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Product Manager Salary in Parma, OH

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

Median Salary
$96,870
per year in Parma
Entry Level
$64,328
Starting salary
Senior Level
$128,656
Experienced professionals
Cost of Living
86
14% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$64,328$96,870$128,656
Monthly$5,361$8,073$10,721
Biweekly$2,474$3,726$4,948
Weekly$1,237$1,863$2,474
Hourly$31$47$62

Parma vs National Average

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

Parma Salary
$96,870
COL Index: 86
National Average
$128,000
COL Index: 100
Difference
-$31,130
Lower in Parma

Cost of Living in Parma

1-Bedroom Rent
$900
per month
Median Income
$52,340
per year
Population
81,601
residents
Rent % of Income
20.6%
median household
Cost of Living Index: 86 — A score of 100 represents the U.S. average. Salaries in Parma 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
+209%
Los Angeles, CA
$271,974
+181%
Chicago, IL
$150,528
+55%
Houston, TX
$120,384
+24%
Phoenix, AZ
$127,680
+32%

Financial Tools to Explore

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Product Manager Salary in Parma, OH — Complete Guide

Median Salary Overview

The median salary for a product manager in Parma, OH is $96,870 per year, adjusted for the local cost of living index of 86. This figure reflects typical earnings for experienced professionals in this role, considering Parma's unique economic conditions.

Salary Range and Experience Levels

Entry-level product manager professionals in Parma can expect to earn around $64,328 annually. As professionals gain experience, salaries typically increase, with senior-level product managers earning approximately $128,656 per year. This represents a 100% increase from entry to senior level.

Cost of Living Adjustment

Parma's cost of living index of 86 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Parma 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 Parma typically goes toward housing. With a 1-bedroom apartment averaging $900 per month, housing represents about 11.1% 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 Parma, 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.