Product Lead Salary in Chicago, Illinois

Product leads in Chicago receive salaries that reflect local market conditions. The city's cost of living and presence of global headquarters affect pay for experienced talent.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

$95,000 to $120,000

Average (per year)

$107,000

Large employers in finance and healthcare set starting pay for new product leads.

Mid-level (3-5 years)

Salary range (per year)

$120,000 to $148,000

Average (per year)

$134,000

Mid-level professionals work at tech startups or Fortune 500 headquarters.

Senior (6-9 years)

Salary range (per year)

$148,000 to $180,000

Average (per year)

$164,000

Senior product leads manage teams for companies like McDonald's and Allstate.

Principal/Lead (10+ years)

Salary range (per year)

$180,000+

Principal roles receive bonuses and stock at tech firms.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

$52 - $65

per hour

Mid-level

$65 - $82

per hour

Senior

$82 - $105

per hour