Novi
Novi is significantly wealthier than the US average, with a median household income of $71,918. Population has grown 44% since 1990. 49% of adults hold a bachelor's degree or higher, well above the national rate of 24%. Median home value has risen by half since 1990, reaching $214,600. Poverty is rare here, at 2.2% of residents. Households here earn about 61% more than the Michigan median.
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How many people live in Novi, Michigan?
Novi, Michigan has about 47,386 residents according to the 2000 Census.
What is the median household income in Novi, Michigan?
The typical household in Novi, Michigan earns about $71,918 a year. Half of households make more than that, and half make less.
Is Novi, Michigan expensive?
In Novi, Michigan, the median home is worth about $214,600, and the typical rent is about $817 a month.
How educated are people in Novi, Michigan?
About 49.1% of adults age 25 and over in Novi, Michigan hold a bachelor's degree or higher.
What is the poverty rate in Novi, Michigan?
About 2.2% of people in Novi, Michigan live below the federal poverty line.
Has Novi, Michigan grown since 1990?
Yes, Novi, Michigan has grown since 1990. The population has added about 14,388 residents, a change of about 44 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024