TechnologyOfficial Payroll Survey · 99/1000–2 years

Entry Level Product Manager Salary in Chicago

2026 · Recent graduates and professionals with under 2 years of experience.

$118,923/yr

Typical range: $113,099 $139,070

P10–P25 · BLS OEWS employer payroll data

Product Manager Salary Progression in Chicago

From entry-level through staff — based on BLS OEWS percentile data

Experience LevelYearsPercentileAnnual SalaryMonthlyvs Entry
EntryThis page0 yrs0 yrs$118,923$9,910
Junior2 yrs2 yrs$146,905$12,242+24%
Mid-Level4 yrs4 yrs$165,560$13,797+39%
Senior6 yrs6 yrs$191,676$15,973+61%
Staff10 yrs10 yrs$258,833$21,569+118%
Principal14 yrs14 yrs$324,590$27,049+173%
Distinguished18 yrs18 yrs$341,030$28,419+187%
Current Salary
$118,923
Entry Level · 0–2 years
Hourly: $57/hr
Next Level Target
$146,905
Junior · 2
+$28Kpotential uplift
Career Opportunity
54/100
Moderate
+20% demand · Low AI risk

Frequently Asked Questions

What is the entry level Product Manager salary in Chicago, IL?

Entry Level Product Managers in Chicago, IL earn approximately $119K per year (2026). This corresponds to the P10–P25 range of BLS OEWS employer payroll data.

How much does a entry level Product Manager make per hour in Chicago, IL?

Based on $119K annually, the hourly rate is approximately $57/hr (2,080-hour work year).

How do I get from entry level to senior Product Manager in Chicago, IL?

The typical progression takes 4–6 years with consistent skill development, project leadership, and strategic job moves. A senior Product Manager in Chicago, IL earns $220K–$270K/yr.