Novi, MI (zip code 48374) is a city located in Oakland County in Michigan. The median 2 bedroom rent in Novi is $1,850, which is significantly higher than the US median of $1,430. Grocery costs in Novi are also about 5% higher than the US average, indicating that Novi offers higher cost of living than most places.
Novi is an exciting place to be with plenty of exciting activities and businesses to explore. Some notable companies located in Novi include Bosch Automotive Equipment, Fiat Chrysler Automobiles, Nexeo Solutions LLC, Continental Automotive Systems and Magna International Inc. Each of these companies offer excellent job opportunities and contribute to the overall economy of Novi.
Novi (zip 48374) has an unemployment rate of 2.4%. The US average is 6.0%.
Novi (zip 48374) has seen the job market decrease by -10.6% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.
Tax Rates for Novi (zip 48374)
- The Sales Tax Rate for Novi (zip 48374) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Novi (zip 48374) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Novi (zip 48374)
- The average income of a Novi (zip 48374) resident is $64,840 a year. The US average is $37,638 a year.
- The Median household income of a Novi (zip 48374) resident is $158,631 a year. The US average is $69,021 a year.