PlainZIP

Novi, MI · standard

ZIP Code 48377

Oakland County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

15,244
613/sq mi
$83,104
Median income
$350,600
Median home value
56.1%
Bachelor's or higher

The verdict

Novi pairs an above-median household income with above-median home values, in a low-density, mixed-tenure area.

Top 34%
household income, US ZIPs
Top 26%
home value, US ZIPs
613
people per sq mi
47%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48377 against every reporting US ZIP.

ZIP code 48377 is a mid-sized community (a standard USPS delivery area) in Novi, Oakland County, Michigan, home to 15,244 residents across 24.9 square miles, a density of 613 people per square mile, in the Detroit time zone.

ZIP 48377 lands in the middle-income range, with a median household income of $83,104 (13% above the Michigan average), while per-capita income is $50,478. 8.7% of residents live below the poverty line, and the unemployment rate reads 5.2%. The typical home here is valued at $350,600 (60% above the state average); renters pay a median of $1,579 monthly, and 46.7% of units are owner-occupied.

This is a highly-educated ZIP: 56.1% of adults hold a bachelor's degree or higher, the median age is 38.2, and the average commute is 25 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 48377, plus 6 more within Oakland County, give a clearer read than the national average alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 48377

Top 5 sectors by establishment count in Novi, MI

Which industries have the most business establishments in ZIP 48377.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 48377, Novi, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

15,244

Population

24.9

Area (sq mi)

613

People / sq mi

Detroit

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 48377?

38.2

Median Age

48.6%

Male

51.4%

Female

28.9%

Foreign-Born

White 55.1%
African American 13.5%
Asian 24.5%
American Indian or Alaska Native 0.4%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.5%
Hispanic or Latino 3.8%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$83,104

Median Household Income

+13% vs state

$50,478

Per Capita Income

8.7%

Poverty Rate

5.2%

Unemployment Rate

24.7 min

Mean Commute Time

How ZIP 48377 ranks nationally

Novi, MI household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$83,104 Top 34% higher than 66% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 72.0%
Bachelor's Degree or Higher 56.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

10,066

Total Housing Units

9,253

Occupied Units

813

Vacant Units

2.13

Avg Household Size

Occupancy Type

Owner 46.7%
Renter 53.3%

$350,600

Median Home Value

+60% vs state

$1,579

Median Rent

2001

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+15.3%

YoY Change (2024)

194

HPI Index (2000 = 100)

+94%

Total Change Since 2000

Home values in ZIP 48377 have increased 15.3% over the past year (2024). Since 2000, this ZIP has seen +94% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.6% 127
2021 +9.3% 139
2022 +17.5% 163
2023 +3.3% 168
2024 +15.3% 194

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 728 business establishments in ZIP 48377, employing approximately 25,952 people with a combined annual payroll of $2,085,476,000.

728

Businesses

25,952

Employees

$2.1B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 178 24.4%
Health care and social assistance 99 13.6%
Professional, scientific, and technical services 97 13.3%
Wholesale trade 66 9.1%
Accommodation and food services 62 8.5%
Real estate and rental and leasing 35 4.8%
Construction 31 4.3%
Finance and insurance 29 4.0%
Other services (except public administration) 26 3.6%
Administrative and support and waste management and remediation services 21 2.9%
Manufacturing 19 2.6%
Transportation and warehousing 16 2.2%
Arts, entertainment, and recreation 16 2.2%
Management of companies and enterprises 14 1.9%
Information 12 1.6%
Educational services 6 0.8%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 48377 vs 48390 →

ZIP 48377 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 48377 ranks #0 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 48377 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 48377 ranks #null of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
48390 Walled Lake, MI 22,898 3.1 mi
48375 Novi, MI 21,801 2.9 mi
48331 Farmington, MI 21,503 3.3 mi
48374 Novi, MI 14,049 3.6 mi
48393 Wixom, MI 16,111 3.8 mi
48335 Farmington, MI 22,398 4.7 mi
48382 Commerce Township, MI 21,945 6.1 mi
48334 Farmington, MI 18,540 6.3 mi
48322 West Bloomfield, MI 31,265 5.3 mi
48167 Northville, MI 21,534 5.7 mi

More ZIP Codes in Oakland County

48307 standard
Rochester, MI
Pop: 41,369
48073 standard
Royal Oak, MI
Pop: 32,798
48322 standard
West Bloomfield, MI
Pop: 31,265
48071 standard
Madison Heights, MI
Pop: 29,694
48237 standard
Oak Park, MI
Pop: 29,319
48309 standard
Rochester, MI
Pop: 29,135

Related Areas

Oakland County Novi, MI Michigan

Frequently Asked Questions

What county is ZIP code 48377 in? ▼
ZIP code 48377 (Novi) is located in Oakland County, Michigan. Oakland County contains multiple ZIP codes, see the full list at /counties/oakland-mi.
What is the population of ZIP code 48377? ▼
ZIP code 48377 in Novi, MI has a population of 15,244 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48377? ▼
The median household income in ZIP 48377 is $83,104, which is 9% above the national average of $76,288.
What is the average home value in ZIP 48377? ▼
The median home value in ZIP 48377 is $350,600, which is 26% above the national average of $278,155.
What is the demographic makeup of ZIP 48377? ▼
The largest racial group in ZIP 48377 is White at 55.1%. Hispanic or Latino residents make up 3.8% of the population.
How many businesses are in ZIP code 48377? ▼
ZIP code 48377 has 728 business establishments employing approximately 25,952 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48377? ▼
The top industries by establishment count in ZIP 48377 are: Retail trade (178), Health care and social assistance (99), Professional, scientific, and technical services (97). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 48377? ▼
According to the FHFA House Price Index, home values in ZIP 48377 increased by 15.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 94%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 48377? ▼
In ZIP code 48377, 72.0% of residents aged 25+ have a high school diploma or higher, and 56.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 48377? ▼
The mean commute time for workers in ZIP code 48377 is 24.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 48377? ▼
In ZIP code 48377, approximately 46.7% of occupied housing units are owner-occupied and 53.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48377? ▼
The poverty rate in ZIP code 48377 is 8.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.