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Otsego County Housing Market

New York · 62 counties · Ranked #1588 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$175,900

vs national$175,900 vs $281,900 national

Median Gross Rent

$942/mo

vs national$942 vs $1,163 national

Effective Tax Rate

1.65%

vs national+1.65% vs 1.02% national

Median Household Income

$67,086

vs national$67,086 vs $74,755 national

Affordability Ratio

2.6x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$2,911

Tax as % of Home Value

1.65%

Monthly Owner Cost

$989

Renter Income

$43,624

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Frequently Asked Questions

What is the median home value in Otsego County?

The median home value in Otsego County is $175,900. This is below the national median of $281,900.

How much is rent in Otsego County?

The median gross rent in Otsego County is $942 per month.

What is the property tax rate in Otsego County?

The effective property tax rate in Otsego County is 1.65%. The median annual property tax bill is $2,911.

Is Otsego County affordable?

With a home-value-to-income ratio of 2.6x, 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.