Product Manager Salary in Near North Side, Illinois

Near North Side is part of Chicago's tech and business corridor. Companies such as Salesforce, Morningstar, and Grubhub contribute to competition for talent. Higher living expenses and a dense population can influence salary levels.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

$78,000 to $105,000

Average (per year)

$90,000

In Near North Side, early-career Product Managers work for tech firms or digital agencies, and their salaries consider local living costs.

Mid-level (3-5 years)

Salary range (per year)

$105,000 to $130,000

Average (per year)

$117,000

Fintech companies, healthcare startups, and established downtown corporations hire mid-level Product Managers.

Senior (6-9 years)

Salary range (per year)

$130,000 to $165,000

Average (per year)

$148,000

Seasoned professionals receive competitive offers from various companies, including those with rapid growth or multinational presence.

Principal/Lead (10+ years)

Salary range (per year)

$165,000+

Principal-level Product Managers negotiate compensation packages that can include equity and bonuses.

Hourly Rates

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

Junior

$38 - $52

per hour

Mid-level

$52 - $65

per hour

Senior

$65 - $85

per hour