Otsego is a medium-sized city located in the state of Minnesota. With a population of 22,424 people and two associated neighborhoods, Otsego is the 60th largest community in Minnesota. There's nothing like the smell of a brand new house, and in Otsego, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Otsego, and putting down their money on brand new construction. Otsego’s real estate is, on average, some of the newest in the nation. Otsego does seem to be experiencing an influx of affluent people, because the median household income is $122,420.00.

Otsego real estate is some of the most expensive in Minnesota, although Otsego house values don't compare to the most expensive real estate in the U.S.

Also of interest is that Otsego has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.28% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Otsego is a great place for families with children to consider. First of all, many other families with children live here, making Otsego a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Otsego has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Otsego’s overall crime rate is lower than average for the country.

One downside of living in Otsego, however, is that residents on average have to contend with a long commute, spending on average 33.74 minutes every day commuting to work.

Otsego is one of the most well-educated cities in the nation. 41.45% of adults in Otsego have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Otsego in 2022 was $45,856, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $183,424 for a family of four.

Otsego is a somewhat ethnically-diverse city. The people who call Otsego home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Otsego residents report their race to be White, followed by Black or African-American. Important ancestries of people in Otsego include German, Irish, Norwegian, Swedish, and English.

The most common language spoken in Otsego is English. Other important languages spoken here include Slavic languages and Arabic.