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.
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
Chuck Haberman
ASSISTANT DIRECTOR OF ECONOMIC DEVELOPMENT
Office: 317-776-6345 x2102
Email: chaberman@noblesville.in.gov
Amy Smith
Sarah Davis
Labor Stats
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.
Population
2,595,128
Median Age
37.7
Labor Force Size
1,349,619
Cost of Labor
+/- Avg: -5%
Median Household Income
$75,148
Median Home Value
$218,802
High School Equivalent
26.9%
Less than 2-yr Degree
18.9%
2-Year Degree
9.0%
4-Year Degree
24.0%
Postgrad Degree
12.1%
Source: JobsEQ
Labor Shed
Noblesville's prime geographical positioning enables businesses to attract talent from an extended area spanning across Central Indiana.
Population
1,318,218
Median Age
36.8
Labor Force Size
701,933
Cost of Labor
+/- Avg: -5%
Median Household Income
$79,559
Median Home Value
$254,445
High School Equivalent
22.5%
Less than 2-yr Degree
17.3%
2-Year Degree
8.2%
4-Year Degree
28.4%
Postgrad Degree
15.1%
Source: JobsEQ
Noblesville City
Noblesville is an economically innovative community built on a dynamic, job-ready workforce that continues to adapt as industries evolve.
Population
75,934
Median Age
34.4
Labor Force Size
39,463
Cost of Labor
+/- Avg: -5%
Median Household Income
$99,458
Median Home Value
$295,700
High School Equivalent
16.9%
Less than 2-yr Degree
18.5%
2-Year Degree
8.8%
4-Year Degree
37.0%
Postgrad Degree
15.5%
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
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 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
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.
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.
Life Science Innovation
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.
Health Technology
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.
Advanced Manufacturing
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.
Wholesale Trade
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.
Professional, Technical & Financial Services
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.
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.
Purdue University
Total Awards: 28,463
Enrollment: 93,807
Avg Net Price: $14,619
Ball State University
Total Awards 6,518
Enrollment 20,319
Avg Net Price $12,968
Purdue University-Indianapolis
Total Awards 8,172
Enrollment 27,690
Avg Net Price $11,550
*Presplit Aggregate Data
Indiana University-Indianapolis
Total Awards 8,172
Enrollment 27,690
Avg Net Price $11,550
*Presplit Aggregate Data
Indiana University-Kokomo
Total Awards 687
Enrollment 2,995
Avg Net Price $4,446
Butler University
Total Awards 1,800
Enrollment 5,559
Avg Net Price $38,643
Indiana Wesleyan University
Total Awards 4,316
Enrollment 12,870
Avg Net Price $18,808
Marian University
Total Awards 1,063
Enrollment 4,971
Avg Net Price $21,936
Taylor University
Total Awards 475
Enrollment 1,982
Avg Net Price $26,879
Anderson University
Total Awards 403
Enrollment 1,345
Avg Net Price $23,217
Lincoln Tech
Total Awards 526
Enrollment 1,152
Avg Net Price $31,139
University of Indianapolis
Total Awards 1,525
Enrollment 5,325
Avg Net Price $21,527
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.
Featured Developments
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!