As of May 18, 2021, the average salary for an Economic Development Associate in the United States is $78,172 per year, which breaks down to an hourly rate of $38.
However, an Economic Development Associate's salary can vary significantly. Here’s a look at the typical salary range:
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Economic Development Associate Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $86,031 | $7,169 | $1,654 | $41 |
| Average | $78,172 | $6,514 | $1,503 | $38 |
| 25th Percentile | $72,556 | $6,046 | $1,395 | $35 |
Procter & Gamble - Mason, OH
Mainfreight Americas - Gahanna, OH
SOPREMA USA - Wadsworth, OH
Dynamic Catholic - Cincinnati, OH
An Economic Development Associate's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of an Economic Development Associate's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Economic Development Associate | $76,192 |
| Intermediate Level Economic Development Associate | $76,530 |
| Senior Level Economic Development Associate | $77,657 |
| Specialist Level Economic Development Associate | $79,008 |
| Expert Level Economic Development Associate | $80,804 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Economic Development Associates. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Understanding how an Economic Development Associate's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $86,031 | $7,169 | $1,654 | $41 |
| Average | $78,172 | $6,514 | $1,503 | $38 |
| 25th Percentile | $72,556 | $6,046 | $1,395 | $35 |
Salaries for an Economic Development Associate can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $96,688 in 2023 to around $95,839 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Economic Development Associate salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $96,688 |
| 2024 | $96,450 |
| 2025 | $95,839 |
| 2026 |
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|
| 2027 |
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|
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Compensation PlanningHere are companies hiring for Economic Development Associate and their salaries, click below for more details.
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