Product Manager Salary in Olmsted County
Rochester's economy is dominated by healthcare, with Mayo Clinic anchoring local tech hiring. Product Managers work at the intersection of medicine and technology, which shapes salary bands. The cost of living is moderate, holding salaries below those in large metro areas.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
$68,000 to $89,000
Average (per year)
$78,500
Entry-level Product Managers in Olmsted County work for a mix of tech and healthcare employers.
Mid-level (3-5 years)
Salary range (per year)
$89,000 to $110,000
Average (per year)
$99,000
Mid-level roles see salaries increase, tied to experience in medical software or hospital systems.
Senior (6-9 years)
Salary range (per year)
$110,000 to $133,000
Average (per year)
$121,000
Senior Product Managers typically earn higher salaries, especially those managing large-scale projects for local health tech employers.
Principal/Lead (10+ years)
Salary range (per year)
$133,000+
Principal roles are rare and provide competitive compensation for those with deep expertise in regulated healthcare environments.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
$35 - $48
per hour
Mid-level
$48 - $62
per hour
Senior
$62 - $76
per hour