48377 Zip Code

April 25, 2024

Zip Code:	48377
City/Town:	Novi
State:	Michigan

Population:	15,244
Per Capita Income:	$37,415
Mean Household Income:	$75,964

Total Housing Units:	7,199
Median Home Value:	$213,600
Median Year Homes Built:	1990

Land Area:	9.6 sq miles 25.0 sq kilometers
Water Area:	0.8 sq miles 2.2 sq kilometers

Population Information (48377 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

15,244

Male:

7,218

47.3%

49.2%

Female:

8,026

52.7%

50.8%

Median Age:

37.6 yrs

37.2 yrs

Under 5 years:

1,046

6.9%

6.5%

5 to 9 years:

939

4.2%

6.6%

10 to 19 years:

1,430

9.4%

13.8%

20 to 29 years:

2,226

14.6%

13.8%

30 to 39 years:

2,615

17.2%

13.0%

40 to 49 years:

2,228

14.6%

14.2%

50 to 59 years:

1,662

10.9%

13.6%

60 to 69 years:

1,068

7.0%

9.4%

70 to 79 years:

716

4.7%

5.4%

80 years and over:

1,314

8.6%

3.7%

Housing Information (48377 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$213,600

$119,600

Median year homes build:

1990

1971

Median real estate taxes:

$2,789 / yr.

$1,334 / yr.

Median rent:

$646 / mo.

$519 / mo.

Total households:

7,199

Family households:

3,727

51.8%

66.4%

Nonfamily households:

3,472

48.2%

33.6%

Households with individuals under 18 years:

1,864

25.9%

33.4%

Households with individuals 65 years and over:

1,887

26.2%

24.9%

Average household size:

2.1

Average family size:

2.9

Total housing units:

8,161

Occupied housing units:

7,199

88.2%

88.6%

Vacant housing units:

962

11.8%

11.4%

For rent:

616

7.5%

3.1%

Rented, not occupied:

0.2%

For sale only:

153

1.9%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

1.1%

3.5%

All other vacants:

0.9%

2.8%

Homeowner vacancy rate:

4.1%

2.4%

Rental vacancy rate:

14.5%

9.2%

Owner-occupied housing units:

3,580

Population in owner-occupied housing units:

8,507

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

3,619

Population in renter-occupied housing units:

6,631

Average household size of renter-occupied units:

1.8

2.44

Educational Attainment (48377 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

7,379

Less than 9th grade:

177

2.4%

6.2%

9th to 12th grade, no diploma:

499

6.8%

8.7%

High school graduate (includes equivalency):

1,595

21.6%

29.0%

Some college, no degree:

1,819

24.7%

20.6%

Associate degree:

480

6.5%

7.5%

Bachelor's degree:

1,833

24.8%

17.6%

Graduate or professional degree:

976

13.2%

10.3%

Percent high school graduate or higher:

90.8%

85.0%

Percent bachelor's degree or higher:

38.1%

27.9%

Income Information (48377 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

4,259

27.9%

50.4%

Median income:

$39,541 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,878

18.9%

59.7%

Median income:

$47,500 / yr.

$38,349 / yr.

Females 15 years and over with income:

3,977

26.1%

49.6%

Median income:

$24,504 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,901

12.5%

40.3%

Median income:

$33,105 / yr.

$28,135 / yr.

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