Otero County New Mexico Property Tax
$601.00 11th of 33Median Property Tax In Otero County, New Mexico
|
$104,500.00Median Home Value In
Otero County, New Mexico |
0.58% 6th of 33
Median Property Tax
As Percentage Of Home Value |
$45,159.00
Median Income In
Otero County, New Mexico |
The median property tax (also known as real estate tax) in Otero County is $601.00 per year, based on a median home value of $104,500.00 and a median effective property tax rate of 0.58% of property value.
Otero County collects relatively low property taxes, and is ranked in the bottom half of all counties in the United States by property tax collections. Of the thirty-three counties in New Mexico, Otero County is ranked 11th by median property taxes, and 6th by median tax as percentage of home value.
Note: Due to the complicated and varied methods used to calculate property tax in different counties, the best way to compare property taxes between jurisdictions is through median property tax values. If you need to calculate the exact tax due on your property, contact the Otero County Tax Assessor.
Otero County's Property Tax Is Lower Than Average
11th out of 33By median yearly property tax
|
6th out of 33
By percentage of median home value
|
15th out of 33
By percentage of median income
|
You can see how Otero County (highlighted in green) compares to the thirty-three other counties in New Mexico with the bar chart above, sorted by median property tax in dollars. For a visual map of county property tax rates in New Mexico, see our New Mexico county property tax map.
Remember: Real estate prices also play a large part in which New Mexico counties have the highest and lowest median property taxes. Higher-valued properties will generally have higher taxes, even if the median percentage of home value levied as property tax is different. For comparisons, you can also use Percentage Of Home Value.
Otero County is located in New Mexico, which is ranked 42nd highest of the 50 states by median property tax. Here's how Otero County's property tax compares to the 3,142 other counties nationwide:
2217th out of 3143By median yearly property tax
|
2222nd out of 3143
By percentage of median home value
|
2245th out of 3143
By percentage of median income
|
To see how New Mexico as a whole compares to the rest of the states, check our our interactive state-by-state property tax map. You can find statewide statistics on the New Mexico property tax page.
We have real estate tax tax information for a total of thirty-three New Mexico counties in addition to Otero County. Choose any county from the list below, or see New Mexico property tax by county to see property tax information for all New Mexico counties on one page. To compare county tax rates with an interactive color-coded map, see our New Mexico property tax map.
Our property tax lookup tool can help you find public record details about your property, including your most recent property assessment.
Otero County Property Tax Assessor
Property tax assessments in Otero County are the responsibility of the Otero County Tax Assessor, whose office is located in Alamogordo, New Mexico.
If you need to pay your property tax bill, ask about a property tax assessment, look up the Otero County property tax due date, or find property tax records, visit the Otero County Tax Assessor's page. Applications for the Otero County homestead exemption, any property tax appeals, and applications for a current use tax reduction must also be submitted to the Otero County Assessor's Office.
For some properties, you can easily find the most recent tax assessment by looking up the property address with our property records search. You can also use our Otero County Property Tax Calculator to estimate your property tax based on median tax values (results open in new page).
Citations
U.S. Census Bureau
American Community Survey, 2006-2010 |
The Tax Foundation
Property Tax Calculations, July 2012 |
New Mexico Taxation and Revenue Department
Tax Statistics & References |