Taxes & Insurance in Novi

Michigan's real, flat 4.25% state income tax applies to Novi residents with NO city income tax, layered on an above-state-median effective property tax rate and Michigan's standard statewide homeowners-insurance range.

Exploring the idea of moving?

We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.

Learn more

Michigan's flat state income tax, with no Novi add-on

Michigan levies a flat 4.25% state income tax (no brackets). Novi does not appear on the Michigan Department of Treasury's own official list of the 24 Michigan cities levying a local income tax, so Novi residents pay only the state rate.

Proposal A and Novi's own effective property tax rate

Novi's own median effective property tax rate ran 1.35% per Ownwell -- above the cited Michigan statewide (1.05%) and national (1.02%) medians -- with a median annual bill of $5,178 and a real, disclosed ZIP-code spread from $4,024 (48375) to $7,450 (48374). Proposal A caps taxable-value growth at the lesser of 5% or inflation (2.7% for 2026) for existing owners.

Michigan's standard homeowners-insurance range applies

Michigan average annual premiums carry a real, disclosed $1,943-$2,924/year statewide spread, with no documented statewide insurance crisis and no Novi-specific figure distinct from that range found this pass.

Key takeaways

Michigan's flat 4.25% state income tax applies, with NO Novi city income tax, confirmed against the state's own official 24-city list.
Novi's own effective property tax rate (1.35%) runs above state and national medians, with a median $5,178 annual bill.
Michigan's statewide homeowners-insurance premiums run $1,943-$2,924/year, with no documented statewide crisis.

Want to know what your budget actually buys here?

Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.

Get local guidance

Read the full Novi overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.

Planning a move?

Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.

Talk to a local expert

Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.