Product Manager Salary in Minnetonka, Minnesota

Minnetonka is home to major healthcare companies, including UnitedHealth Group. Product manager salaries in this area differ from suburban averages. Local income levels and corporate headquarters may affect compensation.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

$75,000 to $91,000

Average (per year)

$83,000

Entry-level product manager salaries in the area are comparable to state averages.

Mid-level (3-5 years)

Salary range (per year)

$91,000 to $112,000

Average (per year)

$101,000

Mid-level positions are found in health services and financial companies.

Senior (6-9 years)

Salary range (per year)

$112,000 to $132,000

Average (per year)

$122,000

Senior managers may work at large corporations and oversee teams.

Principal/Lead (10+ years)

Salary range (per year)

$132,000+

Principal roles are found at regional headquarters such as UnitedHealth Group.

Hourly Rates

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

Junior

$36 - $44

per hour

Mid-level

$44 - $53

per hour

Senior

$53 - $63

per hour