Pros and Cons of Living In Otsego, Minnesota. Is Otsego, MN a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

Otsego, Minnesota

Moving to Otsego In Minnesota ? Is Otsego, MN a Nice Place To Live? Pros and Cons of Living in Otsego, Minnesota. Find out the best and worst about to live, raise a family or retire in Otsego.

Otsego ( ot-SEE-goh) is a city in Wright County, Minnesota, United States. It is a northwest suburb within the Minneapolis–Saint Paul metropolitan area. The population was 19,966 at the 2020 census, further growing to 23,241 by 2023. Otsego is the largest city in Wright County, and the 47th largest city in Minnesota. Minnesota State Highway 101 and Interstate 94 serve as the main routes in the city.

DEMOGRAPHICS

Population
17429
Unemployment
2.1%
55% NAT AVG.
Poverty
0.8%
94% NAT AVG.
Cost Of Living
107
7% NAT AVG.

ECONOMICS

Median Home Cost
$282500
23% NAT AVG.
Median Income
$110833
64% NAT AVG.
Median Rent
$1386
19% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 125
Unemployed People
1 in 48
People Earning < $10,000
1 in 250
People Earning < $50,000
12.1%
People With Any Degree
1 in 1.8

ETHNICITY

Ethnicity Otsego USA
White 92.6% 60.1%
African American 2.2% 12.2%
American Indian 0.1% 0.6%
Asian 1.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.1% 2.8%
Hispanic 1.2% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Otsego USA
Less than $10,000 0.4% 5.8%
$10,000 to $14,999 1.2% 4.1%
$15,000 to $24,999 1% 8.5%
$25,000 to $34,999 1.3% 8.6%
$35,000 to $49,999 8.2% 12.0%
$50,000 to $74,999 15.7% 17.2%
$75,000 to $99,999 16.4% 12.8%
$100,000 to $149,999 28.5% 15.6%
$150,000 to $199,999 21% 7.1%

EDUCATION

Education Otsego USA
< 9th Grade 2% 5.0%
9-12th Grade 5% 7.0%
High School or GED 18% 27.0%
Other College 19% 20.0%
Associate's Degree 17% 9%
Bachelor's Degree 27% 20.0%
Master's Degree 8% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 1% 1.0%
Otsego is a city in Minnesota state in USA with a population of 17429 residents.. The poverty rate of Otsego is 0.8%, which is 94% lower than national average. The typical household in Otsego earns $110833 a year, compared to the national median of $67,500. Nearly 12.1% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Otsego remained 2.1%, which is 55% lower than national rate.

Cost of living in Otsego is 107, which is 7% higher than national average. In Otsego, only 39% of adults have a bachelor's degree and 36% have some college but no degree. Median home value in Otsego is $282500 , which is 23% higher than national average. While median income in Otsego remained $110833, which is 64% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Otsego Scorecard

Jobs90%

Housing85%

Affordability85%

Safety70%

Amenities70%

Diversity50%

Education85%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS