▼26%
$100,450
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$74k
MEDIAN
$100k
90%
$123k
The average salary for a Product Owner is $100,450 in 2025
Base Salary
$74k - $123k
Bonus
$1k - $13k
Total Pay
$75k - $131k
Is Average Early-Career Product Owner Salary in Chicago, Illinois your job title? Find out what you should be paid
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What is the Pay by Experience Level for Product Owners?
What Do Product Owners Do?
Find your market worth – how it works:
Common Health Benefits for a Product Owner
Medical
100%
Dental
90%
Vision
85%
Gender Breakdown for Product Owners
Female
53.3%
Male
43.3%
Prefer to self-define
3.3%
This data is based on 30 survey responses. Learn more about the gender pay gap.
FAQs About Product Owners
What is the highest pay for Product Owners in Chicago?
Our data indicates that the highest pay for a Product Owner in Chicago is $123k / year
What is the lowest pay for Product Owners in Chicago?
Our data indicates that the lowest pay for a Product Owner in Chicago is $74k / year
How can Product Owners increase their salary?
Increasing your pay as a Product Owner is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Product Owner that oversees more junior Product Owners, this experience can increase the likelihood to earn more.