Living in Otoe, Nebraska
Cost of living, income, home prices, rent and demographics of Otoe · Census data 2020–2024
Otoe has 160 residents with a median age of 41.5. The median household income is $44,375 (42% lower than the Nebraska median), the median home value is $49,400, the median rent is $1,031/month.
Otoe is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Otoe at a glance
- Population
- 160
- Median age
- 41.5State: 37.2
- Median household income
- $44,375State: $76,475
- Median home value
- $49,400State: $238,600
- Median rent
- $1,031/moState: $1,072
- Homeowners
- 89.7%
- Bachelor's degree or higher
- 14.3%
- Average commute
- 30 min
Is Otoe a good place to live?
Pros: Home values 79% lower than the state median.
Cons: Median household income 42% lower than the Nebraska median; an average commute of 30 minutes; unemployment of 3.7%; a poverty rate of 19.4%.
The weather is best in May–June and September–October.
Cost of living in Otoe
Housing is the biggest part of the cost of living. In Otoe the median home value is $49,400, 85% lower than the U.S. median. Renters pay a median of $1,031 per month, which is 31.9% of household income. Homeowners with a mortgage pay $850 a month in housing costs.
Otoe median household income
The median household income in Otoe is $44,375 and the income per person is $27,116. 19.4% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Otoe: homes for sale and rent
- Housing units
- 98
- Owner-occupied
- 89.7%
- Renter-occupied
- 10.3%
- Vacant
- 30.6%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.35
30.6% of homes are vacant most of the year, a sign that Otoe has many vacation and second homes.
Otoe demographics
- Population
- 160
- Median age
- 41.5
- Under 18
- 25.6%
- 65 and older
- 19.4%
- Households
- 68
- Foreign-born
- 1.3%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Otoe ›
Education in Otoe
14.3% of adults 25 and older in Otoe have a bachelor's degree or higher (Nebraska: 34.6%), and 2.7% have a graduate or professional degree.
Jobs and commute in Otoe
- Unemployment rate
- 3.7%State: 3%
- Average commute
- 30 minState: 19 min
- Work from home
- 3.8%
- Drive alone
- 93.6%
- Public transit
- 2.6%
- Walk to work
- 0%
- Homes with broadband
- 89.7%
Otoe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Otoe | 160 | $44,375 | $49,400 | $1,031 |
| Avoca | 190 | $66,563 | $137,500 | $867 |
| Syracuse | 1,990 | $72,404 | $205,900 | $573 |
| Dunbar | 266 | $90,795 | $68,100 | — |
| Unadilla | 329 | $70,000 | $139,600 | — |
| Nehawka | 109 | $58,958 | $119,300 | $1,125 |
| Weeping Water | 1,407 | $83,750 | $185,800 | $1,021 |
| Union | 215 | $64,000 | $115,600 | $1,075 |
| Elmwood | 774 | $76,944 | $194,800 | $743 |
More for people moving to Otoe
Otoe ZIP code ›Weather and climate ›Living in Otoe: FAQ
What is the median household income in Otoe, NE?
The median household income in Otoe is $44,375, 42% lower than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Otoe?
The median home value in Otoe is $49,400, compared with $238,600 in Nebraska.
How much is rent in Otoe?
The median gross rent in Otoe is $1,031 per month, about 31.9% of household income.
Is Otoe, NE a good place to live?
Pluses: home values 79% lower than the state median. Minuses: median household income 42% lower than the Nebraska median; an average commute of 30 minutes; unemployment of 3.7%; a poverty rate of 19.4%.
What is the median age in Otoe?
The median age in Otoe is 41.5 years (Nebraska: 37.2).
How long is the commute in Otoe?
The average commute to work in Otoe is 30 minutes; 3.8% of workers work from home.
What is the unemployment rate in Otoe?
The unemployment rate in Otoe is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Otoe?
14.3% of adults in Otoe 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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