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ZipNumbers

Minnesota · Census place 49138

Otsego city, MN

Quick answer

Otsego city has 21,358 residents, ranking #55 of 914 places in Minnesota. Median household income is $127,219, the median home is worth $367,200 and median gross rent runs $1,696 a month.

Population
21,358Otsego city residents
Median household income
$127,219Past 12 months, inflation adjusted
Median home value
$367,200Owner-occupied units
Median gross rent
$1,696Rent plus utilities, monthly
Median age
34.4 yrsAll residents
Homeownership rate
91.2%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 16% 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 0.8% of residents and 91.2% 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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