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Technology2025/26

Product Manager Salary in the UK

Product managers define product strategy, prioritise features, and work with cross-functional teams to deliver products that meet customer needs and business goals.

Average Salary
£65,000
per year
Entry Level
£40,000
starting salary
Experienced
£65,000
mid-career
Senior Level
£90,000
top earners

Product Manager Take Home Pay

On the average Product Manager salary of £65,000, you would take home £48,257 per year (£4,021.45 per month) after tax and National Insurance.

Yearly
Gross: £65,000.00
£48,257.40
Income Tax:-£13,432.00
National Insurance:-£3,310.60
Monthly
Gross: £5,416.67
£4,021.45
Income Tax:-£1,119.33
National Insurance:-£275.88
Weekly
Gross: £1,250.00
£928.03
Income Tax:-£258.31
National Insurance:-£63.67

Effective tax rate: 25.8%|Marginal rate: 40%

Product Manager Salary by Location

Product Manager salaries vary significantly by region. London typically offers the highest salaries but also has a higher cost of living.

London
£80,000
+38% vs national
South East
£68,000
+17% vs national
National Average
£58,000
baseline

Product Manager Salary Growth (2020-2025)

See how Product Manager salaries have changed over the past 5 years, including inflation-adjusted real growth.

Product Manager Salary Trends (5 Years)
Historical salary data from 2020 to 2025

+32.8%

Total Growth

+£16,037

Salary Increase

+5.8%

Annual Growth Rate

+3.8%

Real Growth (Inflation Adj.)

Year-over-Year Changes

20202021
£48,963£51,166+4.5%
20212022
£51,166£55,362+8.2%
20222023
£55,362£58,960+6.5%
20232024
£58,960£62,380+5.8%
20242025
£62,380£65,000+4.2%

Key Skills Required

Product StrategyAgileData AnalysisUser ResearchStakeholder ManagementRoadmapping

Typical Qualifications

  • Business or technical degree
  • Product management certification
  • Strong communication skills

Product Manager Career Progression

Associate PM
Product Manager
Senior PM
Director of Product
VP of Product
CPO

What Does a Product Manager Do?

Defining product vision and strategy
Gathering and prioritising requirements
Working with engineering and design teams
Analysing market trends and competitors
Measuring product success metrics

Industries Hiring Product Managers

TechnologyFinanceE-commerceHealthcareMedia

Calculate Your Take Home Pay

Adjust the salary and see your personalised take-home pay calculation.

Your Income

Enter your salary details for 2025/26

£
£
£
0%

Salary sacrifice reduces taxable income

Take Home Pay

£48,257.40/year

74.2% of gross income

  • Gross Income£65,000.00
  • Taxable Income£52,430.00
  • Income Tax-£13,432.00
  • National Insurance-£3,310.60
  • Total Deductions-£16,742.60

25.8%

Effective Rate

40%

Marginal Rate

£65,000 Salary Insights

Compare your salary and understand your tax breakdown

£65,000 vs UK Wages

Top 10% of UK earners

+86%

vs UK Median

£30,000

Above Median

Where Your £65,000 Goes

Annual breakdown of your salary

Take Home74.2%
Income Tax20.7%
National Insurance5.1%

Tax Benefits on £65,000 from Pension

See how pension contributions reduce your tax bill

Increase your pension contribution to see potential tax savings. Pension contributions reduce your taxable income.

Product Manager Salary FAQ

What is the average Product Manager salary in the UK?

The average Product Manager salary in the UK is £65,000 per year. Salaries typically range from £40,000 for entry-level positions to £100,000 for senior roles.

How much does a Product Manager earn in London?

A Product Manager in London earns an average of £80,000 per year, which is 38% higher than the national average.

What is the take-home pay for a Product Manager?

On the average Product Manager salary of £65,000, you would take home approximately £48,257 per year (£4,021.45 per month) after income tax and National Insurance.