The median household income in Otter Lake, MI in 2022 was $39,440, which was 69.8% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $49,000 in 2000 this represents a decrease of 24.2%. The per capita income in 2022 was $27,920, which means an increase of 35.8% compared to 2000 when it was $17,927.
Whole page based on the data from 2000 / 2022 when the population of Otter Lake, Michigan was 437 / 361
Income statistics for all residents
Median household income in Otter Lake, MI in 2022:
Otter Lake:
$39,440
State:
$66,986
Change in median household income between 2000 and 2022:: -19.5%
Otter Lake, Michigan:
-19.5%
Michigan:
+50.0%
Number of households with income < $10k:
Otter Lake:
2.8% (5)
Michigan:
5.7% (231,223)
Number of households with income $10k - 20k:
Otter Lake:
17.1% (31)
State:
7.5% (306,955)
Number of households with income $20k - 30k:
Otter Lake:
9.9% (18)
Michigan:
7.9% (324,153)
Number of households with income $30k - 40k:
Otter Lake:
17.7% (32)
State:
8.3% (341,408)
Number of households with income $40k - 50k:
Otter Lake:
17.1% (31)
Michigan:
7.9% (322,255)
Number of households with income $50k - 60k:
Otter Lake:
6.1% (11)
Michigan:
7.5% (305,914)
Number of households with income $60k - 75k:
Otter Lake:
7.7% (14)
State:
10.1% (414,440)
Number of households with income $75k - 100k:
Otter Lake:
11.0% (20)
State:
13.2% (538,299)
Number of households with income $100k - 125k:
Otter Lake:
3.3% (6)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Otter Lake:
1.1% (2)
Michigan:
6.7% (273,144)
Number of households with income $150k - 200k:
Otter Lake:
6.1% (11)
Michigan:
7.5% (305,077)
Number of households with income > $200k:
Otter Lake:
0.0% (0)
State:
8.1% (330,644)
Aggregate household income in Otter Lake in 2022: $9,769,170
Median family income in Otter Lake in 2022:
Otter Lake:
$68,543
State:
$85,865
Number of families with income < $10k:
Otter Lake:
5.1% (4)
Michigan:
3.5% (89,010)
Number of families with income $10k - 20k:
Otter Lake:
13.7% (12)
State:
3.9% (100,567)
Number of families with income $30k - 40k:
Otter Lake:
7.8% (7)
Michigan:
6.4% (163,565)
Number of families with income $40k - 50k:
Otter Lake:
12.3% (10)
Michigan:
6.8% (172,384)
Number of families with income $50k - 60k:
Otter Lake:
3.2% (3)
State:
7.1% (179,870)
Number of families with income $60k - 75k:
Otter Lake:
14.7% (12)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Otter Lake:
22.1% (19)
State:
15.0% (383,364)
Number of families with income $100k - 125k:
Otter Lake:
6.2% (5)
State:
11.8% (301,751)
Number of families with income $125k - 150k:
Otter Lake:
2.4% (2)
State:
8.6% (220,338)
Number of families with income $150k - 200k:
Otter Lake:
12.6% (11)
State:
10.2% (259,462)
Median non-family income in Otter Lake in 2022:
Otter Lake:
$35,881
Michigan:
$40,459
Change in median non-family income between 2000 and 2022:
Otter Lake, Michigan:
+105.0%
State:
+54.5%
Median per capita income in Otter Lake in 2022:
Otter Lake:
$27,920
State:
$38,151
Change in median per capita income between 2000 and 2022:
Otter Lake, Michigan:
+55.7%
State:
+72.1%
Income statistics for White residents
Median household income in Otter Lake, MI in 2022:
Otter Lake:
$37,506
State:
$71,609
Change in median household income between 2000 and 2022:: -23.5%
Otter Lake, Michigan:
-23.5%
State:
+52.9%
Number of households with income < $10k:
Otter Lake:
2.9% (5)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Otter Lake:
17.9% (31)
State:
6.5% (205,547)
Number of households with income $20k - 30k:
Otter Lake:
11.0% (19)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Otter Lake:
17.9% (31)
State:
8.1% (257,175)
Number of households with income $40k - 50k:
Otter Lake:
15.6% (27)
State:
7.8% (246,839)
Number of households with income $50k - 60k:
Otter Lake:
6.4% (11)
State:
7.4% (233,723)
Number of households with income $60k - 75k:
Otter Lake:
8.1% (14)
Michigan:
10.4% (328,664)
Number of households with income $75k - 100k:
Otter Lake:
10.4% (18)
State:
13.6% (431,867)
Number of households with income $100k - 125k:
Otter Lake:
2.9% (5)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Otter Lake:
1.2% (2)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Otter Lake:
5.8% (10)
State:
8.1% (255,445)
Number of households with income > $200k:
Otter Lake:
0.0% (0)
Michigan:
8.7% (276,727)
Aggregate household income in Otter Lake in 2022: $9,298,854
Median family income in Otter Lake in 2022:
Otter Lake:
$69,289
State:
$90,317
Number of families with income < $10k:
Otter Lake:
5.1% (4)
State:
2.5% (49,508)
Number of families with income $10k - 20k:
Otter Lake:
13.1% (11)
State:
3.2% (64,106)
Number of families with income $30k - 40k:
Otter Lake:
8.7% (7)
State:
5.9% (117,356)
Number of families with income $40k - 50k:
Otter Lake:
12.3% (10)
Michigan:
6.4% (127,491)
Number of families with income $50k - 60k:
Otter Lake:
3.2% (3)
State:
6.8% (135,883)
Number of families with income $60k - 75k:
Otter Lake:
15.7% (13)
State:
10.5% (209,130)
Number of families with income $75k - 100k:
Otter Lake:
21.0% (17)
State:
15.5% (309,815)
Number of families with income $100k - 125k:
Otter Lake:
5.2% (4)
State:
12.4% (248,235)
Number of families with income $125k - 150k:
Otter Lake:
2.6% (2)
Michigan:
9.2% (182,895)
Number of families with income $150k - 200k:
Otter Lake:
12.9% (10)
Michigan:
11.0% (218,573)
Median non-family income in Otter Lake in 2022:
Otter Lake:
$35,336
State:
$42,438
Change in median non-family income between 2000 and 2022:
Otter Lake, Michigan:
+101.9%
Michigan:
+56.8%
Median per capita income in Otter Lake in 2022:
Otter Lake:
$27,484
Michigan:
$41,514
Change in median per capita income between 2000 and 2022:
Otter Lake, Michigan:
+49.2%
State:
+75.2%
Income statistics for Multirace residents
Aggregate household income in Otter Lake in 2022: $2,938,418
Median per capita income in Otter Lake in 2022:
Otter Lake:
$43,591
Michigan:
$26,098
Change in median per capita income between 2000 and 2022:
Otter Lake, Michigan:
+149.1%
Michigan:
+106.5%
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-19.5%
+50.0%
