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Economy, jobs and prices in Novato, California: official figures

The median household income in Novato was $115,736 a year in the 2020-2024 American Community Survey (in 2024 dollars), 123rd highest of 823 US cities of 50,000 or more; the US median was $80,734 and the California median $99,122.

Median household income
$115,736
2020-2024
Unemployment rate (ACS)
5.9%
2020-2024
Mean travel time to work
28.1 min
2020-2024
Median gross rent (monthly)
$2,506
2020-2024
Median home value (owner-occupied)
$1,032,500
2020-2024
Homes occupied by their owners
66.1%
2020-2024
Households with a broadband subscription
94.7%
2020-2024

What is the per capita income in Novato?

Income per resident (per capita income) in Novato averaged $65,423 a year in 2020-2024, 75th highest of 823 US cities of 50,000 or more (US: $44,673; California: $49,513).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Novato?

Novato's Gini index of household income inequality was 0.469 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 252nd most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Novato, California?

5.9% of the civilian labor force in Novato was unemployed on average over 2020-2024 (1,567 people), 283rd highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and California's 6.6%.

Source: U.S. Census Bureau · saved copy

What share of people in Novato are working?

61.7% of Novato's 43,199 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 169th lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Novato have jobs?

24,978 residents of Novato held civilian jobs, 57.8% of those aged 16 and over (US: 59.7%), and 90 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Novato?

The largest industry group for working residents of Novato was education, health care and social assistance (22.6% of employed residents), followed by professional, scientific, management and administrative services (17.6%) and retail trade (10.7%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Novato work in manufacturing?

Manufacturing employed 5.0% of working residents of Novato, 83rd lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 17.6% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Novato, California?

Commuters in Novato took 28.1 minutes on average to get to work in 2020-2024, 223rd longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 9.2% travelled an hour or more and 24.2% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Novato get to work?

19.5% of workers living in Novato worked from home in 2020-2024, 215th highest of 823 US cities of 50,000 or more (US: 15.1%). 64.0% drove to work alone, 8.1% carpooled, 3.8% used public transport and 2.2% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Novato, California?

The median gross rent (rent plus utilities) in Novato was $2,506 a month in 2020-2024, 48th highest of 823 US cities of 50,000 or more (US: $1,413; California: $2,036).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Novato?

Owner-occupied homes in Novato had a median value of $1,032,500 in 2020-2024 as estimated by their owners, 49th highest of 823 US cities of 50,000 or more (US: $332,700; California: $734,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Novato?

The median home value in Novato was 8.9 times the median household income, 43rd highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Novato, California own their home?

66.1% of the 20,056 occupied homes in Novato were lived in by their owners in 2020-2024 and 6,798 were rented, 223rd highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; California: 55.9%).

Source: U.S. Census Bureau · saved copy

What share of homes in Novato have broadband?

94.7% of households in Novato had a broadband internet subscription of some type in 2020-2024, 218th highest of 823 US cities of 50,000 or more (US: 91.0%; California: 93.5%).

Source: U.S. Census Bureau · saved copy

How many households in Novato have no internet?

4.0% of households in Novato (808) had no internet access at home in 2020-2024, 323rd lowest of 823 US cities of 50,000 or more (US: 6.5%); 10.3% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Novato compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Novato ranks 123 of 823, highest first.

RankCityMedian household income (2024 dollars)
120Arlington Heights$116,723
121Torrance$116,217
122Placentia$115,929
123Novato$115,736
124Wellington$115,632
125Rockwall$115,580
126Santa Cruz$115,475
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Novato ranks 75 of 823, highest first.

RankCityPer capita income (2024 dollars)
72Atlanta$65,718
73Fulshear$65,628
74Santa Barbara$65,452
75Novato$65,423
76Pasadena$65,304
77Maple Grove$65,261
78Rockville$64,900
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Novato ranks 252 of 823, highest first.

RankCityGini index of household income inequality
249Madison0.469
250Albany0.469
251Westminster0.469
252Novato0.469
253Lorain0.469
254North Little Rock0.469
255Bloomington0.468
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Novato ranks 283 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
280Hamilton5.9%
281Odessa5.9%
282White Plains5.9%
283Novato5.9%
284Aurora5.9%
285Atlanta5.9%
286Middletown5.9%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Novato ranks 655 of 823, highest first.

RankCityLabor force participation rate (16 and over)
652Bethlehem61.7%
653Hanford61.7%
654Grand Junction61.7%
655Novato61.7%
656Stockton61.7%
657Modesto61.6%
658Elyria61.6%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Novato ranks 223 of 823, highest first.

RankCityMean travel time to work (minutes)
220Elgin28.2
221Des Plaines28.2
222Deerfield Beach28.2
223Novato28.1
224Avondale28.1
225Columbia28.0
226Citrus Heights28.0
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Novato ranks 215 of 823, highest first.

RankCityWorkers who worked from home
212Buckeye19.6%
213Framingham19.6%
214Loveland19.5%
215Novato19.5%
216Mableton19.5%
217Los Angeles19.5%
218Surprise19.5%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Novato ranks 136 of 823, highest first.

RankCityWorkers commuting by public transportation
133Mountain View3.9%
134Youngstown3.9%
135Compton3.9%
136Novato3.8%
137Redwood City3.8%
138Pasadena3.8%
139Renton3.8%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Novato ranks 741 of 823, highest first.

RankCityEmployed residents working in manufacturing
738Coconut Creek5.0%
739Atlanta5.0%
740McAllen5.0%
741Novato5.0%
742Bismarck5.0%
743Davis4.9%
744Pasadena4.9%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Novato ranks 449 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
446Temecula22.6%
447Coon Rapids22.6%
448Chino22.6%
449Novato22.6%
450Palm Coast22.6%
451Kokomo22.6%
452Layton22.6%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Novato ranks 48 of 823, highest first.

RankCityMedian gross rent per month
45Huntington Beach$2,510
46Medford$2,509
47Boca Raton$2,508
48Novato$2,506
49Tracy$2,478
50San Francisco$2,476
51Alameda$2,474
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Novato ranks 49 of 823, highest first.

RankCityMedian value of owner-occupied homes
46Fountain Valley$1,072,300
47Walnut Creek$1,057,300
48Boulder$1,039,500
49Novato$1,032,500
50Gilroy$1,027,400
51Mission Viejo$1,009,600
52Thousand Oaks$991,600
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Novato ranks 42 of 820, highest first.

RankCityMedian home value as a multiple of median household income
39Daly City9.0x
40Alameda9.0x
41Bellflower9.0x
42Novato8.9x
43Santa Clara8.8x
44Garden Grove8.8x
45Carlsbad8.8x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Novato ranks 223 of 823, highest first.

RankCityOccupied homes lived in by their owners
220Palmdale66.2%
221Rialto66.2%
222Great Falls66.1%
223Novato66.1%
224Lawrence66.1%
225Henderson66.1%
226Battle Creek66.0%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Novato ranks 218 of 823, highest first.

RankCityHouseholds with a broadband subscription
215Daly City94.7%
216Henderson94.7%
217Conroe94.7%
218Novato94.7%
219White Plains94.7%
220Draper94.7%
221San Buenaventura (Ventura)94.7%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Novato ranks 501 of 823, highest first.

RankCityHouseholds with no internet access
498Elgin4.1%
499Mesquite4.0%
500San Luis Obispo4.0%
501Novato4.0%
502Alexandria4.0%
503Clermont4.0%
504Westminster4.0%
Source: U.S. Census Bureau · saved copy

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Sources

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