How many renters in Novi, MI pay more than 30% of their income on rent?

38.7% (±4.4 points) of renting households in Novi, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

34.0% spend 35% or more.

The median renting household spends 26.3% of its income on rent.

Figures last updated on .

Paying 30% or more
38.7% (±4.4 points)
Paying 35% or more
34.0% (±4.2 points)
Median share of income
26.3% (±1.5 points)

Rent as a share of income in Novi

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentNoviOakland CountyMichiganUnited States
Less than 15%13.1% (±2.6 points)15.2%13.5%12.6%
15% to 19.9%16.4% (±3.7 points)14.4%12.2%12.2%
20% to 24.9%16.4% (±3.4 points)13.5%12.4%12.6%
25% to 29.9%15.4% (±3.9 points)12.0%11.5%11.5%
30% to 34.9%4.7% (±1.3 points)8.1%9.0%9.2%
35% or more34.0% (±4.2 points)36.6%41.4%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Novi against Oakland County, its state and the nation

Estimate (90% margin of error)
NoviOakland CountyMichiganUnited States
Paying 30% or more38.7% (±4.4 points)44.7% (±1.3 points)50.4% (±0.4 points)51.1%
Paying 35% or more34.0% (±4.2 points)36.6% (±1.1 points)41.4% (±0.4 points)41.9%
Median share of income26.3% (±1.5 points)27.8% (±0.5 points)30.2% (±0.3 points)30.6%
Median renter household income$80,503 (±$4,056)$59,047 (±$1,564)$42,352 (±$376)$52,966
Median gross rent$1,747 (±$64)$1,376 (±$14)$1,129 (±$4)$1,413

In Novi, the share of renters paying 30% or more of income is lower than in Oakland County (44.7%).

It is also lower than in Michigan (50.4%).

It is lower than the national figure (51.1%).

In Oakland County, Novi ranks 36 of 49 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 893 of 1,485.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Novi

Nearest places with a published estimate, compared with Novi
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Novi—38.7% (±4.4 points)—
Novi Township1.5 mi0.0% (±141.4 points)Not measurably different
Northville2.9 mi33.0% (±12.0 points)Not measurably different
Wixom3.8 mi43.4% (±8.0 points)Not measurably different
Walled Lake4.1 mi55.0% (±14.9 points)Higher
Northville Township4.3 mi30.7% (±8.3 points)Not measurably different
Wolverine Lake5.2 mi62.8% (±24.0 points)Not measurably different
Farmington5.7 mi24.3% (±7.7 points)Lower
Farmington Hills5.7 mi43.0% (±4.7 points)Not measurably different

Nearby places with a measurably lower figure: Farmington, MI (24.3%).

Nearby places with a measurably higher figure: Walled Lake, MI (55.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Oakland County, place by place

RankPlaceRenters paying 30% or more of income
30Auburn Hills40.5% (±6.6 points)
31South Lyon40.3% (±15.1 points)
32Commerce Charter Township40.1% (±9.5 points)
33Hazel Park40.0% (±10.3 points)
34Birmingham39.6% (±9.7 points)
35Orion Charter Township39.5% (±8.0 points)
36Novi38.7% (±4.4 points)
37Ferndale36.8% (±9.6 points)
38Berkley36.6% (±13.7 points)
39Clawson36.1% (±10.6 points)
40 (tie)Royal Oak34.4% (±5.0 points)
40 (tie)Troy34.4% (±4.7 points)
42Independence Charter Township31.9% (±9.6 points)

Showing 13 of 49 places in Oakland County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Novi

Are renters in Novi rent-burdened?

38.7% of renting households in Novi pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Novi spend on rent?

The median renting household in Novi, MI spends 26.3% (±1.5 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Novi city, Michigan (place:59440, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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