Property Tax in Otero County, New Mexico

In Otero County, New Mexico, the median property tax is $902/year — an effective tax rate of 0.55%. The median home value is $162,700.

Median Tax / Year $902
Effective Rate 0.55%
Median Home Value $162,700
Median Income $55,876

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Enter your home value in our property tax calculator to see how much you would pay annually and monthly in Otero County.

How Otero County Compares

Metric Otero County New Mexico Avg U.S. Avg
Effective Tax Rate 0.55% 0.60% 0.92%
Median Tax / Year $902 $1,107 $1,630
Median Home Value $162,700 $192,727 $227,706

Market Analysis

Otero County's effective property tax rate of 0.55% is 8.9% below the New Mexico state average and 40.0% below the U.S. national average. This is a low-tax jurisdiction relative to most U.S. counties.

📝 Property Tax Insight

Analysis for Otero County is being generated. Check back soon for detailed property tax insights.

Frequently Asked Questions

What is the property tax rate in Otero County?

The effective property tax rate in Otero County is 0.55%, based on the median property tax paid ($902) divided by the median home value ($162,700).

How does Otero County compare to the rest of New Mexico?

Otero County's rate is 8.9% below the New Mexico state average of 0.60%. See the full New Mexico breakdown.

Can I appeal my property tax assessment in Otero County?

Yes. Most U.S. counties allow property owners to appeal their assessed value. See our Appeal Guide for the process and deadlines.

What exemptions are available in New Mexico?

New Mexico offers various exemptions, including homestead, senior citizen, veteran, and disability exemptions. See our Exemptions Guide.

Data Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates. Variables: B25103 (Median Real Estate Taxes Paid), B25077 (Median Home Value). Public domain. Effective rate = median tax ÷ median home value × 100. This page is for informational purposes only and does not constitute tax or legal advice.