The average salary for an Economic Development Director is $68,532.
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$41k - $114k
$483 - $10k
$1k - $8k
$40k - $115k
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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. Duties revolve around fostering the growth of the economy of …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.
Job Satisfaction for Economic Development Director
Economic Development Director Job Listings
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Popular Skills for Economic Development Director
Strategic Project Management
Skills in Business Development, Strategic Planning and Strategic Project Management are correlated to pay that is above average. Skills that pay less than market rate include Project Management and Grant Writing.
Pay by Experience Level for Economic Development Director
An entry-level Economic Development Director with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $45,639 based on 9 salaries. An early career Economic Development Director with 1-4 years of experience earns an average total compensation of $52,792 based on 74 salaries. A mid-career Economic Development Director with 5-9 years of experience earns an average total compensation of $68,301 based on 55 salaries. An experienced Economic Development Director with 10-19 years of experience earns an average total compensation of $82,019 based on 67 salaries. In their late career (20 years and higher), employees earn an average total compensation of $87,033.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Economic Development Director in their job title in Houston, Texas earn an average of 48.5% more than the national average. These job titles also find higher than average salaries in Hartford, Connecticut (24.9% more) and St. Louis, Missouri (16.7% more). The lowest salaries can be found in Ludington, Michigan (26.1% less).
Years of Experience
This data is based on 251 survey responses.
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