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ZipNumbers

Michigan · Census place 61620

Otsego city, MI

Quick answer

Otsego city has 4,079 residents, ranking #206 of 745 places in Michigan. Median household income is $76,944, the median home is worth $155,500 and median gross rent runs $1,133 a month.

Population
4,079Otsego city residents
Median household income
$76,944Past 12 months, inflation adjusted
Median home value
$155,500Owner-occupied units
Median gross rent
$1,133Rent plus utilities, monthly
Median age
39.3 yrsAll residents
Homeownership rate
72.2%Owner-occupied households

What the numbers mean in Otsego city

Housing cost measured against local earnings.

A household earning the Otsego city median would spend about 17.7% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.4% of residents and 72.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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