As of May 18, 2021, the average annual salary for Economic Development in the US is $78,610, equivalent to $38 per hour, $1,512 weekly, or $6,551 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Economic Development in cities like Santa Clara, San Jose, and Fremont.
Annually Salaries for Economic Development in the US vary widely, spanning from $63,685 to $88,033. Most professionals fall between the 25th percentile ($70,798) and 75th percentile ($83,542), while top earners (90th percentile) make $88,033 per year. This $12,744 pay gap underscores opportunities for salary growth through certifications, specialized skills like Analysis or Forecasting, or targeting high-paying regions like District of Columbia or California.
Location and experience significantly influence earnings. For example, District of Columbia Economic Development often earn 11.3% above national averages due to demand from Fortune 34 companies and industry startups. Professionals are advised to focus on high-growth sectors like to offset market challenges.
