Senior Product Manager Salary in Bloomington, Illinois
Bloomington is home to major insurance and banking employers, including State Farm. Salaries reflect a lower cost of living compared to Chicago but remain competitive in the regional tech sector. Product managers are employed in various local industries, including financial technology.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
$87,000 to $105,000
Average (per year)
$96,000
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 $128,000
Average (per year)
$117,000
Mid-level managers handle more responsibility at firms like State Farm.
Senior (6-9 years)
Salary range (per year)
$129,000 to $146,000
Average (per year)
$138,000
Senior product managers lead larger projects.
Principal/Lead (10+ years)
Salary range (per year)
$147,000+
Principal roles involve strategic oversight.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
$42 - $49
per hour
Mid-level
$50 - $62
per hour
Senior
$63 - $70
per hour