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Product Manager Salary in Roanoke, VA

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

Median Salary
$121,651
per year in Roanoke
Entry Level
$80,784
Starting salary
Senior Level
$161,568
Experienced professionals
Cost of Living
88
12% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$80,784$121,651$161,568
Monthly$6,732$10,138$13,464
Biweekly$3,107$4,679$6,214
Weekly$1,554$2,339$3,107
Hourly$39$58$78

Roanoke vs National Average

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

Roanoke Salary
$121,651
COL Index: 88
National Average
$128,000
COL Index: 100
Difference
-$6,349
Lower in Roanoke

Cost of Living in Roanoke

1-Bedroom Rent
$950
per month
Median Income
$40,580
per year
Population
100,011
residents
Rent % of Income
28.1%
median household
Cost of Living Index: 88 — A score of 100 represents the U.S. average. Salaries in Roanoke 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
+146%
Los Angeles, CA
$271,974
+124%
Chicago, IL
$150,528
+24%
Houston, TX
$120,384
-1%
Phoenix, AZ
$127,680
+5%

Financial Tools to Explore

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Product Manager Salary in Roanoke, VA — Complete Guide

Median Salary Overview

The median salary for a product manager in Roanoke, VA is $121,651 per year, adjusted for the local cost of living index of 88. This figure reflects typical earnings for experienced professionals in this role, considering Roanoke's unique economic conditions.

Salary Range and Experience Levels

Entry-level product manager professionals in Roanoke can expect to earn around $80,784 annually. As professionals gain experience, salaries typically increase, with senior-level product managers earning approximately $161,568 per year. This represents a 100% increase from entry to senior level.

Cost of Living Adjustment

Roanoke's cost of living index of 88 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Roanoke 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 Roanoke typically goes toward housing. With a 1-bedroom apartment averaging $950 per month, housing represents about 9.4% 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 Roanoke, 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.