Living in Otis, Maine
Cost of living, income, home prices, rent and demographics of Otis · Census data 2020–2024
Otis has 705 residents with a median age of 54.7. The median household income is $101,250 (35% higher than the Maine median), the median home value is $282,500, the median rent is $1,563/month.
Otis is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Otis at a glance
- Population
- 705
- Median age
- 54.7State: 44.8
- Median household income
- $101,250State: $74,733
- Median home value
- $282,500State: $296,600
- Median rent
- $1,563/moState: $1,139
- Homeowners
- 89.5%
- Bachelor's degree or higher
- 34.8%
- Average commute
- 42 min
Is Otis a good place to live?
Pros: Median household income 35% higher than the Maine median; home values 5% lower than the state median; unemployment of 0.5%; a poverty rate of 7.8%.
Cons: An average commute of 42 minutes.
The weather is best in June to September.
Cost of living in Otis
Housing is the biggest part of the cost of living. In Otis the median home value is $282,500, 15% lower than the U.S. median. Renters pay a median of $1,563 per month, which is 18.9% of household income. Homeowners with a mortgage pay $1,650 a month in housing costs.
Otis median household income
The median household income in Otis is $101,250 and the income per person is $46,200. 7.8% of residents live below the poverty line (Maine: 10.7%).
Housing in Otis: homes for sale and rent
- Housing units
- 744
- Owner-occupied
- 89.5%
- Renter-occupied
- 10.5%
- Vacant
- 60.5%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.40
60.5% of homes are vacant most of the year, a sign that Otis has many vacation and second homes.
Otis demographics
- Population
- 705
- Median age
- 54.7
- Under 18
- 16.6%
- 65 and older
- 20.9%
- Households
- 294
- Foreign-born
- 1.6%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Otis ›
Education in Otis
34.8% of adults 25 and older in Otis have a bachelor's degree or higher (Maine: 36.2%), and 15.8% have a graduate or professional degree.
Jobs and commute in Otis
- Unemployment rate
- 0.5%State: 3.8%
- Average commute
- 42 minState: 25 min
- Work from home
- 5.1%
- Drive alone
- 89.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 98%
Otis vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Otis | 705 | $101,250 | $282,500 | $1,563 |
| Dedham | 1,656 | $111,442 | $356,400 | $1,422 |
| Clifton | 1,111 | $70,313 | $202,500 | $1,217 |
| Mariaville | 724 | $66,027 | $215,400 | $1,169 |
| Ellsworth | 8,657 | $77,375 | $242,300 | $1,017 |
| Holden | 3,352 | $92,200 | $289,400 | — |
| Waltham | 346 | $71,071 | $181,300 | $850 |
| Eddington | 2,223 | $75,350 | $268,000 | $1,127 |
| Amherst | 424 | $72,656 | $210,200 | — |
More for people moving to Otis
Otis ZIP code ›Weather and climate ›Living in Otis: FAQ
What is the median household income in Otis, ME?
The median household income in Otis is $101,250, 35% higher than the Maine median of $74,733 (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 $282,500, compared with $296,600 in Maine.
How much is rent in Otis?
The median gross rent in Otis is $1,563 per month, about 18.9% of household income.
Is Otis, ME a good place to live?
Pluses: median household income 35% higher than the Maine median; home values 5% lower than the state median; unemployment of 0.5%; a poverty rate of 7.8%. Minuses: an average commute of 42 minutes.
What is the median age in Otis?
The median age in Otis is 54.7 years (Maine: 44.8).
How long is the commute in Otis?
The average commute to work in Otis is 42 minutes; 5.1% of workers work from home.
What is the unemployment rate in Otis?
The unemployment rate in Otis is 0.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Otis?
34.8% 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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