Economic Development Growth Engine Salary

As of April 2026, the average annual salary for employees at Economic Development Growth Engine in the United States is $79,964. This translates to an approximate hourly wage of $38. Salaries at Economic Development Growth Engine typically range from $69,918 to $91,491 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Economic Development Growth Engine Pay for Different Roles?

Explore detailed salary information for specific jobs at Economic Development Growth Engine. Based on our data, the highest paying job is the President, with an annual salary of $618,995. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Economic Development Growth Engine

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

Is Economic Development Growth Engine’s Pay Competitive? Salary Benchmarking Analysis

How does Economic Development Growth Engine'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
The Barrio Planta Project $91,715
+14.7%
Supported by The Barrio Planta Project's high-margin contracts allowing higher overhead.
Ribet Academy $95,670
+19.6%
Reflects a supply-demand imbalance for the specific talent Ribet Academy targets.
Hesby Oaks School $97,295
+21.7%
Reflects structural premiums typical of Hesby Oaks School's large-cap national operations.
Vineland School District $90,407
+13.1%
Driven by niche technical certifications required for Vineland School District's specialized projects.
Edu., Gov't. & Nonprofit Industry $115,341
+44.2%
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.

Employee Reviews: Working at Economic Development Growth Engine

Considering a career at Economic Development Growth Engine? 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.
I feel a genuine sense of belonging within this organization. Comprehensive benefits ensure employees feel valued and secure. Roles and responsibilities are clearly outlined, but the culture leans traditional. Strong commitment to employee development through continuous training programs.
The compensation structure recognizes experience and advanced degrees fairly. The work is community-focused, and I feel like I’m contributing to the greater good. You know what to expect each day, which is great for predictability, but it rarely feels exciting or impactful. A good experience overall, with opportunities for enhanced interdepartmental cooperation and workflow improvements. The cultu...
I’ve found this organization to be highly supportive of continuing education. Leadership maintains clear communication across the entire organization. With employees, there are numerous pathways for advancement, whether in administrative roles, teaching, or policy development. It’s a truly fulfilling place to work. Collaborative teams and excellent resources help me thrive every day.

Economic Development Growth Engine Overview

Website
www.growth-engine.org
Founded In
2011
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
100 Peabody Pl Memphis Tennessee TN 38103
Revenue
<$5 Million
Phone Number
+1 9016141099
Social Media
About Economic Development Growth Engine
Created in 2011to strengthen and streamline the City of Memphis and Shelby County economic development efforts, Economic Development Growth Engine (EDGE) offers a variety of programs to enhance local economic prosperity. EDGE-approved projects are projected to create and retain 10,000 jobs with $2.4 billion of new investment, $313 million of contracts for MWBEs/LOSBs and nearly $750 million in tax

What Benefits Does Economic Development Growth Engine Offer Beyond Salary?

A competitive compensation package is more than just a salary. Economic Development Growth Engine 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 Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at Economic Development Growth Engine.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from Economic Development Growth Engine, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Economic Development Growth Engine salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Economic Development Growth Engine

1. What is the typical salary range (low to high) for most roles at Economic Development Growth Engine?

The typical annual salary range for most roles at Economic Development Growth Engine is approximately from $69,918 to $91,491. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Economic Development Growth Engine pay compared to The Barrio Planta Project?

The average annual salary at Economic Development Growth Engine is $79,964, or an hourly wage of $38, in comparison to The Barrio Planta Project which pays $91,715 per year or $44 per hour.

3. Do salaries differ significantly between departments at Economic Development Growth Engine?

Yes, salaries often differ between departments at Economic Development Growth Engine due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Economic Development Growth Engine?

Experience level is a significant factor in determining salary at Economic Development Growth Engine, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Economic Development Growth Engine in Memphis is fair given the local cost of living?

To determine if a salary offer from Economic Development Growth Engine in Memphis is fair, first compare the gross salary to our data for similar roles at Economic Development Growth Engine and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Memphis" to understand its purchasing power.

6. What factors influence salary increases at Economic Development Growth Engine?

Salary increases at Economic Development Growth Engine are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.