Senior Product Manager Salary in Schaumburg, Illinois
Schaumburg has corporate offices and tech employers. Retail, telecom, and software companies drive demand for product managers. The area offers competitive salaries.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
$98,000 to $119,000
Average (per year)
$109,000
Graduates entering product roles start with competitive salaries.
Mid-level (3-5 years)
Salary range (per year)
$119,000 to $145,000
Average (per year)
$132,000
Professionals with experience in e-commerce or B2B software advance in their careers.
Senior (6-9 years)
Salary range (per year)
$145,000 to $170,000
Average (per year)
$157,000
Senior managers leading multi-disciplinary teams at large firms such as Motorola Solutions receive higher compensation.
Principal/Lead (10+ years)
Salary range (per year)
$170,000+
Principal and lead product managers earn high salaries.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
$50 - $60
per hour
Mid-level
$60 - $74
per hour
Senior
$74 - $88
per hour