Otsego, MI Profile: Facts & Data

Advertisement

Otsego Local Links & Resources:
Resources | ALL Otsego Content
Planning to visit Otsego? See Local Hotels

Also See Otsego, MI: ZIP Codes & Maps

Otsego, Michigan - Basic Facts

The City of Otsego had a population of 4,109 as of July 1, 2023. Otsego ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Otsego is located at latitude 42.4606 and longitude -85.6964 in Allegan County. The formal boundaries for the City of Otsego encompass a land area of 2.07 sq. miles and a water area of 0.06 sq. miles. Allegan County is in the Eastern time zone (GMT -5).

The City of Otsego has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Otsego 2023 Demographic Data
  2. Growth Rates for Otsego (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Michigan Research Tools (Easy Tools & Current Data)
  3. Michigan Data Comparison Tool - 2023 Demographics
Advertisement

Otsego, MI Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 4,109 (100%)
Population in Households 4,095 (99.7%)
Population in Families 3,276 (79.7%)
Population in Group Quarters1 14 ( 0.3%)
Population Density 2,023
Diversity Index2 23
 
 

INCOME

Median Household Income $67,982
Average Household Income $85,911
% of Income for Mortgage4 14%
Per Capita Income $34,858
Wealth Index5 60
Socioeconomic Status Index6 Moderate (47.0)
 

HOUSING

Total HU (Housing Units) 1,743 (100%)
Owner Occupied HU 1,249 (71.7%)
Renter Occupied HU 418 (24.0%)
Vacant Housing Units 76 ( 4.4%)
Median Home Value $154,954
Average Home Value $198,619
Housing Affordability Index3 163
 

HOUSEHOLDS

Total Households 1,667
Average Household Size 2.46
Family Households 1,079
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.08% -0.23%
Households 0.19% 0.00%
Families   -0.24%
Median Household Income   2.75%
Per Capita Income   2.61%
Owner Occupied HU   0.33%

Otsego, MI - Peer Comparisons by Rank and Percentile

The table below compares Otsego to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 205 73rd
Population Density # 137 82nd
Median Household Income # 226 70th
Housing Affordability Index # 612 82nd
Per Capita Income # 308 59th
Diversity Index # 395 47th

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

Otsego, MI - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Michigan Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2023, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Michigan Census Data Comparison Tool

Compare Michigan July 1, 2023 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement