Indiana Economic Development Noblesville Site Selection

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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Amy Smith

ECONOMIC DEVELOPMENT MANAGER

Office: 317-776-6345 x2104

Email: asmith@noblesville.in.gov

Connect with Amy 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

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-yr Degree

18.9%

Education 2

2-Year Degree

9.0%

Education

4-Year Degree

24.0%

Internship

Postgrad Degree

12.1%

Mile lightgray

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-yr 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

$104,222

Home 1

Median Home Value

$365,705

Classroom

High School Equivalent

16.9%

University

Less than 2-yr Degree

18.5%

Education 2

2-Year Degree

8.8%

Education

4-Year Degree

37.0%

Internship

Postgrad Degree

15.5%

Nbcity

Source: JobsEQ

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

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

Regional Employers

Noblesville, strategically located in Central Indiana, stands out as a hub for high-skill industries and a robust economy. Its prime location makes it an ideal choice for businesses pursuing growth and innovation. Attracting top talent, the region nurtures new ventures and supports the expansion of existing businesses, resulting in job creation, increased investment, and overall prosperity. This synergistic relationship between talent and opportunity drives Noblesville forward, solidifying 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.

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 site selection - higher education
Purdue jpg
Purdue University

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

Ball state jpg
Ball State University

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

Purdue jpg
Purdue University-Indianapolis

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

Iu jpg
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

Butler jpg
Butler University

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

Iwu jpg
Indiana Wesleyan University

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

Mu jpg
Marian University

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

Taylor university jpg
Taylor University

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

Anderson u jpg
Anderson University

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

Lincoln tech jpg
Lincoln Tech

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

Indy jpg
University of Indianapolis

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

Ivy tech jpg
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.

Available Properties

Noblesville Site Selection

Discover the ideal site for a business in 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!

Noblesville site selection

View Available Properties

Testimonials

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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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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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Originally from Chicago, the whole business environment in central Indiana is much nicer. Everything from working with the local officials, the tax incentives, the cost of living, quality of life, everything here. We worked with the economic development people; they helped us identify a building in an amazing location. If I were talking to another CEO looking to relocate a business, it’s easy to say, Come to Noblesville. Let’s start with the fact that there are no negatives. It’s such an easy place; there’s no crime, the taxes are low, there’s never a rush hour, and a lot of advantages.

Andy Elsbury
Founder and President
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We could not be more excited to partner with the City of Noblesville to bring a first-class, transformational development to the Pleasant Street Corridor, a project that all residents can be proud of and enjoy. Noblesville is a thriving, vibrant community that myself and many of our employees and executives are proud to call home.

Jerry Collins
Chairman Emeritus and Principal
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Evolution Motion Solutions 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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We could certainly tell that Noblesville had big plans. We’ve seen the entire area develop remarkably, and we still feel the kind of support that we felt back in 2006 when we moved here … The NED team is critical to our success. The top criteria that have made the partnership between our site and the area so successful would be safety for employees, access to talent, and being able to source them from this region.

Chad Miller
Site Leader
GE Healthcare
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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