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The total population of Otsego township is estimated to be 5,915 with 2,868 males (48.49%) and 3,047 females (51.51%). There are 179 more females than males in Otsego township.
The median household income in Otsego township was $75,439 in 2021, which marked an an increase of 7,064(10.33%) from $68,375 in 2020. This income is 101.12% 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 township sees its highest median household income among householders in the age group of 25 to 44 years old, at $87,074. Overall, the median household income for the township of Otsego township stands at $75,439.
In Otsego township, the median income for all workers aged 15 years and older, regardless of work hours, was $44,344 for males and $27,602 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,879 for males and $45,488 for females.
In Otsego township, population is primarily represented by White households, reporting a median income of $70,024.
In 2022, the population of Otsego township was 5,961, a 0.23% decrease year-by-year from 2021. Previously, in 2021, Otsego township's population was 5,975, an increase of 1.05% compared to a population of 5,913 in 2020.
The median age in Otsego Township, Michigan is 39.9, as per 2021 ACS 5-Year Estimates. Of the total population, 19.13% were under the age of 15, 16.71% aged 15 to 29, 48.72% aged 30 to 64, 14.37% aged 65 to 84, and 1.07% were 85 years of age and older.
Racial distribution of Otsego township population: 91.51% are White, 0.68% are Black or African American, 0.12% are American Indian and Alaska Native, 0.75% are Asian and 6.94% are multiracial.