Living in Otis, Colorado
Cost of living, income, home prices, rent and demographics of Otis · Census data 2020–2024
Otis has 521 residents with a median age of 33.4. The median household income is $55,962 (41% lower than the Colorado median), the median home value is $167,900, the median rent is $822/month.
Otis is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Otis at a glance
- Population
- 521
- Median age
- 33.4State: 37.7
- Median household income
- $55,962State: $95,470
- Median home value
- $167,900State: $539,400
- Median rent
- $822/moState: $1,761
- Homeowners
- 76.8%
- Bachelor's degree or higher
- 19.8%
- Average commute
- 25 min
Is Otis a good place to live?
Pros: Home values 69% lower than the state median; unemployment of 4%.
Cons: Median household income 41% lower than the Colorado median; an average commute of 25 minutes; a poverty rate of 15.2%.
The weather is best in May–June and September–October.
Cost of living in Otis
Housing is the biggest part of the cost of living. In Otis the median home value is $167,900, 50% lower than the U.S. median. Renters pay a median of $822 per month, which is 26.3% of household income. Homeowners with a mortgage pay $1,152 a month in housing costs.
Otis median household income
The median household income in Otis is $55,962 and the income per person is $27,098. 15.2% of residents live below the poverty line (Colorado: 9.4%).
Housing in Otis: homes for sale and rent
- Housing units
- 261
- Owner-occupied
- 76.8%
- Renter-occupied
- 23.2%
- Vacant
- 15.7%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.37
Otis demographics
- Population
- 521
- Median age
- 33.4
- Under 18
- 29.6%
- 65 and older
- 16.5%
- Households
- 220
- Foreign-born
- 6.1%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Otis ›
Education in Otis
19.8% of adults 25 and older in Otis have a bachelor's degree or higher (Colorado: 45.7%), and 2% have a graduate or professional degree.
Jobs and commute in Otis
- Unemployment rate
- 4%State: 4.6%
- Average commute
- 25 minState: 25 min
- Work from home
- 2.9%
- Drive alone
- 71.7%
- Public transit
- 1.3%
- Walk to work
- 1.3%
- Homes with broadband
- 87.7%
Otis vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Otis | 521 | $55,962 | $167,900 | $822 |
| Yuma | 3,459 | $48,338 | $165,500 | $1,040 |
| Akron | 1,722 | $57,321 | $208,100 | $1,067 |
| Eckley | 332 | $60,125 | $118,400 | $935 |
| Merino | 286 | $61,875 | $185,900 | $1,118 |
| Sterling | 13,172 | $43,283 | $217,400 | $1,031 |
| Joes | 105 | $56,250 | $93,600 | — |
| Fleming | 614 | $52,143 | $170,300 | $952 |
| Haxtun | 978 | $63,375 | $233,300 | $575 |
More for people moving to Otis
Otis ZIP code ›Weather and climate ›Living in Otis: FAQ
What is the median household income in Otis, CO?
The median household income in Otis is $55,962, 41% lower than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Otis?
The median home value in Otis is $167,900, compared with $539,400 in Colorado.
How much is rent in Otis?
The median gross rent in Otis is $822 per month, about 26.3% of household income.
Is Otis, CO a good place to live?
Pluses: home values 69% lower than the state median; unemployment of 4%. Minuses: median household income 41% lower than the Colorado median; an average commute of 25 minutes; a poverty rate of 15.2%.
What is the median age in Otis?
The median age in Otis is 33.4 years (Colorado: 37.7).
How long is the commute in Otis?
The average commute to work in Otis is 25 minutes; 2.9% of workers work from home.
What is the unemployment rate in Otis?
The unemployment rate in Otis is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Otis?
19.8% of adults in Otis have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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