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How much do department of economic development jobs pay per year?

As of Jun 20, 2026, the average yearly pay for department of economic development in the United States is $103,020.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,500.00 and $124,500.00 per year, depending on experience, location, and employer.

What is the Department of Economic Development and what does it do?

The Department of Economic Development is a government agency responsible for promoting economic growth and development within a specific region, state, or country. Its main functions typically include attracting new businesses, supporting existing businesses, creating jobs, and fostering a favorable environment for investment. The department may also oversee programs related to workforce development, small business support, and international trade. By working with public and private partners, it helps drive sustainable economic progress and community prosperity.

What are the key skills and qualifications needed to thrive as a Department of Economic Development professional, and why are they important?

To thrive in a Department of Economic Development role, you need a solid background in economics, public policy, or business administration, often supported by a relevant degree. Familiarity with data analysis tools, economic modeling software, and government reporting systems is typically required. Strong communication, stakeholder management, and strategic planning skills help professionals stand out in this field. These abilities are crucial for developing and implementing policies that foster economic growth and effectively collaborate with public and private sector partners.

What is the difference between Department Of Economic Development vs Economic Development Specialist?

AspectDepartment Of Economic DevelopmentEconomic Development Specialist
Primary RoleOversees regional economic growth initiatives, policy development, and government programsImplements economic development projects, conducts research, and supports community development efforts
CredentialsTypically requires a degree in economics, public policy, or related fields; experience in government or policy rolesRequires a degree in economics, urban planning, or related areas; often includes certifications in project management or economic analysis
Work EnvironmentGovernment offices, regional agencies, policy settingsConsulting firms, government agencies, community organizations

The Department Of Economic Development focuses on policy-making and regional oversight, while an Economic Development Specialist executes projects and supports community initiatives. Both roles require similar educational backgrounds and often collaborate to promote economic growth.

What are some common challenges faced by professionals working in a Department of Economic Development, and how are they addressed?

Professionals in a Department of Economic Development often encounter challenges such as balancing the needs of diverse stakeholders, adapting to shifting economic trends, and managing multiple projects with tight deadlines. Addressing these challenges typically involves strong communication and negotiation skills, staying updated on economic policies, and collaborating closely with other government agencies, local businesses, and community organizations. Many departments also support ongoing professional development and offer cross-functional teams to foster problem-solving and innovation.
More about Department Of Economic Development jobs
What cities are hiring for Department Of Economic Development jobs? Cities with the most Department Of Economic Development job openings:
What states have the most Department Of Economic Development jobs? States with the most job openings for Department Of Economic Development jobs include:
What job categories do people searching Department Of Economic Development jobs look for? The top searched job categories for Department Of Economic Development jobs are:
Department Of Economic Development jobs near you
Infographic showing various Department Of Economic Development job openings in the United States as of June 2026, with employment types broken down into 1% Locum Tenens, 4% As Needed, 12% Full Time, 81% Part Time, 1% Contract, and 1% Nights. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $103,020 per year, or $49.5 per hour.

Director of Economic Development

City of Medford

Medford, MA • On-site

$1.7K - $2.0K/wk

Full-time

Posted 4 days ago

Job description

POSITION: Director of Economic Development
DEPARTMENT: Planning, Development, and Sustainability 
HOURS OF WORK: Full-time (35 hours/week) Monday, Tuesday, Thursday 8:30am – 4:30pm; Wednesday 8:30 am - 7:30 pm; Friday 8:30 am - 12:30. Nights and Weekends as needed.
SALARY: Non - Union CAF 15 ($1,770.41 – 2,071.39/Week)
BASIC FUNCTION:
The Director of Economic Development is responsible for developing, managing, and executing strategic initiatives that promote economic growth, recovery, and resilience within Medford’s business community. This role involves designing and supporting economic development programs, fostering partnerships, and leading efforts to attract and retain businesses. The Director also plays a key role in marketing Medford as a prime location for business investment, with the overarching goal of expanding the city’s tax base and creating sustainable employment opportunities for residents.
This position operates under the general direction of the Mayor and the PDS Director to advance the city's economic development goals in alignment with the Mayor’s vision. The individual in this role will work closely with the Mayor, engaging in regular consultation to ensure clear communication, alignment on strategic priorities, and the effective execution of business and economic development initiatives under the Mayor’s leadership.
ESSENTIAL FUNCTIONS:
The essential functions or duties listed below are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position.
  • Functions as an advisor to the Mayor, the Director of Planning, Development, and Sustainability (PDS), as well as other City officials on economic development policies and plans.
  • Engages with business owners and real estate developers to understand their needs, long-term goals, and planned initiatives, identifying opportunities to align private sector interests with the City’s strategic priorities and vision.
  • Facilitates the predevelopment process for new commercial and residential projects; routinely meets with key stakeholders to support major economic activity and ensure City involvement adds value and direction to proposed developments.
  • Advocates for and implements policies and programs within municipal government to encourage long-term economic growth in the City; manages business retention and expansion efforts in the City’s various commercial districts; creates and manages support initiatives for the City’s small businesses.
  • Maintains a detailed portfolio of economic activity in the City, including new business activity, development, and employment statistics.
  • Supports relevant City boards and committees tasked with licensing, evaluating the success of economic development initiatives, etc.
  • Acts as a representative of the City for economic development matters when interacting with state, regional, and local agencies or organizations.
  • Oversees any and all planning initiatives as they relate to economic development.
  • Applies for grants and manages earmarks in line with the goals of the department.
  • Functions as liaison to the Chamber of Commerce and other economic development organizations and community groups.

EDUCATION & EXPERIENCE:
Minimum:
  • Bachelor’s degree in business, economics, urban planning, or related field with 3 years of related experience and 3 years of related experience in a supervisory capacity.

Beneficial:
  • Master’s degree in planning, economic development, business, or related fields would be beneficial.
  • American Institute of Certified Planners (AICP) or Certified Economic Developer (CED) credential.

KNOWLEDGE, SKILLS, ABILITIES: Please See Job Full Description
PHYSICAL & ENVIRONMENTAL WORKING CONDITIONS: Please See Job Full Description
ADDRESS ALL COVER LETTERS AND RESUMES TO:
Human Resources Department
City of Medford – Room 204
85 George P. Hassett Drive
Medford, MA 02155
Or send cover letter and resume with the job title in the subject line to jobs@medford-ma.gov
For the posting, please visit the City of Medford's website – www.medfordma.org
The City of Medford is an Equal Opportunity/Affirmative Action/504 Employer Residents of the City of Medford, Women, People of Color, Veterans and Persons with Disabilities are encouraged to apply.