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Otsego, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
22,245
Population
$119,927
Median Income
$396,700
Home Value
34.9
Median Age

Demographics

Otsego has a population of 22,245 with a median age of 34.9. Here is the racial and ethnic breakdown of the population:

White
81.1%
Black
8.2%
Asian
3.6%
Other
3.6%
Hispanic
3.5%
Demographic Value
Total Population22,245
Median Age34.9
White81.1%
Black or African American8.2%
Asian3.6%
Hispanic or Latino3.5%
Other / Two or More Races3.6%
Otsego, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 81.1%Black: 8.2%Asian: 3.6%Other: 3.6%Hispanic/Latino: 3.5%22,245PopulationWhiteWhite81.1%BlackBlack8.2%AsianAsian3.6%OtherOther3.6%Hispanic/LatinoHispanic/Latino3.5%

Income & Economy

The median household income in Otsego is $119,927, which is 48.8% above the national median of $80,610. The per capita income is $48,748. The poverty rate is 3.5%.

$119,927
Median Household Income
$48,748
Per Capita Income
3.5%
Poverty Rate

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Education

In Otsego, 93.7% of residents age 25+ have a high school diploma or higher, and 40.0% hold a bachelor's degree or higher (7.9% with a graduate or professional degree).

HS Diploma+
93.7%
Bachelor's+
40.0%
Graduate+
7.9%
Education Level % of Adults (25+)
High School Diploma or Higher93.7%
Bachelor's Degree or Higher40.0%
Graduate or Professional Degree7.9%

Housing

The median home value in Otsego is $396,700, above the national median of $303,400. The median monthly rent is $1,765. The homeownership rate is 92.7%.

$396,700
Median Home Value
$1,765/mo
Median Rent
92.7%
Homeownership Rate
Housing Metric Value
Median Home Value$396,700
Median Monthly Rent$1,765
Homeownership Rate92.7%
Vacancy Rate3.1%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Otsego, Minnesota?
The population of Otsego, Minnesota is 22,245 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Otsego, Minnesota?
The median household income in Otsego, Minnesota is $119,927. This is 48.8% above the national median of $80,610.
What is the median home value in Otsego, Minnesota?
The median home value in Otsego, Minnesota is $396,700. The median monthly rent is $1,765.
What percentage of people in Otsego have a college degree?
In Otsego, Minnesota, 40.0% of adults age 25 and older hold a bachelor's degree or higher, and 93.7% have a high school diploma or higher.
Is Otsego, Minnesota an affordable place to live?
The home price-to-income ratio in Otsego, Minnesota is 3.3x (median home value $396,700 vs. median income $119,927), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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