Senior Product Manager Salary in Illinois, United States
Illinois offers senior product managers a median salary of $116,500 per year. Chicago's tech sector and manufacturing industry influence salary levels.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
$89,500 to $105,500
Average (per year)
$97,000
Entry roles in banking or insurance technology have base salaries that reflect industry standards.
Mid-level (3-5 years)
Salary range (per year)
$106,000 to $126,500
Average (per year)
$116,500
Mid-level managers handle more responsibility at firms like State Farm.
Senior (6-9 years)
Salary range (per year)
$126,500 to $145,000
Average (per year)
$135,500
Senior product managers lead larger projects.
Principal/Lead (10+ years)
Salary range (per year)
$146,000+
Principal roles involve strategic oversight.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
$44 - $53
per hour
Mid-level
$53 - $64
per hour
Senior
$65 - $78
per hour
Nationally, senior product managers earn around $108,000, placing Illinois above the average. The salary advantage is associated with the state's corporate activity.