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Otter Tail County, MN

RANK #150 / 996  ·  POP 60,072  ·  MN

PROJECTED GROWTH: +2.4%

Otter Tail County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Otter Tail County?

Otter Tail County, Minnesota, distinguishes itself with over 1,000 lakes, more than any other county in the United States, defining its landscape and lifestyle. Located in west-central Minnesota, roughly three hours northwest of the Twin Cities and 45 minutes from Fargo, North Dakota, the area offers a relaxed, lakeside community feel. Towns like Fergus Falls, Pelican Rapids, and Battle Lake serve as hubs for residents and visitors. Commuting within the county is generally efficient, with an average travel time of around 20.7 minutes, and public transit, Otter Express, offers door-to-door service in several communities. The county's natural scenery includes rolling hills, prairies, and forests, with ample opportunities for outdoor recreation in its numerous lakes, two state parks—Glendalough and Maplewood—and extensive trail systems.

Life in Otter Tail County is characterized by a strong sense of community and a focus on outdoor activities. The public school system is rated above average, with several top-ranked elementary and high schools. The economy is supported by sectors such as healthcare, manufacturing, and retail trade. Recent economic developments include initiatives to address housing shortages and expand childcare options, reflecting efforts to attract new residents and support families. The county also focuses on business development and retention, offering resources for start-up and expanding businesses, including those in housing development and agriculture.

[02] Market Snapshot

Housing Ratio
5.6x

Above national median (4.7x)

GDP Growth
+2.2%

Below national median

Home Prices
+4.4%

Outpacing national median

Climate & Terrain
-2.4

Below-average climate & terrain

Price/Rent
25x

Speculative pricing

Housing is fairly valued at 5.6x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Otter Tail County U.S. National

The Numbers

DEMOGRAPHICS
Population
60,072
+0.58% YoY
Median Household Income
$67,990
Median Home Value
$234,200
+4.43% 12mo
Median Rent
$769
Average Annual Pay
$52,013
+4.4% YoY
Employment
22,910
+0.9% YoY
Income-to-Home-Value
0.2903
More affordable than average
Migration Inflow
2.87%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$224,301
Days on Market
96
Slower market
Months of Supply
6.3
Buyer's market
Sale-to-List Ratio
96.0%
Negotiation room for buyers
Sold Above List
8.3%
Listings w/ Price Drops
9.9%
Building Permits (2024)
89
Single-Family Permits
71

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$306M
TOTAL
PROJECT AMOUNT STATUS
The Big Build Housing Initiative
Otter Tail County Community Development Agency (CDA)
$94M Ongoing
Hoot Lake Battery Storage Project
Otter Tail Corporation (Otter Tail Power Company)
$75M Planned
Hoot Lake Solar
Otter Tail Power Company
$62M Operating
Solway Solar
Otter Tail Power Company
$50M Under Construction
2025 Road and Bridge Construction Projects
Otter Tail County
$25M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.2% 40 percentile
Population Growth +0.6% 56 percentile
Income Growth +6.9% 17 percentile
Vacancy Rate 0.8% 71 percentile
Home Price Change +4.4% 86 percentile
Price/Rent 25x 1 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Otter Tail County, MN a good place to move to?

Otter Tail County has a Boom Town Index score of 85/100, ranking #150 among 996 U.S. counties. With job growth at +0.9% and a median household income of $67,990, it's an above-average county on economic indicators.

Is Otter Tail County affordable?

The median home value in Otter Tail County is $234,200 with median rent at $769/month. The income-to-home-value ratio is 0.2903, which is more affordable than the national average.

Is Otter Tail County growing or shrinking?

Population growth: +0.6% year-over-year. Job growth: +0.9%. Home values changed +4.4% in the past 12 months.

Are people moving to Otter Tail County?

Yes — 2.87% of Otter Tail County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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