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Business /Economic Development Representative III Salary in Maryland

How much does a Business /Economic Development Representative III make in Maryland?

As of August 01, 2026, the average salary for a Business /Economic Development Representative III in Maryland is $96,000 per year, which breaks down to an hourly rate of $46.

However, a Business /Economic Development Representative III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $125,230
  • Majority Range (25th-75th percentile): $86,200 to $111,300
  • Entry-Level (10th percentile): $77,278
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View as table View as graph 25% $86,200 10% $77,278 90% $125,230 75% $111,300 $96,000 50%(Median) Didn’t find job title? Click

Business /Economic Development Representative III Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $111,300 $9,275 $2,140 $54
Average $96,000 $8,000 $1,846 $46
25th Percentile $86,200 $7,183 $1,658 $41
Check out Business /Economic Development Representative III Job Openings in Maryland
GTM Development Representative III

ZoomInfo - Bethesda, MD

Business Development Representative

Center for Sleep and Wake Disorders - Chevy Chase, MD

Business Development Representative

United Woundcare Institute - Gaithersburg, MD

Business Development Representative

United Woundcare Institute - Baltimore, MD

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Key Factors That Influence Business /Economic Development Representative III Salaries

A Business /Economic Development Representative III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.

How Experience Level Affects Business /Economic Development Representative Salaries?

Experience is a primary driver of a Business /Economic Development Representative III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Business /Economic Development Representative II (2-4 years): $80,015
  • Business /Economic Development Representative III (4-7 years): $95,947
  • Business /Economic Development Representative IV (7+ years): $112,503
  • Business /Economic Development Representative IV (7-10 years): $134,705
  • Community Development Relationship Manager I (10+ years): $131,156
Job Role Years of Experience Average Salary
Business /Economic Development Representative II2-4 years$80,015
Business /Economic Development Representative III4-7 years$95,947
Business /Economic Development Representative IV7+ years$112,503
Business /Economic Development Representative IV7-10 years$134,705
Community Development Relationship Manager I10+ years$131,156
$80,015 Business ...
$95,947 Business ...
$112,503 Business ...
$134,705 Business ...
$131,156 Community...
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What Am I Worth?

Top Paying Cities for Business /Economic Development Representative IIIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Owings: $98,800
  • Riverdale: $102,400
  • College Park: $102,300

Business /Economic Development Representative III Salary by Company Size: Startups vs. Enterprise

Business /Economic Development Representative III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $104,738. While startup companies pay approximate $88,658.

Business /Economic Development Representative III Salary by Company Size

Company Size Employees Average Salary
Startup1~50$88,658
Growth Stage51~500$93,763
Established501~5000$101,141
Enterprise5000+$104,738

Business /Economic Development Representative III Salary by Industry: Top Paying Sectors

For Business /Economic Development Representative III roles, the industry you choose can affect earning potential by as much as 30% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Healthcare sectors offer the strongest compensation, at 15% above the average. In contrast, Business /Economic Development Representative positions in Business Services or Insurance typically offer lower base pay, as these industries often view Business /Economic Development Representative III as a support function rather than a direct revenue driver.

The top paying industries for a Business /Economic Development Representative III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$110,400$53.015%
Healthcare$100,800$48.05%

Business /Economic Development Representative III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Business /Economic Development Representative III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$86,200
Average $96,000/year
$111,300
$7,183
Average $8,000/month
$9,275
$1,658
Average $1,846/week
$2,140
$41
Average $46/hour
$54
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $111,300 $9,275 $2,140 $54
Average $96,000 $8,000 $1,846 $46
25th Percentile $86,200 $7,183 $1,658 $41

Business /Economic Development Representative III Salary Growth & Career Path

Business /Economic Development Representative III
Business /Economic Development Representative IV
Vice President of Community Outreach and Development

For a Business /Economic Development Representative III, the most direct path to higher earnings is advancing to the Business /Economic Development Representative IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $112,600 - a projected growth of 17% over your current level.

Salaries of jobs related to Business /Economic Development Representative III

Find Your Next Business /Economic Development Representative III Job

Ready to take the next step in your career? Browse thousands of current Business /Economic Development Representative III job openings on our job board. Use the search bar below to find your perfect match.

United States

  • Hd Trade Services

    Columbia, MD

    Business Development Representative

    Hd Trade Services | Columbia, MD

    Business Development Representative. Zentail is an e-commerce operations platform with one mission: to make e-commerce simple. Your responsibility as a Bus... more

    2 Days Ago

  • Sage Title Group, LLC

    Bel Air, MD

    Business Development Representative

    Sage Title Group, LLC | Bel Air, MD

    Business Development Representative. Under the direct supervision of the Title Branch Manager, the Business Development Representative conducts real estate... more

    2 Days Ago

  • Lightbridge Solutions

    Baltimore, MD

    Business Development Representative

    Lightbridge Solutions | Baltimore, MD

    Job Description :Lightbridge Solutions has an immediate need for a results-driven and ambitious Business Development Representative (BDR) to identify and c... more

    3 Days Ago

  • Sonepar Group

    Upper Marlboro, MD

    Business Development Representative

    Sonepar Group | Upper Marlboro, MD

    Business Development Representative. The Business Development Representative (BDR) helps turn interest into action by connecting new and prospective custom... more

    3 Days Ago

  • Tate Engineering Systems INC

    Halethorpe, MD

    Business Development Representative

    Tate Engineering Systems INC | Halethorpe, MD

    Job Description. Job Description. Description. The Business Development Representative (BDR) maximizes sales, profitability, growth and penetration for all... more

    4 Days Ago

  • Huffman Family Brands

    Calvert, MD

    Business Development Representative

    Huffman Family Brands | Calvert, MD

    Job Description. Job Description. Description. At Huffman Family Brands, we grow people BIG and small. HFB is rooted in providing exceptional experiences w... more

    4 Days Ago

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Cost of Living In Maryland

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