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Development Economist Jobs in Minnesota (NOW HIRING)

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Development Economist information

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$45.1K

$80.4K

$120K

How much do development economist jobs pay per year?

As of Aug 2, 2026, the average yearly pay for development economist in Minnesota is $80,375.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,600.00 and $96,500.00 per year, depending on experience, location, and employer.

What is the difference between Development Economist vs Economic Analyst?

AspectDevelopment EconomistEconomic Analyst
Required CredentialsMaster's degree in Economics or related fieldBachelor's or Master's degree in Economics or related field
Work EnvironmentResearch institutions, government agencies, NGOsFinancial firms, government departments, consulting firms
Employer & Industry UsageFocus on economic development, policy analysis in developing countriesFocus on market trends, financial data, economic forecasting

While both roles require strong economics backgrounds, Development Economists primarily focus on economic development and policy in developing regions, often working with governments and NGOs. Economic Analysts tend to analyze market data and financial trends, working mainly in finance and consulting sectors. The roles overlap in their use of economic theories and data analysis but differ in their focus and work environment.

What are the key skills and qualifications needed to thrive as a Development Economist, and why are they important?

To thrive as a Development Economist, you need advanced training in economics, strong quantitative and analytical skills, and typically a master's or PhD in economics or a related field. Proficiency with statistical software such as Stata, R, or Python, and familiarity with economic modeling and data analysis tools, are crucial. Strong communication, cultural sensitivity, and collaboration skills set successful development economists apart. These skills enable rigorous analysis of complex development challenges and effective communication of evidence-based recommendations to diverse stakeholders.

How much do development economists make?

Development economists typically earn a median annual salary of around $80,000 to $120,000, depending on experience, education, and location. Senior roles or those with specialized skills may earn higher salaries, especially in international organizations or consulting firms.

What is the highest paid job in economics?

The highest paid roles in economics are often senior positions such as Chief Economist, Economics Director, or specialized roles in finance and consulting firms, with salaries reaching into the high six or seven figures. These positions typically require advanced degrees, extensive experience, and strong analytical and leadership skills.

What does a development economist do?

A development economist analyzes economic factors that influence the growth and development of countries or regions. They study issues such as poverty, inequality, and economic policies, often using data analysis and economic models to inform decision-making and policy design. Development economists may work for governments, international organizations, or research institutions and typically require strong analytical skills and knowledge of economic theory.

Is economic development a good career?

A career as a development economist involves analyzing economic data and policies to promote growth and reduce poverty in developing regions. It often requires strong analytical skills, a background in economics or related fields, and may involve working for government agencies, international organizations, or NGOs. The field offers opportunities to contribute to social impact and development projects, with job stability depending on funding and organizational priorities.

What are some common challenges faced by Development Economists when working on international projects?

Development Economists often encounter challenges such as navigating complex political environments, working with incomplete or unreliable data, and addressing cultural differences that impact project implementation. Collaborating with local stakeholders and government agencies can require strong communication and negotiation skills to align objectives and ensure sustainable outcomes. Additionally, balancing short-term goals with long-term development strategies is a frequent challenge, as is adapting to rapidly changing economic or social conditions in the regions they serve.
What are popular job titles related to Development Economist jobs in Minnesota? For Development Economist jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Development Economist jobs in Minnesota look for? The top searched job categories for Development Economist jobs in Minnesota are:
What cities in Minnesota are hiring for Development Economist jobs? Cities in Minnesota with the most Development Economist job openings:
Development Economist jobs near you
Infographic showing various Development Economist job openings in Minnesota as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $80,375 per year, or $38.6 per hour.

Business Development Operations Coordinator

Destination Medical Center Economic Development Agency

Rochester, MN • On-site

$60K - $85K/yr

Other

Posted 18 days ago

Job description

Description
With the world-renowned Mayo Clinic at its heart, the Destination Medical Center (DMC) initiative is the catalyst to position the city of Rochester, Minnesota as the world's premier destination for health and wellness; attracting people, investment opportunities, and jobs to America's City for Health and supporting the economic growth of Minnesota, its bioscience sector, and beyond.
The Destination Medical Center Economic Development Agency (DMC EDA) is the staff that assists the DMCC in planning and executing the DMC Development Plan (a visionary 20-year plan that started in 2015) and adopted strategies for economic development in Rochester, MN. The DMC EDA consists of an experienced team of professionals who execute a comprehensive strategy to steward $585 million of public investment and leverage that investment with the goal of attracting over $5 billion in private investment to the market.
Working closely with the Business Development team, the Coordinator manages the day-to-day operational activities that enable DMC to recruit and support innovative health technology companies, strengthen the Discovery Square Health Innovation Ecosystem, and communicate the impact of DMC's business development efforts through accurate data and reporting. The position is ideal for an organized, process-oriented professional who enjoys creating efficient systems, managing information, and supporting a collaborative team. It also provides an excellent opportunity for someone interested in learning the fundamentals of business development, economic development, and innovation ecosystem management.
DMC EDA is an Equal Opportunity Employer. All applicants are considered without regard to age, race, color, creed, religion, national origin, sex, disability, marital status, sexual orientation, status with regard to public assistance, membership or activity in a local commission. We value lived and learned experiences and encourage applicants whose experiences and knowledge would add value to this role.
This position is an in-person office role that may require work outside of normal business hours.
Requirements
Qualifications
Desired Qualifications
• Exceptional organizational skills and attention to detail.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities while maintaining accuracy.
• A process-oriented mindset with a desire to improve systems and workflows.
• Comfort working independently while supporting a collaborative team.
• Curiosity and willingness to learn about business development, innovation, and economic development.
• Strong customer service and relationship management skills.
• Professional judgment in handling confidential business information.
Preferred Experience
• Experience managing CRM systems or customer databases.
• Experience coordinating administrative or operational functions.
• Experience supporting business development, sales, marketing, economic development, higher education, healthcare, or professional services organizations.
• Experience conducting business or market research.
• Experience preparing reports, presentations, and executive materials.
Technical Skills
• Microsoft 365 (Excel, Word, PowerPoint, Outlook)
• CRM systems (Insightly experience preferred)
• Mail merge and database management
• General proficiency with Microsoft 365

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