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salary information

Salary Information for a VP Product in Washington, DC

Median salary:

This data reflects Total Cash for a Level 2 VP Product at a mid-size company. To get more detailed information on total compensation for the role of VP Product in Washington, DC, 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 VP Product in Washington, DC?

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

80.2

Total Comp (TC)

Cost of Living (COL) Index
80.2
COL-Adjusted TC

Median Home Price

What are the responsibilities of a VP Product in Washington, DC?

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 2 VP Product?

A level 2 VP Product in Washington, DC is responsible for a function or major job area. These functional roles are generally more complex than those that L1 Executives fill. These roles typically report to SVPs or C-Suite.

VP Product

Benchmark Role

Executive

Job Type

Product Management

Job Family

Technology

Job Area

Quality of Life in Washington, DC

With an annual income of $343,350, an individual residing in Washington, DC can generally expect a comfortable quality of life compared to the broader United States. This figure significantly exceeds the median household income in both DC and the US, offering substantial financial flexibility. Below is an assessment of different aspects contributing to the quality of life in Washington, DC.

Cost of Living

  • Overall Assessment: The cost of living in Washington, DC is notably higher than the national average. Essentials such as groceries, transportation, and utilities reflect this premium.
  • Expense Breakdown:
    • Housing: Dominates the budget, with costs significantly above national norms.
    • Transportation: Public transportation is robust but can also reflect higher costs compared to other cities.
    • Groceries & Dining: More expensive due to demand and the urban setting, offering a wide range of high-end options.

Housing Market

  • Average Home Prices: Home prices in Washington, DC are substantially higher than the national average, driven by demand in a city center with limited space for new development.
  • Options Available: This income level allows for considerable choice, from luxury apartments to spacious single-family homes in desirable neighborhoods.
  • Market Trends: Real estate in Washington, DC is competitive, with property values appreciating over the years, which poses both an opportunity for investment and a challenge for purchasing.

Quality of Life

  • Cultural and Recreational Amenities: Includes rich historical sites, national museums, and diverse dining and entertainment options.
  • Safety: As with many large urban environments, some areas may have higher crime rates, but overall, neighborhoods are well-served by public safety initiatives.
  • Community and Environment: A strong sense of community in many districts, with city initiatives supporting outdoor spaces and cultural festivals.

Access to Healthcare

  • Healthcare Services: Washington, DC boasts an extensive array of healthcare facilities, including some of the nation’s top hospitals and specialists.
  • Quality & Availability: High-quality medical care is readily available, with advanced research institutions practicing cutting-edge medicine.
  • Cost: Healthcare premiums and out-of-pocket costs can be higher than in other regions, reflective of urban pricing.

Quality of K-12 Schools

  • Public Schools: DC public and charter schools offer varied quality; the public system contains some highly ranked schools, often tied to

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OpenComp aggregates multiple data sources to provide accurate salary data for Washington, DC, specifically for a Level 2 VP 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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