HomeMichiganAllegan CountyOtsego
Otsego, Michigan: commercial real estate data.
Otsego is a Census city of 4,074 people across 2.03 square miles of land, in Allegan County. Median household income is $74,156, 73.0 percent of occupied homes are owned, and the SBA record carries 8 7(a) approvals to borrowers here worth $6.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Otsego
What Otsego is
- Census place typecity
- Land area2.03 sq mi
- Water area0.06 sq mi
- Population per square mile of land2,004
- County holding the largest share of its areaAllegan County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Otsego
How many people live in Otsego
- Population4,074
- Median age35.8
- Population under 181,162 plus or minus 267
- Share under 1828.5 percent plus or minus 6.6
- Population 65 and over540 plus or minus 150
- Share 65 and over13.3 percent plus or minus 3.7
- Households1,511
- Family households1,044
- Share of households that are families69.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Otsego
Income and work in Otsego
- Median household income$74,156
- Per capita income$26,669
- Civilian labor force1,675
- Employed1,636
- Unemployed39 plus or minus 37
- Unemployment rate2.3 percent plus or minus 2.2
- Adults 25 and over2,587
- Adults 25 and over with a high school diploma or higher86.2 percent
- Adults 25 and over with a bachelor degree or higher13.5 percent plus or minus 4.6
- Adults 25 and over with a graduate degree4.8 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Otsego
Housing in Otsego
- Housing units1,511
- Occupied units1,511
- Vacant units0
- Vacancy rate0.0 percent
- Owner occupied1,103
- Renter occupied408 plus or minus 145
- Ownership rate73.0 percent
- Median owner-occupied home value$160,500
- Median gross rent, monthly$1,119 plus or minus $541
- Annual rent as a share of median income18.1 percent plus or minus 9.0
- Single family units1,211
- Share single family80.1 percent
- Units in buildings of two or more300 plus or minus 181
- Share in buildings of two or more19.9 percent plus or minus 11.8
- Mobile homes0
- Median year structure built1951
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Otsego
How Otsego gets to work
- Workers 16 and over who commute1,590
- Commuting under 15 minutes741 plus or minus 193
- Share commuting under 15 minutes46.6 percent
- Commuting 30 minutes or more387 plus or minus 139
- Share commuting 30 minutes or more24.3 percent plus or minus 7.7
- Drove alone83.9 percent
- Carpooled9.8 percent plus or minus 5.6
- Public transport0.1 percent plus or minus 0.2
- Walked0.8 percent plus or minus 1.2
- Worked from home2.8 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Otsego
SBA loans in Otsego (7(a))
- Approvals8
- Gross approval$6,686,500
- Average approval$835,813
- Median approval$200,000
- Largest approval$2,810,000
- Jobs supported38
- Jobs per approval4.8
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS5
Counted by borrower city: approvals to borrowers whose address is in Otsego, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Otsego
SBA loans in Otsego (504)
- Approvals6
- Gross approval$3,367,000
- Average approval$561,167
- Median approval$571,000
- Largest approval$1,201,000
- Jobs supported80
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Otsego, in any county, FY2010 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Otsego
Flood risk in Otsego
- NFIP communityCity of Otsego
- NFIP community number260007
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/21/23(M)
The City of Otsego participates in the National Flood Insurance Program as community 260007 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Allegan County, not Otsego
Allegan County context, not Otsego figures
- Establishments in Allegan County2,571
- Covered employment, Allegan County41,360
- Average annual pay, Allegan County$60,226
- Housing units permitted, Allegan County423
Every figure in this section is published for Allegan County as a whole and is not a measurement of Otsego.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Otsego questions, answered from the record.
How many people live in Otsego, Michigan?
4,074, in 1,511 households. Otsego city covers 2.03 square miles of land, which is 2,004 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Otsego in?
Allegan County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Otsego?
$74,156. The median owner-occupied home is valued at $160,500. Median gross rent is $1,119 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Otsego businesses?
8 7(a) approvals totaling $6.7 m since FY2020, across 2 lenders, median approval $200,000, plus 6 504 approvals worth $3.4 m since FY2010. These count approvals to borrowers whose address is in Otsego, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Otsego borrowers get paid back?
No rate is published for Otsego. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Otsego in the National Flood Insurance Program?
Yes. Otsego appears in the FEMA Community Status Book as Otsego, city of, community 260007, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Otsego figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Allegan County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Otsego.
Is zoning published for Otsego?
No. Nothing on this page presents parcel level zoning.