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ZipNumbers

New York · Census place 55618

Otego village, NY

Quick answer

Otego village has 965 residents, ranking #874 of 1292 places in New York. Median household income is $76,908, the median home is worth $173,800 and median gross rent runs $929 a month.

Population
965Otego village residents
Median household income
$76,908Past 12 months, inflation adjusted
Median home value
$173,800Owner-occupied units
Median gross rent
$929Rent plus utilities, monthly
Median age
44.9 yrsAll residents
Homeownership rate
64.1%Owner-occupied households

What the numbers mean in Otego village

Housing cost measured against local earnings.

A household earning the Otego village median would spend about 14.5% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.9% of residents and 64.1% 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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