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The total population of Otego is estimated to be 845 with 429 males (50.77%) and 416 females (49.23%). There are 13 less females than males in Otego.
The median household income in Otego was $58,713 in 2021, which marked an a decrease of 4,743(7.47%) from $63,456 in 2020. This income is 78.70% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Otego sees its highest median household income among householders in the age group of 45 to 64 years old, at $78,216. Overall, the median household income for the village of Otego stands at $58,713.
In Otego, the median income for all workers aged 15 years and older, regardless of work hours, was $30,851 for males and $37,562 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,720 for males and $55,622 for females.
In Otego, there are just two different racial groups among households. Among these, Asian households report a median household income of $158,083, while White households have a median household income of $59,300.
In 2022, the population of Otego was 924, a 0.86% decrease year-by-year from 2021. Previously, in 2021, Otego's population was 932, a decline of 0.32% compared to a population of 935 in 2020.
The median age in Otego, NY is 48.2, as per 2021 ACS 5-Year Estimates. Of the total population, 15.39% were under the age of 15, 17.48% aged 15 to 29, 39.35% aged 30 to 64, 22.57% aged 65 to 84, and 5.21% were 85 years of age and older.
Racial distribution of Otego population: 91.90% are White, 1.85% are Black or African American, 0.81% are Asian, 1.27% are some other race and 4.17% are multiracial.