Product Manager Salary in Mount Prospect, Illinois
Mount Prospect is located in the Chicago metro area. The local economy includes logistics, light manufacturing, and finance. Pay levels reflect proximity to Chicago and suburban cost of living.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
$75,000 to $90,000
Average (per year)
$82,500
Entry‑level positions can be found with logistics firms and local tech startups.
Mid-level (3-5 years)
Salary range (per year)
$90,000 to $115,000
Average (per year)
$102,500
Mid‑level product managers find opportunities throughout the region.
Senior (6-9 years)
Salary range (per year)
$115,000 to $135,000
Average (per year)
$125,000
Senior product managers are employed in regional offices.
Principal/Lead (10+ years)
Salary range (per year)
$135,000+
Principal product managers may hold positions at larger organizations or work remotely.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
$40 - $50
per hour
Mid-level
$50 - $65
per hour
Senior
$65 - $80
per hour