Otero County, Colorado
Income Data
At a Glance
How Otero County Compares
Detailed Income Statistics
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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County median: $54,897 per year
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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.