The median income in Otoe has shown an upward trend over the past decade. In 2013, the median income was $54,331. By 2022, it had increased to $74,870, representing a growth of about 37.8% over nine years. There was a notable spike in 2021, with the median income reaching $85,377, before dropping slightly in 2022.

Population figures have remained relatively stable, fluctuating between 335 and 377 residents over the decade. This stability in population, combined with the increasing median income, suggests that the existing community is experiencing economic growth without significant in-migration or demographic changes.

The lack of significant demographic changes in Otoe contrasts with national trends, which have shown increasing diversity in many areas of the United States over the past decade. The steady increase in median income aligns with broader economic trends of recovery and growth following the 2008 financial crisis, although the community's income growth appears to have outpaced national averages. The stability of the population in a rural village setting is notable, as many rural areas across the U.S. have experienced population decline in recent years.

Otoe presents a picture of a stable, predominantly white community that has experienced significant economic growth over the past decade without corresponding changes in its demographic makeup. While there are hints of potential future diversity with small increases in the Hispanic population, the overall character of the community remains one of low diversity and economic improvement.