Economic Development Specialist Salary

The average Economic Development Specialist in the United States earns approximately $48K per year. Most Economic Development Specialists like their work and job satisfaction is high. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$32,044 - $68,376
$32K
$47K
$68K
MEDIAN: $46,810
10%
50%
90%

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$16.77 - $28.18
$17
$19
$28
MEDIAN: $19.47
10%
50%
90%

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$0$68K
Salary $32,044 - $68,376
Bonus $0.00 - $4,055
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).
)
$32,797 - $67,624
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 82
Hourly Data $0$28
Hourly Rate $16.77 - $28.18
Overtime $21.49
Annual Data $0$67K
Bonus $0.00 - $4,055
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).
)
$32,797 - $67,624
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 13

Job Description for Economic Development Specialist

  • Help individuals and companies achieve financial stability, business and economic growth, and other related economic opportunity goals.
  • Reach out to potential clients and track and report on their outcomes.
  • Develop strong knowledge of different resources that will help clients, such as various educational agencies; employment, health, and counseling services; and rules and regulations for community development projects.

Economic Development Specialist Job Listings

Pay by Experience Level for Economic Development Specialist

Pay by Experience for an Economic Development Specialist has a positive trend. An entry-level Economic Development Specialist with less than 5 years of experience can expect to earn an average total compensation of $45,000 based on 70 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Economic Development Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $47,000 based on 18 salaries. An experienced Economic Development Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $42,000 based on 11 salaries. An Economic Development Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $85,000 based on 7 salaries.

Related Job Salaries

Key Stats for Economic Development Specialist

Gender

Female
55 %
Male
45 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.
Less than 1 year
7%
1-4 years
60%
5-9 years
20%
10-19 years
8%
20 years or more
4%

Experience Affects Economic Development Specialist Salaries

Late-Career
▲83%

Mid-Career
▲2%

National Average
$46,000

▼2%

Experienced
▼10%

Skills That Affect Economic Development Specialist Salaries

Government Grants
▲15%


Project Management
▲1%

National Average
$46,000

Grant Writing
▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

Less than 1 year
7%
1-4 years
60%
5-9 years
20%
10-19 years
8%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 69%
vision benefits
Vision: 56%
no benefits
None: 6%