Home > Salary > United Kingdom > Economic Development Specialist
An economic development specialist is a professional who focuses on promoting economic growth and improving the overall economic well-being of a specific region or community. They analyze economic data, identify opportunities for growth, and develop strategies to attract investment and businesses. Economic development specialists often work closely with government agencies, community organizations, and businesses to implement plans and initiatives that stimulate economic activity. They may also assist in the development of policies and programs that support entrepreneurship, workforce development, and infrastructure improvement. Effective communication and collaboration skills are essential in this role, as economic development specialists must engage with various stakeholders and build partnerships to achieve their goals.
Estimated Yearly Salary: 38,265 GBP
Estimated Monthly Salary: 3,189 GBP
Estimated Weekly Salary: 736 GBP per week
Estimated Hourly Salary: 18 GBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,081 GBP
Estimated Weekly Salary: 711 GBP per week
Estimated Hourly Salary: 18 GBP per hour
Last revision of data: 2024-04-21
Estimated Yearly Salary: 45,123 USD
Estimated Monthly Salary: 3,760 USD
Estimated Weekly Salary: 868 USD per week
Estimated Hourly Salary: 22 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
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Estimated Yearly Salary: 38,265 GBP
Estimated Monthly Salary: 3,189 GBP
Estimated Weekly Salary: 736 GBP per week
Estimated Hourly Salary: 18 GBP per hour
By working as Economic Development Specialist a person can save up to 1,805 USD per month or 21,656 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in United Kingdom, see costs of living in United Kingdom.
Estimated Yearly Salary for Economic Development Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Economic Development Specialist salary in United Kingdom
Average Yearly Salary of Economic Development Specialist in United Kingdom is approximately 38,265 GBP (45,123 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Economic Development Specialist do?

Skills: economic development, economic growth, business attraction, community development, strategic planning, policy development
Job industry: Government
Job industry: Government
How much does Economic Development Specialist make?
Salary details
How much does Economic Development Specialist make?Estimated Yearly Salary: 38,265 GBP
Estimated Monthly Salary: 3,189 GBP
Estimated Weekly Salary: 736 GBP per week
Estimated Hourly Salary: 18 GBP per hour
Comparing salary to last year:
Estimated Yearly Salary: 36,968 GBPEstimated Monthly Salary: 3,081 GBP
Estimated Weekly Salary: 711 GBP per week
Estimated Hourly Salary: 18 GBP per hour
Economic Development Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 45,123 USD
Estimated Monthly Salary: 3,760 USD
Estimated Weekly Salary: 868 USD per week
Estimated Hourly Salary: 22 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
The United Kingdom, also known as the UK, is a country located in northwestern Europe. It consists of four countries: England, Scotland, Wales, and Northern Ireland. With a population of approximately 66 million people, it is the fifth-largest economy in the world. The UK covers an area of around 93,600 square miles, making it the 78th largest country by size.
Estimated national average yearly salary is 41,537 GBP (48,890 USD). Value indicated is pre-tax. Below graph shows estimated Economic Development Specialist job salary compared to average salary in United Kingdom.
Comparison shows that a person working as Economic Development Specialist in United Kingdom earns on average:
0.92 times the average salary (or 92% of average salary).
Estimated national average yearly salary is 41,537 GBP (48,890 USD). Value indicated is pre-tax. Below graph shows estimated Economic Development Specialist job salary compared to average salary in United Kingdom.
Comparison shows that a person working as Economic Development Specialist in United Kingdom earns on average:
0.92 times the average salary (or 92% of average salary).
Is Economic Development Specialist a well paid job?
Yes, our data show that Economic Development Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Economic Development Specialist?
High salary for Economic Development Specialist would be somewhere between 42,092 GBP and 55,484 GBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Economic Development Specialist in United Kingdom?
Living in United Kingdom the approximate monthly expenses are: 1,956 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 38,265 GBP
Estimated Monthly Salary: 3,189 GBP
Estimated Weekly Salary: 736 GBP per week
Estimated Hourly Salary: 18 GBP per hour
By working as Economic Development Specialist a person can save up to 1,805 USD per month or 21,656 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in United Kingdom, see costs of living in United Kingdom.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ireland. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Economic Development Specialist
Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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8. Neurosurgeon
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