Otero County Property Taxes
Otero County, Colorado
Effective Tax Rate
0.00%
66.8% below state avgMedian Annual Tax
$0
$43/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.32%
At a Glance
Median Home Value
$160,700
State avg ▼ $398,069
Tax w/ Mortgage/yr
$633
$53/mo escrow
Tax w/o Mortgage/yr
$423
$35/mo
State Tax Rate Rank
#17
of 64 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Otero County, Colorado
Otero County offers lowest absolute tax burden
At 0.322%, Otero County's effective tax rate falls below Colorado's state average of 0.393% and far below national norms. The median annual tax of just $518 is the lowest among these eight counties and represents only 19% of the national median of $2,690.
Very low tax rate among Colorado counties
Otero County ranks in the lowest quartile of Colorado's 64 counties at 0.322%, well below the state average of 0.393%. The median tax bill of $518 represents just one-third of Colorado's $1,560 median.
Most tax-efficient property values in region
Otero County's 0.322% rate undercuts most southwestern peers, rivaling Montezuma (0.297%) and Ouray (0.277%) for efficiency. However, Otero's median home values of $160,700 are substantially lower, resulting in the lowest absolute tax bills across the region.
Median home costs about $518 annually
A typical Otero County home valued at $160,700 incurs roughly $518 in annual property tax at the current 0.322% rate. Homeowners with mortgages pay $633, while those without mortgages pay $423.
Appeal if your assessment seems too high
Many Colorado property owners are overassessed relative to fair market value. Otero County residents can file a formal appeal with the county assessor if they believe their property tax bill doesn't reflect current market conditions.
How Otero County Compares
Median Annual Property Tax
Otero County
0.32%
Effective rate
Colorado Avg
0.39%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Otero County, Colorado?
How much are property taxes in Otero County?
How does Otero County compare to the Colorado average?
What is the median home value in Otero County, Colorado?
Is Otero County a low property tax area in Colorado?
How does Otero County rank for property taxes in Colorado?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Colorado
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.