Economic Development Director Salary

For Economic Development Directors, yearly average wages total $70K annually. Job satisfaction for Economic Development Directors is high. Men working as Economic Development Directors who took the survey just slightly outnumber women at 56 percent. Most report receiving medical coverage from their employers and the larger part collect dental insurance.

$43,670 - $118,658
$44K
$70K
$120K
MEDIAN: $69,892
10%
50%
90%

Add this chart to your site: 640px    300px

$18.51 - $45.00
$31
MEDIAN: $30.95
50%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$43,670 - $118,658  
   
Bonus
$489.36 - $20,134  
Profit Sharing
$3,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,950 - $122,409  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 136
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$30.95  
   
Overtime
$27.76  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$489.36 - $20,134  
   
Profit Sharing
$3,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,950 - $122,409  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 7

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Economic Development Director

Economic development directors oversee fundamental tasks regarding the advancement of their company's economic development. Those in this position are expected to develop policies which facilitate the growth of their area of operation and develop working relationships with members of the community, including local businesses and the general public. Maintaining these personal relationships is often the key to success in this position.

Read More...

Economic Development Director Tasks

  • Hire, mentor, and evaluate a team, setting goals, and defining projects.
  • Collaborate with many stakeholders and create positive relationships.
  • Develop and implement policies to expand reach and scope of department.
  • Create, report on, and adjust department budget, including setting goals.

Economic Development Director Job Listings

Search for more jobs:

Pay by Experience Level for Economic Development Director

Pay by Experience for an Economic Development Director has a positive trend. An entry-level Economic Development Director with less than 5 years of experience can expect to earn an average total compensation of $54,000 based on 56 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Economic Development Director with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $69,000 based on 49 salaries. An experienced Economic Development Director which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $86,000 based on 55 salaries. An Economic Development Director with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $88,000 based on 23 salaries.

Related Job Salaries

Key Stats for Economic Development Director

Gender

Female
44 %
Male
56 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.
Less than 1 year
3%
1-4 years
29%
5-9 years
20%
10-19 years
32%
20 years or more
16%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Economic Development Director Salaries

Late-Career
▲25%

Experienced
▲22%

National Average
$71,000

Mid-Career
▼3%

▼24%

Skills That Affect Economic Development Director Salaries

New Business Development
▲76%

Project Management
▲8%

National Average
$71,000


Oral / Verbal Communication
▼34%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
3%
1-4 years
29%
5-9 years
20%
10-19 years
32%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 70%
vision benefits
Vision: 62%
no benefits
None: 11%
ADVERTISEMENT