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Otsego County Housing Market

Michigan · 83 counties · Ranked #1861 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$196,500

vs national$196,500 vs $281,900 national

Median Gross Rent

$880/mo

vs national$880 vs $1,163 national

Effective Tax Rate

0.89%

vs national0.89% vs 1.02% national

Median Household Income

$67,285

vs national$67,285 vs $74,755 national

Affordability Ratio

2.9x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

31.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,751

Tax as % of Home Value

0.89%

Monthly Owner Cost

$971

Renter Income

$30,868

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Frequently Asked Questions

What is the median home value in Otsego County?

The median home value in Otsego County is $196,500. This is below the national median of $281,900.

How much is rent in Otsego County?

The median gross rent in Otsego County is $880 per month.

What is the property tax rate in Otsego County?

The effective property tax rate in Otsego County is 0.89%. The median annual property tax bill is $1,751.

Is Otsego County affordable?

With a home-value-to-income ratio of 2.9x, Otsego County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.