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2024 Compare Cities Economy:
Novi, MI vs Milford, MI

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Highlights
- Household income in Milford, is 10% less than it is in Novi and is 24% above the National Average.
- Novi unemployment rate is 2.4%.
- Milford unemployment rate is 3.5%.

Economy
 Novi, MIMilford, MIUnited States
 Unemployment Rate2.4%3.5%6.0%
 Recent Job Growth0.3%0.3%1.6%
 Future Job Growth41.1%38.0%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes4.3%4.3%4.6%
 Income per Cap.$55,807$47,841$37,638
 Household Income$100,311$90,591$69,021
 Family Median Income$127,577$117,179$85,028
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 Est. Households By Income
 Novi, MIMilford, MIUnited States
 Income Less Than 15K4.0%5.6%9.4%
 Income between 15K and 20K1.2%3.2%3.8%
 Income between 20K and 30K5.9%4.1%8.1%
 Income between 30K and 40K6.4%5.3%8.0%
 Income between 40K and 50K6.0%8.3%7.6%
 Income between 50K and 60K5.3%5.6%7.2%
 Income between 60K and 75K9.4%9.5%9.6%
 Income between 75K and 100K11.7%14.7%12.8%
 Income between 100K and 150K20.3%17.7%16.3%
 Income between 150K and 200K10.5%9.7%7.8%
 Income greater than 200K19.4%16.6%9.5%
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 Population By Occupation
 Novi, MIMilford, MIUnited States
 Management, business, finance24.8%17.6%16.4%
 Engineering, computers, science18.7%11.1%6.5%
 Community, social services0.9%2.1%1.8%
 Legal1.3%1.2%1.2%
 Education, library4.6%7.2%6.2%
 Arts, design, media, sports, entertainment2.2%2.7%2.0%
 Healthcare practitioners and technology7.9%6.2%6.2%
 Healthcare support1.6%1.1%3.3%
 Firefighters, law enforcement0.8%2.4%2.1%
 Food preparation, serving4.5%3.7%5.4%
 Building maintenance1.7%5.4%3.6%
 Personal care2.6%2.0%2.6%
 Sales, office, administrative support18.6%26.0%20.9%
 Farming, fishing, forestry0.2%0.0%0.6%
 Construction, extraction, maintenance/repair2.7%3.5%8.1%
 Production, transportation, material moving7.0%7.7%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 Milford    2 Reviews

Over 5 years ago

I grew up here. Almost no crime, surrounded by state and metropolitan parks, decent schools, beautiful downtown that is vibrant considering the population, within  More

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Over 18 years ago

Great hometown  More

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ZIPS IN NOVI, MICHIGAN
48375 48377 48374
ZIPS IN MILFORD, MICHIGAN
No Zip Codes Here.

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