Noblesville, Indiana Economic Development

Incredible Growth

Since 2020, the City of Noblesville has announced:

Dollars in Development

New Jobs

Residential Units

Sq Ft New Commercial Space

Noblesville Economic Development

Meet The Team

Welcome to Noblesville Economic Development, where innovation meets community growth. With a diverse array of expertise spanning business development, urban planning, marketing, and community engagement, we are committed to driving initiatives that empower local businesses, attract investment, and cultivate a thriving economic ecosystem.

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Our Team

Connect with a member of our team for customized data and valuable information regarding Noblesville’s available properties, incentives, and more.

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Andrew Murray

DIRECTOR OF ECONOMIC DEVELOPMENT

Office: 317-776-6345 x2101

Email: amurray@noblesville.in.gov

Connect with Andrew on LinkedIn

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Chuck Haberman

ASSISTANT DIRECTOR OF ECONOMIC DEVELOPMENT

Office: 317-776-6345 x2102

Email: chaberman@noblesville.in.gov

Connect with Chuck on LinkedIn

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Amy Smith

ECONOMIC DEVELOPMENT MANAGER

Office: 317-776-6345 x2104

Email: asmith@noblesville.in.gov

Connect with Amy on LinkedIn

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Kris Subler

ECONOMIC DEVELOPMENT MANAGER

Office: 317-776-6345 x2105

Email: ksubler@noblesville.in.gov

Connect with Kris on LinkedIn

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Sarah Davis

ADMINISTRATIVE MANAGER

Office: 317-776-6345 x2103

Email: sdavis@noblesville.in.gov

Connect with Sarah on LinkedIn

Noblesville economic development team photo

Labor Stats

Driving Radius
Labor Shed
Noblesville City

60-Mile Driving Radius

Noblesville’s strategic positioning allows for seamless connectivity, opening doors to a wide-reaching potential workforce encompassing both the local labor shed and beyond.

Business retention
Population: 2,595,128
Health tech 2
Median Age: 37.7
Employers
Labor Force Size: 1,349,619
Chart 2
Cost of Labor +/- Avg: -5%
Cost of business
Median Household Income: $75,148
Home 1
Median Home Value: $218,802
Classroom
High School Equivalent: 26.9%
University
Less Than 2-Year Degree: 18.9%
Education 2
2-Year Degree: 9.0%
Education
4-Year Degree: 24.0%
Internship
Postgrad Degree: 12.1%
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Source: JobsEQ

Labor Shed

Noblesville's prime geographical positioning enables businesses to attract talent from an extended area spanning across Central Indiana.

Business retention
Population: 1,318,218
Health tech 2
Median Age: 36.8
Employers
Labor Force Size: 701,933
Chart 2
Cost of Labor +/- Avg: -5%
Cost of business
Median Household Income:$79,559
Home 1
Median Home Value: $254,445
Classroom
High School Equivalent: 22.5%
University
Less Than 2-Year Degree: 17.3%
Education 2
2-Year Degree: 8.2%
Education
4-Year Degree: 28.4%
Internship
Postgrad Degree: 15.1%
Labor shed

Source: JobsEQ

Noblesville City

Noblesville is an economically innovative community built on a dynamic, job-ready workforce that continues to adapt as industries evolve.

Business retention
Population: 75,934
Health tech 2
Median Age: 34.4
Employers
Labor Force Size: 39,463
Chart 2
Cost of Labor +/- Avg: -5%
Cost of business
Median Household Income: $99,458
Home 1
Median Home Value: $295,700
Classroom
High School Equivalent: 16.9%
University
Less Than 2-Year Degree: 18.5%
Education 2
2-Year Degree: 8.8%
Education
4-Year Degree: 37.0%
Internship
Postgrad Degree: 15.5%
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Source: JobsEQ

Labor Shed

Population: 1.2M
Labor Rate & Size: 67.9% / 662k
Median Household Income: $73K
Median Home Value: $221K
Cost of Labor: Unknown
Educational Attainment: Bachelor’s – 187K
Median Age: 36.8

Noblesville labor shed map

Noblesville City

Population: 76K
Labor Rate & Size: 73.4% / 38K
Median Household Income: $89K
Median Home Value: $245K
Cost of Labor: Unknown
Educational Attainment: Bachelor’s – 13K
Median Age: 34.4

City of noblesville map

Driving Radius – 60mins

Population: 2M
Labor Rate & Size: 67.4% / 1M
Median Household Income: $70K
Median Home Value: $196K
Cost of Labor: Unknown
Educational Attainment: Bachelor’s – 280K
Median Age: 36.8

Noblesville min commute map

Regional Employers

Noblesville, ideally situated in Central Indiana, shines as a hub for high-skill industries and a thriving economy. Its strategic location makes it a top choice for businesses seeking growth and innovation. Drawing in top talent, the region fosters new ventures and supports the expansion of existing businesses, leading to job creation, increased investment, and overall prosperity. This mutually beneficial relationship between talent and opportunity propels Noblesville forward, cementing its status as a dynamic economic powerhouse in Central Indiana. See employers, revenue, and FTE count by Region, County, and City below.

Regional Employer
Elevance Health
Eli Lilly & Co
IU Health
OneAmerica Financial Partners
Allison Transmission
Industry
Insurance
Pharmaceuticals
Healthcare
Finance/Insurance
Automotive Manufacturing
2022 Revenue
$156 Billion
$28.5 Billion
$8.1 Billion
$2.78 Billion
$2.8 Billion
FTE in Indiana
5,000
11,580
35,068
1,708
3,500
County Employer
Allegion
Republic Airways
CNO Financial
OPENLANE, Inc.
Roche Diagnostics
Industry
Hardware Manufacturing
Commercial Airline
Financial Services
Technology
Medical Device Manufacturing
2022 Revenue
$3.3 Billion
$1.3 Billion
$3.6 Billion
$681 Million
$63.2 Billion
FTE in Indiana
1,601
1,900
1,100
750
4,745
City Employer
SMC Corporation
Bastian Solutions
Ambu, Inc.
Gaylor Electric
BorgWarner
Trane Technologies
Industry
Industrial Automation
Material Handling Automation
Medical Device Manufacturing
Electrical Contractor
Automotive/Manufacturing
Medical Device Manufacturing
2022 Revenue
$5.37 Billion
$775 Million
$637 Million
$490 Million
$15.8 Billion
$16 Billion
FTE in Indiana
1,300
650
417
400
246
425

Targeted and Emerging Industries

Noblesville, with its strategic location and forward-thinking approach, is actively targeting and nurturing emerging industries to bolster its economic landscape. Through strategic investments and a pro-business mindset, Noblesville is poised to emerge as a powerhouse in these key sectors, driving economic prosperity and fostering innovation for years to come.

Click on each of the target industries below to see details and local businesses within each industry.

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Life Science Innovation

Health tech

Health Technology

Advanced manufacturing

Advanced Manufacturing

Wholesale trade

Wholesale Trade

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Professional, Technical, & Financial Services

As complex modalities rapidly evolve, the Life Sciences sector in the State of Indiana and the City of Noblesville is experiencing significant growth. The pace of change is unprecedented, leading to record VC financing in the Life Sciences Innovation sector, particularly in gene/cell therapy, Biopharma, and Consumer Health companies.

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Noblesville’s forward-looking strategy emphasizes the interconnected growth of Life Sciences Innovation, Health Technologies, and Advanced Manufacturing in our community. A significant investment has been made by our city toward establishing the Innovation Mile, a 600-acre master-planned district designed to serve as a hub for companies operating in these market sectors.

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Bmed system
Imdeco
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Manufacturing has long been a cornerstone industry in Noblesville, evolving and innovating alongside technological advancements. Our community proudly hosts numerous global manufacturers who continue to invest and expand here. Situated at the heart of the Crossroads of America, Noblesville benefits from its strategic location and seamless access to various transportation modes, making it an ideal hub for manufacturing, exporting, and thriving.

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The Wholesale Trade Industry serves as a vital link in connecting various industries’ supply chains. With its ongoing growth and high demand, the presence of companies in this sector throughout the Midwest is essential. Many of our wholesale businesses rely on intermodal logistics and require convenient regional transportation, both of which are readily available in the state of Indiana and the City of Noblesville.”

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Cable express

The professional, technical, and financial services industry encompasses organizations known for their high level of expertise, education, and skilled workforce. Noblesville is well-suited for this sector, as 80% of our population possesses post-secondary education or higher qualifications. This industry spans various occupations, such as legal, accounting, architecture, engineering, design, computer sciences, advertising, insurance carriers, and more.

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Higher Education

Noblesville sits at the heart of an educational powerhouse, surrounded by top-tier higher education institutions within a 60-minute drive. These academic centers are pivotal in nurturing a skilled workforce, directly influencing the region’s economic vitality and innovation. This synergistic relationship between education and economy positions Noblesville as a beacon of growth and opportunity in the Midwest.

Noblesville 1
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Purdue University

Total Awards 28,463
Enrollment 93,807
Avg Net Price $14,619

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Ball State University

Total Awards 6,518
Enrollment 20,319
Avg Net Price $12,968

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Purdue University-Indianapolis

Total Awards 8,172
Enrollment 27,690
Avg Net Price $11,550
*Presplit Aggregate Data

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Indiana University-Indianapolis

Total Awards 8,172
Enrollment 27,690
Avg Net Price $11,550
*Presplit Aggregate Data

Iu jpg
Indiana University-Kokomo

Total Awards 687
Enrollment 2,995
Avg Net Price $4,446

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Butler University

Total Awards 1,800
Enrollment 5,559
Avg Net Price $38,643

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Indiana Wesleyan University

Total Awards 4,316
Enrollment 12,870
Avg Net Price $18,808

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Marian University

Total Awards 1,063
Enrollment 4,971
Avg Net Price $21,936

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Taylor University

Total Awards 475
Enrollment 1,982
Avg Net Price $26,879

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Anderson University

Total Awards 403
Enrollment 1,345
Avg Net Price $23,217

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Lincoln Tech

Total Awards 526
Enrollment 1,152
Avg Net Price $31,139

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University of Indianapolis

Total Awards 1,525
Enrollment 5,325
Avg Net Price $21,527

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Ivy Tech Community College

Total Awards 31,118
Enrollment 86,100
Avg Net Price $6,806

School
Ivy Tech Community College
Purdue University
Indiana University-Purdue University-Indianapolis*
Ball State University
Indiana Wesleyan University-National & Global
Butler University
University of Indianapolis
Marian University
Indiana University-Kokomo
Lincoln College of Technology-Indianapolis
Taylor University
Anderson University
Awards
31,118
28,463
8,172
6,518
4,316
1,800
1,525
1,063
687
526
475
403
Enrollment
86,100
93,802
27,690
20,319
12,870
5,559
5,325
4,071
2,995
1,152
1,982
1,345
Avg Net Price
$6,806
$14,619
$11,550
$12,968
$18,808
$38,643
$21,527
$21,936
$4,446
$31,139
$26,879
$23,217

*This data represents awards and enrollments at Indiana University Purdue University Indianapolis prior to their institutional split in 2023.

Featured Developments

Noblesville innovation mile 1 1

Innovation Mile

Quick Specs: 
600-acre Master-Planned Innovation District | Expedited Approval Process | Mixed-Use, Flex, Office, Retail, Industrial | I-69 frontage available

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Washington Business Park

Quick Specs: 
140-acre Business Park | Zoned Corporate Campus Planned Development | For Sale, Lease, and BTS options available

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Campus Center

Quick Specs: 
38-acre Brownfield Redevelopment | Over 90,000 sq ft Available | Industrial, Flex, Commercial | Prime Location on 146th St. Corridor

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Deer Creek Business Park

Quick Specs: 
Zoned Industrial/Flex | Building 1: 239,426 sq ft (divisible to 37,563) | BTS site options available | Building 2: up to 320,000 sq ft

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Hyde Park

Quick Specs: 
274-acre Mixed-Use Development | 162-acre Park Amenity Area | Trailways Connected to Hamilton Town Center | Office, Mixed-Use, and Retail

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Cumberland Pointe

Quick Specs: 
56,400 sq ft Spec (Divisible to 28,200) | Industrial, Flex, Commercial | Move-In Ready | For Lease

Available Properties

Discover the ideal space for a business vibrant Noblesville, Indiana. From versatile office suites to prime retail locations and expansive industrial sites, our selection of commercial properties offers endless opportunities for growth and success.

Whether you’re launching a startup, expanding operations, or relocating your established enterprise, Noblesville has the ideal space to meet your needs. Take the next step in your business journey and explore our available properties today!

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View Available Properties

Testimonials

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The Morrell Group was seeking a better representation of the company. A fresh workforce, easy access to expressways, faster internet, and a better infrastructure. Mayor Jensen and the Noblesville Economic Development team assisted with site selection and a developer.

Tim Wilson
Sales & Engineering Manager
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A great decision was made in working with the Mayor’s office and the Noblesville Economic Development team. They were instrumental in making our move a success and were more importantly always accessible.

Kelley Stacy
President & CEO
SMC
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This is a growing community, and Morrell Group is thrilled to be embracing the opportunities our partners and customers have presented us within this new facility.

Mark Garrett
President
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The City of Noblesville and its Economic Development team have been ideal and collaborative partners, who are forward-thinking and critical components to the smart growth of Noblesville.

Patrick Chittenden
Founder

Choose Noblesville

Noblesville is a city where COMMERCE, CULTURE, and COMMUNITY are alive with a vibrancy that intersects at the Heart of It All.

Quality Control

Quality of Life

Noblesville offers a quality of life abundant with local and regional amenities.

Quality Life in Noblesville →

Nature

Recreation

We have multiple bodies of water and trails for the outdoor nature lover.

Recreation in Noblesville

Culture

Culture

With a rich history as one of the oldest and most established cities in Hamilton County, we have an idyllic and unique community. 

Culture in Noblesville →

Healthcare

Healthcare

The City of Noblesville and the State of Indiana are home to several world-renowned healthcare systems.

Healthcare in Noblesville →

Nationally Recognized

Noblesville Schools

Top Talent

Workforce

Crossroads of America

Location

Relocating to Noblesville?

Business Climate

As the 10th largest city in Indiana, Noblesville serves as a regional business, manufacturing, and innovation hub.

Cost Of Business

Cost of Doing Business

Business-focused efforts have helped our community and state grow strong.

Learn About Noblesville Tax Climate →

Incentives

Incentives

Indiana incentives and grants for companies that choose to locate or grow here.

Incentives in Noblesville →

Utility Rates

Utilities & Rates

Noblesville utility costs are surprisingly low compared to the rest of the nation.

Noblesville Utility Rates →

Emerging Industries

Life Science Innovation, Health Technology, and Advanced Manufacturing are just a few of our seven market sectors successfully growing and expanding in our community.

Learn About Noblesville Industries →

Site Selection Aero Blue

Available Properties

Property Search →

What We Do

We are dedicated to serving and growing Noblesville businesses by building long-term partnerships.

Business Retention

Business Retention & Expansion

Noblesville has several initiatives to help grow your business.

Noblesville Business Retention Initiatives →

Employers

Employers

Outstanding employment opportunities draw highly-skilled individuals to our area.

Get to Know Local Employers →

Featured Developments

Noblesville has a diverse collection of new and soon-to-be-developed mixed-use properties for prospective businesses. See an overview of some of our key development projects:

Development Projects in Noblesville →

Discover:

Discover Aero Blue

Washington Business Park

Discover WBP Today →

Discover Aero Blue

East Bank Apartments

Discover EBA Today →