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The total population of Novi is estimated to be 65,870 with 32,442 males (49.25%) and 33,428 females (50.75%). There are 986 more females than males in Novi.
The median household income in Novi was $108,427 in 2021, which marked an an increase of 1,976(1.86%) from $106,451 in 2020. This income is 145.33% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
In Novi, the median income for all workers aged 15 years and older, regardless of work hours, was $80,475 for males and $37,983 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $112,151 for males and $70,876 for females.
In Novi, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Asian households have the highest median household income at $146,575, while White households represent the opposite end with the lowest median household income of $88,601.
In 2022, the population of Novi was 66,372, a 0.31% decrease year-by-year from 2021. Previously, in 2021, Novi's population was 66,581, an increase of 0.65% compared to a population of 66,154 in 2020.
The median age in Novi, MI is 39.8, as per 2021 ACS 5-Year Estimates. Of the total population, 18.98% were under the age of 15, 18.04% aged 15 to 29, 48.48% aged 30 to 64, 12.09% aged 65 to 84, and 2.41% were 85 years of age and older.
Racial distribution of Novi population: 62.66% are White, 8.31% are Black or African American, 0.21% are American Indian and Alaska Native, 23.50% are Asian, 0.01% are Native Hawaiian and other Pacific Islander, 0.83% are some other race and 4.48% are multiracial.