average salary for a Director of Product Management in Chicago, IL is $169,832.
Q:
How to become a director of product management?
A.
A director of product management must have a bachelor's degree in business, economics, or a related field with 5+ years of experience in product management or leading product development. They must have expertise in the product development life cycles and creating product strategy.
Career Info
Director of Product Management jobs in Chicago, IL
Skills that affect Director of Product Management salaries in Chicago, IL
1
Agile Product Development
6% have this skill
2
A/B testing
4% have this skill
3
Product Discovery and Definition
3% have this skill
4
Product Lifecycle Management
2% have this skill
5
Product Strategy
2% have this skill
6
Roadmap Development
2% have this skill
Average Director of Product Management Salary by Company Size
People with the job title Director of Product Management make the most at companies with 1,000+ employees, earning $201,500 on average.
Recent Director of Product Management salaries in Chicago, IL
$200,000
Yearly Salary
A Director of Product reported a yearly salary of $200,000
7+ Years of Experience
Female
11-50 Employees
Chicago, IL
$150,000
Yearly Salary
A Director of Product reported a yearly salary of $150,000
7+ Years of Experience
Male
11-50 Employees
Chicago, IL
$210,000
Yearly Salary
A Director, Product Management reported a yearly salary of $210,000 with +$55,000 in additional cash compensation
7+ Years of Experience
Female
1,000+ Employees
Chicago, IL
$220,000
Yearly Salary
A Head of Product reported a yearly salary of $220,000 with +$20,000 in additional cash compensation
7+ Years of Experience
Male
51-200 Employees
Chicago, IL
$185,000
Yearly Salary
A Director of Product Management reported a yearly salary of $185,000 with +$45,000 in additional cash compensation
7+ Years of Experience
Female
1,000+ Employees
Chicago, IL
5-10 Reports
$210,000
Yearly Salary
A Director, Product Management reported a yearly salary of $210,000 with +$21,000 in additional cash compensation
7+ Years of Experience
Female
201-500 Employees
Chicago, IL
$220,500
Yearly Salary
A Director, Product Mgmt reported a yearly salary of $220,500
7+ Years of Experience
Female
1,000+ Employees
Chicago, IL
$190,000
Yearly Salary
A Director of Product reported a yearly salary of $190,000 with +$60,000 in additional cash compensation
7+ Years of Experience
Female
1,000+ Employees
Chicago, IL
$200,000
Yearly Salary
A Director of Business Solutions reported a yearly salary of $200,000 with +$40,000 in additional cash compensation
7+ Years of Experience
Male
1,000+ Employees
Chicago, IL
$165,000
Yearly Salary
A Director of Product Management reported a yearly salary of $165,000
7+ Years of Experience
Male
51-200 Employees
Chicago, IL
5-10 Reports