Novi is a town in Michigan with slightly less than 59,000 residents. The city's population, at an average age of just over 38, is younger than most cities in Michigan. Renters tend to be in the minority in the city, and 65% of residents own their homes. The average rent for Novi is $479 a month more than the state average.
With an average commute time of about 30 minutes, longer than most cities in the state, Novi residents find that it takes some patience traveling to work. Driving a vehicle is the typical mode of getting to work, chosen by 47% of commuters, while public transit is not used. Not many residents walk to work.
There are four primary industries in Novi: manufacturing, healthcare, retail, and scientific. Combined, these industries make up 32% of the city's workforce. Meanwhile, in terms of job function, 11% of the city's population works in management, which ranks as the top profession in the city. With an average annual income of just over $104K, Novi workers earn more than their peers elsewhere in the state. The city's average income also compares favorably to the national average of $73,345. Novi has a large number of residents older than 25 who have advanced degrees compared to the national average (7%), as 16% have earned a Master's or a Doctoral degree. Further, 22% possess a Bachelor's degree, which also outpaces the national average.