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2024 Compare Cities Economy:
Novi, MI vs Peoria, IL

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Highlights
- Household income in Peoria, is 47% less than it is in Novi and is 29% below the National Average.
- Novi unemployment rate is 2.4%.
- Peoria unemployment rate is 9.0%.

Economy
 Novi, MIPeoria, ILUnited States
 Unemployment Rate2.4%9.0%6.0%
 Recent Job Growth0.3%1.5%1.6%
 Future Job Growth41.1%17.4%33.5%
 Sales Taxes6.0%9.0%6.2%
 Income Taxes4.3%5.0%4.6%
 Income per Cap.$55,807$35,232$37,638
 Household Income$100,311$53,568$69,021
 Family Median Income$127,577$74,081$85,028
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 Est. Households By Income
 Novi, MIPeoria, ILUnited States
 Income Less Than 15K4.0%15.5%9.4%
 Income between 15K and 20K1.2%5.4%3.8%
 Income between 20K and 30K5.9%9.5%8.1%
 Income between 30K and 40K6.4%9.1%8.0%
 Income between 40K and 50K6.0%7.6%7.6%
 Income between 50K and 60K5.3%7.6%7.2%
 Income between 60K and 75K9.4%10.2%9.6%
 Income between 75K and 100K11.7%9.6%12.8%
 Income between 100K and 150K20.3%12.0%16.3%
 Income between 150K and 200K10.5%6.4%7.8%
 Income greater than 200K19.4%7.1%9.5%
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 Population By Occupation
 Novi, MIPeoria, ILUnited States
 Management, business, finance24.8%14.3%16.4%
 Engineering, computers, science18.7%9.2%6.5%
 Community, social services0.9%2.5%1.8%
 Legal1.3%1.0%1.2%
 Education, library4.6%6.5%6.2%
 Arts, design, media, sports, entertainment2.2%1.7%2.0%
 Healthcare practitioners and technology7.9%9.4%6.2%
 Healthcare support1.6%4.2%3.3%
 Firefighters, law enforcement0.8%2.4%2.1%
 Food preparation, serving4.5%6.8%5.4%
 Building maintenance1.7%4.6%3.6%
 Personal care2.6%2.4%2.6%
 Sales, office, administrative support18.6%18.6%20.9%
 Farming, fishing, forestry0.2%0.4%0.6%
 Construction, extraction, maintenance/repair2.7%4.2%8.1%
 Production, transportation, material moving7.0%11.9%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 Peoria    20 Reviews

Over 3 years ago

In my opinion Peoria is a great city and for it’s size it has a lot of amenities a big city would have such as a ballpark, civic center, many educational options, great  More

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Crime is rampant and you can't even visit parks anymore without fear of some gang drive-by.  More

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I lived in Peoria for nearly three years for work and I miss it terribly. The Peoria metropolitan area is by far one of the most underrated in the country. I think what  More

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ZIPS IN NOVI, MICHIGAN
48375 48377 48374
ZIPS IN PEORIA, ILLINOIS
61604 61614 61615 61603 61605 61606 61602 61625

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