Otter Lake, NY
Population 109 · New York
About Otter Lake, NY
Otter Lake is a small community located in New York with a population of 109 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,750 per year, which is 11% above the national median of $75,149. The median age of 62.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Otter Lake features a median home value of $262,500, which is 7% above the national median of $244,900. This positions Otter Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 284 total housing units, 100% are owner-occupied (66 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Otter Lake shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Otter Lake have an average one-way commute time of 32.4 minutes.
Education & Demographics
48.4% of Otter Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 1.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Otter Lake, NY
Compared to national averages, Otter Lake has a median household income of $83,750 (11% above the national median of $75,149). Home values average $262,500, which is 7% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, Otter Lake's income is 14% below the state average of $96,987, and home values are 32% below the state median of $387,181.
Why Live in Otter Lake, NY?
Otter Lake offers a strong local economy with a median household income of $83,750, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 48.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.7%, better than the national average.
Otter Lake has a population of 109 with a median age of 62.1 years. Compare Otter Lake with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Otter Lake
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oxbow | 109 | $75,875 | $98,400 | Compare |
| Oak Beach | 106 | $0 | $0 | Compare |
| Scottsburg | 106 | $92,083 | $119,600 | Compare |
| Portlandville | 113 | $36,389 | $0 | Compare |
| Websters Crossing | 103 | $100,192 | $0 | Compare |
| Greigsville | 117 | $68,409 | $119,400 | Compare |
| West Hampton Dunes | 101 | $250,001 | $2,000,001 | Compare |
| Cumminsville | 98 | $78,646 | $94,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Otter Lake
What is the population of Otter Lake, NY?
The population of Otter Lake, NY is 109 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in Otter Lake?
The median household income in Otter Lake, NY is $83,750 per year, which is 11% above the national median of $75,149.
What is the median home value in Otter Lake?
The median home value in Otter Lake, NY is $262,500, which is 7% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Otter Lake?
The median monthly rent in Otter Lake, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Otter Lake?
The unemployment rate in Otter Lake, NY is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Otter Lake, NY a good place to live?
Otter Lake offers above-average incomes, a competitive housing market, and a strong job market. With a population of 109 and a median age of 62.1, the city appeals to established professionals and retirees.
How educated is Otter Lake, NY?
48.4% of residents in Otter Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Otter Lake?
Key cost-of-living indicators for Otter Lake, NY: median home value is $262,500 (7% above national), median rent is $0/month, and median household income is $83,750. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Otter Lake?
The poverty rate in Otter Lake, NY is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Otter Lake, NY?
Otter Lake's population is 0.0% White, 1.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.7% two or more races. 0.0% of residents are foreign-born.