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How much does a Product Manager III make?

As of April 01, 2025, the average annual salary for a Product Manager III in the United States is $130,343. Salary.com reports that pay typically ranges from $119,312 to $142,210, with most professionals earning between $109,269 and $153,014.

Product Manager III Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $142,210 $11,851 $2,735 $68
Average $130,343 $10,862 $2,507 $63
25th Percentile $119,312 $9,943 $2,294 $57

Average Salary

25% $119,312 10% $109,269 90% $153,014 75% $142,210 $130,343 50%(Median)
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How much does a Product Manager III make by hour, week, month, and year?

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

Last Updated on April 01, 2025

How Does Experience Level Affect a Product Manager III's Salary?

An entry-level Product Manager III with less than 1 year of experience earns about $126,227. With 1-2 years of experience, the average salary increases to $126,721. For 2-4 years of experience, the pay typically rises to $127,873. Senior-level professionals with 5-8 years of experience earn around $130,343, and those with over 8 years of experience can expect an average of $133,885.

Levels Salary
Entry Level Product Manager III $126,227
Intermediate Level Product Manager III $126,721
Senior Level Product Manager III $127,873
Specialist Level Product Manager III $130,343
Expert Level Product Manager III $133,885
$126,227 0 yr
$126,721 < 2 yrs
$127,873 2-4 yrs
$130,343 5-8 yrs
$133,885 > 8 yrs
Last Updated on April 01, 2025
Entry Level 3%
Mid Level 3%
Senior Level 2%
Top Level 0%
Experienced 3%
View as graph
Last Updated on April 01, 2025

How much does salary of Product Manager III 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 Manager III is $162,785.
  • In New York, NY, the average annual salary is $151,055.
  • In Boston, MA, a Product Manager III earns $145,372 per year.

What is the salary trend of Product Manager III?

As of April 01, 2025, our research reveals a significant shift in Product Manager III compensation over the past six years. For example, the median salary increased from $126,212 in 2023 to approximately $126,975 in 2024. (For a detailed analysis of Product Manager III 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 Manager III Over Time

2020
$???
2021
$???
2022
$???
$126,212
2023
$126,975
2024
$125,469
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$126,212
2024
$126,975
2025
$125,469
2026
$???
Last Updated on April 01, 2025

Product Manager III Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $126,212
2024 $126,975
2025 $125,469
2026 View More
Last Updated on April 01, 2025

Job Openings of Product Manager III

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

Based on HR-reported data: a national average with a geographic differential
Base Salary 72.5%
Bonuses 0.0%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 4.6%
Pension 3.9%
Time Off 8.9%
Core Compensation
Core Compensation Median % of Total
Base Salary $130,343 72.5%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $9,971 5.5%
401K/403B $5,474 3.0%
Disability $2,607 1.4%
Healthcare $8,352 4.6%
Pension $7,039 3.9%
Time Off $16,042 8.9%
Total Compensation $179,828 100%
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 Manager III with different levels of education?

Salaries for Product Manager III with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Product Manager III with a Associate's Degree is $121,954 - $129,397. 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 Manager III Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Product Manager III
Degree Level % of user with this level of education
No Diploma 0.3%
High School 3.4%
Associates 2.2%
Bachelors 41.4%
Masters 50.1%
Doctorate 2.6%
Typical Education for Product Manager III
No Diploma 0.3%
High School 3.4%
Associates 2.2%
Bachelors 41.4%
Masters 50.1%
Doctorate 2.6%
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Product Manager III Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Product Manager III

1. What is the average salary of a Product Manager III?

The average annual salary of Product Manager III is $130,343. In case you are finding an easy salary calculator, the average hourly pay of Product Manager III is $63; the average weekly pay of Product Manager III is $2,507; the average monthly pay of Product Manager III is $10,862.

2. Where can a Product Manager III earn the most?

A Product Manager III'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 Manager III earns the most in San Jose, CA, where the annual salary of a Product Manager III is $164,402.

3. What is the highest pay for Product Manager III?

The highest pay for Product Manager III is $153,014.

4. What is the lowest pay for Product Manager III?

The lowest pay for Product Manager III is $109,269.

5. What are the responsibilities of Product Manager III?

Guides and manages the lifecycle of new technology products or feature enhancements. Develops product concepts and designs to facilitate market needs and user requirements. Conducts research and develops a good understanding of the customer's needs, new technologies, trends in the market, and competitors. Develops requirements documents, functional specifications, and mock-ups to clearly illustrate product ideas and concepts. Participates in all phases of the product development lifecycle, including analysis, design, testing, and integration of products and introducing products to the market. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.

6. What are the skills of Product Manager III

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.)

Product Marketing: Product marketing is a process of promoting and selling a product to a customer. Also product marketing is defined as being the intermediary function between product development and increasing brand awareness. For example, product management deals with the basics of product development within a firm, whereas product marketing deals with marketing the product to prospects, customers, and others. Product marketing, as a job function within a firm, also differs from other marketing jobs such as social media marketing, marketing communications ("marcom"), online marketing, advertising, marketing strategy, and public relations, although product marketers may use channels such as online for outbound marketing for their product. A product market is something that is referred to when pitching a new product to the general public. Product market definition focuses on a narrow statement: the product type, customer needs (functional needs), customer type, and geographic area.

3.)

B2B: B2B (business-to-business), a type of electronic commerce (e-commerce), is the exchange of products, services or information between businesses, rather than between businesses and consumers (B2C).

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 Manager III is $130,343 per year in the United States, updated at April 01, 2025.
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