Product Manager Salary
Official ONS earnings for the UK, covering 291,000 jobs.
Median salary
£57,874
gross, per year, all employees
▲ 6% change on the previous year
Full-time only
£59,834
Part-time only
£25,118
Mean
£70,489
Jobs measured
291,000
What a typical product manager takes home
On the median of £57,874, 2026/27 tax year, England, Wales and Northern Ireland rates, no pension or student loan.
Take-home a month
£3,677
Take-home a year
£44,124
Income Tax
£10,582
National Insurance
£3,168
What most product managers actually earn
Half of product managers earn between £44,000 and £76,195. Earning above £76,195 puts you in the top quarter of the profession.
The full pay range
Each bar is the salary at that percentile — the 25th means a quarter of product managers earn less than this.
Product Manager salary by region
10 of 11 GB regions have a published figure for this occupation.
| Region | Median | Mean |
|---|---|---|
| London | £67,915 | — |
| Scotland | £58,985 | £59,719 |
| South East | £58,958 | £67,826 |
| North West | £57,368 | £61,649 |
| West Midlands | £57,264 | £58,033 |
| East | £55,820 | £60,822 |
| Wales | £53,924 | £57,835 |
| South West | £53,765 | £56,926 |
| Yorkshire and The Humber | £52,022 | £52,632 |
| East Midlands | £50,926 | £53,955 |
Where this figure comes from
- ONS occupation group
- Business and financial project management professionals
- SOC 2020 code
- 2440
- Measure
- Gross annual pay, all employees
- Edition
- ONS Annual Survey of Hours and Earnings, 2025 provisional
ONS doesn't measure “product manager” as its own category. These figures are for the wider group “Business and financial project management professionals”, which includes this role alongside others. ONS measures business and financial project management professionals.
Source: Office for National Statistics, Annual Survey of Hours and Earnings. Contains public sector information licensed under the Open Government Licence v3.0. Figures are estimates from a survey of PAYE jobs and are not financial advice.
Product Manager salary FAQs
What is the average Product Manager salary in the UK?
The median is £57,874 a year and the mean is £70,489, according to the ONS Annual Survey of Hours and Earnings. Those cover all employees; full-time employees alone have a median of £59,834 and part-time employees £25,118.
How much does a product manager earn per hour?
Across the UK the median hourly rate is £29.56 excluding overtime, or £30.16 for full-time employees. ASHE publishes hourly pay by occupation nationally only.
What is a good Product Manager salary?
Half of product managers earn between £44,000 and £76,195. Anything above £76,195 is in the top quarter for the role.
What is the starting salary for a product manager?
ASHE does not record experience, so there is no official starting salary. What it does show is that the lowest-paid 10% of product managers earn under £30,952 and the lowest quarter under £44,000 — the range a new entrant is most likely to be offered.
How much do the highest-paid product managers earn?
The top 10% of product managers earn more than £97,045 a year, and the top quarter more than £76,195. ASHE does not publish figures above the 90th percentile.
Which part of the UK pays product managers the most?
London, at a median of £67,915, is the highest of the 6 GB regions with a precise ONS estimate; Yorkshire and The Humber is the lowest at £52,022. Regions where ONS marks the figure as imprecise are not ranked.
Has product manager pay gone up in the last year?
ASHE puts the year-on-year change in the median at +6.0% for this occupation in the UK. That compares the latest survey with the one before it and is not adjusted for inflation.
How many product managers are there in the UK?
ASHE counts around 291,000 employee jobs in “Business and financial project management professionals” (SOC 2440) in the UK. Self-employed work is not included.
Is this figure official?
Yes. It comes from the ONS Annual Survey of Hours and Earnings, an accredited official statistic based on employer PAYE records.
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