Otsego, Minnesota
Moving to or Living in Otsego Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Otsego, Minnesota
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Explore the life in Otsego based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Otsego, Minnesota
Is Otsego, Minnesota a good place to live?
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.
A high school education is a basic prerequisite for most jobs, and in Otsego, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Otsego remained 2.1%, which is 55% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Otsego, only 39% of adults have a bachelor's degree and 36% have some college but no degree.
Cost of living in Otsego is 107, which is 7% higher than national average. 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.
A high school education is a basic prerequisite for most jobs, and in Otsego, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Otsego remained 2.1%, which is 55% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Otsego, only 39% of adults have a bachelor's degree and 36% have some college but no degree.
Cost of living in Otsego is 107, which is 7% higher than national average. 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.
Population
17429
Unemployment
2.1%
Poverty
0.8%
Overall Score
6
Median Home
$282500
23%
NAT AVG.
Median Income
$110833
64%
NAT AVG.
Median Rent
$1386
19%
NAT AVG.
Cost Of Living
107
7%
NAT AVG.
People Living BPL
1 in 125
Unemployed People
1 in 48
People Earning < $10,000
1 in 250
People Earning < $50,000
12.1%
People with <= High School
1 in 4
People With Any Degree
1 in 1.8
Pros & Cons Overview
Jobs90%
Housing85%
Affordability85%
Safety70%
Amenities70%
Diversity50%
Education85%
Commute40%
Cost of Living
| Expense | Otsego | Minnesota | National Avg. |
|---|---|---|---|
| Services | 110 | 106 | 100 |
| Groceries | 104 | 102 | 100 |
| Health | 102 | 113 | 100 |
| Housing | 116 | 101 | 100 |
| Transportation | 103 | 102 | 100 |
| Utilities | 99 | 98 | 100 |
Cost of Living
Otsego Minnesota
Gender
| Gender | Otsego | Minnesota | Country |
|---|---|---|---|
| Female | 47.2% | 50.2% | 50.8% |
| Male | 52.8% | 49.8% | 49.2% |
Gender
Female Male
Household Income
< $10000 $10K to $15K $15K to $25K $25K to $35K $35K to $50K $50K to $75K $75K to $100K $100K to $150K $150K to $200K $200K or more
| Income | Otsego | Minnesota | Country |
|---|---|---|---|
| Less than $10,000 | 0.4% | 4.1% | 5.8% |
| $10,000 to $14,999 | 1.2% | 3.4% | 4.1% |
| $15,000 to $24,999 | 1% | 7% | 8.5% |
| $25,000 to $34,999 | 1.3% | 7.5% | 8.6% |
| $35,000 to $49,999 | 8.2% | 11.5% | 12.0% |
| $50,000 to $74,999 | 15.7% | 17.4% | 17.2% |
| $75,000 to $99,999 | 16.4% | 14.1% | 12.8% |
| $100,000 to $149,999 | 28.5% | 18.3% | 15.6% |
| $150,000 to $199,999 | 21% | 8.2% | 7.1% |
| $200,000 or more | 6.2% | 8.5% | 8.3% |
Education
< 9th Grade 9-12th Grade High School or GED Other College Associate Degree Bachelor Degree Masters Degree Professional Degree Doctorate Degree
| Education | Otsego | Minnesota | Country |
|---|---|---|---|
| < 9th Grade | 2% | 3% | 5.0% |
| 9-12th Grade | 5% | 4% | 7.0% |
| High School or GED | 18% | 24% | 27.0% |
| Other College | 19% | 21% | 20.0% |
| Associate's Degree | 17% | 12% | 9% |
| Bachelor's Degree | 27% | 24% | 20.0% |
| Master's Degree | 8% | 9% | 9.0% |
| Professional Degree | 3% | 2% | 2.0% |
| Doctorate Degree | 1% | 1% | 1.0% |
Household Income
Otsego Minnesota Country
Education
Otsego Minnesota Country
Race / Ethnicity
White African American American Indian Asian Hispanic Hawaiian Mixed Other
| Ethnicity | Otsego | Minnesota | Country |
|---|---|---|---|
| White | 92.6% | 79% | 60.1% |
| African American | 2.2% | 6.3% | 12.2% |
| American Indian | 0.1% | 0.9% | 0.6% |
| Asian | 1.8% | 4.9% | 5.6% |
| Hawaiian | 0% | 0% | 0.2% |
| Other | 0% | 0.3% | 0.3% |
| Multiracial | 2.1% | 3.1% | 2.8% |
| Hispanic | 1.2% | 5.5% | 18.2% |
Race / Ethnicity
Otsego Minnesota Country