Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

146 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,499

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,333

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $57,880
--Home Prepared Food $32,615
--Restaurant/Takeaway Food $25,265
Alcoholic Beverages $4,249
Housing $146,710
--Rent/Mortgage/Upkeep/Taxes $85,786
--Utilities $29,572
--Operations $11,140
--Supplies $5,455
--Furnishings $14,815
Apparel $13,609
--Men & Boys $3,043
--Women & Girls $5,512
--Children < 2 $57
--Footwear $2,871
Transportation $71,259
--New Vehicles $13,322
--Used Vehicles $15,216
--Fuel $15,389
--Insurance $7,120
--Public Transit $5,972
Healthcare $36,290
Entertainment $23,542
--Pets $4,823
--Toys $1,148
Personal Care Products $5,627
Books & Literature $804
Education $10,278
Tobacco Products $2,527
Miscellaneous $7,235
Retirement $13,781
Non-health Insurance $53,286
Total Expenditures $447,077

Selected Population Data

Period Geography Population
2014 Otsego city, Minnesota 14,257
2015 Otsego city, Minnesota 14,634
2016 Otsego city, Minnesota 15,065
2017 Otsego city, Minnesota 15,630
2018 Otsego city, Minnesota 16,189