Product Manager Salary in Lake Forest, Illinois
Lake Forest is a suburb north of Chicago. Product managers are employed by finance, consulting, and healthcare firms. Salaries in Lake Forest vary from those in surrounding towns.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
$74,000 to $91,000
Average (per year)
$82,500
Entry-level managers handle feature development and customer feedback for finance, consulting, and healthcare product teams.
Mid-level (3-5 years)
Salary range (per year)
$92,000 to $115,000
Average (per year)
$103,500
Mid-level roles involve product roadmap ownership and stakeholder alignment, mostly at major corporate offices and financial institutions.
Senior (6-9 years)
Salary range (per year)
$116,000 to $140,000
Average (per year)
$128,000
Senior managers direct large-scale projects and manage product portfolios, often for Fortune 500 companies and tech subsidiaries.
Principal/Lead (10+ years)
Salary range (per year)
$141,000+
Principal-level positions shape company-wide product vision and innovation, found at top-tier employers and global firms.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
$36 - $48
per hour
Mid-level
$49 - $62
per hour
Senior
$63 - $76
per hour