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How much does a Product Development Director make?

As of April 01, 2025, the average annual salary for a Product Development Director in the United States is $188,649. According to Salary.com, salaries can range from a low of $155,409 to a high of $226,944, with most professionals earning between $171,250 and $208,694.

Product Development Director Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $208,694 $17,391 $4,013 $100
Average $188,649 $15,721 $3,628 $91
25th Percentile $171,250 $14,271 $3,293 $82

Average Salary

25% $171,250 10% $155,409 90% $226,944 75% $208,694 $188,649 50%(Median)
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How much does a Product Development Director make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Product Development Director salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Product Development Director hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Product Development Director's Salary?

An entry-level Product Development Director with less than 1 year of experience earns about $178,002. With 1-2 years of experience, the average salary increases to $179,560. For 2-4 years of experience, the pay typically rises to $181,637. Senior-level professionals with 5-8 years of experience earn around $184,234, and those with over 8 years of experience can expect an average of $186,831.

Levels Salary
Entry Level Product Development Director $178,002
Intermediate Level Product Development Director $179,560
Senior Level Product Development Director $181,637
Specialist Level Product Development Director $184,234
Expert Level Product Development Director $186,831
$178,002 0 yr
$179,560 < 2 yrs
$181,637 2-4 yrs
$184,234 5-8 yrs
$186,831 > 8 yrs
Last Updated on April 01, 2025
Entry Level 6%
Mid Level 5%
Senior Level 4%
Top Level 2%
Experienced 1%
View as graph
Last Updated on April 01, 2025

How much does salary of Product Development Director 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 Product Development Director is $235,604.
  • In New York, NY, the average annual salary is $218,625.
  • In Boston, MA, a Product Development Director earns $210,400 per year.

What is the salary trend of Product Development Director?

As of April 01, 2025, our research reveals a significant shift in Product Development Director compensation over the past six years. For example, the median salary increased from $193,888 in 2023 to approximately $191,783 in 2024. (For a detailed analysis of Product Development Director 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 Product Development Director Over Time

2020
$???
2021
$???
2022
$???
$193,888
2023
$191,783
2024
$189,336
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$193,888
2024
$191,783
2025
$189,336
2026
$???
Last Updated on April 01, 2025

Product Development Director Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $193,888
2024 $191,783
2025 $189,336
2026 View More
Last Updated on April 01, 2025

Job Openings of Product Development Director

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

Most Common Benefits for Product Development Director

Based on HR-reported data: a national average with a geographic differential
Base Salary 73.9%
Bonuses 0.0%
Social Security 5.2%
401k/403b 3.1%
Disability 1.5%
Healthcare 3.3%
Pension 4.0%
Time Off 9.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $188,649 73.9%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $13,189 5.2%
401K/403B $7,923 3.1%
Disability $3,773 1.5%
Healthcare $8,352 3.3%
Pension $10,187 4.0%
Time Off $23,218 9.1%
Total Compensation $255,291 100%
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 Product Development Director with different levels of education?

Salaries for Product Development Director with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Product Development Director with a Bachelor's Degree is $194,953 - $208,857. 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.

Product Development Director Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Product Development Director
Degree Level % of user with this level of education
No Diploma 0.3%
High School 3.2%
Associates 2.4%
Bachelors 39.8%
Masters 46.7%
Doctorate 7.5%
Typical Education for Product Development Director
No Diploma 0.3%
High School 3.2%
Associates 2.4%
Bachelors 39.8%
Masters 46.7%
Doctorate 7.5%
view as table

Product Development Director Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Product Development Director

1. What is the average salary of a Product Development Director?

The average annual salary of Product Development Director is $188,649. In case you are finding an easy salary calculator, the average hourly pay of Product Development Director is $91; the average weekly pay of Product Development Director is $3,628; the average monthly pay of Product Development Director is $15,721.

2. Where can a Product Development Director earn the most?

A Product Development Director'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, a Product Development Director earns the most in San Jose, CA, where the annual salary of a Product Development Director is $237,943.

3. What is the highest pay for Product Development Director?

The highest pay for Product Development Director is $226,944.

4. What is the lowest pay for Product Development Director?

The lowest pay for Product Development Director is $155,409.

5. What are the responsibilities of Product Development Director?

Plans and directs the resources and processes required to implement the vision and strategy for new product development and product lifecycle management of existing products. Establishes research and concept development projects and capabilities to innovate new products, product enhancements, and product redesign. Conducts market analysis and interacts with customers and prospects to identify new markets, articulate the value proposition, define requirements, and lead the development of a product roadmap. Oversees new product development and collaboration with internal stakeholders, including marketing, sales, and manufacturing, to ensure that new and existing products support the organization's financial goals. Develops teams with the knowledge and expertise to fulfill product development objectives. Requires a bachelor's degree. Typically reports to senior management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.

6. What are the skills of Product Development Director

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

3.)

Fintech: Integrating software technologies and applications to improve and automate the delivery and use of financial operations to consumers.

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 Product Development Director is $188,649 per year in the United States, updated at April 01, 2025.
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