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Product Manager Salary in Marshalltown, IA

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

Median Salary
$81,869
per year in Marshalltown
Entry Level
$54,366
Starting salary
Senior Level
$108,732
Experienced professionals
Cost of Living
78
22% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$54,366$81,869$108,732
Monthly$4,531$6,822$9,061
Biweekly$2,091$3,149$4,182
Weekly$1,046$1,574$2,091
Hourly$26$39$52

Marshalltown vs National Average

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

Marshalltown Salary
$81,869
COL Index: 78
National Average
$128,000
COL Index: 100
Difference
-$46,131
Lower in Marshalltown

Cost of Living in Marshalltown

1-Bedroom Rent
$620
per month
Median Income
$40,821
per year
Population
27,520
residents
Rent % of Income
18.2%
median household
Cost of Living Index: 78 — A score of 100 represents the U.S. average. Salaries in Marshalltown 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
+265%
Los Angeles, CA
$271,974
+232%
Chicago, IL
$150,528
+84%
Houston, TX
$120,384
+47%
Phoenix, AZ
$127,680
+56%

Financial Tools to Explore

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Product Manager Salary in Marshalltown, IA — Complete Guide

Median Salary Overview

The median salary for a product manager in Marshalltown, IA is $81,869 per year, adjusted for the local cost of living index of 78. This figure reflects typical earnings for experienced professionals in this role, considering Marshalltown's unique economic conditions.

Salary Range and Experience Levels

Entry-level product manager professionals in Marshalltown can expect to earn around $54,366 annually. As professionals gain experience, salaries typically increase, with senior-level product managers earning approximately $108,732 per year. This represents a 100% increase from entry to senior level.

Cost of Living Adjustment

Marshalltown's cost of living index of 78 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Marshalltown 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 Marshalltown typically goes toward housing. With a 1-bedroom apartment averaging $620 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 Marshalltown, 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.