Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Otsego is a medium-sized city located in the state of Minnesota. The city has a population of 17,429 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (94% White). Given that fact, Otsego could be considered less diverse than other cities. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Otsego entails a longer-than-average one-way commute time, averaging 33 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a positive experience if you are willing to get to know the city before actually living in Otsego, Minnesota. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Otsego, AreaVibes has created a livability score using key metrics like amenities, crime, commute, education, employment and more.
Otsego has a livability score of 67 out of 100 and is ranked #350 in Minnesota and #8,587 in the USA. There are nine total categories that generate the livability score. Otsego scores well for education (B) There is at least one category that you should be aware of in Otsego. The following was graded with a discouraging score: amenities (F) and cost of living (D).
The Otsego unemployment rate of 1.66% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Otsego excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Otsego is real estate affordability. The median home price for Otsego homes is $282,500, which is 47.5% higher than the Minnesota average. If we take a closer look at the affordability of homes in Otsego, we’ll see that the home price to income ratio is 2.6, which is 13.3% lower than the Minnesota average.
Statistic | Otsego | Minnesota | National |
Average one way commute | 33min | 23min | 26min |
Workers who drive to work | 83.7% | 78.0% | 76.4% |
Workers who carpool | 8.6% | 8.7% | 9.3% |
Workers who take public transit | 0.8% | 3.5% | 5.1% |
Workers who bicycle | 0.0% | 0.8% | 0.6% |
Workers who walk | 1.1% | 2.8% | 2.8% |
Working from home | 5.4% | 5.3% | 4.6% |