Living in Otsego, Michigan
Cost of living, income, home prices, rent and demographics of Otsego · Census data 2020–2024
Otsego has 4,074 residents with a median age of 35.8. The median household income is $74,156 (about the same as the Michigan median), the median home value is $160,500, the median rent is $1,119/month.
Otsego at a glance
- Population
- 4,074
- Median age
- 35.8State: 40.2
- Median household income
- $74,156State: $72,875
- Median home value
- $160,500State: $231,600
- Median rent
- $1,119/moState: $1,129
- Homeowners
- 73%
- Bachelor's degree or higher
- 13.5%
- Average commute
- 20 min
Is Otsego a good place to live?
Pros: Median household income about the same as the Michigan median; home values 31% lower than the state median; an average commute of 20 minutes; unemployment of 2.3%; a poverty rate of 5.3%.
The weather is best in June to September.
Cost of living in Otsego
Housing is the biggest part of the cost of living. In Otsego the median home value is $160,500, 52% lower than the U.S. median. Renters pay a median of $1,119 per month, which is 25.9% of household income. Homeowners with a mortgage pay $1,144 a month in housing costs.
Otsego median household income
The median household income in Otsego is $74,156 and the income per person is $26,669. 5.3% of residents live below the poverty line (Michigan: 13.2%).
Housing in Otsego: homes for sale and rent
- Housing units
- 1,511
- Owner-occupied
- 73%
- Renter-occupied
- 27%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.69
Otsego demographics
- Population
- 4,074
- Median age
- 35.8
- Under 18
- 28.5%
- 65 and older
- 13.3%
- Households
- 1,511
- Foreign-born
- 9.6%
- Veterans
- 3%Adults 18+
Hispanic or Latino can be of any race. Population history of Otsego ›
Education in Otsego
13.5% of adults 25 and older in Otsego have a bachelor's degree or higher (Michigan: 32.4%), and 4.8% have a graduate or professional degree.
Jobs and commute in Otsego
- Unemployment rate
- 2.3%State: 5.7%
- Average commute
- 20 minState: 24 min
- Work from home
- 2.8%
- Drive alone
- 83.9%
- Public transit
- 0.1%
- Walk to work
- 0.8%
- Homes with broadband
- 88.8%
Otsego vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Otsego | 4,074 | $74,156 | $160,500 | $1,119 |
| Plainwell | 3,763 | $66,525 | $220,500 | $900 |
| Martin | 579 | $60,357 | $176,000 | $369 |
| Allegan | 5,172 | $52,925 | $176,600 | $1,115 |
| Westwood | 8,867 | $58,205 | $193,400 | $1,233 |
| Gobles | 595 | $44,250 | $104,200 | $630 |
| Parchment | 2,008 | $72,798 | $184,000 | $1,045 |
| Hopkins | 773 | $75,417 | $241,700 | — |
| Comstock Northwest | 5,391 | $73,475 | $261,100 | $1,080 |
More for people moving to Otsego
Otsego ZIP code ›Weather and climate ›Living in Otsego: FAQ
What is the median household income in Otsego, MI?
The median household income in Otsego is $74,156, about the same as the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Otsego?
The median home value in Otsego is $160,500, compared with $231,600 in Michigan.
How much is rent in Otsego?
The median gross rent in Otsego is $1,119 per month, about 25.9% of household income.
Is Otsego, MI a good place to live?
Pluses: median household income about the same as the Michigan median; home values 31% lower than the state median; an average commute of 20 minutes; unemployment of 2.3%; a poverty rate of 5.3%.
What is the median age in Otsego?
The median age in Otsego is 35.8 years (Michigan: 40.2).
How long is the commute in Otsego?
The average commute to work in Otsego is 20 minutes; 2.8% of workers work from home.
What is the unemployment rate in Otsego?
The unemployment rate in Otsego is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Otsego?
13.5% of adults in Otsego 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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