Product Manager Salary in Cambridgeshire, United Kingdom

Cambridgeshire offers a median mid‑level product manager salary of £52,500 per year. Tech firms, biotech labs, and university spin‑outs contribute to local employment demand.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

£34,500 to £43,000

Average (per year)

£38,750

Graduates often receive higher starting salaries in Cambridge.

Mid-level (3-5 years)

Salary range (per year)

£44,500 to £61,500

Average (per year)

£52,500

Mid-level managers work in software, biotech, or hardware companies demanding cross-functional skills.

Senior (6-9 years)

Salary range (per year)

£62,500 to £81,500

Average (per year)

£71,750

Senior roles support commercialisation of advanced technology for global firms and fast-growing scale-ups.

Principal/Lead (10+ years)

Salary range (per year)

£82,500+

Principal product managers lead multi-million-pound projects in sectors like AI, life sciences, and fintech.

Hourly Rates

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

Junior

£20 - £28

per hour

Mid-level

£29 - £41

per hour

Senior

£42 - £56

per hour

The £52,500 median sits roughly £5,000 above the UK average for comparable positions. Wages in the region are higher than in some other areas.