Indiana Economic Development Noblesville Site Selection

Incredible Growth

Since 2020, the City of Noblesville has announced:

Dollars in development icon
Dollars in Development
$4.0B+
New commercial square footage icon
New Commercial Square Footage
7.4M
New jobs icon
New Jobs
3,073
Residential units icon
Residential Units
7,108

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.

Our Team

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

Andrew Murray
Director of Economic Development
Amy Smith
Sarah Davis
Adrienne Colla
Molly Hochstedler

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.

2-year degree icon
2-Year Degree
9.0%
4-year degree icon
4-Year Degree
24.5%
Cost of labor icon
Cost of Labor
+/- Avg: -3%
High school equivalent icon
High School Equivalent
26.5%
Labor force size icon
Labor Force Size
1,370,064
Median age icon
Median Age
37.2
Median home value icon
Median Home Value
$218,802
Median household income icon
Median Household Income
$75,148
Population icon
Population
2,618,478
Postgrad degree icon
Postgrad Degree
12.8%
Some college icon
Some College
18.4%
60 mile radius

Source: ACS 5-year 2020-2024 (B15001), ages 25-64

Labor Shed

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

2-year degree icon
2-Year Degree
8.6%
4-year degree icon
4-Year Degree
27.5%
Cost of labor icon
Cost of Labor
+/- Avg: -3%
High school equivalent icon
High School Equivalent
23.2%
Labor force size icon
Labor Force Size
888,335
Median age icon
Median Age
36.7
Median home value icon
Median Home Value
$254,445
Median household income icon
Median Household Income
$79,559
Population icon
Population
1,686,62
Postgrad degree icon
Postgrad Degree
15.4%
Some college icon
Some College
17.6%
Labor shed

Source: ACS 5-year 2020-2024 (B15001), ages 25-64

Noblesville City

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

2-year degree icon
2-Year Degree
8.6%
4-year degree icon
4-Year Degree
36.9%
Cost of labor icon
Cost of Labor
+/- Avg: -3%
High school equivalent icon
High School Equivalent
16.6%
Labor force size icon
Labor Force Size
40,459
Median age icon
Median Age
35.9
Median home value icon
Median Home Value
$392,593
Median household income icon
Median Household Income
$104,235
Population icon
Population
76,111
Postgrad degree icon
Postgrad Degree
17.3%
Some college icon
Some College
17.4%
Noblesville city map

Source: ACS 5-year 2020-2024 (B15001), ages 25-64

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

Industry

2022 Revenue

FTE in Indiana

Regional Employer

Elevance Health

Industry

Insurance

2022 Revenue

$156 Billion

FTE in Indiana

5,000

Regional Employer

Eli Lilly & Co

Industry

Pharmaceuticals

2022 Revenue

$28.5 Billion

FTE in Indiana

11,580

Regional Employer

IU Health

Industry

Healthcare

2022 Revenue

$8.1 Billion

FTE in Indiana

35,068

Regional Employer

OneAmerica Financial Partners

Industry

Finance/Insurance

2022 Revenue

$2.78 Billion

FTE in Indiana

1,708

Regional Employer

Allison Transmission

Industry

Automotive Manufacturing

2022 Revenue

$2.8 Billion

FTE in Indiana

3,500

County Employer

Industry

2022 Revenue

FTE in Indiana

County Employer

Allegion

Industry

Hardware Manufacturing

2022 Revenue

$3.3 Billion

FTE in Indiana

1,601

County Employer

Republic Airways

Industry

Commercial Airline

2022 Revenue

$1.3 Billion

FTE in Indiana

1,900

County Employer

CNO Financial

Industry

Financial Services

2022 Revenue

$3.6 Billion

FTE in Indiana

1,100

County Employer

OPENLANE, Inc.

Industry

Technology

2022 Revenue

$681 Million

FTE in Indiana

750

County Employer

Roche Diagnostics

Industry

Medical Device Manufacturing

2022 Revenue

$63.2 Billion

FTE in Indiana

4,745

City Employer

Industry

2022 Revenue

FTE in Indiana

City Employer

SMC Corporation

Industry

Industrial Automation

2022 Revenue

$5.37 Billion

FTE in Indiana

1,300

City Employer

Bastian Solutions

Industry

Material Handling Automation

2022 Revenue

$775 Million

FTE in Indiana

650

City Employer

Ambu, Inc.

Industry

Medical Device Manufacturing

2022 Revenue

$637 Million

FTE in Indiana

417

City Employer

Gaylor Electric

Industry

Electrical Contractor

2022 Revenue

$490 Million

FTE in Indiana

400

City Employer

BorgWarner

Industry

Automotive Manufacturing

2022 Revenue

$15.8 Billion

FTE in Indiana

246

City Employer

Trane Technologies

Industry

Medical Device Manufacturing

2022 Revenue

$16 Billion

FTE in Indiana

425

Targeted & 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.

Additional Community Industries

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

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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

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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

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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

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

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
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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