Otto, NC 28763 has a population of approximately 2,807 and experiences a population change rate of 13.78%. The population density is 50.7 / sq mi .
Otto, NC 28763 has a population of approximately 2,807 and experiences a population change rate of 13.78%. The population density is 50.7 / sq mi .
The median household income for Otto, NC 28763 is $73,750, with 1,081 households and an average household size of 2.42.
The median value of a home in Otto, NC 28763 is $258,100 with an appreciation rate of 22.10%. 44.21% of housing in the state is owned while 21.71% is rented.
The cost of living in Otto, NC 28763 is 91.3 %.
The unemployment rate in Otto, NC 28763 is 3.00%, and recent job growth is at -0.34%. Future job growth is projected at 46.42%.
The sales tax rate in Otto, NC 28763 is 6.75%, while the income tax rate is 4.99% .
School expenditures in Otto, NC 28763 are $11,276, and the school ratio is 13.5:1.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 64 inches per year, with 4.2 inches of snow per year.