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Economic Development Jobs (NOW HIRING)

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Economic Development information

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$31K

$103K

$155K

How much do economic development jobs pay per year?

As of Jun 24, 2026, the average yearly pay for economic development 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 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 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 cities are hiring for Economic Development jobs? Cities with the most Economic Development job openings:
What are the most commonly searched types of Economic Development jobs? The most popular types of Economic Development jobs are:
What states have the most Economic Development jobs? States with the most job openings for Economic Development jobs include:
Infographic showing various Economic Development job openings in the United States as of June 2026, with employment types broken down into 35% Full Time, 59% Part Time, and 6% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $103,020 per year, or $49.5 per hour.
Economic Development Coordinator

Economic Development Coordinator

CITY OF CLEVELAND

Cleveland, TX

Full-time

Posted 4 days ago


City Of Cleveland (Ohio) rating

7.6

Company rating: 7.6 out of 10

Based on 29 frontline employees who took The Breakroom Quiz

387th of 660 rated public administrative organizations


Job description

Position Summary

Under limited supervision, promotes, facilitates, and coordinates efforts supporting economic growth, attracting investment, and fostering a business-friendly environment to enhance the community’s economic prosperity. Leads initiatives that drive business attraction, support local entrepreneurs, and promotes sustainable growth throughout the community.

Work Schedule

Monday through Thursday, 8:00 a.m. to 6:00 p.m.; Friday, 8:00 a.m. to 12:00 p.m.

Job Responsibilities

Essential Functions: -- Essential functions, as defined under the Americans with Disabilities Act, may include any of the following representative duties, knowledge, and skills. Essential duties and responsibilities may include, but are not limited to, the following:

· Assists in managing, facilitating, and monitoring third-party consultants engaged in business attraction and lead generation efforts.

· Implements strategic initiatives, including the Business Retention and Expansion Plan, while preparing detailed RFI responses and advancing both workforce development and downtown revitalization efforts to position Cleveland as a competitive, investment-ready community.

· Conducts and refines market research to identify and pursue business opportunities aligned with the region’s strengths and target industries; organizes and coordinates logistics for business attraction/recruitment missions, trade show participation, and meetings.

· Researches, compiles, and drafts responses to Requests for Information (RFIs) from state, regional economic development organizations (EDOs), and site selector project leads.

· Collaborates with the local Chamber of Commerce to develop and implement a Business Retention and Expansion (BRE) Program.

· Conducts regular visits to businesses, organize roundtables, and coordinates events to identify business needs and provide solutions for long-term success.

· Acts as a liaison between businesses and local resources, facilitating connections and developing programs to support business operations and growth.

· Works with private-sector developers, investors, City staff, and community stakeholders to advance redevelopment efforts.

· Evaluates and recommends governmental measures related to land use, public utilities, community facilities, housing, and transportation for redevelopment and revitalization initiatives.

· Assists in developing incentive policies and strategies to encourage new investment in key areas.

· Collaborates with educational institutions, government agencies, businesses, and workforce development offices to create training programs aligned with industry needs.

· Researches and pursues state and national funding opportunities to support economic and workforce development, as well as infrastructure initiatives.

· Prepares and submits grant proposals to secure financial resources for economic development programs.

· Represents the Economic Development Corporation at community events, business meetings, and public forums; assists with department sponsored events and communicates key initiatives to the public.

· Analyzes data related to economic development outcomes, incentive compliance, and program performance to guide strategic decisions.

· Supports the Community Development Director in program development, budgeting, meetings, agendas, events, and strategic planning.

· Performs other duties as assigned.

Knowledge of –

· Construction plans, terminology, practices, and basic math.

· Development plans, terminology and practices.

· Project management to coordinate economic development initiatives.

· Business recruitment, community redevelopment and workforce partnerships.

· Grant guidelines and funding sources supporting strategic plans.

· Policies that guide redevelopment and investment strategies.

· Market research and data analysis.

· Modern office practices and procedures.

Ability to –

· Read, analyze, and interpret reports and documents.

· Write reports and business correspondences.

· Present information and respond to questions from customers and the general public.

· Apply common sense understanding to carry out detailed but uninvolved written or oral instructions.

· Interpret and apply ordinances and regulations.

· Read and interpret maps, plans, zoning codes, and development feasibility.

· Communicate clearly and concisely

· Establish and maintain effective relationships.

Education and Experience:

· A high school diploma or equivalent is required. A Bachelor’s degree in Economics, Planning, Business, Public Administration, Communications, or a closely related field is preferred. Relevant experience may be considered in lieu of a degree.

· A minimum of two (2) to four (4) years of experience in economic development, community development, municipal government, urban planning, business development, or a related field is required, with experience in an Economic Development Corporation (EDC) or municipal government setting preferred.

· Minimum of two (2) years of experience in business recruitment, retention, and expansion efforts, as well as project coordination and stakeholder engagement, is required.

· Minimum of two (2) years of experience supporting economic development initiatives, including research, data analysis, grant assistance, and reporting, is preferred.

· Experience working with local businesses, developers, and community organizations is required. Familiarity with economic development tools, incentives, and programs is preferred.

· Professional certification or membership in a recognized economic development organization (such as IEDC or TEDC) is preferred.

Licenses, Certifications, and Equipment:

· A valid Texas driver’s license and acceptable driving record are required.

· Completion of the TEEX Basic Economic Development Course is required or must be obtained within one (1) year of hire.

· Certification or membership with a recognized economic development organization (such as the Texas Economic Development Council) is preferred.

Physical Requirements and Work Environment:

Employees work in a standard office setting, where collaboration with others is a regular occurrence. The noise level can vary from quiet to loud, depending on the nature of the tasks and interactions. Moderate travel to and from meetings, and training sessions also occurs. The role involves maintaining physical fitness to be able to sit and stand for extended periods. Additionally, there may be instances where moderate lifting and carrying of objects weighing up to 50 pounds is necessary. Good finger and manual dexterity required.


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