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Product Owner Salary in Springfield, MA

Product Owner salary data for Springfield, MA — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

Product Owner Salary in Springfield, MA — 2026

The median Product Owner salary in Springfield, MA is $122,500 per year ($10,208/month, $59/hr). This reflects the local cost of living index of 98, which is 2% below the national average.

Entry Level
$77K
$37/hr
Median
$123K
$59/hr
Senior
$162K
$78/hr
Top Earner
$191K
$92/hr

Product Owner Take-Home Pay in Springfield

Tax Breakdown (Median Salary)

Gross Annual$122,500
Federal Tax-$18,647
State Tax (5.0%)-$6,125
FICA (SS + Medicare)-$9,371
Annual Take-Home$88,357
Monthly Take-Home$7,363

Living Cost Comparison

Median Rent$1,100/mo
Rent-to-Income Ratio10.8%
Median Home Price$210,000
Cost of Living Index98
City Median Salary$48,500
Product Owner vs City Median+$74,000

Product Owner Requirements

Education
Bachelor's Degree
Experience
3-6 years
Job Growth
15.0% (2024-2034)

Key Skills

Backlog ManagementAgileUser StoriesStakeholder CommunicationPrioritization

Springfield Job Market Overview

Springfield, Massachusetts has a population of 155,929 and an unemployment rate of 5.0%. The top industries are Healthcare, Education, Manufacturing. The local job growth rate is 0.8%, and the average commute time is 22 minutes.

Frequently Asked Questions

What is the average Product Owner salary in Springfield, MA?
The median Product Owner salary in Springfield, MA is $122,500 per year as of 2026. This is adjusted for the local cost of living index of 98. Entry-level Product Owners earn around $77,420, while senior-level professionals can earn $161,700 or more.
How much does a Product Owner take home in Springfield after taxes?
A Product Owner earning the median salary of $122,500 in Springfield, MA takes home approximately $88,357 per year ($7,363/month) after federal, state, and local taxes. The effective tax rate is 27.9%.
Is Springfield a good city for Product Owners?
Springfield, MA has a cost of living index of 98 (below national average). Product Owners here earn above the city median. The local unemployment rate is 5.0% and top industries include Healthcare, Education, Manufacturing.
What skills are needed for a Product Owner in Springfield?
Key skills for Product Owners include Backlog Management, Agile, User Stories, Stakeholder Communication, Prioritization. Typical education requirement is Bachelor's Degree. Valuable certifications include CSPO, PSPO, SAFe PO/PM.
How does Product Owner salary in Springfield compare to the national average?
The national median Product Owner salary is $125,000. In Springfield, the adjusted salary is $122,500, which is 2.0% lower than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Product Owner salary in Springfield, MA?

The median Product Owner salary in Springfield, MA is $122,500 per year as of 2026. This is adjusted for the local cost of living index of 98. Entry-level Product Owners earn around $77,420, while senior-level professionals can earn $161,700 or more.

How much does a Product Owner take home in Springfield after taxes?

A Product Owner earning the median salary of $122,500 in Springfield, MA takes home approximately $88,357 per year ($7,363/month) after federal, state, and local taxes. The effective tax rate is 27.9%.

Is Springfield a good city for Product Owners?

Springfield, MA has a cost of living index of 98 (below national average). Product Owners here earn above the city median. The local unemployment rate is 5.0% and top industries include Healthcare, Education, Manufacturing.

What skills are needed for a Product Owner in Springfield?

Key skills for Product Owners include Backlog Management, Agile, User Stories, Stakeholder Communication, Prioritization. Typical education requirement is Bachelor's Degree. Valuable certifications include CSPO, PSPO, SAFe PO/PM.

How does Product Owner salary in Springfield compare to the national average?

The national median Product Owner salary is $125,000. In Springfield, the adjusted salary is $122,500, which is 2.0% lower than the national average, reflecting the local cost of living.