How much does a Vice President of Product Development make?

As of April 01, 2025, the average annual salary for a Vice President of Product Development in the United States is $273,490. According to Salary.com, salaries can range from a low of $234,135 to a high of $314,947, with most professionals earning between $252,890 and $295,190.

Vice President of Product Development Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $295,190 $24,599 $5,677 $142
Average $273,490 $22,791 $5,259 $131
25th Percentile $252,890 $21,074 $4,863 $122

Average Salary

25% $252,890 10% $234,135 90% $314,947 75% $295,190 $273,490 50%(Median)
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How much does a Vice President of Product Development make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Vice President of Product Development salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Vice President of Product Development is about $273,490 a year, this translates to an approximate hourly rate of $131, a monthly salary of about $22,791, and a weekly pay of around $5,259 . Click the switch button below to see more details about Vice President of Product Development hourly pay, weekly pay, monthly pay, and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Vice President of Product Development's Salary?

An entry-level Vice President of Product Development with less than 1 year of experience earns about $260,884. With 1-2 years of experience, the average salary increases to $262,729. For 2-4 years of experience, the pay typically rises to $265,189. Senior-level professionals with 5-8 years of experience earn around $268,878, and those with over 8 years of experience can expect an average of $273,490.

Levels Salary
Entry Level Vice President of Product Development $260,884
Intermediate Level Vice President of Product Development $262,729
Senior Level Vice President of Product Development $265,189
Specialist Level Vice President of Product Development $268,878
Expert Level Vice President of Product Development $273,490
$260,884 0 yr
$262,729 < 2 yrs
$265,189 2-4 yrs
$268,878 5-8 yrs
$273,490 > 8 yrs
Last Updated on April 01, 2025
Entry Level 5%
Mid Level 4%
Senior Level 3%
Top Level 2%
Experienced 0%
View as graph
Last Updated on April 01, 2025

How much does salary of Vice President of Product Development vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Vice President of Product Development is $341,590.
  • In New York, NY, the average annual salary is $316,990.
  • In Boston, MA, a Vice President of Product Development earns $304,990 per year.

What is the salary trend of Vice President of Product Development?

As of April 01, 2025, our research reveals a significant shift in Vice President of Product Development compensation over the past six years. For example, the median salary increased from $252,332 in 2023 to approximately $250,482 in 2024. (For a detailed analysis of Vice President of Product Development salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Vice President of Product Development Over Time

2020
$???
2021
$???
2022
$???
$252,332
2023
$250,482
2024
$245,798
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$252,332
2024
$250,482
2025
$245,798
2026
$???
Last Updated on April 01, 2025

Vice President of Product Development Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $252,332
2024 $250,482
2025 $245,798
2026 View More
Last Updated on April 01, 2025

Job Openings of Vice President of Product Development

Salary.com job board provides millions of Vice President of Product Development information for you to search for. Click on search button below to see Vice President of Product Development job openings or enter a new job title here.

Most Common Benefits for Vice President of Product Development

Based on HR-reported data: a national average with a geographic differential
Base Salary 76.1%
Bonuses 0.0%
Social Security 4.0%
401k/403b 2.9%
Disability 1.5%
Healthcare 2.3%
Pension 3.8%
Time Off 9.4%
Core Compensation
Core Compensation Median % of Total
Base Salary $273,490 76.1%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $14,419 4.0%
401K/403B $10,500 2.9%
Disability $5,470 1.5%
Healthcare $8,352 2.3%
Pension $13,500 3.8%
Time Off $33,660 9.4%
Total Compensation $359,391 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Vice President of Product Development with different levels of education?

Salaries for Vice President of Product Development with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Vice President of Product Development with a Bachelor's Degree is $300,944 - $327,139. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Vice President of Product Development Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Vice President of Product Development
Degree Level % of user with this level of education
No Diploma 0.3%
High School 1.2%
Associates 1.5%
Bachelors 45.4%
Masters 42.1%
Doctorate 9.6%
Typical Education for Vice President of Product Development
No Diploma 0.3%
High School 1.2%
Associates 1.5%
Bachelors 45.4%
Masters 42.1%
Doctorate 9.6%
view as table

Vice President of Product Development Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Vice President of Product Development

1. What is the salary of VP product control?

The salary for a Vice President of Product Development ranges from a minimum of $279,190 to a maximum of $384,090, with a mid-point salary of $321,990. This reflects the competitive compensation for this role in the industry.

2. What does a VP of product operations do?

The VP of Product Development is responsible for shaping the product strategy and execution. This role involves defining the product vision, establishing the product roadmap, and leading the team to deliver high-quality products that meet customer needs and drive business growth. The salary for this position ranges from $279,190 to $384,090, with a midpoint of $321,990.

3. How much does a VP at a startup make?

A Vice President of Product Development typically earns between $279,190 and $384,090 annually, with a median salary of $321,990. While startup salaries can vary, they often fall below this range, especially in cities like San Francisco, where the average is around $185,600.

4. What is a VP of product position?

The role of a VP of Product is multifaceted, balancing hands-on execution with strategic vision. In hypergrowth, they orchestrate scaling efforts across teams, processes, and products. At the enterprise level, they navigate cross-functional leadership to ensure cohesive product portfolios. The salary for this position ranges from $279,190 to $384,090, with a midpoint of $321,990.

5. How much does a VP of product development make?

The estimated total pay for a Vice President of Product Development ranges from $279,190 to $384,090 per year, with a mid-salary of $321,990. These figures reflect the salary range based on industry data and represent the midpoint of the compensation spectrum for this role.

6. What does a VP of product development do?

A Vice President (VP) of Product Development is a senior executive responsible for leading an organization's product development initiatives. This strategic leader guides the vision, design, and execution of products to align with company goals and market demands. The salary for this role typically ranges from $279,190 to $384,090, with a midpoint of $321,990.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Vice President of Product Development is $273,490 per year in the United States, updated at April 01, 2025.
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