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2024 Compare Cities Economy:
Excelsior, MN vs Novi, MI

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Highlights
- Household income in Novi, is 14% more than it is in Excelsior and is 31% above the National Average.
- Excelsior unemployment rate is 4.2%.
- Novi unemployment rate is 2.4%.

Economy
 Excelsior, MNNovi, MIUnited States
 Unemployment Rate4.2%2.4%6.0%
 Recent Job Growth1.8%0.3%1.6%
 Future Job Growth36.9%41.1%33.5%
 Sales Taxes7.5%6.0%6.2%
 Income Taxes7.1%4.3%4.6%
 Income per Cap.$71,026$55,807$37,638
 Household Income$88,000$100,311$69,021
 Family Median Income$107,404$127,577$85,028
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 Est. Households By Income
 Excelsior, MNNovi, MIUnited States
 Income Less Than 15K8.9%4.0%9.4%
 Income between 15K and 20K3.1%1.2%3.8%
 Income between 20K and 30K4.3%5.9%8.1%
 Income between 30K and 40K4.4%6.4%8.0%
 Income between 40K and 50K6.0%6.0%7.6%
 Income between 50K and 60K4.6%5.3%7.2%
 Income between 60K and 75K13.6%9.4%9.6%
 Income between 75K and 100K8.4%11.7%12.8%
 Income between 100K and 150K16.2%20.3%16.3%
 Income between 150K and 200K6.8%10.5%7.8%
 Income greater than 200K23.7%19.4%9.5%
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 Population By Occupation
 Excelsior, MNNovi, MIUnited States
 Management, business, finance26.3%24.8%16.4%
 Engineering, computers, science1.4%18.7%6.5%
 Community, social services1.8%0.9%1.8%
 Legal2.7%1.3%1.2%
 Education, library4.2%4.6%6.2%
 Arts, design, media, sports, entertainment1.7%2.2%2.0%
 Healthcare practitioners and technology4.6%7.9%6.2%
 Healthcare support0.9%1.6%3.3%
 Firefighters, law enforcement1.2%0.8%2.1%
 Food preparation, serving3.2%4.5%5.4%
 Building maintenance2.5%1.7%3.6%
 Personal care4.6%2.6%2.6%
 Sales, office, administrative support19.8%18.6%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair12.3%2.7%8.1%
 Production, transportation, material moving12.7%7.0%13.1%

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Reviews for Excelsior    2 Reviews

Over 17 years ago

great place to  More

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Over 17 years ago

...but on a beautiful Lake Minnetonka, the climate is great for summer lake activities and winter lake activities like  More

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Reviews for Novi    5 Reviews

Over 14 years ago

We moved in here in Dec'06 and bought a nice villa condo in Island Lake of Novi. It is a nice sub and enjoy living here. There are nice shopping and recreation  More

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Over 15 years ago

Spring is beautiful, mild days, cool nights; Summer can be mild to very hot with moderate to high humidity; Autumn is mild usually until the end of October; Winters can  More

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Overall, Novi is a great place for those who are looking for a city that has the advantages of a very big city (good night life, many restaurants/coffee shops/ect.,  More

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ZIPS IN EXCELSIOR, MINNESOTA
No Zip Codes Here.
ZIPS IN NOVI, MICHIGAN
48375 48377 48374

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