Novi has a population of approximately 65,369 and experiences a population change rate of 37.95%. The population density is 2,161.3 / sq mi .
Novi has a population of approximately 65,369 and experiences a population change rate of 37.95%. The population density is 2,161.3 / sq mi .
The median household income for Novi is $100,311, with 26,284 households and an average household size of 2.48.
The median value of a home in Novi is $417,500 with an appreciation rate of 11.40%. 63.45% of housing in the state is owned while 31.76% is rented.
The cost of living in Novi is 133.3 %.
The unemployment rate in Novi is 1.10%, and recent job growth is at 0.83%. Future job growth is projected at 46.67%.
The sales tax rate in Novi is 6.00%, while the income tax rate is 4.25% .
School expenditures in Novi are $15,188, and the school ratio is 17:1.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 32.5 inches per year, with 41.9 inches of snow per year.