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Product Manager Salary in Peoria, Illinois

Updated 2026-04-05BLS 2024 data — be the first to add a local report

Salary Distribution

BLS 2024
$138,730/ year

Median Product Manager in Peoria, IL

$78,720
10th
$96,000
25th
$138,730
Median
$195,000
75th
$237,900
90th

Compensation Breakdown

BLS 2024
Base salary (median)
$138,730
Total compensation (est.)
$159,540
Bonus range
$4,800 – $23,400
Mean salary
$147,054

How This Compares

ℹ

Local BLS metro data isn't available for Peoria yet — showing the national median as a reference. Add local data →

Peoria, IL median
$138,730
Illinois median
$141,505-2.0%
National median
$138,730

Cost of living in Peoria is 0% below the national average. Salary of $138,730 here is equivalent to $138,730 nationally.

Salary by Experience

0-2 years
$99,886-28.0%
3-5 years
$126,244-9.0%
6-10 years
$155,378+12.0%
10+ years
$191,447+38.0%

Salary by Company Size

Startup (< 100 employees)
$122,082-12.0%
Mid-size (100–5,000)
$138,730
Enterprise (5,000+)
$163,701+18.0%

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Product Manager Salaries in Nearby Cities

Chicago, IL$167,863/yr
Aurora, IL$138,730/yr
Joliet, IL$138,730/yr
Naperville, IL$138,730/yr
Rockford, IL$138,730/yr

Related Jobs in Peoria

Software Engineer$130,160/yr
Senior Software Engineer$130,160/yr
Frontend Developer$124,890/yr
Backend Developer$130,160/yr
Full Stack Developer$130,160/yr

Quick Numbers

Hourly (40hr week)$67/hr
Monthly gross$11,561/mo
25th percentile$96,000/yr
75th percentile$195,000/yr

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Market Context

via FRED

Fed Funds Rate

Mar 2026

3.64%

Inflation (CPI)

year-over-year

2.4%+0.04

National Unemployment

Feb 2026

4.4%+0.10

Illinois Unemployment

Dec 2025

4.6%+0.20

Avg Hourly Earnings

all private workers

$37.32+$0.15

10yr Treasury

Apr 2026

4.33%

Source: St. Louis Fed (FRED). Updated daily.

Product Manager Salaries by City

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Frequently Asked Questions

What is the average Product Manager salary in Peoria?

The median Product Manager salary in Peoria is $138,730 per year, with a range from $96,000 at the 25th percentile to $195,000 at the 75th percentile. Total compensation including bonuses typically runs higher — see the breakdown above for the full picture.

How does Product Manager pay in Peoria compare to the national average?

Product Manager salaries in Peoria are 0% above the national median of $138,730. After adjusting for Peoria's cost of living, the purchasing power of that salary is equivalent to roughly $138,730 nationally — which is the number that actually matters when comparing offers across cities.

What factors affect Product Manager salaries in Peoria?

In Peoria, the biggest drivers are years of experience, company size, and industry vertical. Entry-level Product Manager roles start around $78,720, while senior and staff-level positions at larger employers can reach $237,900 or above. Specialized skills and in-demand tools can also meaningfully shift where you land in the range.

Is Peoria a good place for Product Manager jobs?

Peoria offers a Product Manager median of $138,730, which is 0% above the US median of $138,730. Whether that makes it a good market depends on your personal cost-of-living equation — Peoria is 0% cheaper than the national average, so factor that into your math.

How do I negotiate a higher Product Manager salary?

Start with the data on this page: the 75th percentile for Product Manager in Peoria is $195,000, which is a defensible anchor for a negotiation. Come in with a specific number backed by real market data — not a range — and reference your experience tier. If you're above the median, ask for the 75th percentile. If you're already at the 75th, push for total comp improvements like equity or bonus instead.