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Product Manager Salary in Radford, VA

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

Median Salary
$113,357
per year in Radford
Entry Level
$75,276
Starting salary
Senior Level
$150,552
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 Radford.

PeriodEntry LevelMedianSenior
Annual$75,276$113,357$150,552
Monthly$6,273$9,446$12,546
Biweekly$2,895$4,360$5,790
Weekly$1,448$2,180$2,895
Hourly$36$54$72

Radford vs National Average

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

Radford Salary
$113,357
COL Index: 82
National Average
$128,000
COL Index: 100
Difference
-$14,643
Lower in Radford

Cost of Living in Radford

1-Bedroom Rent
$720
per month
Median Income
$32,821
per year
Population
18,290
residents
Rent % of Income
26.3%
median household
Cost of Living Index: 82 — A score of 100 represents the U.S. average. Salaries in Radford 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
+164%
Los Angeles, CA
$271,974
+140%
Chicago, IL
$150,528
+33%
Houston, TX
$120,384
+6%
Phoenix, AZ
$127,680
+13%

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Product Manager Salary in Radford, VA — Complete Guide

Median Salary Overview

The median salary for a product manager in Radford, VA is $113,357 per year, adjusted for the local cost of living index of 82. This figure reflects typical earnings for experienced professionals in this role, considering Radford's unique economic conditions.

Salary Range and Experience Levels

Entry-level product manager professionals in Radford can expect to earn around $75,276 annually. As professionals gain experience, salaries typically increase, with senior-level product managers earning approximately $150,552 per year. This represents a 100% increase from entry to senior level.

Cost of Living Adjustment

Radford's cost of living index of 82 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Radford 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 Radford typically goes toward housing. With a 1-bedroom apartment averaging $720 per month, housing represents about 7.6% 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 Radford, 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.