Housing data for Otsego Lake Township, MI
Otsego Lake Township, MI has an estimated 2,910 residents and 2,197 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Otsego County.
13.9% of households rent.
The median gross rent is $1,330 a month.
Figures last updated on .
- Residents
- 2,910 (±23)
- Housing units
- 2,197 (±175)
- Households that rent
- 13.9%
- Median gross rent
- $1,330
- Residents since 2015–2019
- +0.8%
What stands out in Otsego Lake Township
Renters paying 30% or more of income: 20.4% (±29.8 points) in Otsego Lake Township, lower than in Otsego County (53.3%).
Median gross rent: $1,330 (±$169) in Otsego Lake Township, higher than in Otsego County ($1,008).
Households that rent: 13.9% (±7.5 points) in Otsego Lake Township, lower than in Otsego County (22.8%).
Homes in buildings of 5 or more units: 1.9% (±3.0 points) in Otsego Lake Township, lower than in Otsego County (6.5%).
Housing in Otsego Lake Township at a glance
- Median rent: $1,330 median gross rent a month
- Rent by bedrooms: $1,360 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 20.4% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 13.9% of households rent (Small sample: wide margin of error)
- Income and affordability: $73,073 median household income
- Home values: $218,400 median home value
- Homeowner costs: $1,368 median monthly cost with a mortgage
- Property taxes: $1,886 median real estate taxes a year
- Types of homes: 1.9% of homes are in buildings of 5 or more units
- Bedrooms: 64.0% of homes have 3 or more bedrooms
- Age of homes: 46.7% of homes were built before 1980
- Vacancy rate: 18.5% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 60.5% heat with utility gas
- Commute and cars: 21.5 minutes average trip to work
- Growth: +0.8% residents since 2015–2019
- How long people stay: 28.5% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Otsego Lake Township against Otsego County, its state and the nation
| Otsego Lake Township | Otsego County | Michigan | United States | |
|---|---|---|---|---|
| Residents | 2,910 (±23) | 25,584 (exact) | 10,077,761 (exact) | 334,922,499 |
| Housing units | 2,197 (±175) | 14,882 (±68) | 4,622,236 (±795) | 143,775,355 |
| Households that rent | 13.9% (±7.5 points) | 22.8% (±2.2 points) | 26.8% (±0.2 points) | 34.8% |
| Median gross rent | $1,330 (±$169) | $1,008 (±$83) | $1,129 (±$4) | $1,413 |
| Median household income | $73,073 (±$22,710) | $68,183 (±$4,808) | $72,875 (±$293) | $80,734 |
| Median home value | $218,400 (±$44,651) | $219,700 (±$9,361) | $231,600 (±$642) | $332,700 |
| Median real estate taxes (a year) | $1,886 (±$235) | $1,755 (±$100) | $2,904 (±$9) | $3,119 |
| Built before 1980 | 46.7% (±11.1 points) | 46.4% (±3.7 points) | 62.1% (±0.2 points) | 49.7% |
| Average commute | 21.5 minutes (±3.3) | 20.2 minutes (±1.4) | 24.2 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 94.6% (±5.3 points) | 91.3% (±1.8 points) | 90.5% (±0.1 points) | 91.0% |
| Median age of residents | 55.6 years (±6.9) | 44.4 years (±0.3) | 40.2 years (±0.1) | 38.9 years |
Otsego Lake Township covers 32.7 square miles of land, about 89 residents per square mile (Census Bureau Gazetteer).
How Otsego Lake Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,886 (±19) | 2,910 (±23) | +0.8% | Not a measurable change |
| Housing units | 2,243 (±161) | 2,197 (±175) | −2.1% | Not a measurable change |
| Median gross rent | $926 (±$114) | $1,330 (±$169) | +43.6% | No measurable change after inflation |
| Median home value | $158,500 (±$10,950) | $218,400 (±$44,651) | +37.8% | No measurable change after inflation |
| Median household income | $60,128 (±$8,658) | $73,073 (±$22,710) | +21.5% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,084 (±$170) | $1,368 (±$108) | +26.2% | No measurable change after inflation |
| Median real estate taxes | $1,806 (±$169) | $1,886 (±$235) | +4.4% | Down after inflation |
| Households that rent | 13.1% (±5.1 points) | 13.9% (±7.5 points) | +0.8 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±15.7 points) | 18.5% (±27.8 points) | +18.5 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Otsego County
Otsego Lake Township has no police department of its own in the FBI’s figures, so this is the figure for Otsego County as a whole.
In 2025, the police departments that report for Otsego County recorded 198 violent and 651 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Otsego Lake Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 49735 | 10% | 20,773 | $1,020 | $227,200 | $70,819 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Otsego Lake Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Bagley Township | 5.4 mi | $1,125 | $234,300 | 9.0% |
| Hayes Township (Otsego County) | 6.4 mi | $1,188 | $222,300 | 6.3% |
| Chester Township (Otsego County) | 6.6 mi | $1,188 | $213,700 | 10.0% |
| Maple Forest Township | 6.7 mi | $925 | $172,700 | 9.5% |
| Gaylord | 7.9 mi | $977 | $192,800 | 69.1% |
| Lakes of the North | 11 mi | — | $232,100 | 6.5% |
| Frederic Township | 12 mi | $1,000 | $174,700 | 12.1% |
| Livingston Township | 12 mi | $1,058 | $220,200 | 14.2% |
Places in Michigan most like Otsego Lake Township
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Ferrysburg | $1,257 | $239,900 | $70,400 | 9.5% |
| Newton Township (Calhoun County) | $1,183 | $251,500 | $74,453 | 7.6% |
| Blair Township | $1,332 | $275,200 | $71,582 | 11.7% |
| Fruitport Charter Township | $1,217 | $226,800 | $85,413 | 11.4% |
| Claybanks Township | $1,117 | $275,000 | $68,281 | 11.0% |
| Dalton Township | $1,163 | $210,800 | $81,612 | 6.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Michigan.
HUD Fair Market Rent for Otsego Lake Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $938 | $944 | $1,192 | $1,511 | $1,676 |
HUD income limits for Otsego Lake Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $19,050 | $31,750 | $50,750 |
| 2 people | $21,800 | $36,250 | $58,000 |
| 3 people | $27,320 | $40,800 | $65,250 |
| 4 people | $33,000 | $45,300 | $72,500 |
| 5 people | $38,680 | $48,950 | $78,300 |
| 6 people | $44,360 | $52,550 | $84,100 |
| 7 people | $50,040 | $56,200 | $89,900 |
| 8 people | $55,720 | $59,800 | $95,700 |
These are the limits HUD sets for its housing programs in the Otsego County, MI, where HUD’s median family income for fiscal year 2026 is $90,600.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Otsego Lake Township
What is the average rent in Otsego Lake Township, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Otsego Lake Township is $1,330 (±$169) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
What is the median household income in Otsego Lake Township?
The median household income in Otsego Lake Township is $73,073 (±$22,710) a year (2020–2024 American Community Survey).
What is the average home value in Otsego Lake Township, MI?
The Census Bureau publishes the median: $218,400 (±$44,651) for owner-occupied homes in Otsego Lake Township (2020–2024 American Community Survey).
What is the average mortgage payment in Otsego Lake Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Otsego Lake Township, MI is $1,368 (±$108) a month, including taxes, insurance and utilities.
How much are property taxes in Otsego Lake Township?
The median real estate tax paid by homeowners in Otsego Lake Township, MI is $1,886 (±$235) a year (2020–2024 American Community Survey).
How many homes are in Otsego Lake Township?
Otsego Lake Township, MI has an estimated 2,197 (±175) housing units, occupied and vacant (2020–2024 American Community Survey).
Is Otsego Lake Township growing?
In Otsego Lake Township, the number of residents went from 2,886 in 2015–2019 to 2,910 in 2020–2024 (+0.8%), not a measurable change.
What ZIP codes are in Otsego Lake Township?
The ZIP code that covers Otsego Lake Township is 49735.
What is the median rent in ZIP code 49735?
The median gross rent in ZIP Code Tabulation Area 49735 is $1,020 (±$90) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Otsego Lake township, Otsego County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Otsego Lake township, Otsego County, Michigan
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Otsego Lake township, Otsego County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Otsego Lake township, Otsego County, Michigan
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Otsego Lake township, Otsego County, Michigan
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Otsego Lake township, Otsego County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Otsego Lake township, Otsego County, Michigan
- HUD Fair Market Rents, fiscal year 2027: Otsego County, MI
- HUD Income Limits, fiscal year 2026: Otsego County, MI
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Otsego Lake township, Otsego County, Michigan (county subdivision:61680, in state:26 county:137).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .