The Village of Otter Lake had a population of 411 as of July 1, 2020.
The primary coordinate point for Otter Lake is located at latitude 43.2134 and longitude -83.4544 in Lapeer County. The formal boundaries for the Village of Otter Lake encompass a land area of 0.76 sq. miles and a water area of 0.08 sq. miles. Lapeer County is in the Eastern time zone (GMT -5). The elevation is 869 feet.
The Village of Otter Lake (GNIS ID: 2399597) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
|Total Population||411 (100%)|
|Population in Households||408 (99.3%)|
|Population in Families||348 (84.7%)|
|Population in Group Quarters1||3 ( 0.7%)|
|Median Household Income||$63,579|
|Average Household Income||$70,586|
|% of Income for Mortgage4||9%|
|Per Capita Income||$26,529|
|Total HU (Housing Units)||191 (100%)|
|Owner Occupied HU||138 (72.3%)|
|Renter Occupied HU||18 ( 9.4%)|
|Vacant Housing Units||35 (18.3%)|
|Median Home Value||$130,469|
|Average Home Value||$151,439|
|Housing Affordability Index3||304|
|Average Household Size||2.62|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.34%|
|Per Capita Income||1.88%|
|Owner Occupied HU||0.57%|
The table below compares Otter Lake to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2020 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.
|Total Population||# 567||18th|
|Population Density||# 501||28th|
|Median Household Income||# 148||79th|
|Housing Affordability Index||# 645||93rd|
|Per Capita Income||# 342||51st|
|Diversity Index||# 337||52nd|
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.