Otero County Property Taxes
Otero County, New Mexico
Effective Tax Rate
0.00%
19.4% below state avgMedian Annual Tax
$0
$70/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.56%
At a Glance
Median Home Value
$149,500
State avg ▼ $181,648
Tax w/ Mortgage/yr
$976
$81/mo escrow
Tax w/o Mortgage/yr
$672
$56/mo
State Tax Rate Rank
#20
of 33 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Otero County, New Mexico
Otero's taxes stay well below the nation
Otero County's effective tax rate of 0.563% is substantially lower than the national median, with a typical homeowner paying $841 annually on the median property value. This represents a 69% savings compared to the national median tax bill of $2,690, placing Otero among the most affordable counties in America.
Otero slightly below state average
Otero County's 0.563% rate runs slightly below New Mexico's state average of 0.595%, with a median tax of $841 compared to the state median of $1,043. This positions Otero as a moderate-tax county within the state, offering reasonable property tax costs relative to state norms.
Otero's rate sits in the middle tier
Otero's 0.563% rate falls between Mora (0.535%) and Luna (0.576%), making it solidly mid-range for this cluster of rural southern New Mexico counties. Among its regional peers, Otero offers balanced tax rates without the extremes seen in McKinley or the lowest rates of Mora.
Median Otero home: $841 annual tax
On Otero's median home value of $149,500, property owners pay approximately $841 in annual taxes, reflecting the county's moderate rate and higher property values. Homeowners with mortgages typically pay $976 after insurance and fees, while those owning outright pay around $672.
Challenge your assessment if overstated
Otero homeowners with higher-value properties should verify that their assessments align with recent comparable sales in the area. If your home is assessed above market value, an appeal can recover hundreds of dollars in annual tax savings.
How Otero County Compares
Median Annual Property Tax
Otero County
0.56%
Effective rate
New Mexico Avg
0.57%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Otero County, New Mexico?
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Nearby Counties
Other Counties in New Mexico
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.