Otsego, MN
Population 21,358 · Minnesota
About Otsego, MN
Otsego is a mid-sized city in Minnesota with a population of 21,358 residents. The median household income is $127,219 per year, which is above the national average. The median age in Otsego is 34.4 years.
Housing in Otsego has a median home value of $367,200 and median monthly rent of $1,696. Of the 7,240 total housing units, the majority are owner-occupied, with 6,453 owner-occupied and 621 renter-occupied units.
The unemployment rate in Otsego is 1.5% and the poverty rate is 0.8%. 41.8% of residents hold a bachelor's degree or higher. The average commute time is 32.1 minutes.
Cost of Living in Otsego, MN
Compared to national averages, Otsego has a median household income of $127,219 (69% above the national median of $75,149). Home values average $367,200, which is 50% above the national median. Monthly rent at $1,696 is 46% above the US average of $1,163. Within Minnesota, Otsego's income is 71% above the state average of $74,221, and home values are 80% above the state median of $204,472.
Why Live in Otsego, MN?
Otsego offers a strong local economy with a median household income of $127,219, well above the national average, and a strong job market with an unemployment rate of just 1.5%, and a well-educated community where 41.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.8%, better than the national average.
Otsego has a population of 21,358 with a median age of 34.4 years. Compare Otsego with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Otsego
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Hope | 21,402 | $73,698 | $314,600 | Compare |
| Willmar | 21,136 | $63,368 | $186,000 | Compare |
| West St. Paul | 21,076 | $70,738 | $281,800 | Compare |
| Lino Lakes | 21,847 | $121,800 | $385,000 | Compare |
| Golden Valley | 21,927 | $114,435 | $423,500 | Compare |
| Columbia Heights | 22,016 | $74,688 | $259,900 | Compare |
| Forest Lake | 20,678 | $89,879 | $375,900 | Compare |
| Northfield | 20,678 | $92,000 | $305,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Otsego
What is the population of Otsego, MN?
The population of Otsego, MN is 21,358 according to the latest Census data.
What is the median household income in Otsego?
The median household income in Otsego, MN is $127,219 per year.
What is the median home value in Otsego?
The median home value in Otsego, MN is $367,200.
What is the average rent in Otsego?
The median monthly rent in Otsego, MN is $1,696.
What is the unemployment rate in Otsego?
The unemployment rate in Otsego, MN is 1.5%.