As of May 01, 2025, the average annual salary for a Product Development Director in Chicago, IL is $194,950. According to Salary.com, salaries can range from a low of $160,600 to a high of $234,524, with most professionals earning between $176,970 and $215,664.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $215,664 | $17,972 | $4,147 | $104 |
| Average | $194,950 | $16,246 | $3,749 | $94 |
| 25th Percentile | $176,970 | $14,747 | $3,403 | $85 |
An entry-level Product Development Director with under 1 year experience makes about $183,947. With less than 2 years of experience, a mid-level Product Development Director makes around $185,557. After 2-4 years, the Product Development Director pay rises to about $187,704. Those senior Product Development Director with 5-8 years of experience earn roughly $190,388, and those Product Development Director having 8 years or more experience are expected to earn about $193,071 on average.
| Levels | Salary |
|---|---|
| Entry Level Product Development Director | $183,947 |
| Intermediate Level Product Development Director | $185,557 |
| Senior Level Product Development Director | $187,704 |
| Specialist Level Product Development Director | $190,388 |
| Expert Level Product Development Director | $193,071 |
| Entry Level | 2% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 2% |
Not the salary data you are looking for? Choose the city salary you want to see.
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.
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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
Fintech: Integrating software technologies and applications to improve and automate the delivery and use of financial operations to consumers.
| Skill | Salary | Demand |
|---|---|---|
|
E- Commerce
|
$210,546 |
8%
|
|
Empathy
|
$206,647 |
6%
|
|
Payment Processing
|
$206,647 |
6%
|
|
Fintech
|
$206,647 |
6%
|
|
Scrum
|
$204,697 |
5%
|
|
B2B
|
$204,697 |
5%
|
