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Economic Development Jobs in Springfield, IL (NOW HIRING)

INTERNAL AUDITS INTERN

Springfield, IL · On-site

$2.6K - $3.8K/mo

Department of Commerce and Economic Opportunity Class Title: STUDENT INTERN - 43190 Skill Option ... Requires knowledge, skill and mental development equivalent to the completion of high school and ...

Instead, the successful candidate will focus on talent development, business planning, market ... Monitor regulatory, economic, and industry trends impacting the Building Technologies market.

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Economic Development information

See Springfield, IL salary details

$30.7K

$102.1K

$153.6K

How much do economic development jobs pay per year?

As of Jul 17, 2026, the average yearly pay for economic development in Springfield, IL is $102,104.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,800.00 and $123,400.00 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 Springfield, IL? The most popular types of Economic Development jobs in Springfield, IL are:
What are popular job titles related to Economic Development jobs in Springfield, IL? For Economic Development jobs in Springfield, IL, the most frequently searched job titles are:
What job categories do people searching Economic Development jobs in Springfield, IL look for? The top searched job categories for Economic Development jobs in Springfield, IL are:
What cities near Springfield, IL are hiring for Economic Development jobs? Cities near Springfield, IL with the most Economic Development job openings:
Infographic showing various Economic Development job openings in Springfield, IL as of July 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 100% In-person job distribution, with an average salary of $102,104 per year, or $49.1 per hour.
Meet Freddie Mac's University Program: Learn about our 2027 Internship and Full-Time Opportunities

Meet Freddie Mac's University Program: Learn about our 2027 Internship and Full-Time Opportunities

Freddie Mac

Springfield, IL • On-site

$14.75 - $20/hr

Other

Re-posted 22 days ago


Job description

Freddie Mac is where ambitious possibility-makers are shaping the U.S. housing industry.

Are you an undergraduate or graduate student looking to kickstart your career? Freddie Mac's University program offers summer internships and full-time opportunities in Accounting, Business, Communications, Investments & Capital Markets, Computer Science, Data/Quant Analytics, Economics, Finance, Risk Management, Technology (including Cyber and Software Development) and more.

Join us to hear directly from our University Talent Advisors about:

-Who we are and how we serve our mission

-Workplace, culture and life at Freddie Mac

-Our intern and analyst/full-time programs

-Comprehensive rewards including compensation and benefits

-Our recruitment process and timelines

We can't wait to meet you!

If you’d like to learn more about us, feel free to browse our blogs and student opportunities here.


Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970