Michigan · Census place 59440
Novi city, MI
Quick answer
Novi city has 66,224 residents, ranking #17 of 745 places in Michigan. Median household income is $110,938, the median home is worth $399,100 and median gross rent runs $1,696 a month.
- Population
- 66,224Novi city residents
- Median household income
- $110,938Past 12 months, inflation adjusted
- Median home value
- $399,100Owner-occupied units
- Median gross rent
- $1,696Rent plus utilities, monthly
- Median age
- 39.9 yrsAll residents
- Homeownership rate
- 68%Owner-occupied households
What the numbers mean in Novi city
Housing cost measured against local earnings.
A household earning the Novi city median would spend about 18.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.7% of residents and 68% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Rochester Hills city 76,086
- Southfield city 76,025
- Kalamazoo city 73,132
- Taylor city 62,405
- Dearborn Heights city 62,099
- Pontiac city 61,914
- St. Clair Shores city 58,287
Keep going
More Michigan coverage.