Average Vice President (VP) of Product Development with Product Development Skills Salary in Minneapolis, Minnesota

$159,844
Avg. Base Salary (USD)
10%
$100k
MEDIAN
$160k
90%
$261k

The average salary for a Vice President (VP) of Product Development is $159,844 in 2025

Base Salary
$100k - $261k
Bonus
$3k - $61k
Profit Sharing
$0 - $22k
Total Pay
$122k - $340k
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FAQs About Vice President (VP) of Product Developments

What is the highest pay for Vice President (VP) of Product Developments in Minneapolis?

Our data indicates that the highest pay for a Vice President (VP) of Product Development in Minneapolis is $261k / year

What is the lowest pay for Vice President (VP) of Product Developments in Minneapolis?

Our data indicates that the lowest pay for a Vice President (VP) of Product Development in Minneapolis is $100k / year

How can Vice President (VP) of Product Developments increase their salary?

Increasing your pay as a Vice President (VP) of Product Development 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 Vice President (VP) of Product Development that oversees more junior Vice President (VP) of Product Developments, this experience can increase the likelihood to earn more.