Novi Real Estate in Michigan |
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| Demographic and Housing Market Data for Novi: |
| Education Levels |
Novi |
Oakland County |
Michigan |
United States |
| K-12 |
15% |
22% |
31% |
31% |
| High School Diploma |
11% |
15% |
20% |
19% |
| College Graduate |
20% |
16% |
9% |
28% |
| Post Graduate |
10% |
8% |
4% |
4% |
| Census Data |
Novi |
Oakland County |
Michigan |
United States |
| Population |
43,353 |
1,194,888 |
9,773,504 |
281,422,131 |
| Area in square miles |
28 |
946 |
58,025 |
3,554,141 |
| People per sq. mi. |
1,548 |
1,264 |
168 |
79 |
| Median Age |
33 |
36 |
37 |
36 |
| Median Family Income |
$75,689 |
$73,397 |
$45,887 |
$40,591 |
| Civilians |
55% |
51% |
47% |
46% |
| Armed Forces |
<1% |
0% |
0% |
0% |
| Not in Labor Force |
19% |
24% |
27% |
28% |
| Real Estate Market Data |
Novi |
Oakland County |
Michigan |
United States |
| Total Housing Units |
9,666 |
313,934 |
2,232,149 |
115,904,743 |
| Average Home Price |
$294,921 |
$248,443 |
$156,787 |
$173,585 |
| Median Rental Price |
$775 |
$611 |
$388 |
$471 |
| Owner Occupied |
67% |
72% |
66% |
60% |
| Rental Units |
28% |
24% |
23% |
31% |
| Vacant Units |
5% |
4% |
11% |
9% |
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