Chief occupations are farming, livestock breeding, wood processing, chemical industry, etc. Otocas is located at the intersection of the main road (M5) Senj - Gospic and the regional road Josipdol - Mala Kapela - Krasno - Sveti Juraj (St. George). Town situated in the northwest part of table land Lika, on the river Gacka.
It is consist of two parts – Upper and Lower town. Chief occupations are farming, livestock breeding, wood processing, chemical industry, etc. The town is located on the junction of main road Senj – Gospic and regional road Jospidol – Mala Kapela – Krasno – Sveti Juraj.
River Gacka is one of the best - known rivers with trout, and it offer great fishing conditions. In The vicinity of Oocas are mountains, which offer great possibilities for great recreation. The system of caves and holes Bezdanjaca in Vatinovac hill near Vrhovine. Represent an especially valuable attraction. Together with the traditional carnival season (January - February) - masked dances for adults and children, the St. Fabian's Day, commemorating the patron saint of the town (20th of January), and the Day of the Town of Otočac (8th of May), with its cultural and sports events, represent additional entertainment opportunities.