Last updated: 2024 BLS data · Page refreshed:
Novato has a population of 52,546 with a median age of 47.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 52,546 |
| Median Age | 47.5 |
| White | 58.8% |
| Black or African American | 2.6% |
| Asian | 7.0% |
| Hispanic or Latino | 28.0% |
| Other / Two or More Races | 3.6% |
The median household income in Novato is $115,736, which is 43.6% above the national median of $80,610. The per capita income is $65,423. The poverty rate is 9.6%.
The unemployment rate in Novato is 4.1%, compared to the national rate of 4.1%.
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In Novato, 89.0% of residents age 25+ have a high school diploma or higher, and 48.9% hold a bachelor's degree or higher (18.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.0% |
| Bachelor's Degree or Higher | 48.9% |
| Graduate or Professional Degree | 18.3% |
The median home value in Novato is $1,032,500, above the national median of $303,400. The median monthly rent is $2,506. The homeownership rate is 66.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $1,032,500 |
| Median Monthly Rent | $2,506 |
| Homeownership Rate | 66.1% |
| Vacancy Rate | 4.4% |
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