Product Manager Salary in Lakewood, Illinois

Lakewood sits along the northwestern suburbs of Chicago. Product Manager jobs are found in retail, education, and small tech startups. Salaries depend on local cost of living and corporate presence.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

$66,000 to $83,000

Average (per year)

$74,500

Entry-level Product Managers work on feature testing and local market analysis.

Mid-level (3-5 years)

Salary range (per year)

$84,000 to $106,000

Average (per year)

$95,000

Mid-level professionals manage launches and coordinate teams.

Senior (6-9 years)

Salary range (per year)

$107,000 to $129,000

Average (per year)

$118,000

Senior managers direct product strategy and oversee budgets.

Principal/Lead (10+ years)

Salary range (per year)

$130,000+

Principal-level leaders guide innovation and mentor junior staff.

Hourly Rates

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

Junior

$32 - $42

per hour

Mid-level

$43 - $55

per hour

Senior

$56 - $67

per hour