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Careers›Roles›Economic Development Specialist
Mid-Level

Economic Development Specialist

You work to grow a community's economy: attracting businesses, supporting local enterprise, and shaping the programs that bring jobs and investment to a place. Helping a region build its own prosperity.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
I
C
E
A
S
R
Investigativeanalytical, curious
Conventionalorganizing, detail-oriented
Based on Holland Code framework
Industries that often hire Economic Development Specialists
Wholesale & DistributionGovernment · 54%Professional Services · 25%Financial Services · 10%Consumer Services · 3%Education · 2%
Job markets for Economic Development Specialists
Where Economic Development Specialist jobs concentrate · ~56 metro areas
Based on employment in related occupations
Mapped SOC categories:
Science
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Economic Development Specialist

A typical stretch mixes analysis, relationship-building, and program work: studying local economies, courting employers, writing grants and plans, and coordinating between government, business, and community. A lot of the job is persuasion and patience, since results unfold over years, not quarters. You'll spend much of your time in meetings, on calls, and building the relationships that move things.

The work varies by place and politics. A growing metro plays a different game than a struggling rural county — and political shifts can redirect priorities overnight. Success is hard to attribute to any one effort, funding and mandates fluctuate, and you're often balancing competing interests who all claim the win or the blame. Wins, when they land, can transform a community.

The work rewards people who are patient, diplomatic, and motivated by the long game — comfortable with slow, hard-to-measure progress and lots of stakeholders. If you want clear wins or fast feedback, the ambiguity may frustrate. But for those drawn to shaping the economic future of a place they care about, the work can be deeply meaningful.

What people in this role value
Working ConditionsAbove avg
IndependenceAbove avg
AchievementAbove avg
RecognitionAbove avg
SupportLower
RelationshipsLower
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns

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Career Paths

Where this role sits in the broader career landscape — and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Professional Services$92K+15%
Technology & Information$91K+13%
Energy & Utilities$82K+2%
Financial Services$81K+2%
Wholesale & Distribution$79K-1%
Compared to Science average across all industries
1 BLS OEWS May 2024 covers all Economic Development Specialists (SOC 19-3011.00), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Science →
Economic Development SpecialistInternational Trade SpecialistResearch AnalystPolicy AdvisorPolicy OfficerEconomic DeveloperForecast AnalystResearch EconomistAgricultural EconomistEnvironmental EconomistEconomistEconometricianEconomic AdvisorForest EconomistHealth EconomistEconomic SpecialistFinancial EconomistEconomic Research AnalystHealth Economics ConsultantHealthcare Economics AnalystHealthcare Economics Consultant

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✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$62K–$213K
Salary Range
10th – 90th percentile
16K
U.S. Employment
+1.2%
10yr Growth
900
Annual Openings

How Economic Development Specialist pay & employment are changing

$77K$74K$71K$68K$65K201920202021202220232024$65K$77K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

Reading ComprehensionCritical ThinkingMathematicsActive ListeningWritingSpeakingJudgment and Decision MakingActive LearningComplex Problem SolvingSystems Evaluation
O*NET OnLine · Bureau of Labor Statistics
Mapped SOC Codes
19-3011.00

Explore related roles

Roles with similar work and overlapping career paths

midInternational Trade Specialist$90KmidResearch Analyst$100KseniorSenior Research Analyst$100KmidPolicy Advisor$112KmidPolicy Officer$112KmidEconomic Developer$100K
View all Science roles →

Common questions about what it's like to be an Economic Development Specialist

What does an Economic Development Specialist do?

You work to grow a community's economy: attracting businesses, supporting local enterprise, and shaping the programs that bring jobs and investment to a place. Helping a region build its own prosperity.

How much does an Economic Development Specialist make?

Median pay for an Economic Development Specialist is about $115K nationally, with the field ranging roughly from $62K to $213K depending on experience, employer, and metro (BLS).

What skills does an Economic Development Specialist need?

Core skills for this role include Reading Comprehension, Critical Thinking, Mathematics, Active Listening, and Writing.

What education do you need to be an Economic Development Specialist?

Most people in this role hold a master's degree.

Is an Economic Development Specialist in demand?

Employment in this field is projected to grow about 1.2% through 2034, with roughly 15,880 people working in it today (BLS).

What jobs are similar to an Economic Development Specialist?

Closely related roles include International Trade Specialist, Research Analyst, and Senior Research Analyst.

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.

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