Product Lead Salary in Edina, Minnesota

Edina is located near Minneapolis and benefits from local healthcare and financial services sectors. The cost of living in Edina is influenced by its schools and neighborhoods, which can affect salary levels. Employers seek Product Leads with experience in insurance, healthcare, or fintech.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

$95,000 to $118,000

Average (per year)

$107,000

Entry-level positions involve analytics and feature scoping for regional healthcare, retail, and financial services firms in Edina.

Mid-level (3-5 years)

Salary range (per year)

$118,000 to $138,000

Average (per year)

$127,000

Mid-level Product Leads manage cross‑functional teams at insurance or medical‑device firms headquartered locally.

Senior (6-9 years)

Salary range (per year)

$138,000 to $162,000

Average (per year)

$149,000

Senior roles lead product strategy for SaaS or consulting units and interact directly with Twin Cities clients.

Principal/Lead (10+ years)

Salary range (per year)

$162,000+

Principal leads drive innovation for large healthcare networks or manage multiple product lines across the metro area.

Hourly Rates

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

Junior

$48 - $62

per hour

Mid-level

$62 - $74

per hour

Senior

$74 - $89

per hour