Product Owners working in New-Jersey earn normally around $137,500 per year and most of the Product Owner salaries are between $105,000 and $176,800 per year.
If you earn less than $105,000 then it might be the time to speak with your boss to get a raise or to look for a new Product Owner job in New-Jersey.
If you want to check the stats for a different technology or city, select it below (not all options have enough data yet):
| Market Percentile | salary |
|---|---|
| top 10% of market | $176,800 |
| top 25% of market | $167,000 |
| average salary | $139,900 |
| median salary | $137,500 |
| bottom 25% of market | $115,000 |
| bottom 10% of market | $105,000 |
The average salary for Product Owners in New-Jersey is $139,900 per year, while the median salary is $137,500 per year - where does the difference between average and median come from?
The average salary is calculated as the sum of all salaries divided by the number of them. The median salary is the one that the typical Product Owner earns, which means, exactly 50% earn more than $137,500 and 50% earn less than this.
The difference occurs because often there are a few very high outlier salaries, which drag the average salary value up. Therefore, if you compare your salary to the market, it is better to look at the median value.
The top 25% best earning Product Owners earn more than $167,000 per year and the top 10% reach over $176,800, which is quite a nice compensation and something to strive for.
At the same time, 25% of the lowest earning Product Owners earn less than $115,000 per year and 10% earn less than $105,000.
You have to be aware that the salaries for Product Owners can vary a lot in different states. This page shows the salaries in New-Jersey, but you can select a different state below:
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