Otero County, Colorado
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Otero County Compares
Detailed Income Statistics
Income Advisory: Otero County
Income Verdict
Otero County has a median household income of $54,897 and per capita income of $28,634 — a gap of $26,263, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $796/month and a median household income of $54,897, rent consumes approximately 17.4% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $54,897, residents of Otero County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $28,634 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Otero County earns approximately 26.6% below the Colorado state median household income of $74,792.
Data Story
About Household Income in Otero County, Colorado
Otero County Significantly Below U.S. Average
Otero County's median household income of $54,897 lags the national median of $74,755 by nearly $20,000, or 26%. This substantial gap reflects the county's limited economic base and dependence on agriculture and small-scale manufacturing.
Among Colorado's Lowest-Income Counties
Otero County ranks substantially below Colorado's $74,792 state median by $19,895, placing it in the lowest income quartile statewide. The county faces economic headwinds that limit wage growth and employment diversity.
Struggling Economy on Colorado Plains
Otero County's $54,897 income ranks lowest among its regional peers, trailing Morgan ($75,407) by over $20,000 and Montezuma ($63,005) by $8,000. A per capita income of just $28,634 indicates concentrated poverty and limited individual earning potential.
Low Housing Costs Provide Some Relief
Otero County's rent-to-income ratio of 17.4% is exceptionally low, with residents dedicating just one-sixth of income to housing. Median home values of $160,700 are the most affordable in the state, offering genuine homeownership opportunity despite modest incomes.
Prioritize Financial Stability and Education
Otero County residents should establish emergency reserves of at least 6 months given income volatility and limited local opportunities. Invest in skills development, trade certifications, and remote work capabilities to increase earning potential beyond county boundaries.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Otero County median
County median: $54,897 per year
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($4,575) vs. median rent ($796/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.