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Product Manager Salary in Elyria, OH

How much does a product manager make in Elyria? Explore median, entry-level, and senior salaries adjusted for Elyria's cost of living.

Median Salary
$92,365
per year in Elyria
Entry Level
$61,336
Starting salary
Senior Level
$122,672
Experienced professionals
Cost of Living
82
18% below national avg

Salary Breakdown by Experience Level

See how product manager salaries break down across different pay periods in Elyria.

PeriodEntry LevelMedianSenior
Annual$61,336$92,365$122,672
Monthly$5,111$7,697$10,223
Biweekly$2,359$3,553$4,718
Weekly$1,180$1,776$2,359
Hourly$29$44$59

Elyria vs National Average

How Elyria's product manager salaries compare to national figures.

Elyria Salary
$92,365
COL Index: 82
National Average
$128,000
COL Index: 100
Difference
-$35,635
Lower in Elyria

Cost of Living in Elyria

1-Bedroom Rent
$700
per month
Median Income
$42,234
per year
Population
54,533
residents
Rent % of Income
19.9%
median household
Cost of Living Index: 82 — A score of 100 represents the U.S. average. Salaries in Elyria have been adjusted to account for local cost differences.

About Product Manager

Overview

Lead product development and strategy for software or technology products.

Education

Bachelor's degree; MBA preferred

Key Skills

Product StrategyAnalyticsLeadershipMarket Research

Growth Rate

Expected job growth: +26% over the next decade

Compare Cities: Product Manager Salary

See Product Manager salaries in other top cities.

New York, NY
$299,200
+224%
Los Angeles, CA
$271,974
+194%
Chicago, IL
$150,528
+63%
Houston, TX
$120,384
+30%
Phoenix, AZ
$127,680
+38%

Financial Tools to Explore

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Product Manager Salary in Elyria, OH — Complete Guide

Median Salary Overview

The median salary for a product manager in Elyria, OH is $92,365 per year, adjusted for the local cost of living index of 82. This figure reflects typical earnings for experienced professionals in this role, considering Elyria's unique economic conditions.

Salary Range and Experience Levels

Entry-level product manager professionals in Elyria can expect to earn around $61,336 annually. As professionals gain experience, salaries typically increase, with senior-level product managers earning approximately $122,672 per year. This represents a 100% increase from entry to senior level.

Cost of Living Adjustment

Elyria's cost of living index of 82 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Elyria are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $128,000, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a product manager's salary in Elyria typically goes toward housing. With a 1-bedroom apartment averaging $700 per month, housing represents about 9.1% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Product Managers are in growing demand across the United States, with an expected job growth of 26% over the next decade. In Elyria, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.