Senior Product Manager Salary in Somerset County, New Jersey

Somerset County hosts pharmaceutical, finance, and technology companies. Cost of living and competition for talent influence product manager salaries. Local pay scales are shaped by large employers and proximity to New York City.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

$98,000 to $120,000

Average (per year)

$109,000

Entry-level product managers' salaries are generally lower than those of more senior positions.

Mid-level (3-5 years)

Salary range (per year)

$120,000 to $140,000

Average (per year)

$130,000

Mid-level product managers' compensation is typically higher than entry-level salaries.

Senior (6-9 years)

Salary range (per year)

$140,000 to $163,000

Average (per year)

$151,000

Senior product managers' compensation reflects their greater experience and responsibilities.

Principal/Lead (10+ years)

Salary range (per year)

$163,000+

Principal product managers may receive higher salaries and equity, reflecting seniority and leadership duties.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

$47 - $62

per hour

Mid-level

$62 - $79

per hour

Senior

$79 - $100

per hour