Otero County, Colorado Property Taxes
Census Bureau ACS property tax data for Colorado. Population: 5,264.
The median annual property tax in Otero County is $518, which is 67% lower than the Colorado state average and 73% below the national average. The effective tax rate is 0.32% on a median home value of $160,700. Property taxes represent 0.9% of the median household income in this county.
Median Annual Tax
$518
-67% vs State
-73% vs US
Median Home Value
$160,700
-60% vs State
-24% vs US
Effective Tax Rate
0.32%
-18% vs State
-66% vs US
With vs Without Mortgage
With Mortgage
$633
$53/mo
Without Mortgage
$423
$35/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $518 +5.5% | 0.32% |
| 2022 | $491 +3.8% | 0.37% |
| 2021 | $473 -2.7% | 0.44% |
| 2020 | $486 +7.3% | 0.48% |
| 2019 | $453 | 0.48% |
Tax Burden
Tax-to-Income Ratio
0.9%
of median household income
Median Income
$54,897
per year
Monthly Tax
$43
per month
Other Counties in Colorado
Sedgwick County
Tax: $671/yr Rate: 0.47%
Prowers County
Tax: $494/yr Rate: 0.33%
Pueblo County
Tax: $1,382/yr Rate: 0.51%
Crowley County
Tax: $525/yr Rate: 0.49%
Baca County
Tax: $496/yr Rate: 0.41%
Jefferson County
Tax: $2,867/yr Rate: 0.47%
Frequently Asked Questions
What is the average property tax in Otero County, Colorado? ▼
The median annual property tax in Otero County is $518 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.32% on a median home value of $160,700.
How does Otero County property tax compare to the national average? ▼
Property taxes in Otero County are 73% below the national average of $1,923. The effective rate of 0.32% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Otero County? ▼
In Otero County, homeowners with a mortgage pay a median of $633 in annual property taxes, while homeowners without a mortgage pay $423. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Otero County? ▼
Property taxes in Otero County represent approximately 0.9% of the median household income of $54,897. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.