Salaries//Chicago, IL//Senior Product Manager

Senior Product Manager salary in Chicago, IL

Average Base Salary in Chicago, IL

$145,207
$19,870
Additional Cash Compensation
$165,077
Total Compensation
Median: 142,000
Min: $98K
Max: $206K

How Much Does a Senior Product Manager Make in Chicago, IL?

The average salary for a Senior Product Manager in Chicago, IL is $145,207. The average additional cash compensation for a Senior Product Manager in Chicago, IL is $19,870. The average total compensation for a Senior Product Manager in Chicago, IL is $165,077. Senior Product Manager salaries are based on responses gathered by Built In from anonymous Senior Product Manager employees in Chicago, IL.

Senior Product Manager
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Salary Insights

Senior Product Manager Salary by gender

The average Senior Product Manager salary for women is $144,863 and the average Senior Product Manager salary for men is $146,407.

Senior Product Manager Salary by Years of Experience

The average salary for a Senior Product Manager with 7+ years of experience is $147,679.

Senior Product Manager Salary ranges

The most common Senior Product Manager salary in Chicago, IL is between $120k - $130k.

Average Product salaries in Chicago, IL

Job TitleAverage SalarySalary Range
Technical Writer$71,591
Min: $55K
Max: $95K
Product Analyst$78,646
Min: $48K
Max: $205K
Associate Product Manager$86,887
Min: $60K
Max: $130K
Product Designer$99,913
Min: $55K
Max: $249K
Senior Technical Writer$100,139
Min: $75K
Max: $119K
Product Owner$104,760
Min: $55K
Max: $165K
Product Marketing Manager$108,967
Min: $63K
Max: $152K
Technical Product Manager$117,063
Min: $86K
Max: $141K
Product Manager$119,363
Min: $80K
Max: $200K
Senior Product Marketing Manager$138,000
Min: $108K
Max: $175K
Senior Product Manager$145,207
Min: $98K
Max: $206K
Director of Product Management$170,578
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:

What does a senior product manager do?

A.
Senior product managers lead all stages of the product development process while guiding product managers with their expertise. They play a critical role in developing a long-term product strategy.
Q:

How much does a senior product manager make?

A.

The salary range for a senior product manager is $75K-$300K. The average salary for a Senior Product Manager in Chicago, IL is $145,207.

Q:

What is the difference between product manager and senior product manager?

A.
Senior product managers guide a product manager's strategic decisions and typically have two or more additional years of experience in a product manager role.

Career Info

Senior Product Manager jobs in Chicago, IL

Skills that affect Senior Product Manager salaries in Chicago, IL

1
Agile Product Development
8% have this skill
2
A/B testing
8% have this skill
3
Roadmap Development
3% have this skill
4
Product Discovery and Definition
3% have this skill
5
Product Lifecycle Management
3% have this skill
6
Product Strategy
3% have this skill

Average Senior Product Manager Salary by Company Size

People with the job title Senior Product Manager make the most at companies with 1,000+ employees, earning $157,500 on average.

Recent Senior Product Manager salaries in Chicago, IL

$185,000
Yearly Salary
A Senior Product Manager reported a yearly salary of $185,000 with +$46,250 in additional cash compensation
7+ Years of Experience
Female
201-500 Employees
Chicago, IL
$150,000
Yearly Salary
A Senior Product Manager reported a yearly salary of $150,000 with +$30,000 in additional cash compensation
7+ Years of Experience
Female
51-200 Employees
Chicago, IL
$150,000
Yearly Salary
A Senior Product Manager reported a yearly salary of $150,000 with +$30,000 in additional cash compensation
3-5 Years of Experience
Male
51-200 Employees
Chicago, IL
$140,400
Yearly Salary
A Senior Product Manager reported a yearly salary of $140,400 with +$7,200 in additional cash compensation
7+ Years of Experience
Female
11-50 Employees
Chicago, IL
$162,750
Yearly Salary
A Senior Product Manager reported a yearly salary of $162,750 with +$24,412 in additional cash compensation
3-5 Years of Experience
Male
201-500 Employees
Chicago, IL
$160,000
Yearly Salary
A Senior Product Manager reported a yearly salary of $160,000 with +$30,500 in additional cash compensation
5-7 Years of Experience
Male
51-200 Employees
Chicago, IL
$155,000
Yearly Salary
A Senior Product Manager reported a yearly salary of $155,000 with +$10,000 in additional cash compensation
7+ Years of Experience
Male
51-200 Employees
Chicago, IL
$175,000
Yearly Salary
A Senior Product Manager reported a yearly salary of $175,000 with +$25,000 in additional cash compensation
7+ Years of Experience
Male
1,000+ Employees
Chicago, IL
$206,000
Yearly Salary
A Senior Product Manager reported a yearly salary of $206,000 with +$13,000 in additional cash compensation
7+ Years of Experience
Male
1,000+ Employees
Chicago, IL
$171,000
Yearly Salary
A Senior Product Manager reported a yearly salary of $171,000 with +$6,840 in additional cash compensation
7+ Years of Experience
Male
201-500 Employees
Chicago, IL