The Economic Development Group Ltd Salary

The Economic Development Group Ltd Salary

How much does the The Economic Development Group Ltd Pay for employees?

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As of August 2026, the average annual salary for employees at The Economic Development Group Ltd in the United States is $80,597. This translates to an approximate hourly wage of $39. Salaries at The Economic Development Group Ltd typically range from $70,477 to $92,222 annually, reflecting the diverse roles and experience levels within the company. The Economic Development Group Ltd’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does The Economic Development Group Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at The Economic Development Group Ltd. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at The Economic Development Group Ltd

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

Is The Economic Development Group Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does The Economic Development Group Ltd’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
120k
100k
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Average Salary ($/year)
The Economic Development Group Ltd
Edu., Gov't. & Nonprofit
Albany-Millersburg Economic Development Corp
Catholic Club
Industry Comparison
Our data shows that, on average, compensation at The Economic Development Group Ltd is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared The Economic Development Group Ltd average annual salary with several similar companies. The Economic Development Group Ltd average salary of $80,597 is lower than Albany-Millersburg Economic Development Corp, which has an average salary of $83,667. It is higher than Catholic Club, with their average salary at $79,859. This places The Economic Development Group Ltd in a mid-range position among its peers.
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How The Economic Development Group Ltd's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at The Economic Development Group Ltd

Considering a career at The Economic Development Group Ltd? 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.
Meaningful projects and public service focus inspire employees to contribute their best every day. Staff are helpful, always available for follow-up. You know what to expect each day, which is great for predictability, but it rarely feels exciting or impactful. Benefits are comprehensive, including wellness programs that promote health and balance. The health insurance benefits are comprehensive a...
Commented in May 07, 2025
20
2
Every employee I’ve interacted with has been courteous, professional, and knowledgeable. Professional development is well-supported with frequent training sessions and mentorship. It’s a core value that defines our operational ethos and builds trust. Leadership promotes transparency and collaboration. Mission-driven environment with passionate coworkers. It’s a place where you can genuinely make a...
Commented in October 29, 2024
16
3
Support is not consistent, although sometimes it take time. The mission is important, but some policies feel unnecessarily complex or outdated. The organization supports professional development and maintains clear communication channels. Interactions have been mostly smooth with occasional delays. This company emphasizes employee growth through comprehensive training and mentorship opportunities.
Commented in January 03, 2024
48
3

The Economic Development Group Ltd Overview

Website
www.tifillinois.com
Founded In
1999
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
1701 Clearwater Ave Bloomington Illinois IL 61704
Revenue
<$5 Million
Phone Number
+1 3096647777
Social Media
About The Economic Development Group Ltd
The Economic Development Group, Ltd., (EDG), was established in 1999 to provide technical assistance and administrative support to local officials and developers in establishing TIF Districts. EDG was founded by Thomas N. Jacob, whose law firm had been advising communities' economic development strategies since 1979. In 2009, the law firm of Jacob & Klein, Ltd., was established by the merging of t

What Benefits Does The Economic Development Group Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Economic Development Group Ltd 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 Bloomington?

Understanding the cost of living near Bloomington is key to truly evaluating a salary offer or your current compensation at The Economic Development Group Ltd.
Bloomington's Cost of Living Index is approximately 88.5 (11.5% less expensive than US average; 5.6% less than IL average). Central IL city (paired with Normal), affordable housing. Connect Transit. When planning your budget based on a salary from The Economic Development Group Ltd, 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 The Economic Development Group Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Connect Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,080 - $3,330+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Economic Development Group Ltd

1. How much does a The Economic Development Group Ltd employee make?

The Economic Development Group Ltd pays its employees an average of $80,597 per year. The average salary at The Economic Development Group Ltd range from $70,477 to $92,222 per year. 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. Which similar company tend to pay more or less than The Economic Development Group Ltd?

The salary at The Economic Development Group Ltd is lesser than the similar company. The average annual salary at The Economic Development Group Ltd is $80,597, or an hourly wage of $39, in comparison to Albany-Millersburg Economic Development Corp which pays $83,667 per year or $40 per hour.

3. How much does a President typically earn at The Economic Development Group Ltd?

A President at The Economic Development Group Ltd typically earns an average annual base salary of around $623,894, with a general range of $474,661 to $795,666.

4. Do employees with advanced degrees (Master's, PhD) earn more at The Economic Development Group Ltd?

In many roles at The Economic Development Group Ltd, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Bloomington affect the perceived value of a The Economic Development Group Ltd salary?

Bloomington's Cost of Living Index is approximately 88.5 (11.5% less expensive than US average; 5.6% less than IL average). This significantly impacts the purchasing power of a salary from The Economic Development Group Ltd based there. Our "Cost of Living Insights for Bloomington" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does The Economic Development Group Ltd typically offer employees?

The Economic Development Group Ltd generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at The Economic Development Group Ltd" section on this page.

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