Otsego, MN Demographics

The total population of Otsego is estimated to be 20,455 with 10,403 males (50.86%) and 10,052 females (49.14%). There are 351 less females than males in Otsego.
The median household income in Otsego was $123,318 in 2021, which marked an a decrease of 2,271(1.81%) from $125,589 in 2020. This income is 165.29% 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, Otsego sees its highest median household income among householders in the age group of 25 to 44 years old, at $134,081. Overall, the median household income for the city of Otsego stands at $123,318.
In Otsego, the median income for all workers aged 15 years and older, regardless of work hours, was $69,669 for males and $45,168 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $82,253 for males and $57,247 for females.
In Otsego, there are just two different racial groups among households. Among these, Black or African American households report a median household income of $247,231, while White households have a median household income of $120,619.
In 2022, the population of Otsego was 22,424, a 4.67% increase year-by-year from 2021. Previously, in 2021, Otsego's population was 21,424, an increase of 6.21% compared to a population of 20,171 in 2020.
The median age in Otsego, MN is 34.7, as per 2021 ACS 5-Year Estimates. Of the total population, 27.24% were under the age of 15, 15.56% aged 15 to 29, 46.69% aged 30 to 64, 9.97% aged 65 to 84, and 0.54% were 85 years of age and older.
Racial distribution of Otsego population: 88.10% are White, 3.90% are Black or African American, 1.77% are Asian, 0.67% are some other race and 5.56% are multiracial.