Senior Product Manager Salary in Lake Forest, Illinois
Lake Forest has a presence of pharmaceutical, finance, and consulting firms. The area has a high cost of living and a concentration of large employers.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
$83,000 to $105,000
Average (per year)
$94,000
Graduates and new product managers in Lake Forest find roles at pharmaceutical and financial firms.
Mid-level (3-5 years)
Salary range (per year)
$105,000 to $127,000
Average (per year)
$116,000
Experience in regulated industries or business services is common among mid-level professionals supporting Fortune 500 operations.
Senior (6-9 years)
Salary range (per year)
$126,000 to $150,000
Average (per year)
$138,000
Senior product managers lead strategy at corporate offices or medical device companies.
Principal/Lead (10+ years)
Salary range (per year)
$149,000+
Principal-level professionals at large headquarters or consulting firms have competitive starting salaries.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
$43 - $55
per hour
Mid-level
$55 - $70
per hour
Senior
$70 - $85
per hour