Otis, MA
Maps & Population Facts
Population
1,577
Population Density
44
Labor Participaton
63.9%
Bachelor's or Higher
32.5%
Median Household Income
$70,048
Median Individual Income
$37,212
Median Individual Income(Full-time Workers Only)
$55,526
Housing Estimates
Median House Value
$258,700
Median Gross Rent
$633
Median Mortgage Payment
$1,267
Housing Units
1,695
People who reside in Otis live in:
Detached - Single Family Homes
93%
Apt, Condo, Other
7%
Analysis
Income
Households in Otis earn more money than the national median income, averaging 16% higher per household.
Housing
Otis has a median house price of $258,700. The cost of homeownership is slightly higher than most areas. The cost of renting in Otis is 37% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 14% |
Demographics
The median age in Otis is 52. Otis has a population that is significantly older than in comparison to the US median age.
Otis ranks average for having an educated population. The percent of residents who have a college degree is comparable with other areas.
Housing Data
Housing Comparison
Otis | Massachusetts | USA | |
Median Property Value | 258,700 | 385,400 | 217,600 |
Median Mortgage Payment | 1,267 | 2,108 | 1,513 |
Median Gross Rent | 633 | 1,208 | 1,012 |
Property Vacancy | 56.4% | 10.0% | 12.6% |
% Renters | 13% | 38% | 36% |
Residents per Sq. Mi. | 44 | 885 | 93 |
Personal Comparison
Otis | Massachusetts | USA | |
Median Household Income | 70,048 | 77,385 | 60,336 |
Median Individual Income | 37,212 | 41,700 | 33,646 |
Median Income (Full-Time) | 55,526 | 60,923 | 46,881 |
Median Age | 51.7 | 39.5 | 38.1 |
Labor Participation | 63.9% | 67.8% | 62.8% |
Attained College Degree | 32.5% | 43.4% | 32.0% |
Population Density Analysis
Otis, MA
44
Residents per Sq. Mile
The population density of Otis is comparable to that of a Remote Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +