Is Otsego Lake Township, MI growing?
Otsego Lake Township, MI had an estimated 2,910 (±23) residents in 2020–2024, against 2,886 in 2015–2019.
That is a change of +0.8%, not a measurable change.
Its housing went from 2,243 to 2,197 homes (−2.1%), not a measurable change.
1.5% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 2,910 (±23)
- Amount of change
- +0.8%
- Homes change
- −2.1%
- Built 2020 or later
- 1.5%
Residents and homes in Otsego Lake Township, 2015–2019 and 2020–2024
| 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 |
| Households that rent | 13.1% (±5.1 points) | 13.9% (±7.5 points) | +0.8 percentage points | 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 |
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.
Growth in Otsego Lake Township against Otsego County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Otsego Lake Township | +0.8% | Not a measurable change | −2.1% |
| Otsego County | +4.5% | Measurable increase | −0.1% |
| Michigan | +1.1% | Measurable increase | +0.6% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Otsego Lake Township
| Year built | Otsego Lake Township | Otsego County | Michigan | United States |
|---|---|---|---|---|
| 2020 or later | 1.5% (±2.0 points) | 1.1% | 1.0% | 2.0% |
| 2010 to 2019 | 1.5% (±1.6 points) | 5.7% | 4.9% | 9.4% |
| 2000 to 2009 | 19.7% (±5.8 points) | 15.0% | 10.3% | 13.6% |
3.0% of the homes in Otsego Lake Township were built in 2010 or later.
The median age of residents is 55.6 years.
Growth in places near Otsego Lake Township
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Otsego Lake Township | — | 2,910 | +0.8% | Not a measurable change |
| Bagley Township | 5.4 mi | 5,994 | +0.7% | Not a measurable change |
| Hayes Township (Otsego County) | 6.4 mi | 2,777 | +3.6% | Measurable increase |
| Chester Township (Otsego County) | 6.6 mi | 1,234 | +0.6% | Not a measurable change |
| Maple Forest Township | 6.7 mi | 786 | −1.6% | Not a measurable change |
| Gaylord | 7.9 mi | 4,357 | +18.9% | Measurable increase |
| Lakes of the North | 11 mi | 1,524 | +89.3% | Measurable increase |
| Frederic Township | 12 mi | 1,217 | +6.6% | Not a measurable change |
| Livingston Township | 12 mi | 2,700 | +5.0% | Measurable increase |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Otsego Lake Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Otsego Lake Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Otsego Lake Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Otsego Lake Township, and send estimates and invoices from your phone.
Questions about Otsego Lake Township
Is Otsego Lake Township growing?
Otsego Lake Township, MI had an estimated 2,910 residents in 2020–2024 and 2,886 in 2015–2019, a change of +0.8%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Otsego Lake Township?
The estimated number of housing units went from 2,243 in 2015–2019 to 2,197 in 2020–2024 (−2.1%), not a measurable change.
How much new construction is there in Otsego Lake Township?
1.5% of homes in Otsego Lake Township were built in 2020 or later and 1.5% between 2010 and 2019.
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
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Otsego Lake township, Otsego County, Michigan
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Otsego Lake township, Otsego County, Michigan
- Selected Housing Characteristics (DP04), 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
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Otsego Lake township, Otsego County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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 .
Related
- Housing in Otsego Lake Township at a glance
- Median rent in Otsego Lake Township
- Income and affordability in Otsego Lake Township
- Home values in Otsego Lake Township
- Homeowner costs in Otsego Lake Township
- Property taxes in Otsego Lake Township
- Types of homes in Otsego Lake Township
- Bedrooms in Otsego Lake Township
- Age of homes in Otsego Lake Township
- Heating fuel in Otsego Lake Township
- Commute and cars in Otsego Lake Township
- How long people stay in Otsego Lake Township
- Michigan landlord and tenant rules
- Housing across Otsego County
- Housing data for every place in Michigan