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Economic Development Jobs in Kentucky (NOW HIRING)

Emphasizes analytical rigor and connects economic theory to real-world policy debates, development challenges, and business strategy. * Curriculum Awareness & Adaptive Instruction: Familiar with ...

Emphasizes analytical rigor and connects economic theory to real-world policy debates, development challenges, and business strategy. * Curriculum Awareness & Adaptive Instruction: Familiar with ...

Key Accounts Specialist

Nicholasville, KY · On-site

$16.75 - $23/hr

Responsibilities also include involvement with economic development groups to advance the business climate. This position supports the overall strategic plans and initiatives of the Cooperative.

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Economic Development information

See Kentucky salary details

$26.9K

$89.5K

$134.6K

How much do economic development jobs pay per year?

As of Jul 14, 2026, the average yearly pay for economic development in Kentucky is $89,476.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,800.00 and $108,100.00 per year, depending on experience, location, and employer.

What is economic development?

Economic development refers to the process by which the economic well-being and quality of life of a region, community, or country are improved. This typically involves efforts to create jobs, attract investment, support businesses, enhance infrastructure, and promote sustainable growth. Professionals in economic development work with government agencies, private sector partners, and community organizations to create strategies that foster economic opportunities and address local challenges. Their goal is to build resilient economies that benefit all residents.

What is the difference between Economic Development vs Urban Planner?

AspectEconomic DevelopmentUrban Planner
Required CredentialsBachelor's degree in economics, public policy, or related field; often certifications in economic developmentBachelor's or master's in urban planning, geography, or related field; licensure may be required
Work EnvironmentGovernment agencies, economic development organizations, consulting firmsMunicipalities, government agencies, private planning firms
Industry UsageFocuses on economic growth, business attraction, and community developmentFocuses on land use, zoning, and urban design

While both roles aim to improve communities, economic development professionals focus on boosting local economies and attracting businesses, whereas urban planners concentrate on land use, zoning, and urban design to shape city landscapes.

What are some common challenges faced by professionals in Economic Development roles, and how can they be addressed?

Economic Development professionals often encounter challenges such as balancing the needs of diverse stakeholders, navigating complex regulatory environments, and securing funding for projects. Success in this field requires strong communication and negotiation skills to build consensus among government officials, business leaders, and community members. Proactively staying updated on policy changes, leveraging data-driven approaches, and building strong partnerships can help address these challenges and drive impactful outcomes.

What professions make $500,000 a year?

In economic development and related fields, high-paying roles such as senior economic consultants, chief development officers, and executive-level positions in large organizations can earn $500,000 or more annually. These roles typically require extensive experience, advanced degrees, and strong leadership skills, often involving strategic planning and stakeholder management.

What profession makes $400,000 a year?

In the field of economic development, senior roles such as Chief Economic Development Officer or high-level consultants can earn $400,000 or more annually, especially with extensive experience, advanced degrees, and leadership responsibilities. These positions often require strong analytical skills, strategic planning, and a deep understanding of regional or national economic policies.

What is a career in economic development?

A career in economic development involves working to improve the economic well-being of communities by attracting new businesses, supporting existing industries, and creating jobs. Professionals in this field often analyze economic data, develop strategic plans, and collaborate with government agencies, requiring skills in research, communication, and project management.

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

To thrive as an Economic Development professional, you need a background in economics, public administration, or urban planning, often supported by a bachelor’s or master’s degree in a related field. Familiarity with data analysis tools, GIS software, project management platforms, and knowledge of relevant regulations or certifications like CEcD are essential. Strong communication, relationship-building, and problem-solving skills distinguish top performers in this role. These skills are vital for successfully attracting investment, fostering sustainable growth, and collaborating with stakeholders to drive community prosperity.

What are the different types of economic development jobs?

Economic development jobs include roles such as economic development director, business development specialist, project manager, and urban planner. These positions often involve tasks like attracting investment, planning community projects, and analyzing economic data, requiring skills in research, communication, and policy analysis.
What are the most commonly searched types of Economic Development jobs in Kentucky? The most popular types of Economic Development jobs in Kentucky are:
What are popular job titles related to Economic Development jobs in Kentucky? For Economic Development jobs in Kentucky, the most frequently searched job titles are:
What cities in Kentucky are hiring for Economic Development jobs? Cities in Kentucky with the most Economic Development job openings:
Economic Development Rep I

Economic Development Rep I

Commonwealth of Kentucky

Frankfort, KY • On-site

$58K/yr

Full-time

Posted 18 days ago


Job description

Advertisement Closes
7/13/2026 (8:00 PM EDT)
2603324
Economic Development Rep I
Pay Grade13
Salary
$58,927.20 Annually
Employment Type
EXECUTIVE BRANCH FULL TIME ELIGIBLE FOR OVERTIME PAY 18A 37.5 HR/WK
Click here for more details on state employment.
Hiring Agency
Cabinet for Economic Development Office of the Secretary
Location
500 Mero Street, 5th Floor
Frankfort, KY 40601 USA
Description
The Cabinet for Economic Development is the primary state agency encouraging job creation, retention, andbusiness investment in Kentucky. The Cabinet works to attract new industries to Kentucky, assists existingcompanies to grow and expand, and provides support and resources for entrepreneurs, startups, and smallbusiness owners.
The Program Administration Division within the Department for Financial Services is seeking an EconomicDevelopment Rep I to join our team. The successful candidate will work 100% in the office during the initial6-month probationary period. Once training is complete there will be the opportunity for a hybrid workschedule, if desired.
Responsibilities include but are not limited to the following:
  • Develops a comprehensive understanding of assigned programs as well as state statutes and Cabinet procedures.
  • Reviews applications thoroughly through the approval process ensuring all necessary documentation is received and all policies are met.
  • Learns how to determine technical procedures for all assigned programs.
  • Learns about legal documentation with direction from supervisor.
  • Supports staff and learns to resolve issues.
  • Trains on required documentation from companies and applicants.
  • Communicates with businesses, entrepreneurs, and county representatives on both new and existing industries in Kentucky throughout the application process.
  • Provides opportunities for assistance and appropriate notifications regarding the status of active economic development projects.
Skills and Expectations include, but are not limited to:
  • Strong review skills.
  • Strong communication skills, both oral and written.
  • Works well in team settings.
  • Have an interest in on-going learning opportunities.
  • Strong experience in Excel, Microsoft Word and Salesforce.

Minimum Requirements
EDUCATION:Graduate of a college or university with a bachelor's degree.
EXPERIENCE, TRAINING, OR SKILLS:NONE
Substitute EDUCATION for EXPERIENCE:NONE
Substitute EXPERIENCE for EDUCATION:Experience in industrial development, economics, research, graphic design, economic development, business administration, marketing, communications, public relations, accounting, finance, compliance, or a related field will substitute for the required college on a year-for-year basis. Current or prior military experience will substitute for the required college on a year-for-year basis.
SPECIAL REQUIREMENTS (AGE, LICENSURE, REGULATION, ETC.):NONE
Working Conditions
Work typically involves extensive contact with the public. Travel may be required.
Probationary Period
This job has an initial and promotional probationary period of 6 months, except as provided in KRS 18A.111.
If you have questions about this advertisement, please contact Jeanne Darby at jeanne.darby@ky.gov or 502-782-2002.
An Equal Opportunity Employer M/F/D