Novi, MI has a population of 58,233, including 66% white, 22% asian, and 8% black.
|Median Income (Household)||$86,193|
|Number Of Employees||29,610|
|Median Property Value||$266,000|
The median household income in Novi, MI is around $86,193, while the median age is 38.8. This city is a home to major universities: The Art Institute of Michigan, Special Focus Institutions, and Special Focus Four-Year: Arts, Music & Design Schools. 29,610 employees work in Novi, MI. The homeownership rate among the residents is 65.35%. The median property value that you should keep in mind is $266,000.
Past year Novi, MI universities awarded around 1,074 degrees. Statistics show that the population of students in Novi, MI include 121 male students and 237 female students. Novi, MI offers private and public tuition with a median cost of $0 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the The Art Institute of Michigan with the majority of graduates. The South University-Novi and n/a hold the second and the third place respectively. The share of the public colleges in Novi, MI is n/a% and 100% go to the private colleges.
The age groups that most likely have the health care coverage in Novi, MI are 45-54 years old for men and 6-17 years old for women. Novi, MI offers a 146 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 103 to 1, speaking of mental health doctors ratio, it’s 284 to 1 resident.
|Primary Care||1 to 146|
|Dentists||1 to 103|
|Mental Health||1 to 284|
|Other||1 to 90|
|Rent Price||Dec||vs Last Month|
|1 bed rentals||$1,000||+0%|
|2 bed rentals||$1,550||-7.2%|
|3 bed rentals||$2,550||+14.6%|
|4+ bed rentals||$2,354||-13.6%|
|Rent Type Price||Dec||vs Last Month|
Over the Jan 2020, the average rent for an apartment in/near Novi, MI decreased by 4% to $2012. Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1000 with no changes this month. Pricing for 2-bed apartment also decreased by 7.2% and a place of this size will now cost you $1550. 3-bed apartment rent pricing starts at $2550, it increased by 14.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 15.8% and made it down to $2725.
Looking at the median rent price for an apartment in Novi, MI, you can note that it remains flat with a price tag of $1375. Statistics show that house rent price decreased by 7% this month making it up to $2367. Condos faced an upward trend these days. The median rent for a condo increased by 1.2%, it’s now available for $1887. The median rent for a loft did not face significant changes this time, it now still goes for $2675.