Novi demographics – Novi real estate

If you are thinking of relocating to Novi Michigan and buying a piece of Novi real estate here is Novi demographics.   This will give you a glimpse of the city and what it’s residents characteristics are.

Quick Facts about Novi Michigan Novi Michigan
Population, 2006 estimate 54,105 10,095,643
Population, percent change, April 1, 2000 to July 1, 2006 14.2% 1.6%
Population, 2000 47,386 9,938,444
Persons under 5 years old, percent, 2000 7.4% 6.8%
Persons under 18 years old, percent, 2000 27.6% 26.1%
Persons 65 years old and over, percent, 2000 8.1% 12.3%
Female persons, percent, 2000 50.8% 51.0%
White persons, percent, 2000 (a) 87.3% 80.2%
Black persons, percent, 2000 (a) 1.9% 14.2%
American Indian and Alaska Native persons, percent, 2000 (a) 0.2% 0.6%
Asian persons, percent, 2000 (a) 8.7% 1.8%
Native Hawaiian and Other Pacific Islander, percent, 2000 (a) Z Z
Persons reporting two or more races, percent, 2000 1.5% 1.9%
Persons of Hispanic or Latino origin, percent, 2000 (b) 1.8% 3.3%
Living in same house in 1995 and 2000, pct 5 yrs old & over 47.9% 57.3%
Foreign born persons, percent, 2000 12.7% 5.3%
Language other than English spoken at home, pct age 5+, 2000 14.4% 8.4%
High school graduates, percent of persons age 25+, 2000 94.0% 83.4%
Bachelor’s degree or higher, pct of persons age 25+, 2000 49.1% 21.8%
Mean travel time to work (minutes), workers age 16+, 2000 26.6 24.1
Housing units, 2000 19,649 4,234,279
Homeownership rate, 2000 71.1% 73.8%
Median value of owner-occupied housing units, 2000 $236,300 $115,600
Households, 2000 18,726 3,785,661
Persons per household, 2000 2.52 2.56
Median household income, 1999 $71,918 $44,667
Per capita money income, 1999 $35,992 $22,168
Persons below poverty, percent, 1999 2.2% 10.5%

As I have said in some of my other metro Detroit relocation posts you have to remember that some of this demographic information has changed because it is over ten years old.  In the last ten years theCity of Novi I believe has become wealthier.  There have been many high priced Novi neighborhoods built in the last ten years.

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