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City of Novi
City of Novi

Economic Development Dashboard

Economic DevelopmentEconomic development continues to play an important role in Novi’s growth, development, and quality of life. Economic development ensures the jobs, the vitality and the resources for government to provide public services. The City of Novi continues to attract large-scale business which increases taxable values and creates jobs for its residents. Continuation of retention, expansion, and attraction efforts included the following:

  • Focus on personal retention and expansion visits and support (linking to resources) our existing Novi businesses
  • Conduct familiarization tour for site selectors
  • Maintain partnerships with organizations holding mutual goals
  • Report on any recommend changes on any new financial incentives

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Population Growth

Residential Housing Permits by Month (single family  & multi-family)

Total Residential Housing Units per year (single family & multi-family)

Retail Vacancy - Novi vs. Counties


Novi Vacancy History

Office, Indus, Flex Vacancy - Novi vs Counties