Senior Product Manager Salary in Gaithersburg, Maryland
Gaithersburg is located in Maryland's biotech corridor. Pharmaceutical companies and federal labs are major employers in the region. Living expenses in the area are influenced by proximity to Washington, DC and local employers.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
$120,000 to $135,000
Average (per year)
$127,000
Entry-level managers in the region work for biotech labs or software firms located near I-270.
Mid-level (3-5 years)
Salary range (per year)
$136,000 to $155,000
Average (per year)
$146,000
Mid-level product managers in the area work on projects for pharmaceutical firms and enterprise software vendors.
Senior (6-9 years)
Salary range (per year)
$156,000 to $175,000
Average (per year)
$165,000
Senior positions in the region are associated with federal agencies and the biotech sector.
Principal/Lead (10+ years)
Salary range (per year)
$176,000+
Principal managers lead product lines for pharmaceutical companies.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
$56 - $62
per hour
Mid-level
$63 - $73
per hour
Senior
$74 - $82
per hour