If you’re considering moving to the Metro Detroit area, there are a number of areas to choose from and not all cities may fit your needs. However, if you’re searching for a centrally located city that’s safe, diverse in culture and history, has fantastic schools, lots of parks, shopping and activities, you may want to consider the city of Novi!
Oh, you’ve never heard of Novi? It’s a good thing that we’re experts in Real Estate and very familiar with the ins-and-outs of the surrounding areas. And Novi just happens to be one of our favorites. Read on to learn more about what it looks like to move to this awesome city!
HISTORY (What's in a name?)
Novi was first organized as a township in 1832 on land taken from Farmington Township, before later being incorporated as a city in 1969. How the city received its name is still hotly debated by Novi residents, or Novillians. Some accounts say it was the number six spot (No. VI in roman numerals) from the Central Post Office depot. Some say it was the sixth spot from the Detroit Train Station. Some believe it was named after the sixth toll gate road on Grand River, but that toll road wasn’t constructed until the 1850’s after, making the timeline incorrect. The truth is that “Novi'' means “new” in several Eastern-European languages and the first city council just wanted something shorter than the name West Farmington, which it was originally called.
LOCATION & DEMOGRAPHICS
The city of Novi is located northwest of Detroit, and sits to the north of Northville, south of Wixom and Walled Lake, east of South Lyon and to the west of Farmington. For frequent flyers, traveling to DTW will take between 34 to 55 minutes depending on time of day and traffic conditions. If you’re traveling to Detroit, you can expect roughly a 30 minute drive. Of course, you won’t want to miss a concert at the iconic Pine Knob Music Theatre, which will take roughly 35 minutes of driving to reach.
Novi covers a total of 31.28 square miles, making it the 17th largest city in Michigan and has a population of over 66,000 people as of the 2020 census. Despite being your typical midwestern suburban community, Novi is an extremely diverse community with a large percentage (24%) of its population being of Asian descent. The median age for a Novi resident is 39.2 years of age, with women accounting for 51.19% of the population per the 2020 census. The average annual household income for Novi is $129,930 (nearly 40% higher than the Michigan average of $80,803) with 66.5% of residents owning their home, and the remaining 33.5% being renters. Of its residents over the age of 25 year old, 31.5% have their Bachelors Degree, while 27.5% have earned their Graduate Degree.
LOW CRIME RATES
Crime rates in Novi are extremely low, making it a very safe place to raise a family, or just enjoy the single life. In fact, Mayor Bob Gatt, who was the Novi Chief of Police from 1975 through 2022 prides himself on how safe the city is for residents and visitors alike. According to niche.com, out of the Novi residents surveyed, 57% reported feeling very safe with no crime to speak of. 37% said they felt pretty safe and there is some crime, but with little impact to them. Only 7% reported there is noticeable crime and they sometimes feel unsafe. When asked how reliable the police are in the area, 69% answered they are very visible and very responsive. Diving deeper into the statistics, NeighborhoodScout analysis of FBI crime data shows that Novi, Michigan is safer than 69% of U.S. cities, and has a lower crime rate than 61% of other Michigan communities. Also noted is that for its size, Novi is one of the safest cities in the nation to live in compared to similar cities.
TOP NOTCH SCHOOLS
Another perk of moving to Novi is that they have a fantastic school system. With four districts serving Novi, the largest is Novi Community Schools, having 12 schools in total. For preschool aged children, ages three to four years old, there are both half and full day classes, and full day classes for five year olds. There are also six Elementary Schools in the district, all of which are ranked by niche.com as being in the top 500 elementary schools in the nation. Novi Middle School serves both 7th and 8th grade students, with Novi High school serving 9th through 12th grade students. With both the middle school and high school, there are also an abundance of extracurricular clubs, sports and activities for students to choose from. At the middle school level, options include theater, band, choir, orchestra, coding club, math club, student newspaper, science olympiads, student council, ski club, soccer, cross country, football, volleyball, basketball, swim, track, and more. At the highschool level students can choose from extracurriculars including band, broadcast communications, choir, dance, orchestra, newspaper, art club, business professionals of America, F.I.R.S.T. Robotics, games and game design, national honor society, forensics, snowboard cross, football, basketball, soccer, volleyball, tennis, golf, swim, field hockey, equestrian, and much more.
BUSTLING PRIVATE SECTOR
As one of the fastest growing cities in all of Michigan, Novi also has a very strong private sector offering a wide variety of employment opportunities between a mix of both private and public companies. According to Data USA, the most common job groups of Novi residents are management occupations (16.8%), sales & related occupations (10.1%), office & administrative support (8.65%), business & financial operations (8.45%), computer & mathematical (8.28), followed by architecture & engineering, health diagnosing, treating practitioners & other technical occupations, education instruction, and others. The most common employment sectors for those working in Novi are manufacturing (23.7%), health care and social assistance (13.8%), professional, scientific & technical services (13.5%), followed by retail trade, educational services, accommodation & food services, finance & insurance, and several others.
There is certainly no shortage of options when it comes to shopping and dining in Novi. There are several options for grocery shopping including big box stores such as Kroger, Meijer, Walmart, & Target, as well as Busch’s and a Better Health Market for more local shopping and probably better produce. There is also a Sam’s Club and a Gordon’s Food Service for bulk shopping, along with other nearby options including One World Market, Trader Joes, and Costco. For clothing and goods there are three main shopping centers being 12 Oaks Mall with over 180 stores, and Fountain Walk, located right across the street, with a large number of stores, and Novi Town Center located just south of I-96 on Novi Road. There is also a wide variety of fantastic dining options that can be found at and near all three of these locations, in addition to countless other stores, shops, restaurants, diners, etc throughout the city itself.
LOWER THAN AVERAGE PROPERTY TAXES
One thing on every homeowner’s mind when it comes to making that monthly mortgage payment are property taxes. Now Novi does have a higher than average home value, coming in at $497,000, which means the city has a higher than average tax valuation allowing them to charge a lower millage rate. As of the time of this article, Novi has a taxable base value of $3.6 Billion. To put this into context, Detroit has a $6.1 Billion taxable base value, but it is also 4.5 times the land size of Novi, along with 4.5 times the size of roads, sewers, police, schools, etc, making their millage rate so much higher. The current millage rate in Novi is 37.04 mills, which is less than 60% of other cities in Michigan. Using the average home value in Novi of $497,000, this makes property taxes in Novi roughly $9,282 per year. This may seem like a lot, but if you were to move that same home into Detroit, the property taxes would increase to $17,580. Even moving that same home into the neighboring city of Northville who has a current millage rate of 43.92, that annual property taxes would increase to $10,980 for a total of $1,698 more than in Novi. $1,700 may not seem like a lot, but given these rates stay consistent for the length of a 30 year fixed mortgage, the difference adds up to a savings of $51,000 by purchasing in Novi.
With a rich history, plentiful amenities, good job opportunities, beautiful neighborhoods, strong school systems, low crime rates and lower than average property taxes, it is no wonder why so many people choose to call Novi home. To learn more about Novi and to see a list of homes currently for sale, visit our page HERE, or visit our YouTube CHANNEL to watch one of our many videos about the city.
Posted by Michael Perna on