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Economic Development Corporation Jobs (NOW HIRING)

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Economic Development Corporation information

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How much do economic development corporation jobs pay per year?

As of Aug 16, 2026, the average yearly pay for economic development corporation 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 an Economic Development Corporation?

An Economic Development Corporation (EDC) is a nonprofit or quasi-governmental organization that works to promote economic growth within a specific area, such as a city, county, or region. EDCs typically focus on attracting new businesses, supporting existing businesses, creating jobs, and increasing investment in their communities. They often provide services like business incentives, site selection assistance, workforce development, and advocacy for local economic policies. By fostering a positive business environment, EDCs aim to improve the overall economic well-being and quality of life for residents.

What are the key skills and qualifications needed to thrive as an Economic Development Corporation professional?

To thrive in an Economic Development Corporation, you need a strong background in economic analysis, business development, and community planning, often supported by a degree in economics, public administration, or a related field. Familiarity with economic modeling tools, GIS software, and grant management systems is typically required. Exceptional communication, stakeholder engagement, and project management skills help professionals build partnerships and advocate for community growth. These skills are crucial for attracting investment, fostering sustainable development, and achieving economic goals for the community.

What are some common challenges faced by professionals working at an Economic Development Corporation?

Professionals at an Economic Development Corporation often navigate challenges such as balancing the needs of diverse stakeholders, adapting to changing economic conditions, and meeting ambitious development goals within budget constraints. Collaboration with government agencies, private sector partners, and community organizations is key, and managing these relationships can be complex. Additionally, professionals must stay informed about local and global economic trends to develop effective strategies that foster sustainable growth and attract investment to their communities.

What is the difference between Economic Development Corporation vs Economic Development Specialist?

AspectEconomic Development CorporationEconomic Development Specialist
RoleOrganization focused on regional economic growth and business attractionIndividual responsible for implementing economic development projects
CredentialsTypically organizational, may require leadership experienceOften requires degrees in economics, business, or related fields
Work EnvironmentOffice-based, with community engagementOffice and fieldwork, community interaction
EmployerLocal government, non-profit, or regional agencyGovernment agencies, economic development firms

While an Economic Development Corporation is an organization dedicated to fostering economic growth, an Economic Development Specialist is an individual working within or for such organizations to execute specific projects and initiatives. Both roles are interconnected but differ in scope and responsibilities.

More about Economic Development Corporation jobs

What cities are hiring for Economic Development Corporation jobs?

Cities with the most Economic Development Corporation job openings:

What states have the most Economic Development Corporation jobs?

States with the most job openings for Economic Development Corporation jobs include:

Infographic showing various Economic Development Corporation job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $103,020 per year, or $49.5 per hour.

Analyst - Project Development and Management

City of New York

Manhattan, NY • On-site

Full-time

Posted 22 days ago


City Of New York rating

7.2

Company rating: 7.2 out of 10

Based on 81 frontline employees who took The Breakroom Quiz

621st of 846 rated public administrative organizations


Job description

Job Description

TASK FORCE: ECONOMIC DEVELOPMENT
UNIT: Project Development and Management
JOB TITLE: One (1) Assistant Analyst / Analyst / Senior Analyst
CONTROL CODE: HED-27-01
SUMMARY:
The Mayor's Office of Management and Budget (OMB) is the City government's chief financial agency. OMB's staff of analysts and experts assembles and oversees the Mayor's expense and capital budgets, which fund the services and activities of more than 90 City agencies and entities.
The Economic Development Task Force oversees the expense, capital, and revenue budgets for agencies including the Department of Small Business Services, the Department of City Planning, and the Economic Development Corporation.
The Economic Development - Project Development and Management Unit provides oversight to a myriad of agencies, including the Economic Development Corporation, the Trust for Governors Island, and the Brooklyn Navy Yard Development Corporation. These agencies perform a range of activities, from the promotion of diversity in City contracting/procurement activities to the management of long-term, large-scale capital projects designed to catalyze private development and transform neighborhoods.
JOB DESCRIPTION:
The duties of this position may encompass the following activities:
- Assist in the preparation of the expense and revenue budgets for one or more agencies within the City's economic development portfolio.
- Analyze, modify, and monitor agency budgets and financial plans.
- Monitor expenditures and revenues; review funding and personnel requests; analyze monthly headcount reports; and evaluate program performance.
- Identify, analyze, and recommend solutions to operational and budgetary issues. Develop cost reduction and savings programs.
- Help prepare the capital budget for the Economic Development Corporation, the Brooklyn Navy Yard Development Corporation, and the Trust for Governors Island.
- Prepare Certificates to Proceed to authorize agency capital expenditures.
- Review and report on various requests for expenditure authorizations.
- Serve as a liaison to City agencies.
- Review development plans and legislative initiatives.
- Develop and work on other ad-hoc projects.
DESIRED QUALIFICATIONS:
- Excellent oral and written communication skills.
- Excellent analytical, computer and interpersonal skills.
- Strong background or interest in economic development.
- Strong background in financial management and public policy.
- Ability to work independently and proactively within a team.
OTHER QUALIFICATIONS:
- Very strong technical knowledge of Microsoft Excel, Word, and Power Point.
- Must be able to work late nights and weekends as needed.
REQUIREMENTS:
A cover letter is required to be considered for this position. Applications submitted without a cover letter will not be considered.
Assistant Analyst ($60,764+): Bachelor's degree in Economics, Political Science, Public Administration, Public Affairs, Urban Studies, or a subject related to the specific assignment with no or one year of full-time experience in budget planning, financial analysis, public policy analysis, or a related field.
Analyst ($77,327+): Bachelor's degree and a minimum of two years of full-time experience in budgetary planning/management, financial analysis, public policy analysis or a related field; or an awarded Master's degree in Economics, Political Science, Public Administration, Public Affairs, Urban Studies or a field related to the specific assignment.
Senior Analyst ($86,995): Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a subject related to the specific assignment and a minimum of three years of full-time experience in budgetary planning/management, financial analysis, public policy analysis/administration, or a related field; or an awarded Master's degree in Economics, Political Science, Public Administration, Public Affairs, Urban Studies, or related field, and one year of relevant experience.
THE OFFICE OF MANAGEMENT AND BUDGET AND THE CITY OF NEW YORK ARE INCLUSIVE EQUAL OPPORTUNITY EMPLOYERS COMMITTED TO RECRUITING AND RETAINING A DIVERSE WORKFORCE AND PROVIDING A WORK ENVIRONMENT THAT IS FREE FROM DISCRIMINATION AND HARASSMENT BASED UPON ANY LEGALLY PROTECTED STATUS OR PROTECTED CHARACTERISTIC, INCLUDING BUT NOT LIMITED TO AN INDIVIDUAL'S SEX, RACE, COLOR, ETHNICITY, NATIONAL ORIGIN, AGE, RELIGION, DISABILITY, SEXUAL ORIENTATION, VETERAN STATUS, GENDER IDENTITY, OR PREGNANCY.
You must be a City resident within 90 days of the date of appointment and you must be legally eligible to work in the United States.
SUBMISSION OF A RESUME IS NOT A GUARANTEE THAT YOU WILL RECEIVE AN INTERVIEW; ONLY THOSE CANDIDATES UNDER CONSIDERATION WILL BE CONTACTED.
This is a hybrid position with in-person days located at OMB's offices at 255 Greenwich Street
BUDGET ANALYST (OMB) - 06088

Qualifications

1. A baccalaureate degree from an accredited college.

Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.


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