Otis, Maine Housing

Otis, Maine has a population of 672, with a median household income of $61,200.

Current housing data for Otis.

$246,800

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Population

672

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Median Income

$61,200

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Unemployment

3.10%

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Housing Price

$246,800

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Crime Rate

2.80

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Internet Speed

177.00 Mbps

Otis is a small local community located in Maine. The city has a population that is below the average city population in Maine, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Otis is a notable city in Maine, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Otis has a population of 672, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Otis is $61,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Otis is about $246,800, making it relatively affordable compared to many cities in Maine.

Employment and Safety

The unemployment rate in Otis is 3.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Otis are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Maine, Otis shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Otis continues to play a role in shaping regional trends in Maine, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Otis

What is the population of Otis?

The population of Otis is approximately 672.

Is Otis a good place to live?

Otis offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Otis?

The median household income in Otis is around $61,200.

How expensive is housing in Otis?

The average housing price in Otis is approximately $246,800.