Product Manager Salary in Illinois, United States
The median salary for product managers in Illinois is $97,000. Chicago offers opportunities for experienced product managers. Naperville, Schaumburg, and Aurora are suburban hubs in the region.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
$69,500 to $87,500
Average (per year)
$77,750
Recent graduates often begin their careers at midsize logistics firms or healthcare providers.
Mid-level (3-5 years)
Salary range (per year)
$87,000 to $107,000
Average (per year)
$97,000
Regional manufacturers and tech employers rely on experienced managers to lead projects.
Senior (6-9 years)
Salary range (per year)
$108,000 to $128,000
Average (per year)
$117,500
Larger companies and fast‑growing startups count on senior professionals to oversee product teams.
Principal/Lead (10+ years)
Salary range (per year)
$128,000+
Major regional enterprises entrust principal roles with managing complex portfolios.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
$34 - $43
per hour
Mid-level
$44 - $55
per hour
Senior
$56 - $67
per hour
Nationally product managers average around $105,000, placing Illinois slightly below the top tier. The lower cost of living can affect salary considerations for residents.