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2024 Compare Cities Economy:
Novi, MI vs Madison, AL

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Highlights
- Household income in Madison, is 5% more than it is in Novi and is 34% above the National Average.
- Novi unemployment rate is 2.4%.
- Madison unemployment rate is 1.8%.

Economy
 Novi, MIMadison, ALUnited States
 Unemployment Rate2.4%1.8%6.0%
 Recent Job Growth0.3%3.6%1.6%
 Future Job Growth41.1%43.6%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes4.3%5.0%4.6%
 Income per Cap.$55,807$48,070$37,638
 Household Income$100,311$105,335$69,021
 Family Median Income$127,577$129,264$85,028
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 Est. Households By Income
 Novi, MIMadison, ALUnited States
 Income Less Than 15K4.0%4.3%9.4%
 Income between 15K and 20K1.2%2.6%3.8%
 Income between 20K and 30K5.9%3.2%8.1%
 Income between 30K and 40K6.4%4.3%8.0%
 Income between 40K and 50K6.0%7.9%7.6%
 Income between 50K and 60K5.3%6.8%7.2%
 Income between 60K and 75K9.4%6.9%9.6%
 Income between 75K and 100K11.7%12.2%12.8%
 Income between 100K and 150K20.3%20.8%16.3%
 Income between 150K and 200K10.5%17.8%7.8%
 Income greater than 200K19.4%13.2%9.5%
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 Population By Occupation
 Novi, MIMadison, ALUnited States
 Management, business, finance24.8%21.3%16.4%
 Engineering, computers, science18.7%23.3%6.5%
 Community, social services0.9%2.1%1.8%
 Legal1.3%0.9%1.2%
 Education, library4.6%5.5%6.2%
 Arts, design, media, sports, entertainment2.2%2.1%2.0%
 Healthcare practitioners and technology7.9%8.0%6.2%
 Healthcare support1.6%0.5%3.3%
 Firefighters, law enforcement0.8%1.8%2.1%
 Food preparation, serving4.5%2.8%5.4%
 Building maintenance1.7%1.7%3.6%
 Personal care2.6%1.3%2.6%
 Sales, office, administrative support18.6%15.8%20.9%
 Farming, fishing, forestry0.2%0.2%0.6%
 Construction, extraction, maintenance/repair2.7%3.5%8.1%
 Production, transportation, material moving7.0%9.2%13.1%

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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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Reviews for Madison    11 Reviews

My wife and I moved from Atlanta, GA area in 2016 when I retired. We have now lived in Huntsville for 4 years and now in Madison for almost 4 years. We were thinking  More

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Low crime. Traffic not too bad even during peak times. Covert classim and racism. A stick with our own mentality. Not very diverse primarily just blacks and whites.  More

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Madison is nice. The schools are excellent, which is why we chose to live here. The job market is good for anyone with an engineering degree or ex military, but for  More

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ZIPS IN NOVI, MICHIGAN
48375 48377 48374
ZIPS IN MADISON, ALABAMA
35758 35756

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