Otsego, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Otsego, Minnesota had a total population of 22,245, the 50th largest city in Minnesota, with a median household income of $119,927, which is 35% higher than the state average. The poverty rate is 3.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 35% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 3.5% — among the lowest in Minnesota.
- Near full employment with an unemployment rate of just 1.7%.
Otsego Quick Facts
How Otsego Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 21,358 | 22,245 | +4.2% |
| Median household income | $127,219 | $119,927 | -5.7% |
| Median home value | $367,200 | $396,700 | +8.0% |
How Otsego Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Otsego Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Wright County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| St. Michael | 20,010 | $131,274 | 3.2% | $390,100 |
| Buffalo | 16,499 | $88,820 | 8.9% | $314,400 |
| Monticello | 14,858 | $79,534 | 6.8% | $323,700 |
| Albertville | 8,207 | $132,734 | 1.1% | $343,700 |
| Delano | 6,942 | $109,946 | 4.0% | $375,200 |
| Montrose | 3,888 | $102,625 | 5.3% | $275,700 |
| Annandale | 3,399 | $65,583 | 8.9% | $251,800 |
| Cokato | 2,782 | $70,288 | 14.4% | $223,300 |
| Waverly | 2,285 | $112,222 | 10.6% | $323,100 |
| Maple Lake | 2,042 | $93,750 | 4.4% | $246,800 |
Cities Similar to Otsego
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Lino Lakes | 22,113 | $127,181 | $407,200 | 43.1% | 2.7% |
| Champlin | 23,294 | $116,102 | $358,700 | 36.9% | 7.2% |
| Golden Valley | 21,725 | $108,772 | $431,400 | 60.0% | 9.1% |
| Farmington | 23,902 | $123,673 | $366,200 | 38.7% | 5.1% |
| Hastings | 22,117 | $93,998 | $322,400 | 30.9% | 5.4% |
Population Overview
Otsego is a small city located in Minnesota, within Wright County. The total population is 22,245. It ranks as the 50th most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Otsego is 34.9 years. This is 10% lower than the state median of 38.8 years. With 29.9% of the population under 18, Otsego has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Otsego is $119,927. This is 35% higher than the state median of $89,062. It is also 49% higher than the national median of $80,734. The poverty rate stands at 3.5%. This is 63% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.7%. This is 57% lower than the state rate of 4.1%. The median home value is $396,700. Housing costs are 20% higher than the state median of $329,300. The home-value-to-income ratio is 3.3x. 92.7% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 72.2%.
Race & Ethnicity
The largest racial or ethnic group in Otsego is White (non-Hispanic), making up 80.4% of the population. Black or African American residents account for 8.2%.
Education
40.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 1% higher than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.7%.
Data Sources & Methodology
All demographic data for Otsego, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Otsego, Minnesota?
Otsego, Minnesota has a population of 22,245 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Otsego, MN?
The median household income in Otsego is $119,927, which is 49% higher than the national median of $80,734.
What is the poverty rate in Otsego, MN?
The poverty rate in Otsego is 3.5%. This means approximately 769 residents live below the federal poverty line.
What is the racial makeup of Otsego, Minnesota?
Otsego's population is 80.4% White, 8.2% Black, 3.5% Hispanic/Latino, and 3.6% Asian.
What is the median home value in Otsego, MN?
The median home value in Otsego is $396,700. The home-value-to-income ratio is 3.3x.
How educated is Otsego, Minnesota?
40.0% of adults (25+) in Otsego hold a bachelor's degree or higher, and 7.9% hold a graduate or professional degree.