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Economic Development Jobs in Chicago, IL (NOW HIRING)

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Economic Development Manager

Chicago, IL · On-site

$154K/yr

Economic Development Manager Responsibilities: * Prepare and present monthly, quarterly and annual reports to management related to property and portfolio performance in regards to budget, internal ...

Oak Park

Economic Vitality Administrator

Oak Park, IL · On-site

$17.75 - $24.50/hr

The emphasis of this role is real estate and business development centered on investment attraction ... The Economic Vitality Administrator coordinates assigned activities with other Village departments ...

Everpure

Director, GTM Economics & Science

Chicago, IL · On-site

$168K - $269K/yr

You will lead the development of advanced statistical methodologies to measure the incrementality ... PhD in Economics, Econometrics, or an equivalent quantitative discipline, such as Applied Economics ...

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All JobsEconomic Development JobsEconomic Development Jobs in Chicago, IL

Economic Development information

See Chicago, IL salary details

$31.9K

$106.1K

$159.7K

How much do economic development jobs pay per year?

As of Sep 4, 2026, the average yearly pay for economic development in Chicago, IL is $106,126.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,000.00 and $128,300.00 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 are the key skills and qualifications needed to thrive as an economic development professional?

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 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 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 the most commonly searched types of Economic Development jobs in Chicago, IL?

The most popular types of Economic Development jobs in Chicago, IL are:

What are popular job titles related to Economic Development jobs in Chicago, IL?

For Economic Development jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Economic Development jobs in Chicago, IL look for?

The top searched job categories for Economic Development jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Economic Development jobs?

Cities near Chicago, IL with the most Economic Development job openings:

Economic Development jobs near you
Infographic showing various Economic Development job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 83% In-person, and 17% Remote job distribution, with an average salary of $106,126 per year, or $51 per hour.

Economic Development Coordinator

Exploreelginarea

Carol Stream, IL • On-site

$55 - $75/hr

Other

Posted 3 days ago

New

Key responsibilities

  • Assist with business retention, expansion initiatives, and economic development projects.

  • Support site selection, business recruitment, and development project tracking.

  • Coordinate and support stakeholder engagement, outreach activities, and special events.

Job description

Elgin Development Group (EDG) A Division of the Elgin Area Chamber of Commerce Economic Development Coordinator

The Economic Development Coordinator supports the mission of the Elgin Development Group by assisting with business retention and expansion initiatives, economic development projects, research, marketing, events, and stakeholder engagement activities. This position provides administrative and project support to the Director of Economic Development while serving as an important point of contact for local businesses, community partners, and investors.

This is an excellent opportunity for an emerging professional interested in economic development, business development, community development, public administration, urban planning, or chamber of commerce leadership. The Coordinator will gain broad exposure to regional economic development initiatives and contribute directly to projects that strengthen the Elgin area economy.

Essential Duties and Responsibilities Supporting the Economic Development Director in the following areas:
  • Site selection and business recruitment support, including site visit coordination and property research.
  • Development project tracking and management.
  • Assistance with grants, incentive programs, and business resource identification.
  • Workforce development partnership support with employers, schools, and workforce agencies.
  • Small business and entrepreneurship support activities.
  • Data visualization, dashboards, and economic reporting for investors and stakeholders.
  • Expanded database/CRM management and economic development records maintenance.
  • Support on special projects and other duties and responsibilities as assigned from time to time.
Business Retention and Outreach
  • Assist in coordinating and scheduling business retention and expansion (BRE) visits.
  • Conduct follow-up communications with local employers and business stakeholders.
  • Maintain records of business contacts, visits, and project activity in CRM and reporting systems.
  • Help identify business needs and connect employers with appropriate resources and partners.
Economic Development Research
  • Research demographic, workforce, economic, and industry data.
  • Assist with preparation of community profiles, business recruitment materials, and responses to Requests for Information (RFIs).
  • Maintain inventories of available commercial and industrial sites and properties.
  • Compile data and performance metrics for reports, grant applications, and presentations.
Marketing and Communications
  • Assist with website updates, social media content, newsletters, and promotional materials.
  • Develop stories highlighting business successes, expansions, investments, and workforce initiatives.
  • Support preparation of presentations, investor reports, and marketing collateral.
Events and Stakeholder Engagement
  • Assist with planning and execution of economic development programs, committee events, workforce forums, and educational workshops.
  • Attend community meetings and networking events as a representative of EDG when appropriate.
  • Support investor and partner engagement activities.
Administrative Responsibilities
  • Maintain databases, prospect records, and economic development files.
  • Track key performance indicators and prepare monthly and quarterly reports.
  • Provide general administrative support to the Economic Development Director and EDG initiatives.
Qualifications Education
  • Bachelor's degree in Business Administration, Economics, Public Administration, Urban Planning, Marketing, Communications, Political Science, Community Development, or a related field preferred.
  • Recent graduates are encouraged to apply.
Experience
  • One to three years of professional experience, internships, or significant project involvement in economic development, business, government, nonprofit organizations, chambers of commerce, community development, marketing, or related fields.
  • Experience with research, project coordination, customer service, or stakeholder engagement is preferred.
Knowledge, Skills, and Abilities
  • Strong written and verbal communication skills.
  • Excellent organizational and time-management abilities.
  • Ability to manage multiple projects and deadlines.
  • Strong attention to detail and accuracy.
  • Proficiency in Microsoft Office Suite, particularly Excel, Word, PowerPoint, and Outlook.
  • Ability to analyze and present data clearly.
  • Customer-service mindset and professional demeanor.
  • Ability to build positive relationships with business leaders, public officials, and community partners.
  • Willingness to learn economic development tools, practices, and strategies.
Preferred Qualifications
  • Familiarity with CRM systems, GIS mapping tools, or economic development databases.
  • Interest in pursuing a career in economic development, chamber leadership, community development, or public administration.

Related Links : https://www.elginchamber.com/

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