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MapMap ViewOtter Lake, MI 48464 has a population of approximately 2,165 and experiences a population change rate of 3.94%. The population density is 115.8 / sq mi .
The median household income for Otter Lake, MI 48464 is $57,857, with 836 households and an average household size of 2.41.
The median value of a home in Otter Lake, MI 48464 is $183,400 with an appreciation rate of 12.80%. 71.36% of housing in the state is owned while 5.12% is rented.
The cost of living in Otter Lake, MI 48464 is 100.6 %.
The unemployment rate in Otter Lake, MI 48464 is 2.40%, and recent job growth is at 0.79%. Future job growth is projected at 43.72%.
The sales tax rate in Otter Lake, MI 48464 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Otter Lake, MI 48464 are $11,106, and the school ratio is 18.6:1.
The average high temperature in July is 82 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 33.7 inches per year, with 37.5 inches of snow per year.
