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Otsego Minnesota Real Estate By Jennifer Hershey

Otsego Minnesota Real Estate

Otsego, Minnesota, is located in Hennepin County, 12 miles NW of Maple Grove, Minnesota and 319 miles NW of Milwaukee, Wisconsin. Otsego has a population of 6,389.

Otsego Homes

Otsego properties pool is 2,059 residential properties including Otsego new homes. Median age of real estate in Otsego is 1979. Average Household size is 3.41 people. 2% are one bedroom homes, 16% are 2 bedroom homes, 46% are 3 bedroom homes, 29% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Otsego Mortgage Statistics

Otsego mortgages vs. USA median statistics

Homes Otsego USA
Homes With No Mortgage 9%
30%
Homes With Mortgage 91%
70%
First Mortgage Only 64%
54%
First & Second Mortgage or HELOC 27%
16%

Otsego Area Real Estate Tax

Otsego Real estate Tax: Median Real Estate Taxes (2000) were $1,402 comparing to 1999 Median Family income $ 59,319. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Otsego School District: Children make up 32.5% of Otsego population. Otsego has 2,074 under 18 years old residents, or 0.59 kids per one worker, or 1.01 kids per one household.

Otsego Real Estate & Otsego Homeownership

There are 267.67 or 13% one person households, 617.7 or 30% two person households, and 350.03 or 17% three person households in Otsego, Minnesota. Median residents age is 32.5, Senior citizens (65+) make up 270 or 4.2%% of Otsego population.

There are 3,543 workers (over 16 years of age) in Otsego. Of these, 91.45% drive to work. Approximately 0.62% of workers in Otsego take public transportation. An estimated 1.02% walk to work.

Median Otsego homeowner's housing expences are 19.8%

Crime in Otsego (2003), crimes per 10,000 residents per year

Type of Crime Otsego USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Otsego Properties

When making a decision about buying real estate in Otsego Minnesota area, you should consider following statistical data:

Category Otsego USA
Near Medium City
Maple Grove, Minnesota
-
Near Large City
Milwaukee, Wisconsin
-
Otsego Zip Codes
55301, 55327, 55330, 55362, 55374
-
Otsego Area Codes
763
-
White population
97.26%
75.1%
African-American population
0.25%
12.3%
Asian
0.72%
3.6%
American Indian & Alaskan
0.36%
0.9%
Hispanic (of any race)
1.27%
12.5%
Median Family Income (1999)
$ 59,319%
$42,000
Population Below Poverty Level
3.18%
12.4%

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