ZIP Code 48377 — Novi city, MI Demographics & Data

ZIP code 48377 covers Novi, MI in Oakland County with a population of about 19,775.

At a glance, the area shows median age of 38.2 (near the U.S. median).

It sits in telephone area codes 248, 947; U.S. House district MI-6; the DETROIT media market.

Median household income in ZIP 48377 is about $83,368 — about 11% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 6.3%; unemployment rate near 3.2%; 52.0% of adults with a bachelor’s degree or higher (about 18.3 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Professional services; about 15.6% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $332,000 — about 5% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,349 (about 16% above the U.S. median rent ($1,163)), and owner-occupancy near 50.5% (about 14.9 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 48377 in Novi, MI, a household would need roughly $91,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,133. That is roughly in line with the local median household income ($83,368). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Novi city, MI as Relatively High (composite score 97.5), which is among the highest nationally. The strongest component scores on US5 are flood (97.5) and wildfire (58.1). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Novi city, MI show little to no average snow and around 33.0 inches of annual precipitation.

IRS migration statistics show a net inflow of about 774 for ZIP 48377 (Novi city, MI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.