▼23%
$138,452
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$86k
MEDIAN
$138k
90%
$186k
The average salary for a Director, Product Development is $138,452 in 2025
Base Salary
$86k - $186k
Bonus
$30k - $42k
Total Pay
$86k - $228k
Is Average Director, Product Development with People Management Skills Salary in Chicago, Illinois your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Director, Product Developments?
What Do Director, Product Developments Do?
Director, Product Development Tasks
- Review new product ideas, present them to management, and work with other departments to determine feasibility.
- Determine the cost of production.
- Conduct market research to determine consumer needs and identify competitors.
- Ensure products are produced according to design, quality, and price specifications.
- Supervise product development process, coordinating department objectives and schedules.
Find your market worth – how it works:
Common Health Benefits for a Director, Product Development
Medical
80%
Dental
80%
Vision
80%
None
20%
Gender Breakdown for Director, Product Developments
Female
50.0%
Male
50.0%
This data is based on 4 survey responses. Learn more about the gender pay gap.
FAQs About Director, Product Developments
What is the highest pay for Director, Product Developments in Chicago?
Our data indicates that the highest pay for a Director, Product Development in Chicago is $186k / year
What is the lowest pay for Director, Product Developments in Chicago?
Our data indicates that the lowest pay for a Director, Product Development in Chicago is $86k / year
How can Director, Product Developments increase their salary?
Increasing your pay as a Director, Product Development is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Director, Product Development that oversees more junior Director, Product Developments, this experience can increase the likelihood to earn more.