Novi township, Michigan 

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Economy in Novi township, Michigan

Novi township has an unemployment rate of 3.3%. The US average is 3.9%.

Novi township 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 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Novi township
- The Sales Tax Rate for Novi township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Novi township 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 township
- The average income of a Novi township resident is $50,683 a year. The US average is $28,555 a year.
- The Median household income of a Novi township resident is $125,000 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYNovi township, MichiganUnited States
  4.1%3.7%
  0.3%1.6%
  38.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $60,385$31,177
  $155,000$57,652
  $146,250$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  5.5%6.2%
  16.4%10.4%
  6.8%2.7%
  20.5%11.6%
  0.0%4.1%
  0.0%0.9%
  0.0%2.1%
  4.1%4.7%
  0.0%1.9%
  5.5%6.7%
  0.0%0.1%
  4.1%4.3%
  5.5%9.3%
  6.8%13.8%
  5.5%2.2%
  4.1%7.4%
  12.3%4.9%
  2.7%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    MAPS OF NOVI TOWNSHIP, MICHIGAN
    ZIP CODES IN NOVI TOWNSHIP, MICHIGAN
    No Zip Codes Here.

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