Colorado · Census place 56365
Otis town, CO
Quick answer
Otis town has 582 residents, ranking #273 of 482 places in Colorado. Median household income is $52,237, the median home is worth $151,400 and median gross rent runs $875 a month.
- Population
- 582Otis town residents
- Median household income
- $52,237Past 12 months, inflation adjusted
- Median home value
- $151,400Owner-occupied units
- Median gross rent
- $875Rent plus utilities, monthly
- Median age
- 33.6 yrsAll residents
- Homeownership rate
- 67.9%Owner-occupied households
What the numbers mean in Otis town
Housing cost measured against local earnings.
A household earning the Otis town median would spend about 20.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14% of residents and 67.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Colorado.
- Flagler town 597
- La Jara town 593
- Upper Witter Gulch CDP 588
- San Luis town 582
- Central city 576
- Simla town 576
- Norwood town 565
Keep going
More Colorado coverage.