What percentage of people rent in Otsego, MI?

27.0% (±9.7 points) of the occupied homes in Otsego, MI are rented (2020–2024 American Community Survey).

That is 408 renting households against 1,103 that own their home.

In Otsego, the share of households that rent went from 33.6% in 2015–2019 to 27.0% in 2020–2024 (−6.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
27.0% (±9.7 points)
Renting households
408 (±145)
Median renter income
$72,547 (±$15,934)

Who rents and who owns in Otsego

Tenure, estimate (90% margin of error)
OtsegoAllegan CountyMichiganUnited States
Renter-occupied share27.0% (±9.7 points)12.6% (±1.0 points)26.8% (±0.2 points)34.8%
Renting households408 (±145)5,750 (±486)1,092,179 (±7,674)45,017,354
Owning households1,103 (±208)39,772 (±704)2,984,190 (±12,886)84,210,142
Average renter household size3.0 (±0.6)2.4 (±0.2)2.1 (±0.0)2.3
Average owner household size2.6 (±0.3)2.7 (±0.0)2.5 (±0.0)2.6
Median renter household income$72,547 (±$15,934)$42,221 (±$4,567)$42,352 (±$376)$52,966
Median owner household income$80,443 (±$12,027)$88,473 (±$2,527)$87,130 (±$344)$100,009

In Otsego, the renter share is higher than in Allegan County (12.6%).

It is not measurably different from Michigan (26.8%).

It is not measurably different from the national figure (34.8%).

In Allegan County, Otsego ranks 5 of 31 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 258 of 1,520.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Otsego has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent33.6% (±7.5 points)27.0% (±9.7 points)−6.6 percentage pointsNot a measurable change
Median gross rent$727 (±$164)$1,119 (±$541)+53.9%No measurable change after inflation
Median household income$46,446 (±$4,845)$74,156 (±$7,774)+59.7%Up 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.

Households that rent in places near Otsego

Nearest places with a published estimate, compared with Otsego
PlaceDistanceHouseholds that rentCompared with this place
Otsego—27.0% (±9.7 points)—
Otsego Township2.0 mi22.5% (±6.5 points)Not measurably different
Plainwell3.0 mi30.8% (±8.0 points)Not measurably different
Alamo Township5.4 mi5.3% (±4.1 points)Lower
Gun Plain Township5.6 mi7.8% (±4.1 points)Lower
Martin6.2 mi18.8% (±9.0 points)Not measurably different
Watson Township6.3 mi5.1% (±3.1 points)Lower
Trowbridge Township7.5 mi13.9% (±6.5 points)Lower
Martin Township7.6 mi12.2% (±3.9 points)Lower

Nearby places with a measurably lower figure: Alamo Township, MI (5.3%), Gun Plain Township, MI (7.8%), Watson Township, MI (5.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Allegan County, place by place

RankPlaceHouseholds that rent
1Fennville36.2% (±9.6 points)
2Allegan31.3% (±10.0 points)
3Plainwell30.8% (±8.0 points)
4Wayland28.8% (±7.6 points)
5Otsego27.0% (±9.7 points)
6Otsego Township22.5% (±6.5 points)
7Lee Township (Allegan County)20.0% (±7.7 points)
8Saugatuck16.1% (±7.9 points)
9Cheshire Township14.0% (±7.6 points)
10Trowbridge Township13.9% (±6.5 points)
11Martin Township12.2% (±3.9 points)

Showing 11 of 31 places in Allegan County, ranked from highest to lowest.

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

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Questions about Otsego

How many renters are there in Otsego?

Otsego has an estimated 408 (±145) renting households, 27.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Otsego?

In Otsego, the share of households that rent went from 33.6% in 2015–2019 to 27.0% in 2020–2024 (−6.6 percentage points), not a measurable change.

How big are renting households in Otsego?

A renting household in Otsego has 3.0 people on average, against 2.6 in an owned home.

How much do renters earn in Otsego?

The median renting household in Otsego, MI has an income of $72,547 (±$15,934) a year, against $80,443 for households that own their home.

Sources

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) and detailed tables (acs/acs5) for Otsego city, Michigan (place:61620, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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