State Farm Insurance Product Owner Salaries in Austin | Comparably
State Farm Insurance Claimed Company
At State Farm®, our mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. We are passionate and driven to create possibilities, and we’re serious about being here to help life go right™ for customers by providing solutions for all of life’s moments. read more
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State Farm Insurance Product Owner Salaries in Austin

The average State Farm Insurance Product Owner in Austin earns $118,500 annually, which includes a base salary of $102,000 with a $16,500 bonus. This total compensation is $3,487 more than the US average for a Product Owner.

In Austin, The Product Department at State Farm Insurance earns $11,017 more on average than the Engineering Department.

Last updated 8 days ago.

$28k
$53k
$82k
$110k
$251k
$506k
$525k
$118,500
Average Compensation
$102,000
avg. base
$16,500
avg. bonus

Product Owner Salaries at State Farm Insurance

In Austin, Product Owners earn $18,773 more than Jr Product Managers, and $36,248 less than Senior Product Managers.

Group Product Manager
$222k*
Director of Product
$183k*
Senior Product Manager
$155k*
Jr Product Manager
$100k*
* estimated salary

Compensation at State Farm Insurance by Department

In Austin, The Product Department averages $11,017 more than the Engineering Department, and $31,070 less than the Enterprise Risk Department

Enterprise Risk
$184,051 Avg. total comp.
+$31k
Product
$152,981 Avg. total comp.
Engineering
$141,964 Avg. total comp.
-$11k

Product Owner Compensation by Gender (All Companies)

The average female Product Owner at companies similar size to State Farm Insurance reported making $131,454, while the average male Product Owner at similar sized companies reported making $138,171.

Product Owner Compensation by Ethnicity (All Companies)

The average Choose not to identify Product Owner at companies similar size to State Farm Insurance reported making $205,000, while the average African American/Black Product Owner at similar sized companies reported making $108,963.

How Product Owners at State Farm Insurance Rate Their Compensation

The majority of Product Owners at State Farm Insurance believe they're compensated fairly. 70% of Product Owners at State Farm Insurance say they receive annual bonuses, and the majority (60%) are satisfied with their benefits. See more compensation ratings at State Farm Insurance

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