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Economic Development Jobs in Chicago, IL (NOW HIRING)

Meta

Economic Development Manager

Chicago, IL

$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

$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 ...

Fifth Third Bank

Community Impact Manager II

Chicago, IL · On-site

Lead the development and implementation of the banks Community Reinvestment Act/ Community and Economic Development strategies at the region level within assigned assessment areas. Assists in leading ...

New

Fifth Third

Community Impact Manager II

Chicago, IL · On-site

Lead the development and implementation of the banks Community Reinvestment Act/ Community and Economic Development strategies at the region level within assigned assessment areas. Assists in leading ...

New

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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 Aug 10, 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 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 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 and stakeholders to promote growth and sustainability.

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 the different types of economic development jobs?

Economic development jobs include roles such as economic development director, business development specialist, urban planner, and project manager. 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 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 3% Internship, 86% Full Time, and 11% Part Time. Highlights an 94% In-person, 3% Hybrid, and 3% Remote job distribution, with an average salary of $106,126 per year, or $51 per hour.

Economic Development Manager

Meta

Chicago, IL

$154K/yr

Full-time

Posted 12 days ago

Meta rating

7.8

Company rating: 7.8 out of 10

Based on 45 frontline employees who took The Breakroom Quiz

136th of 242 rated software companies

Job description

Meta designs, builds, leases and operates the most innovative and efficient data centers in the world. Locating, developing and managing this data center infrastructure is synonymous with ensuring high uptime, capacity availability, flexibility and capital and operational cost efficiency. Meta is seeking an experienced, organized and proactive Asset Manager to join the Data Center Economic Development team.This position will play a key role in Meta’s data center site selection activities by completing tax and economic incentive diligence and managing compliance efforts for new and expanding regions.
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 and external benchmarks, and established goals.
  • Interface with internal organizations including data center design, construction, legal, payroll, finance, accounting and tax.
  • Gather and analyze investment and employment related data to drive decisions for future site selection efforts and complete compliance obligations for existing regions.
  • Maintain and optimize data center incentive compliance program for global portfolio of data center assets.
  • Complete diligence relating to economic development programs as well as state and local tax laws for new and existing data center regions.
  • Build and maintain cost models that compare taxes and economic incentives in new and existing data center regions.
  • Partner with economic development managers to prepare internal and external summary materials needed for ongoing site selection efforts.
  • Work cross-functionally to understand the project parameters needed to support data center economic development discussions.
  • Ability to travel domestically (up to 25% a month) as project needs require.

Minimum Qualifications:
  • Bachelor's degree in a directly related field, or equivalent practical experience
  • 6+ years of experience in state and local taxes and economic incentives
  • Financial analysis and project management experience

Preferred Qualifications:
  • Demonstrated ability to integrate AI tools to optimize/redesign workflows and drive measurable impact (e.g., efficiency gains, quality improvements)
  • Experience adhering to and implementing responsible, ethical AI practices (e.g., risk assessment, bias mitigation, quality and accuracy reviews)
  • Demonstrated ongoing AI skill development (e.g., prompt/context engineering, agent orchestration) and staying current with emerging AI technologies
  • Experience coordinating internal staff and consultants
  • Proven precise communication skills

About Meta:
Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. People who choose to build their careers by building with us at Meta help shape a future that will take us beyond what digital connection makes possible today—beyond the constraints of screens, the limits of distance, and even the rules of physics.
Meta is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. Meta participates in the E-Verify program in certain locations, as required by law. Please note that Meta may leverage artificial intelligence and machine learning technologies in connection with applications for employment.
Meta is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at accommodations-ext@meta.com.
$154,000/year to $200,000/year + bonus + equity + benefits
Individual compensation is determined by skills, qualifications, experience, and location. Compensation details listed in this posting reflect the base hourly rate, monthly rate, or annual salary only, and do not include bonus, equity or sales incentives, if applicable. In addition to base compensation, Meta offers benefits. Learn more about benefits at Meta.

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