2025 Compare Cities Economy:
Novi, MI vs Homewood, IL

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Highlights
- Household income in Homewood, is 18% less than it is in Novi and is 16% above the National Average.
- Novi unemployment rate is 2.4%.
- Homewood unemployment rate is 8.4%.
 Novi, MIHomewood, ILUnited States
 Unemployment Rate  Unlock8.4%6.0%
 Recent Job Growth  Unlock-0.2%1.6%
 Future Job Growth41.1%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$55,807  Unlock$37,638
 Household Income  Unlock$81,940$69,021
 Family Median Income$127,577  Unlock$85,028
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 Est. Households By Income
 Novi, MIHomewood, ILUnited States
 Income Less Than 15K  Unlock5.9%9.4%
 Income between 15K and 20K1.2%  Unlock3.8%
 Income between 20K and 30K  Unlock8.6%8.1%
 Income between 30K and 40K6.4%  Unlock8.0%
 Income between 40K and 50K  Unlock6.1%7.6%
 Income between 50K and 60K5.3%  Unlock7.2%
 Income between 60K and 75K  Unlock9.0%9.6%
 Income between 75K and 100K11.7%  Unlock12.8%
 Income between 100K and 150K  Unlock20.6%16.3%
 Income between 150K and 200K10.5%  Unlock7.8%
 Income greater than 200K  Unlock7.0%9.5%
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 Population By Occupation
 Novi, MIHomewood, ILUnited States
 Management, business, finance24.8%  Unlock16.4%
 Engineering, computers, science  Unlock4.4%6.5%
 Community, social services0.9%  Unlock1.8%
 Legal  Unlock1.2%1.2%
 Education, library4.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.2%2.0%
 Healthcare practitioners and technology7.9%  Unlock6.2%
 Healthcare support  Unlock2.4%3.3%
 Firefighters, law enforcement0.8%  Unlock2.1%
 Food preparation, serving  Unlock5.6%5.4%
 Building maintenance1.7%  Unlock3.6%
 Personal care  Unlock1.9%2.6%
 Sales, office, administrative support18.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair2.7%  Unlock8.1%
 Production, transportation, material moving  Unlock14.0%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 Homewood    2 Reviews

Over 12 years ago

Homewood used to be a nice place to live but now there are alot of burglaries and the police isn't doing much about  More

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Even though I've left the Chicago area to move out west, I won't forget about where I was born & raised - Home Sweet Homewood! As part of the oft-overlooked Southern  More

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