The article deals with theoretical and methodological approaches to determining the subject-object status and involvement of young people in the processes of political, social, and economic development of a municipality. The starting point of the research is the assumption that the traditional approach to youth as a socio-demographic group, distinguished by socio-age and professional characteristics, does not correspond to the current dynamics of political processes occurring in municipalities and regions. From the authors’ point of view, there is a need in a different understanding of the status of youth as an active part of society, which is largely able to solve problems independently. The concept of youth development and the formation of municipal youth policy based on the analysis of conceptual interdisciplinary approaches that determine the subject-object status of youth in the system of youth policy is proposed for discussion. The article substantiates the idea of subjectivity of youth in modern social and political conditions.