2025 Compare Cities Economy:
Oconomowoc, WI vs Novi, MI

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Highlights
- Household income in Novi, is 5% more than it is in Oconomowoc and is 31% above the National Average.
- Oconomowoc unemployment rate is 3.8%.
- Novi unemployment rate is 2.4%.
 Oconomowoc, WINovi, MIUnited States
 Unemployment Rate  Unlock2.4%6.0%
 Recent Job Growth  Unlock0.3%1.6%
 Future Job Growth33.2%  Unlock33.5%
 Sales Taxes5.1%  Unlock6.2%
 Income Taxes  Unlock4.3%4.6%
 Income per Cap.$46,456  Unlock$37,638
 Household Income  Unlock$100,311$69,021
 Family Median Income$123,313  Unlock$85,028
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 Est. Households By Income
 Oconomowoc, WINovi, MIUnited States
 Income Less Than 15K  Unlock4.0%9.4%
 Income between 15K and 20K4.8%  Unlock3.8%
 Income between 20K and 30K  Unlock5.9%8.1%
 Income between 30K and 40K5.0%  Unlock8.0%
 Income between 40K and 50K  Unlock6.0%7.6%
 Income between 50K and 60K5.9%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K11.7%  Unlock12.8%
 Income between 100K and 150K  Unlock20.3%16.3%
 Income between 150K and 200K13.3%  Unlock7.8%
 Income greater than 200K  Unlock19.4%9.5%
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 Population By Occupation
 Oconomowoc, WINovi, MIUnited States
 Management, business, finance23.5%  Unlock16.4%
 Engineering, computers, science  Unlock18.7%6.5%
 Community, social services2.9%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library5.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.2%2.0%
 Healthcare practitioners and technology6.5%  Unlock6.2%
 Healthcare support  Unlock1.6%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock4.5%5.4%
 Building maintenance2.8%  Unlock3.6%
 Personal care  Unlock2.6%2.6%
 Sales, office, administrative support22.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair4.8%  Unlock8.1%
 Production, transportation, material moving  Unlock7.0%13.1%
Reviews for Oconomowoc    14 Reviews

Oconomowoc is a great place to live and raise a family. The community is strategically located between Milwaukee and Madison, and is surrounded by many lakes and  More

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Over 15 years ago

very  More

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True, winters are TOO LONG in WI, but since I have to live in this state, Oconomowoc (Lake Country in general) is the ONLY place I'd want to live! Besides being a very  More

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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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