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2024 Compare Cities Economy:
Novi, MI vs Plano, TX

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Highlights
- Household income in Plano, is 1% less than it is in Novi and is 31% above the National Average.
- Novi unemployment rate is 2.4%.
- Plano unemployment rate is 5.5%.

Economy
 Novi, MIPlano, TXUnited States
 Unemployment Rate2.4%5.5%6.0%
 Recent Job Growth0.3%3.3%1.6%
 Future Job Growth41.1%44.6%33.5%
 Sales Taxes6.0%8.3%6.2%
 Income Taxes4.3%0.0%4.6%
 Income per Cap.$55,807$51,624$37,638
 Household Income$100,311$99,729$69,021
 Family Median Income$127,577$117,513$85,028
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 Est. Households By Income
 Novi, MIPlano, TXUnited States
 Income Less Than 15K4.0%5.1%9.4%
 Income between 15K and 20K1.2%1.2%3.8%
 Income between 20K and 30K5.9%4.5%8.1%
 Income between 30K and 40K6.4%4.5%8.0%
 Income between 40K and 50K6.0%6.2%7.6%
 Income between 50K and 60K5.3%5.9%7.2%
 Income between 60K and 75K9.4%9.0%9.6%
 Income between 75K and 100K11.7%13.7%12.8%
 Income between 100K and 150K20.3%19.8%16.3%
 Income between 150K and 200K10.5%12.6%7.8%
 Income greater than 200K19.4%17.5%9.5%
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 Population By Occupation
 Novi, MIPlano, TXUnited States
 Management, business, finance24.8%25.8%16.4%
 Engineering, computers, science18.7%14.8%6.5%
 Community, social services0.9%1.1%1.8%
 Legal1.3%1.3%1.2%
 Education, library4.6%6.1%6.2%
 Arts, design, media, sports, entertainment2.2%2.2%2.0%
 Healthcare practitioners and technology7.9%5.8%6.2%
 Healthcare support1.6%1.4%3.3%
 Firefighters, law enforcement0.8%1.1%2.1%
 Food preparation, serving4.5%4.0%5.4%
 Building maintenance1.7%2.8%3.6%
 Personal care2.6%2.4%2.6%
 Sales, office, administrative support18.6%21.1%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair2.7%4.4%8.1%
 Production, transportation, material moving7.0%5.7%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 Plano    42 Reviews

I had lived in Plano for over 30 years. It is where I bought my first home as a single woman, where I married, and where I raised my children. I was fortunate enough  More

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We have lived in Plano for 20 years. It has been consistently rated very highly in surveys of best places to live in the US. Pros are the parks system; which includes  More

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Over 3 years ago

I've lived here for a while now. It's wonderful here. There's a ton to do, great jobs, great parks, and pretty good school. It's the perfect  More

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ZIPS IN NOVI, MICHIGAN
48375 48377 48374
ZIPS IN PLANO, TEXAS
75025 75023 75074 75093 75024 75075

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