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salary information

Salary Information for a SVP Product in Seattle, WA

Median salary:

This data reflects Total Cash for a Level 3 SVP Product at a mid-size company. To get more detailed information on total compensation for the role of SVP Product in Seattle, WA, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a SVP Product in Seattle, WA?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

80.6

Total Comp (TC)

Cost of Living (COL) Index
80.6
COL-Adjusted TC

Median Home Price

What are the responsibilities of a SVP Product in Seattle, WA?

Responsible for the strategy and implementation of the product. Leads the product team in creating, innovating and updating the product to be significantly different than products in the market. Reports to the CPO in a large company or is a member of the executive team in a small organization

What are the characteristics of a level 3 SVP Product?

A level 3 SVP Product in Seattle, WA is typically a Senior Vice President. They are responsible for a major function of the business and oversee complex functional areas. They often reports to C-Suite or CEO.

SVP Product

Benchmark Role

Executive

Job Type

Product Management

Job Family

Technology

Job Area

Quality of Life in Seattle, WA for an Income of $363,780

Living in Seattle with an income of $363,780 annually positions an individual well above the median income levels, both locally and nationally. Here's an assessment of the quality of life considering various significant factors.

Cost of Living

  • Higher Than National Average: Seattle has a cost of living that is notably higher than the national average, driven by housing, transportation, and food.
  • Discretionary Spending: An income of $363,780 allows for substantial discretionary spending after covering basic expenses.
  • Utilities and Groceries: These day-to-day expenses are slightly above the national average, yet manageable with a high income.

Housing Market

  • Premium Housing Prices: Seattle's housing market is one of the most expensive in the US with median home prices significantly above the national average.
  • Affordability: With this income, purchasing a home in desirable neighborhoods is feasible, though it requires a substantial investment.
  • Rental Market: Offers high-quality rental options in prime locations which remain pricey but affordable with this level of income.

Quality of Life

  • Outdoor Lifestyle: The city offers a rich array of outdoor activities, cultural events, and dining options.
  • Work-Life Balance: Strong emphasis on work-life balance supported by recreational opportunities and vibrant cultural scenes.
  • Climate: Mild climate year-round, although characterized by overcast skies and rain.

Access to Healthcare

  • High-Quality Healthcare: Seattle is home to excellent healthcare facilities with advanced medical services available.
  • Insurance and Care: With this salary, accessing premium healthcare plans and services is very achievable, ensuring great personal and family health care management.

Quality of K-12 Schools

  • Reputable School Districts: Seattle boasts several reputable public and private schools renowned for their academic performance and extracurricular programs.
  • Diversity and Innovation: Schools often emphasize diversity and innovative teaching practices.
  • Additional Education Services: The income allows for access to tutoring or private schooling if desired.

Summary

Living in Seattle on an income of $363,780 affords a high quality of life with access to premium housing, excellent healthcare, and educational opportunities. Despite the high cost of living and substantial housing prices, the income supports a comfortable and fulfilling lifestyle, enriched by the city's vibrant cultural and natural environment. With thoughtful financial management, enjoying the best that

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OpenComp aggregates multiple data sources to provide accurate salary data for Seattle, WA, specifically for a Level 3 SVP Product. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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