Economic Development Corp Salary

Economic Development Corp Salary

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As of July 2026, the average annual salary for employees at Economic Development Corp in the United States is $85,228. This translates to an approximate hourly wage of $41. Salaries at Economic Development Corp typically range from $74,509 to $97,539 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Economic Development Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Economic Development Corp. Based on our data, the highest paying job is the Executive Director, with an annual salary of $155,734. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Economic Development Corp

Ready for your next career move? Explore current job openings at Economic Development Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Economic Development Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Economic Development Corp's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
East Tennessee Economic Development Agency $78,287
-8.1%
East Tennessee Economic Development Agency may offer non-monetary perks in lieu of competitive base salaries.
Freeport Economic Development Corp $84,816
-0.5%
Confirms Freeport Economic Development Corp is a direct competitor vying for the exact same talent pool.
Connecticut Economic Resource Center Inc $95,586
+12.2%
Adjusted for higher cost-of-living indices in Connecticut Economic Resource Center Inc's primary metro hubs.
Patel Society $88,814
+4.2%
Supported by Patel Society's high-margin contracts allowing higher overhead.
Edu., Gov't. & Nonprofit Industry $115,341
+35.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Economic Development Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Economic Development Corp. Click a company name to learn more.

Employee Reviews: Working at Economic Development Corp

Considering a career at Economic Development Corp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Leadership listens actively and communicates openly, which builds trust across all levels. Leadership invests in staff through competitive salaries and progressive benefits. The environment is cordial, though not particularly energetic. Employees have access to numerous learning and development programs that help them grow professionally and personally.
Commented in February 10, 2025
23
2
Still, the organization offers predictability and a sense of service. A truly outstanding group of professionals. Working within this has been incredibly rewarding. I’ve found excellent support from supervisors and strong mentorship from peers. The environment is organized and consistent. Leadership fosters an open-door policy and encourages feedback. The inclusive culture and team-oriented enviro...
Commented in November 20, 2024
14
0
Benefits are decent, matching industry standards without extra perks. Employees are encouraged to innovate. The environment is steady, but may take time for some.
Commented in February 06, 2024
27
2

Economic Development Corp Overview

Website
www.whywaynecounty.com
Founded In
1995
Employees
25 - 50 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
900 N E St Richmond Indiana IN 47374
Revenue
<$5 Million
Phone Number
+1 7659834769
Social Media
About Economic Development Corp
The Economic Development Corporation (EDC) of Wayne County, Indiana, was organized in 1993 to replace earlier efforts by the Richmond Chamber of Commerce and City of Richmond. The organization is under contract for economic development services with the Wayne County Commissioners and most of the countys towns, and has a volunteer Board of Directors.

What Benefits Does Economic Development Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Economic Development Corp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Economic Development Corp.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Economic Development Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Economic Development Corp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Economic Development Corp

1. What is the average salary for employees at Economic Development Corp?

The average annual total compensation for employees at Economic Development Corp is approximately $85,228. However, this is an aggregate figure, actual salaries can range significantly, typically from $74,509 to $97,539, depending on factors like job role, experience, and location.

2. How much does Economic Development Corp pay compared to East Tennessee Economic Development Agency?

The average annual salary at Economic Development Corp is $85,228, or an hourly wage of $41, in comparison to East Tennessee Economic Development Agency which pays $78,287 per year or $38 per hour.

3. What is the lowest salary at Economic Development Corp?

The lowest-paying job at Economic Development Corp is a Career Consultant with a salary of $43,585 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Economic Development Corp?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Economic Development Corp for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Economic Development Corp offer cost-of-living adjustments (COLA) for employees in high-cost areas like Indianapolis?

While some companies offer formal COLA, many, including potentially Economic Development Corp, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Economic Development Corp?

Most companies, likely including Economic Development Corp, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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