Novi, Michigan 

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Detroit Gifts

Economy in Novi, Michigan

Novi has an unemployment rate of 2.4%. The US average is 6.0%.

Novi has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.

Tax Rates for Novi
- The Sales Tax Rate for Novi is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Novi is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Novi
- The average income of a Novi resident is $44,800 a year. The US average is $28,555 a year.
- The Median household income of a Novi resident is $80,299 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYNovi, MichiganUnited States
  2.4%6.0%
  -10.6%-6.2%
  41.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $46,435$31,177
  $88,667$57,652
  $111,377$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  2.7%6.2%
  23.9%10.4%
  3.4%2.7%
  9.7%11.6%
  2.2%4.1%
  0.7%0.9%
  2.1%2.1%
  4.9%4.7%
  2.6%1.9%
  10.9%6.7%
  0.1%0.1%
  2.8%4.3%
  5.7%9.3%
  14.5%13.8%
  1.5%2.2%
  6.5%7.4%
  3.2%4.9%
  2.6%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Novi    5 Reviews
    I Enjoy Living in Novi - 1/8/2010
    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... Read More

    Start Your Review of Novi


    Range of seasons - 12/27/2009
    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... Read More

    Upper-Middle Class Suburbia - 12/18/2008
    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.,... Read More


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    MAPS OF NOVI, MICHIGAN
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.Novi,Michigan Map
    ZIP CODES IN NOVI, MICHIGAN
    48375 48377 48374


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