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Economic Development Consulting Jobs in Maryland

Barrow Wise Consulting

Economist

MD · On-site

$90K - $175K/yr

Join Barrow Wise Consulting, LLC today. Responsibilities: The Economist will support Barrow Wise ... Lead policy development and provide regulatory clauses concerning electricity transmission

Osaic

Vice President, Advisory Consulting

Baltimore, MD · On-site

$140K - $175K/yr

Field Leadership & Team Development * Lead and mentor a team of regional sales consultants ... Bachelor's Degree from accredited university required; focus in Economics, Finance, Business, or ...

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Economic Development Consulting information

See Maryland salary details

$30.1K

$100K

$150.4K

How much do economic development consulting jobs pay per year?

As of Sep 1, 2026, the average yearly pay for economic development consulting in Maryland is $99,985.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,100.00 and $120,800.00 per year, depending on experience, location, and employer.

What is economic development consulting?

Economic development consulting is a professional service that helps governments, organizations, and communities create strategies to promote economic growth, job creation, and investment. Consultants in this field analyze local economies, identify strengths and challenges, and recommend actionable plans for improvement. Their work can involve everything from market research and feasibility studies to policy development and project management. By leveraging their expertise, economic development consultants help clients attract businesses, foster innovation, and improve overall economic well-being.

How do economic development consultants typically collaborate with local government and community stakeholders during projects?

Economic development consultants frequently work in partnership with local government officials, business leaders, and community organizations to design and implement strategies that stimulate economic growth. This involves conducting stakeholder meetings, gathering input to assess community needs, and facilitating consensus-building among diverse groups. Consultants must balance various interests, communicate complex data in accessible ways, and ensure that project recommendations are both feasible and aligned with local goals. Effective collaboration is key to building trust and achieving sustainable outcomes.

What are the key skills and qualifications needed to thrive as an economic development consultant, and why are they important?

To thrive as an Economic Development Consultant, you need a strong background in economics, urban planning, data analysis, and often a relevant degree such as in economics, public administration, or business. Familiarity with GIS software, economic modeling tools, and certifications like CEcD (Certified Economic Developer) are highly valued. Exceptional communication, stakeholder engagement, and project management skills help consultants build consensus and drive initiatives forward. These skills and qualities are essential for designing effective strategies, securing funding, and fostering sustainable growth in communities.

What is the difference between Economic Development Consulting vs Urban Planning?

AspectEconomic Development ConsultingUrban Planning
Required CredentialsTypically degrees in economics, public policy, or related fields; certifications like CEcD are commonDegrees in urban planning, architecture, or civil engineering; certifications like AICP are common
Work EnvironmentConsulting firms, government agencies, non-profits; project-based workMunicipalities, government agencies, private firms; focus on land use and infrastructure
Employer & Industry UsageUsed by economic development agencies, consulting firms, and government bodiesUsed by city governments, urban planning departments, and private planning firms

While both roles aim to improve community growth, Economic Development Consulting focuses on strategies to attract investment and create jobs, whereas Urban Planning emphasizes land use, zoning, and infrastructure development. They often collaborate but serve different primary objectives within community development.

Is economic development consulting a good career path?

Economic development consulting is a viable career that involves advising governments and organizations on strategies to promote economic growth and job creation. It requires strong analytical skills, knowledge of economic policies, and often a background in economics or public policy. The field offers opportunities for impact, professional growth, and typically involves project-based work with varying schedules.

What do economic development consultants do?

Economic development consultants analyze local economies to identify growth opportunities and develop strategies to attract businesses and investments. They often conduct research, prepare reports, and collaborate with government agencies and stakeholders to implement economic policies and projects. Strong analytical skills and knowledge of economic tools are essential for this role.

What does an economic development consulting do?

An economic development consultant analyzes local economies to identify growth opportunities, develop strategies to attract businesses, and improve community prosperity. They often use data analysis, policy recommendations, and stakeholder engagement to support economic initiatives and sustainable development.

What are popular job titles related to Economic Development Consulting jobs in Maryland?

For Economic Development Consulting jobs in Maryland, the most frequently searched job titles are:

What job categories do people searching Economic Development Consulting jobs in Maryland look for?

The top searched job categories for Economic Development Consulting jobs in Maryland are:

Economic Development Consulting jobs near you
Infographic showing various Economic Development Consulting job openings in Maryland as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $99,985 per year, or $48.1 per hour.

Economist

MD • On-site

Barrow Wise Consulting
IT Services • 11 - 50 employees
Learn more about Barrow Wise Consultingexternal

$90K - $175K/yr

Full-time

Re-posted 6 days ago

Job description

Enjoy problem-solving, need a venue to display your creativity, and emerging technologies pique your interest; if so, Barrow Wise Consulting, LLC is for you. As a multi-disciplined leader, you understand the gifts that set you apart from everyone else. Demonstrate innovative solutions to our clients. Join Barrow Wise Consulting, LLC today.
Responsibilities:
The Economist will support Barrow Wise's Maryland project and perform the following duties:
  • Lead policy development and provide regulatory clauses concerning electricity transmission
  • Develop the economic strategy for the expansion of utility services including transmission lines across the State
  • Develop the economic justification for high-threshold ratepayer protections
  • Audit the complex Cost-of-Service Studies (COSS) submitted by utility companies
  • Analyze engineering documentation and list the impacts
  • Provide testimony in reports and as an expert witness
  • Work Remotely but some travel to Maryland is required

An ideal candidate has the following:
  • U.S. Citizenship
  • Advanced degree (Master's or Ph.D.) in Economics, Finance or Public Policy
  • Deep, practical expertise in Class Cost Allocation, Jurisdictional Cost-of-Service Studies (COSS), and utility revenue requirement modeling
  • 10+ years of applied experience in regulatory economics, utility finance, or rate design

Join the team at Barrow Wise Consulting, LLC, for a fulfilling and engaging experience! Our team is dedicated to providing innovative solutions to our clients in an ethical and diverse work environment. We offer competitive compensation packages, excellent benefits, and opportunities for growth and advancement. Barrow Wise is an equal-opportunity, drug-free employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran/LGBT are welcome to apply.
Our employees stand behind Barrow Wise's core values of integrity, quality, innovation, and diversity. We are confident that Barrow Wise's core values, business model, and team focus create positive career paths for our employees. Barrow Wise will continue to lead the industry in delivering new solutions to clients and persevere until the client is overjoyed.

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