2025 Compare Cities Economy:
Novi, MI vs Frankfort, KY

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Highlights
- Household income in Frankfort, is 48% less than it is in Novi and is 33% below the National Average.
- Novi unemployment rate is 2.4%.
- Frankfort unemployment rate is 5.3%.
 Novi, MIFrankfort, KYUnited States
 Unemployment Rate  Unlock5.3%6.0%
 Recent Job Growth  Unlock1.3%1.6%
 Future Job Growth41.1%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock7.8%4.6%
 Income per Cap.$55,807  Unlock$37,638
 Household Income  Unlock$51,731$69,021
 Family Median Income$127,577  Unlock$85,028
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 Est. Households By Income
 Novi, MIFrankfort, KYUnited States
 Income Less Than 15K  Unlock10.0%9.4%
 Income between 15K and 20K1.2%  Unlock3.8%
 Income between 20K and 30K  Unlock10.0%8.1%
 Income between 30K and 40K6.4%  Unlock8.0%
 Income between 40K and 50K  Unlock9.3%7.6%
 Income between 50K and 60K5.3%  Unlock7.2%
 Income between 60K and 75K  Unlock9.6%9.6%
 Income between 75K and 100K11.7%  Unlock12.8%
 Income between 100K and 150K  Unlock13.0%16.3%
 Income between 150K and 200K10.5%  Unlock7.8%
 Income greater than 200K  Unlock2.7%9.5%
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 Population By Occupation
 Novi, MIFrankfort, KYUnited States
 Management, business, finance24.8%  Unlock16.4%
 Engineering, computers, science  Unlock5.5%6.5%
 Community, social services0.9%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library4.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.7%2.0%
 Healthcare practitioners and technology7.9%  Unlock6.2%
 Healthcare support  Unlock3.1%3.3%
 Firefighters, law enforcement0.8%  Unlock2.1%
 Food preparation, serving  Unlock5.4%5.4%
 Building maintenance1.7%  Unlock3.6%
 Personal care  Unlock1.6%2.6%
 Sales, office, administrative support18.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.3%0.6%
 Construction, extraction, maintenance/repair2.7%  Unlock8.1%
 Production, transportation, material moving  Unlock13.1%13.1%
Reviews for Novi    5 Reviews

Over 15 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 16 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 Frankfort    3 Reviews

I was born here at Kings Daughter Hospital. I still have family members living here. Although I haven't lived here in years, I knew the place well and keep up with  More

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I have traveled all over the United States (SC, NY, FL, CO, WY, MO, OH, IN, WV). I've also traveled to other countries (Panama & Canada), and I've never been anywhere  More

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Over 8 years ago

I've lived here for 15 years. Almost all the restaurants are fast food. State government is the dominant workforce and does not pay well, so many businesses open only  More

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