The salary of an Innovation Manager in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of April 01, 2025, the average annual salary for an Innovation Manager in the United States is $129,951. According to Salary.com, salaries can range from a low of $103,516 to a high of $157,557, with most professionals earning between $116,114 and $144,401.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $144,401 | $12,033 | $2,777 | $69 |
| Average | $129,951 | $10,829 | $2,499 | $62 |
| 25th Percentile | $116,114 | $9,676 | $2,233 | $56 |
An entry-level Innovation Manager with less than 1 year of experience earns about $124,788. With 1-2 years of experience, the average salary increases to $125,408. For 2-4 years of experience, the pay typically rises to $127,473. Senior-level professionals with 5-8 years of experience earn around $129,951, and those with over 8 years of experience can expect an average of $133,617.
| Levels | Salary |
|---|---|
| Entry Level Innovation Manager | $124,788 |
| Intermediate Level Innovation Manager | $125,408 |
| Senior Level Innovation Manager | $127,473 |
| Specialist Level Innovation Manager | $129,951 |
| Expert Level Innovation Manager | $133,617 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 0% |
| Experienced | 3% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Innovation Manager compensation over the past six years. For example, the median salary increased from $141,737 in 2023 to approximately $138,104 in 2024. (For a detailed analysis of Innovation Manager salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Innovation Manager information for you to search for. Click on search button below to see Innovation Manager job openings or enter a new job title here.
Here are companies hiring for Innovation Manager and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $129,951 | 72.5% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $9,941 | 5.5% | ||
| 401K/403B | $5,458 | 3.0% | ||
| Disability | $2,599 | 1.4% | ||
| Healthcare | $8,352 | 4.7% | ||
| Pension | $7,017 | 3.9% | ||
| Time Off | $15,994 | 8.9% | ||
| Total Compensation | $179,313 | 100% | ||
The average annual salary of Innovation Manager is $129,951. In case you are finding an easy salary calculator, the average hourly pay of Innovation Manager is $62; the average weekly pay of Innovation Manager is $2,499; the average monthly pay of Innovation Manager is $10,829.
An Innovation Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an Innovation Manager earns the most in San Jose, CA, where the annual salary of an Innovation Manager is $163,907.
The highest pay for Innovation Manager is $157,557.
The lowest pay for Innovation Manager is $103,516.
Advances the vision, strategy, and thinking methodologies used to innovate new products and services, introduce novel or disruptive ideas, improve existing processes, and create a culture of innovation within the company. Embraces an innovation strategy to define objectives and measures aligned with overall company goals that add value to stakeholders. Implements innovation projects and oversees resources and budgets. Works with partners or alliances on initiatives that support innovation. Collaborates with internal teams and provides training resources to promote a culture of innovation that encourages and supports experimentation and rewards new ideas and ways of thinking. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
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.
