The median household income in Novi, MI in 2022 was $101,756, which was 34.2% greater than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $71,918 in 2000 this represents an increase of 29.3%. The per capita income in 2022 was $56,818, which means an increase of 36.7% compared to 2000 when it was $35,992.
Whole page based on the data from 2000 / 2022 when the population of Novi, Michigan was 47,386 / 66,375
Income statistics for all residents
Median household income in Novi, MI in 2022:
Novi:
$101,756
Michigan:
$66,986
Change in median household income between 2000 and 2022:
Novi, Michigan:
+41.5%
State:
+50.0%
Number of households with income < $10k:
Novi:
4.3% (1,152)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Novi:
3.5% (952)
State:
7.5% (306,955)
Number of households with income $20k - 30k:
Novi:
3.9% (1,055)
State:
7.9% (324,153)
Number of households with income $30k - 40k:
Novi:
2.5% (664)
State:
8.3% (341,408)
Number of households with income $40k - 50k:
Novi:
4.5% (1,203)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Novi:
5.3% (1,425)
State:
7.5% (305,914)
Number of households with income $60k - 75k:
Novi:
11.5% (3,104)
Michigan:
10.1% (414,440)
Number of households with income $75k - 100k:
Novi:
13.3% (3,583)
Michigan:
13.2% (538,299)
Number of households with income $100k - 125k:
Novi:
10.6% (2,852)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Novi:
8.3% (2,256)
Michigan:
6.7% (273,144)
Number of households with income $150k - 200k:
Novi:
12.0% (3,242)
State:
7.5% (305,077)
Number of households with income > $200k:
Novi:
20.5% (5,541)
State:
8.1% (330,644)
Aggregate household income in Novi in 2022: $3,741,144,400
Median family income in Novi in 2022:
Novi:
$130,241
State:
$85,865
Number of families with income < $10k:
Novi:
0.3% (49)
State:
3.5% (89,010)
Number of families with income $10k - 20k:
Novi:
1.3% (231)
State:
3.9% (100,567)
Number of families with income $20k - 30k:
Novi:
1.4% (255)
State:
5.0% (127,320)
Number of families with income $30k - 40k:
Novi:
2.6% (456)
State:
6.4% (163,565)
Number of families with income $40k - 50k:
Novi:
6.2% (1,100)
Michigan:
6.8% (172,384)
Number of families with income $50k - 60k:
Novi:
4.2% (733)
State:
7.1% (179,870)
Number of families with income $60k - 75k:
Novi:
9.0% (1,584)
Michigan:
10.3% (263,723)
Number of families with income $75k - 100k:
Novi:
9.7% (1,714)
State:
15.0% (383,364)
Number of families with income $100k - 125k:
Novi:
13.4% (2,358)
State:
11.8% (301,751)
Number of families with income $125k - 150k:
Novi:
9.8% (1,724)
Michigan:
8.6% (220,338)
Number of families with income $150k - 200k:
Novi:
13.8% (2,440)
State:
10.2% (259,462)
Number of families with income > $200k:
Novi:
28.3% (5,000)
Michigan:
11.3% (287,206)
Median non-family income in Novi in 2022:
Novi:
$65,200
State:
$40,459
Change in median non-family income between 2000 and 2022:
Novi, Michigan:
+46.1%
State:
+54.5%
Median per capita income in Novi in 2022:
Novi:
$56,818
State:
$38,151
Change in median per capita income between 2000 and 2022:
Novi, Michigan:
+57.9%
State:
+72.1%
Income statistics for White residents
Median household income in Novi, MI in 2022:
Novi:
$88,601
State:
$71,609
Change in median household income between 2000 and 2022:
Novi, Michigan:
+24.2%
State:
+52.9%
Number of households with income < $10k:
Novi:
5.3% (901)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Novi:
4.7% (788)
State:
6.5% (205,547)
Number of households with income $20k - 30k:
Novi:
6.2% (1,055)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Novi:
3.3% (556)
Michigan:
8.1% (257,175)
Number of households with income $40k - 50k:
Novi:
3.3% (552)
Michigan:
7.8% (246,839)
Number of households with income $50k - 60k:
Novi:
4.5% (759)
Michigan:
7.4% (233,723)
Number of households with income $60k - 75k:
Novi:
16.3% (2,753)
State:
10.4% (328,664)
Number of households with income $75k - 100k:
Novi:
12.8% (2,159)
Michigan:
13.6% (431,867)
Number of households with income $100k - 125k:
Novi:
7.2% (1,216)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Novi:
6.2% (1,049)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Novi:
10.5% (1,771)
State:
8.1% (255,445)
Number of households with income > $200k:
Novi:
19.7% (3,329)
State:
8.7% (276,727)
Aggregate household income in Novi in 2022: $2,167,443,400
Median family income in Novi in 2022:
Novi:
$144,027
Michigan:
$90,317
Number of families with income < $10k:
Novi:
1.0% (100)
State:
2.5% (49,508)
Number of families with income $10k - 20k:
Novi:
1.8% (186)
State:
3.2% (64,106)
Number of families with income $20k - 30k:
Novi:
2.1% (218)
State:
4.6% (91,551)
Number of families with income $30k - 40k:
Novi:
6.0% (618)
State:
5.9% (117,356)
Number of families with income $40k - 50k:
Novi:
2.8% (290)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Novi:
3.5% (359)
Michigan:
6.8% (135,883)
Number of families with income $60k - 75k:
Novi:
6.6% (690)
Michigan:
10.5% (209,130)
Number of families with income $75k - 100k:
Novi:
9.6% (997)
State:
15.5% (309,815)
Number of families with income $100k - 125k:
Novi:
8.9% (920)
Michigan:
12.4% (248,235)
Number of families with income $125k - 150k:
Novi:
10.6% (1,099)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Novi:
14.9% (1,550)
State:
11.0% (218,573)
Number of families with income > $200k:
Novi:
32.3% (3,358)
Michigan:
12.0% (239,713)
Median non-family income in Novi in 2022:
Novi:
$60,830
State:
$42,438
Change in median non-family income between 2000 and 2022:
Novi, Michigan:
+41.1%
State:
+56.8%
Median per capita income in Novi in 2022:
Novi:
$60,559
State:
$41,514
Change in median per capita income between 2000 and 2022:
Novi, Michigan:
+66.0%
State:
+75.2%
Income statistics for Black or African American residents
Median household income in Novi, MI in 2022:
Novi:
$89,341
State:
$42,056
Change in median household income between 2000 and 2022:
Novi, Michigan:
+32.7%
State:
+35.4%
Number of households with income < $10k:
Novi:
12.6% (323)
State:
12.7% (66,307)
Number of households with income $10k - 20k:
Novi:
1.3% (33)
State:
14.2% (73,877)
Number of households with income $20k - 30k:
Novi:
9.4% (240)
State:
10.2% (52,930)
Number of households with income $30k - 40k:
Novi:
4.3% (111)
State:
10.3% (53,542)
Number of households with income $40k - 50k:
Novi:
7.7% (197)
State:
9.1% (47,110)
Number of households with income $50k - 60k:
Novi:
8.7% (223)
Michigan:
8.1% (41,969)
Number of households with income $60k - 75k:
Novi:
11.2% (287)
State:
9.0% (46,784)
Number of households with income $75k - 100k:
Novi:
18.3% (469)
State:
9.7% (50,718)
Number of households with income $100k - 125k:
Novi:
11.8% (301)
State:
6.7% (34,802)
Number of households with income $125k - 150k:
Novi:
10.7% (273)
State:
4.1% (21,083)
Number of households with income $150k - 200k:
Novi:
1.8% (47)
State:
3.4% (17,885)
Number of households with income > $200k:
Novi:
2.2% (56)
Michigan:
2.6% (13,430)
Aggregate household income in Novi in 2022: $435,025,100
Median family income in Novi in 2022:
Novi:
$92,998
Michigan:
$54,772
Number of families with income < $10k:
Novi:
8.8% (120)
Michigan:
10.6% (30,251)
Number of families with income $10k - 20k:
Novi:
1.5% (21)
Michigan:
8.5% (24,358)
Number of families with income $20k - 30k:
Novi:
2.9% (39)
State:
7.7% (22,118)
Number of families with income $30k - 40k:
Novi:
1.0% (14)
Michigan:
9.6% (27,402)
Number of families with income $40k - 50k:
Novi:
6.4% (87)
State:
9.0% (25,882)
Number of families with income $50k - 60k:
Novi:
8.5% (116)
Michigan:
8.4% (24,061)
Number of families with income $60k - 75k:
Novi:
13.7% (186)
Michigan:
10.3% (29,553)
Number of families with income $75k - 100k:
Novi:
16.3% (222)
State:
12.3% (35,116)
Number of families with income $100k - 125k:
Novi:
13.7% (187)
State:
8.8% (25,333)
Number of families with income $125k - 150k:
Novi:
20.6% (281)
State:
5.5% (15,757)
Number of families with income $150k - 200k:
Novi:
2.3% (31)
State:
5.4% (15,433)
Number of families with income > $200k:
Novi:
4.3% (59)
State:
3.9% (11,157)
Median non-family income in Novi in 2022:
Novi:
$88,425
State:
$28,190
Median per capita income in Novi in 2022:
Novi:
$53,610
State:
$25,207
Change in median per capita income between 2000 and 2022:
Novi, Michigan:
+37.8%
State:
+60.4%
Income statistics for Asian residents
Median household income in Novi, MI in 2022:
Novi:
$146,575
State:
$101,652
Change in median household income between 2000 and 2022:
Novi, Michigan:
+51.4%
State:
+75.4%
Number of households with income < $10k:
Novi:
0.3% (20)
State:
5.4% (6,241)
Number of households with income $10k - 20k:
Novi:
1.3% (80)
State:
3.3% (3,891)
Number of households with income $20k - 30k:
Novi:
1.2% (78)
Michigan:
4.9% (5,669)
Number of households with income $30k - 40k:
Novi:
2.7% (173)
State:
4.8% (5,590)
Number of households with income $40k - 50k:
Novi:
3.2% (202)
Michigan:
4.6% (5,395)
Number of households with income $50k - 60k:
Novi:
4.3% (272)
State:
6.0% (7,014)
Number of households with income $60k - 75k:
Novi:
4.3% (272)
Michigan:
7.4% (8,566)
Number of households with income $75k - 100k:
Novi:
8.6% (551)
Michigan:
12.4% (14,398)
Number of households with income $100k - 125k:
Novi:
10.7% (683)
State:
10.0% (11,621)
Number of households with income $125k - 150k:
Novi:
13.3% (853)
State:
8.6% (9,986)
Number of households with income $150k - 200k:
Novi:
15.6% (998)
State:
12.4% (14,400)
Number of households with income > $200k:
Novi:
34.6% (2,215)
State:
20.4% (23,760)
Aggregate household income in Novi in 2022: $1,036,747,300
Median family income in Novi in 2022:
Novi:
$147,413
State:
$126,624
Number of families with income $10k - 20k:
Novi:
0.3% (16)
State:
1.9% (1,614)
Number of families with income $20k - 30k:
Novi:
0.3% (16)
State:
3.1% (2,585)
Number of families with income $30k - 40k:
Novi:
1.2% (59)
State:
3.6% (2,994)
Number of families with income $40k - 50k:
Novi:
2.9% (146)
Michigan:
5.5% (4,563)
Number of families with income $50k - 60k:
Novi:
3.3% (169)
Michigan:
5.1% (4,281)
Number of families with income $60k - 75k:
Novi:
2.1% (105)
Michigan:
5.6% (4,710)
Number of families with income $75k - 100k:
Novi:
4.6% (231)
State:
11.9% (9,932)
Number of families with income $100k - 125k:
Novi:
12.1% (609)
State:
10.8% (9,031)
Number of families with income $125k - 150k:
Novi:
16.1% (815)
State:
9.8% (8,189)
Number of families with income $150k - 200k:
Novi:
16.2% (816)
State:
14.6% (12,200)
Number of families with income > $200k:
Novi:
40.9% (2,068)
Michigan:
26.2% (21,872)
Median non-family income in Novi in 2022:
Novi:
$133,966
State:
$57,668
Change in median non-family income between 2000 and 2022:
Novi, Michigan:
+113.4%
State:
+73.2%
Median per capita income in Novi in 2022:
Novi:
$54,929
State:
$48,128
Change in median per capita income between 2000 and 2022:
Novi, Michigan:
+55.1%
State:
+95.8%
Income statistics for Hispanic or Latino residents
Median household income in Novi, MI in 2022:
Novi:
$99,710
Michigan:
$62,497
Change in median household income between 2000 and 2022:
Novi, Michigan:
+52.1%
State:
+62.4%
Number of households with income < $10k:
Novi:
10.0% (100)
State:
6.0% (10,028)
Number of households with income $10k - 20k:
Novi:
0.0% (0)
Michigan:
6.5% (10,959)
Number of households with income $20k - 30k:
Novi:
4.0% (40)
State:
9.1% (15,369)
Number of households with income $30k - 40k:
Novi:
0.0% (0)
State:
7.9% (13,373)
Number of households with income $40k - 50k:
Novi:
4.7% (47)
Michigan:
9.1% (15,369)
Number of households with income $50k - 60k:
Novi:
9.9% (99)
State:
8.9% (14,990)
Number of households with income $60k - 75k:
Novi:
10.5% (105)
State:
11.5% (19,325)
Number of households with income $75k - 100k:
Novi:
17.2% (172)
State:
14.9% (25,158)
Number of households with income $100k - 125k:
Novi:
7.8% (78)
State:
8.8% (14,758)
Number of households with income $125k - 150k:
Novi:
20.2% (202)
State:
5.3% (8,915)
Number of households with income $150k - 200k:
Novi:
9.1% (91)
State:
6.7% (11,249)
Number of households with income > $200k:
Novi:
6.7% (67)
State:
5.3% (8,978)
Aggregate household income in Novi in 2022: $81,263,500
Median family income in Novi in 2022:
Novi:
$104,190
State:
$69,994
Number of families with income < $10k:
Novi:
0.7% (5)
State:
5.0% (5,520)
Number of families with income $20k - 30k:
Novi:
1.2% (8)
Michigan:
7.6% (8,369)
Number of families with income $40k - 50k:
Novi:
3.2% (22)
State:
8.3% (9,117)
Number of families with income $50k - 60k:
Novi:
15.6% (106)
Michigan:
9.1% (10,009)
Number of families with income $60k - 75k:
Novi:
5.9% (40)
State:
10.8% (11,865)
Number of families with income $75k - 100k:
Novi:
17.0% (116)
State:
16.4% (18,094)
Number of families with income $100k - 125k:
Novi:
8.9% (61)
State:
9.7% (10,644)
Number of families with income $125k - 150k:
Novi:
28.6% (195)
State:
6.6% (7,234)
Number of families with income $150k - 200k:
Novi:
9.3% (63)
State:
7.4% (8,182)
Number of families with income > $200k:
Novi:
9.7% (66)
Michigan:
6.7% (7,361)
Median non-family income in Novi in 2022:
Novi:
$69,165
Michigan:
$43,705
Change in median non-family income between 2000 and 2022:
Novi, Michigan:
+104.9%
State:
+73.8%
Median per capita income in Novi in 2022:
Novi:
$38,469
State:
$25,462
Change in median per capita income between 2000 and 2022:
Novi, Michigan:
+83.4%
State:
+83.3%
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Novi:
0.0% (0)
Michigan:
5.7% (956)
Number of households with income $10k - 20k:
Novi:
17.2% (5)
Michigan:
11.4% (1,930)
Number of households with income $20k - 30k:
Novi:
3.4% (1)
State:
12.0% (2,032)
Number of households with income $30k - 40k:
Novi:
27.6% (8)
State:
7.8% (1,319)
Number of households with income $40k - 50k:
Novi:
0.0% (0)
State:
7.5% (1,276)
Number of households with income $50k - 60k:
Novi:
0.0% (0)
State:
10.1% (1,711)
Number of households with income $60k - 75k:
Novi:
0.0% (0)
State:
9.9% (1,673)
Number of households with income $75k - 100k:
Novi:
0.0% (0)
State:
11.4% (1,931)
Number of households with income $100k - 125k:
Novi:
0.0% (0)
State:
8.4% (1,414)
Number of households with income $125k - 150k:
Novi:
0.0% (0)
Michigan:
6.7% (1,131)
Number of households with income $150k - 200k:
Novi:
0.0% (0)
State:
4.2% (709)
Number of households with income > $200k:
Novi:
51.7% (15)
State:
5.0% (838)
Aggregate household income in Novi in 2022: $3,708,596
Median per capita income in Novi in 2022:
Novi:
$21,630
Michigan:
$27,661
Change in median per capita income between 2000 and 2022:: -17.1%
Novi, Michigan:
-17.1%
State:
+75.7%
Income statistics for Multirace residents
Median household income in Novi, MI in 2022:
Novi:
$102,051
Michigan:
$63,251
Change in median household income between 2000 and 2022:
Novi, Michigan:
+81.8%
Michigan:
+82.6%
Number of households with income < $10k:
Novi:
1.2% (13)
Michigan:
6.1% (12,463)
Number of households with income $10k - 20k:
Novi:
0.9% (9)
Michigan:
8.7% (17,830)
Number of households with income $20k - 30k:
Novi:
9.6% (102)
State:
7.6% (15,686)
Number of households with income $30k - 40k:
Novi:
3.3% (35)
State:
9.5% (19,444)
Number of households with income $40k - 50k:
Novi:
3.2% (34)
State:
7.5% (15,476)
Number of households with income $50k - 60k:
Novi:
11.8% (125)
State:
8.1% (16,622)
Number of households with income $60k - 75k:
Novi:
12.8% (135)
Michigan:
10.6% (21,725)
Number of households with income $75k - 100k:
Novi:
29.5% (312)
Michigan:
14.4% (29,501)
Number of households with income $100k - 125k:
Novi:
11.4% (121)
Michigan:
8.9% (18,231)
Number of households with income $125k - 150k:
Novi:
5.4% (57)
State:
5.8% (11,923)
Number of households with income $150k - 200k:
Novi:
4.6% (49)
State:
6.8% (13,956)
Number of households with income > $200k:
Novi:
6.1% (65)
State:
6.2% (12,672)
Aggregate household income in Novi in 2022: $53,403,600
Median family income in Novi in 2022:
Novi:
$100,995
State:
$75,671
Number of families with income < $10k:
Novi:
0.8% (7)
Michigan:
4.0% (5,293)
Number of families with income $10k - 20k:
Novi:
1.4% (12)
Michigan:
6.1% (8,152)
Number of families with income $30k - 40k:
Novi:
4.1% (35)
State:
8.9% (11,911)
Number of families with income $40k - 50k:
Novi:
2.1% (17)
State:
7.0% (9,291)
Number of families with income $50k - 60k:
Novi:
19.8% (168)
Michigan:
8.0% (10,690)
Number of families with income $60k - 75k:
Novi:
8.0% (68)
State:
10.1% (13,478)
Number of families with income $75k - 100k:
Novi:
34.6% (293)
Michigan:
15.5% (20,677)
Number of families with income $100k - 125k:
Novi:
11.9% (101)
Michigan:
11.1% (14,794)
Number of families with income $125k - 150k:
Novi:
5.6% (48)
Michigan:
7.6% (10,084)
Number of families with income $150k - 200k:
Novi:
4.5% (38)
Michigan:
7.9% (10,475)
Number of families with income > $200k:
Novi:
7.2% (61)
State:
8.5% (11,351)
Median per capita income in Novi in 2022:
Novi:
$32,675
State:
$26,098
Change in median per capita income between 2000 and 2022:
Novi, Michigan:
+101.2%
Michigan:
+106.5%
Income statistics for other residents
Number of households with income < $10k:
Novi:
14.3% (26)
State:
7.8% (4,680)
Number of households with income $10k - 20k:
Novi:
0.0% (0)
State:
6.4% (3,815)
Number of households with income $20k - 30k:
Novi:
0.0% (0)
Michigan:
9.4% (5,582)
Number of households with income $30k - 40k:
Novi:
8.2% (15)
State:
7.3% (4,338)
Number of households with income $40k - 50k:
Novi:
19.2% (35)
Michigan:
10.2% (6,092)
Number of households with income $50k - 60k:
Novi:
0.0% (0)
State:
8.2% (4,875)
Number of households with income $60k - 75k:
Novi:
0.0% (0)
State:
11.6% (6,923)
Number of households with income $75k - 100k:
Novi:
0.0% (0)
State:
16.3% (9,741)
Number of households with income $100k - 125k:
Novi:
19.8% (36)
State:
8.5% (5,050)
Number of households with income $125k - 150k:
Novi:
20.3% (37)
Michigan:
4.7% (2,776)
Number of households with income $150k - 200k:
Novi:
0.0% (0)
State:
4.5% (2,682)
Number of households with income > $200k:
Novi:
18.1% (33)
State:
5.2% (3,111)
Aggregate household income in Novi in 2022: $25,593,373
Median per capita income in Novi in 2022:
Novi:
$37,166
Michigan:
$27,114
Change in median per capita income between 2000 and 2022:
Novi, Michigan:
+73.9%
State:
+104.6%
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