Product Manager Salary in Chicago, IL

IQ Team
Written by IQ Team
IQ Team
Published March 24, 2022
Estimated reading time: 7 minutes
Table of contents

$144,853

Average Base Salary

$144,208

Average Total Compensation

Min: $90K
Max: $200K
Base Salary
Median: $135K
Mean (Average): $145K
Data points: 109
Min: $16K
Max: $320K
Total Compensation
Median: $135K
Mean (Average): $144K
Data points: 99
The average base salary for a Product Manager in Chicago, IL is $144,853
based on 109 data points.
Adjusting the average for more recent salary data points, the average recency weighted base salary is $145,195.

The estimated average total compensation is $144,208
based on 99 data points.
The average recency weighted total compensation is $141,889.

Normalized Product Manager Salaries in Chicago, IL


Average total compensation
0% - Low
15%85%
Cost of living
0% - Low
15%85%
Years of experience
0% - Low
15%85%

The average base salary for Product Manager in Chicago, IL is in the top 65% compared to all other cities salaries.

The average base salary for Product Manager in Chicago, IL is $144,853 while the average Product Manager base salary is $160,656.

If we normalize the salaries in Chicago, IL by the cost of living, then the average base salary for Product Manager in Chicago, IL is in the top 57% compared to all other cities.

If we normalize the salaries in Chicago, IL by the years of experience, then the average base salary for Product Manager in Chicago, IL is in the top 62% compared to all other cities.

Product Manager Salary in Chicago, IL by Seniority Levels

Manager
$90K
$164K
Manager
Median: $135K
Mean (Average): $132K
Data points: 24
Senior
$120K
$220K
Senior
Median: $150K
Mean (Average): $169K
Data points: 48
Mid-Level
$80K
$159K
Mid-Level
Median: $130K
Mean (Average): $126K
Data points: 27
Entry Level
$76K
$151K
Entry Level
Median: $96K
Mean (Average): $106K
Data points: 6
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Seniority can increase the pay of a Product Manager in Chicago, IL. Here are the base salaries of a Product Manager in Chicago, IL grouped into 4 seniority categories.

Product Manager Salary in Chicago, IL Compared to other Positions

Product Manager
$90K
$200K
Product Manager
Median: $135K
Mean (Average): $145K
Data points: 109
Machine Learning Engineer
$71K
$211K
Machine Learning Engineer
Median: $120K
Mean (Average): $128K
Data points: 47
Software Engineer
$61K
$175K
Software Engineer
Median: $95K
Mean (Average): $105K
Data points: 6,005
Data Scientist
$60K
$147K
Data Scientist
Median: $95K
Mean (Average): $99K
Data points: 963
Data Engineer
$68K
$140K
Data Engineer
Median: $90K
Mean (Average): $97K
Data points: 1,143
Data Analyst
$50K
$150K
Data Analyst
Median: $76K
Mean (Average): $85K
Data points: 1,633
Research Scientist
$44K
$150K
Research Scientist
Median: $80K
Mean (Average): $85K
Data points: 135
Business Intelligence
$55K
$125K
Business Intelligence
Median: $79K
Mean (Average): $84K
Data points: 337
Business Analyst
$56K
$116K
Business Analyst
Median: $75K
Mean (Average): $80K
Data points: 1,963
Growth Marketing Analyst
$50K
$135K
Growth Marketing Analyst
Median: $60K
Mean (Average): $70K
Data points: 68
Product Analyst
$55K
$85K
Product Analyst
Median: $68K
Mean (Average): $70K
Data points: 33
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Most data science positions fall under different position titles depending on the actual role.

From the graph we can see that on average the Product Manager role pays the most with a $144,853 base salary while the Product Analyst role on average pays the least with a $69,798 base salary.

Product Manager Salary in Chicago, IL Compared to other Cities

Zurich, Switzerland
$127K
$328K
Zurich, Switzerland
Median: $186K
Mean (Average): $196K
Data points: 13
Omaha, NE
$128K
$272K
Omaha, NE
Median: $180K
Mean (Average): $190K
Data points: 137
San Francisco, CA
$120K
$260K
San Francisco, CA
Median: $180K
Mean (Average): $183K
Data points: 2,283
Memphis, TN
$113K
$218K
Memphis, TN
Median: $178K
Mean (Average): $169K
Data points: 28
New York, NY
$100K
$230K
New York, NY
Median: $164K
Mean (Average): $164K
Data points: 687
Los Angeles, CA
$99K
$236K
Los Angeles, CA
Median: $153K
Mean (Average): $159K
Data points: 190
Kalamazoo, MI
$130K
$190K
Kalamazoo, MI
Median: $146K
Mean (Average): $158K
Data points: 11
Boise, ID
$139K
$184K
Boise, ID
Median: $145K
Mean (Average): $156K
Data points: 6
Seattle, WA
$108K
$220K
Seattle, WA
Median: $151K
Mean (Average): $155K
Data points: 2,190
Portland, OR
$111K
$213K
Portland, OR
Median: $155K
Mean (Average): $153K
Data points: 42
Austin, TX
$92K
$213K
Austin, TX
Median: $149K
Mean (Average): $152K
Data points: 188
Richmond, VA
$126K
$217K
Richmond, VA
Median: $139K
Mean (Average): $150K
Data points: 23
Raleigh, NC
$85K
$210K
Raleigh, NC
Median: $150K
Mean (Average): $149K
Data points: 26
San Diego, CA
$79K
$226K
San Diego, CA
Median: $150K
Mean (Average): $149K
Data points: 49
Chicago, IL
$90K
$200K
Chicago, IL
Median: $135K
Mean (Average): $145K
Data points: 109
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)
1
...

The Product Manager salary in Norfolk, VA is the highest paying salary with a $300,000 average base salary. The Product Manager salary in Wroclaw, Poland is the lowest paying salary with $50,000 average base salary.

Top Companies for Product Manager Salaries in Chicago, IL

Here*
$794K
Here
Median: $794K
Mean (Average): $794K
Data points: 1
Meta*
$225K
Meta
Median: $225K
Mean (Average): $225K
Data points: 2
Hubspot*
$201K
$210K
Hubspot
Median: $205K
Mean (Average): $205K
Data points: 2
Cme Group*
$200K
Cme Group
Median: $200K
Mean (Average): $200K
Data points: 2
Atlassian*
$190K
Atlassian
Median: $190K
Mean (Average): $190K
Data points: 1
Zillow*
$185K
Zillow
Median: $185K
Mean (Average): $185K
Data points: 1
Salesforce*
$175K
Salesforce
Median: $175K
Mean (Average): $175K
Data points: 1
Expedia, Inc.*
$147K
$183K
Expedia, Inc.
Median: $167K
Mean (Average): $166K
Data points: 3
Github*
$160K
Github
Median: $160K
Mean (Average): $160K
Data points: 1
Mcdonald'S*
$121K
$180K
Mcdonald'S
Median: $180K
Mean (Average): $158K
Data points: 3
Capital One
$126K
$159K
Capital One
Median: $151K
Mean (Average): $146K
Data points: 6
Amazon
$119K
$159K
Amazon
Median: $148K
Mean (Average): $143K
Data points: 11
Grubhub
$122K
$161K
Grubhub
Median: $135K
Mean (Average): $139K
Data points: 5
Paypal
$116K
$165K
Paypal
Median: $120K
Mean (Average): $137K
Data points: 5
Groupon
$91K
$145K
Groupon
Median: $126K
Mean (Average): $121K
Data points: 6
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)
1

The Product Manager at Here salary is the highest paying salary with a $794,000 average base salary. The Product Manager at Publicis sapient salary is the lowest paying salary with $70,000 average base salary.
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Business Analyst Salary in Chicago, ILBusiness Intelligence Salary in Chicago, ILData Analyst Salary in Chicago, ILData Engineer Salary in Chicago, ILData Scientist Salary in Chicago, ILGrowth Marketing Analyst Salary in Chicago, ILMachine Learning Engineer Salary in Chicago, ILProduct Analyst Salary in Chicago, ILResearch Scientist Salary in Chicago, ILSoftware Engineer Salary in Chicago, IL