2024 Compare Cities Economy:
Novi, MI vs Cape Coral, FL

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Highlights
- Household income in Cape Coral, is 35% less than it is in Novi and is 6% below the National Average.
- Novi unemployment rate is 2.4%.
- Cape Coral unemployment rate is 4.6%.
 Novi, MICape Coral, FLUnited States
 Unemployment Rate2.4%4.6%6.0%
 Recent Job Growth0.3%1.9%1.6%
 Future Job Growth41.1%41.0%33.5%
 Sales Taxes6.0%6.5%6.2%
 Income Taxes4.3%0.0%4.6%
 Income per Cap.$55,807$34,586$37,638
 Household Income$100,311$65,282$69,021
 Family Median Income$127,577$74,656$85,028
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 Est. Households By Income
 Novi, MICape Coral, FLUnited States
 Income Less Than 15K4.0%7.6%9.4%
 Income between 15K and 20K1.2%2.3%3.8%
 Income between 20K and 30K5.9%8.7%8.1%
 Income between 30K and 40K6.4%8.5%8.0%
 Income between 40K and 50K6.0%9.1%7.6%
 Income between 50K and 60K5.3%9.4%7.2%
 Income between 60K and 75K9.4%11.2%9.6%
 Income between 75K and 100K11.7%15.4%12.8%
 Income between 100K and 150K20.3%17.2%16.3%
 Income between 150K and 200K10.5%5.4%7.8%
 Income greater than 200K19.4%5.2%9.5%
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 Population By Occupation
 Novi, MICape Coral, FLUnited States
 Management, business, finance24.8%13.7%16.4%
 Engineering, computers, science18.7%4.1%6.5%
 Community, social services0.9%0.8%1.8%
 Legal1.3%0.8%1.2%
 Education, library4.6%4.2%6.2%
 Arts, design, media, sports, entertainment2.2%1.6%2.0%
 Healthcare practitioners and technology7.9%6.6%6.2%
 Healthcare support1.6%2.5%3.3%
 Firefighters, law enforcement0.8%2.2%2.1%
 Food preparation, serving4.5%7.4%5.4%
 Building maintenance1.7%5.0%3.6%
 Personal care2.6%3.0%2.6%
 Sales, office, administrative support18.6%26.0%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair2.7%11.0%8.1%
 Production, transportation, material moving7.0%10.9%13.1%
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 Cape Coral    48 Reviews

95% of Cape Coral is a lifeless & soulless money-making area, yet the local hypocrisy goes as far as blaming every issue on the recent hurricane, which one has literally  More

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Over 6 years ago

I moved to the area from Bradenton/Sarasota area. Lived here since 2003. My youngest has been in day care all the way to a sophomore in high school now. Schools are  More

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Over 9 years ago

Growing community with lots of land.   More

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