How Much Can Freelance Product Managers Make?

As a freelance product manager, setting your rates by hour, day, or project can provide the experience needed to discover preferred industries and build a solid portfolio. However, it's recommended that you start with in-house work for at least a few companies before considering freelancing. This is because freelancing as a product manager may not be the first stage of your career.

To land contracts with companies as a freelance product manager, having a solid employment history with examples of your work and a network of contacts willing to refer you for opportunities is crucial. Product management is one of the many speciality skill-sets that can be freelanced in today's working world.

Experienced product managers can attract salaries ranging from $170,000 per year, depending on the industry and prior experience. Mid-career product managers can expect an average salary of around $137,000 per year. Starting salaries vary greatly depending on industry, transferable skills, and training quality.

Entry-level product manager positions in information and communication technology typically start at around $115,000, although this is a national average. Industries offering the highest average salaries for product managers include 'entry level product manager salary'.

In Australia, the demand for product managers is rising steadily, with national employment rates expected to increase by 10.3% in the next five years. The average annual salary for product manager jobs in Australia ranges from $120,000 to $140,000.

Overall, freelancing as a product manager requires experience, a solid portfolio, and a network of contacts. However, it can be a rewarding career path with high earning potential.

Entry level product manager salary