Noblesville, IN Economy


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Noblesville, IN is a small city in Indiana with a population of around 57,000 people. It is home to numerous local businesses such as Dallara IndyCar Factory, Fishers Health and Wellness Center and Convergint Technologies Inc. The overall cost of living in Noblesville is fairly affordable compared to the US average. For example, rent for a 2 bedroom apartment is $1,190 in Noblesville compared to $1,430 in the US. Additionally, the grocery cost index in Noblesville is 97 versus 100 in the US. All these factors make Noblesville an attractive place for people who are looking for modest costs of living while still having access to jobs and other opportunities.

Noblesville has an unemployment rate of 3.2%. The US average is 6.0%.

Noblesville has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 41.9%, which is higher than the US average of 33.5%.

Tax Rates for Noblesville
- The Sales Tax Rate for Noblesville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Noblesville is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Noblesville
- The average income of a Noblesville resident is $31,738 a year. The US average is $28,555 a year.
- The Median household income of a Noblesville resident is $89,258 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNoblesville, IndianaUnited States
  3.26
  -4.7%-6.2%
  41.9%33.5%
  7.0%6.2%
  4.2%4.6%
  $40,223$37,638
  $89,258$69,021
  $106,656$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  5.7%6.8%
  10.8%10.0%
  2.9%2.5%
  12.7%11.0%
  2.6%4.8%
  1.0%0.8%
  2.1%1.9%
  6.5%4.7%
  2.0%1.9%
  8.3%7.6%
  0.4%0.1%
  3.1%4.2%
  9.4%9.3%
  13.8%14.0%
  2.4%2.1%
  8.0%7.0%
  4.9%4.8%
  3.2%4.7%
Reviews for Noblesville
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This Year

Worst decision to have moved here due to poor city planning and unhealthy exposure to industrial toxins. Overbuilding of apts and low end housing lowers surrounding  More

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Over 15 years ago

God Bless Noblesville. My small hometown has blossomed into a great place to live. The recreational opportunities abound. The schools are very nice. The people are  More

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Over 15 years ago

Moving from a place with over 300 days of sunshine per year to this place has been uh... difficult. Most months out of the year you cannot get outside to do anything.  More

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