▼26%
$56,968
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$44k
MEDIAN
$57k
90%
$88k
The average salary for an Economic Development Specialist is $56,968 in 2025
Base Salary
$44k - $88k
Bonus
$1k - $8k
Total Pay
$44k - $85k
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What is the Pay by Experience Level for Economic Development Specialists?
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Common Health Benefits for a Economic Development Specialist
Medical
83%
Dental
74%
Vision
69%
None
17%
Gender Breakdown for Economic Development Specialists
Female
58.6%
Male
41.4%
This data is based on 29 survey responses. Learn more about the gender pay gap.
FAQs About Economic Development Specialists
What is the highest pay for Economic Development Specialists?
Our data indicates that the highest pay for an Economic Development Specialist is $88k / year
What is the lowest pay for Economic Development Specialists?
Our data indicates that the lowest pay for an Economic Development Specialist is $44k / year
How can Economic Development Specialists increase their salary?
Increasing your pay as an Economic Development Specialist is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Economic Development Specialist that oversees more junior Economic Development Specialists, this experience can increase the likelihood to earn more.