As of April 01, 2026, the average annual salary for Economic Development in New Jersey is $85,243, equivalent to $41 per hour, $1,639 weekly, or $7,104 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Economic Development in cities like Santa Clara, San Jose, and Fremont.

Annually Salaries for Economic Development in New Jersey vary widely, spanning from $68,980 to $95,543. Most professionals fall between the 25th percentile ($76,731) and 75th percentile ($90,635), while top earners (90th percentile) make $95,543 per year. This $13,904 pay gap underscores opportunities for salary growth through certifications, specialized skills like Analysis or Forecasting, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, New Jersey Economic Development often earn 8.4% higher than national averages due to demand from Fortune 34 companies. However, New Jersey currently ranks 5 nationwide for Economic Development job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.

Based on HR-reported data: a national average with a geographic differential
Economic Development Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Economic Development Salary $68,980 NJ April 01, 2026
25th Percentile Economic Development Salary $76,731 NJ April 01, 2026
50th Percentile Economic Development Salary $85,243 NJ April 01, 2026
75th Percentile Economic Development Salary $90,635 NJ April 01, 2026
90th Percentile Economic Development Salary $95,543 NJ April 01, 2026
25% $76,731 10% $68,980 90% $95,543 75% $90,635 $85,243 50%(Median) Didn’t find job title? Click
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Check out Economic Development jobs in New Jersey

Hybrid Government Accountant: Grants & GAAP

New Jersey Economic Development Authority - Trenton, NJ

Accountant

New Jersey Economic Development Authority - Trenton, NJ

Grants & GAAP Accountant (Hybrid)

New Jersey Economic Development Authority (NJEDA) - Trenton, NJ

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Economic Development

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $89,909 Date Updated April 01, 2026
Location Bergenfield, NJ Avg. Salary $90,623 Date Updated April 01, 2026
Location Bloomfield, NJ Avg. Salary $90,703 Date Updated April 01, 2026
Location East Brunswick, NJ Avg. Salary $89,488 Date Updated April 01, 2026
Location Hoboken, NJ Avg. Salary $92,013 Date Updated April 01, 2026
Location Irvington, NJ Avg. Salary $89,909 Date Updated April 01, 2026
Location Lakewood, NJ Avg. Salary $88,313 Date Updated April 01, 2026
Location Middlesex, NJ Avg. Salary $89,274 Date Updated April 01, 2026
Location Passaic, NJ Avg. Salary $90,703 Date Updated April 01, 2026
Location Union, NJ Avg. Salary $89,909 Date Updated April 01, 2026
Job Openings for Economic Development in New Jersey

Career Path for this job

  1. This Job:

    Economic Development

    2 - 4 years experience
    Bachelor's Degree

  2. Up a level:

    Economics Analyst II

    4 - 7 years experience
    Bachelor's Degree

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