Economic Development

Economic Development Salary in Minnesota

$30.4K

$98.9K

$151.3K

$100,899

/year

$48.51

/hour

Economic Development Salary Comparison by Location

Nationwide

United States

$103,020

Minnesota

Minnesota

$100,899

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    How much does an Economic Development make in Minnesota?

    As of May 28, 2026, the average annual pay for an Economic Development in Minnesota is $100,899 a year.

    Just in case you need a simple salary calculator, that works out to be approximately $48.51 an hour. This is the equivalent of $1,940/week or $8,408/month.

    While ZipRecruiter is seeing salaries as high as $151,319 and as low as $30,362, the majority of Economic Development salaries currently range between $79,800 (25th percentile) to $121,900 (75th percentile) with top earners (90th percentile) making $140,055 annually in Minnesota. The average pay range for an Economic Development varies greatly (by as much as 42100), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.

    Minnesota ranks number 50 out of 50 states nationwide for Economic Development salaries.

    To estimate the most accurate annual salary range for Economic Development jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.

    Find your next high paying job as an Economic Development on ZipRecruiter today.

    What are Top 10 Highest Paying Cities for Economic Development Jobs in Minnesota

    We've identified 10 cities where the typical salary for an Economic Development job is above the average in Minnesota in Minnesota. Topping the list is Chanhassen, , with Saint Louis Park, and St. Louis Park, close behind in the second and third positions. St. Louis Park, beats the average in Minnesota by $9,912 (9.8%), and Chanhassen, furthers that trend with another $16,730 (16.6%) above the $100,899 average.

    With these 10 cities paying on average above the average for Minnesota, the opportunities for economic advancement by changing locations as an Economic Development appears to be exceedingly fruitful.

    Finally, another factor to consider is the average salary for these top 10 cities varies very little at 9% between Chanhassen, and Hennepin County, , reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for an Economic Development role.

    City

    Annual Salary

    Hourly Wage

    Chanhassen

    $117,629

    $56.55

    Saint Louis Park

    $110,811

    $53.27

    St. Louis Park

    $110,811

    $53.27

    Mounds View

    $109,241

    $52.52

    Plymouth

    $108,732

    $52.27

    Dayton

    $108,603

    $52.21

    Osseo

    $107,713

    $51.79

    Minneapolis

    $107,533

    $51.70

    Monticello

    $107,384

    $51.63

    Hennepin County

    $107,383

    $51.63

    What are Top 5 Best Paying Related Economic Development Jobs in Minnesota

    Analyzing similar jobs related to the Economic Development job category in Minnesota, we found 5 that were relevant. However, none pay more than the $100899 state average for Economic Development jobs.

    Nevertheless Publisher Development Manager, Legal Business Development Manager, or Training And Development Manager may still be interesting positions to explore.

    Job Title

    Annual Salary

    Hourly Wage

    Publisher Development Manager

    $86,434

    $41.55

    Legal Business Development Manager

    $83,840

    $40.31

    Training And Development Manager

    $78,962

    $37.96

    Community Development Specialist

    $72,472

    $34.84

    Stewardess

    $45,933

    $22.08

    About Our Data

    ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.

    Infographic detailing Economic Development salary in Minnesota as of May 2026. Shows a bar chart with salary percentiles ranging from $79,800 to $140,055 annually, with the Minnesota average at $100,899 per year or $48.51 per hour. Includes a list of the top 10 highest paying cities in Minnesota for Economic Development jobs, with Chanhassen leading at $117,629 annually.