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Product Manager salary

What a Product Manager (level IC2, Mid-level) is paid in 2026 in the highest-paying US markets.

Modeled estimate · Updated October 2026

Median base salary, San Francisco Bay Area, New York, Seattle

$148,000

Most companies pay between $126,000 and $170,500.

Median $148k $126k25th$171k75th

The shaded middle is where most companies aim. Anything inside it is normal pay for this level and market.

The full range

Every market, the 10th to 90th percentiles, bonus, equity, and new hire grants, adjusted for your industry and company size.

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Product Manager pay by level

Median base salary, top-tier markets.

TitleMedian base
Associate Product ManagerIC1 Associate / Entry$108k
Product ManagerIC2 Mid-level$148k
Senior Product ManagerIC3 Senior$195k
Staff Product ManagerIC4 Staff / Lead$238k
Principal Product ManagerIC5 Senior Staff / Principal$277k
Distinguished Product ManagerIC6 Distinguished$322k

All Product Manager levels

Related roles at IC2

Questions

How much does a Product Manager make?

In the San Francisco Bay Area, New York, and Seattle, the modeled median base salary for a Product Manager is $148,000, with most companies paying between $126,000 and $170,500. Pay in other cities, bonus, and equity are in the full range on Benchmarked.

How do I know if I am underpaid?

Pay below the 25th percentile for your level and market is below what most companies target. Check your salary against this range to see your percentile, then use that number in a conversation with your manager.

Where do these numbers come from?

They are modeled estimates built by compensation practitioners from publicly discussed pay and from how companies typically structure salary ranges by level and location. They are not survey results and not any company's actual ranges. Use them to get oriented before a pay conversation, not as an exact offer number.