Product Manager Salary in Medford, Minnesota

Medford has a small population. Product manager roles in the area include manufacturing and health services. Salaries are affected by the local cost of living and the presence of large employers.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

$67,000 to $81,000

Average (per year)

$74,000

Entry-level product managers have starting salaries.

Mid-level (3-5 years)

Salary range (per year)

$81,000 to $96,000

Average (per year)

$89,000

Salaries increase for mid-level roles as experience brings more responsibility.

Senior (6-9 years)

Salary range (per year)

$96,000 to $115,000

Average (per year)

$105,000

Senior managers command higher pay, largely at regional manufacturing or healthcare firms.

Principal/Lead (10+ years)

Salary range (per year)

$115,000+

Principal roles are available at larger employers with regional headquarters.

Hourly Rates

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

Junior

$32 - $39

per hour

Mid-level

$39 - $46

per hour

Senior

$46 - $56

per hour