Median Income
$49,600
34% lower than US avg
Home Value
$180,000
36% lower than US avg
Bachelor's+
4.6%
86% lower than US avg
Median Rent
$560
52% lower than US avg
Unemployment
8.0%
122% higher than US avg
Poverty Rate
27.6%
123% higher than US avg
How Otter Lake Compares to the U.S. Average (100% = U.S. avg)
People
Population1,041
Median Age56.0 yrs
Density6/mi²
Male / Female51% / 49%
Largest GroupWhite 99%
Economy
C
Median Income$49,600
Per Capita$37,200
Unemployment8.0%
Poverty27.6%
Commute31 min
Housing
A+
Home Value$180,000
Rent$560
OwnershipN/A
Housing Units480
Rent Burden15.8%
Education
F
Bachelor's+4.6%
High School+28.9%
Graduate+0.0%
Is Otter Lake a Good Place to Live?
Based on current data, Otter Lake receives an overall livability score of 2.7 out of 5.0, earning a grade of C+. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Otter Lake has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Otter Lake is $49,600, 34% below the national average of $75,149. At 8.0%, unemployment is notably high. The poverty rate of 27.6% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 31 minutes.
Cost of Living & Housing
The median home value in Otter Lake is $180,000, 36% below the national median — offering relatively affordable homeownership. Renters pay a median of $560 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.6x indicates a reasonably affordable housing market.
Education
4.6% of residents hold a bachelor's degree, below the national average of 33.7%. 28.9% have completed high school.
Otter Lake has a population of 1,041 with a density of 6 people per square mile. The median age is 56.0 years, 44% older than the national median of 38.9. The city is predominantly White (99%).
Population
56.0yrs
Median Age
44% above US avg
Race & Ethnicity
Otter Lake vs U.S. Average
Language Spoken at Home
| English Only | 56.3% |
| 28% below US avg |
| Spanish | 38.5% |
| 187% above US avg |
| Other Languages | 5.3% |
Social Characteristics
Otter Lake vs U.S. Average
The median household income in Otter Lake is $49,600, which is 34% below the national average of $75,149. The unemployment rate is 8.0% (above the 3.6% US average). 27.6% of residents live below the poverty line. Workers commute an average of 31 minutes.
Income: Otter Lake vs U.S.
Income
| Median HH Income | $49,600 |
| 34% below US avg |
| Per Capita Income | $37,200 |
Employment & Poverty
| Unemployment | 8.0% |
| 122% above US avg |
| Poverty Rate | 27.6% |
| 123% above US avg |
Commute & Transportation
| Commute Time | 30.9 min |
| Drive Alone | 64.3% |
| Public Transit | 0.0% |
| Work from Home | 23.2% |
The median home value in Otter Lake is $180,000, 36% below the national average. Monthly rent averages $560 (52% below US avg).
Home Values
| Census Median | $180,000 |
| 36% below US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $560 |
| 52% below US avg |
| Rent Burden | 15.8% |
Ownership & Property
| Owner-Occupied | 80.2% |
| Renter-Occupied | 18.8% |
| Housing Units | 480 |
Property Tax