Places/NM/Otero County, NM
County profile

Otero County, NM

United States · GDP 2024
#848 of 3,127 US counties by GDP37th-percentile growthmore diversified than 29% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$3.8B
BEA · 2024
GDP growth (YoY)
+3.1%
BEA · 2024
Jobs tracked
12,847
Census CBP · 2023
Employers
988
Census CBP · 2023
Avg. wage
$48.5k
BLS QCEW · 2023
Population
70,368
Census PEP · 2025
Labor, income & education
Unemployment
5.2%
Median HH income
$55.9k±$2.5k
Bachelor's degree+
22.7%±1.6%
Poverty rate
19.3%±2.3%
Business applications
811 · 2025
Retail establishments
183
25.9/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care31%
Food & accommodation25%
Retail trade24%
Construction9%
Admin & support6%
Other services5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
70,368
residents · 2025 · +3.7% since 2020
Income per capita $44.7k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration81
International migration+2,444
Natural change+187

GDP trend

20192024 · nominal
$2.9B
2019
$3.0B
2020
$3.2B
2021
$3.4B
2022
$3.7B
2023
$3.8B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$162.7k±$7.5k
Median gross rent
$962/mo±$61/mo
Vacancy rate
25.0%±1.9%
Affordability
3.4× wages
Residential permits
$889.6k
3 units · 0.0/1k pop
FEMA risk score
84.7
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Wildfire 98Winter weather 93Lightning 92
FHFA HOUSE PRICE INDEX · 20162025
294
2016
303
2017
303
2018
325
2019
337
2020
373
2021
429
2022
449
2023
495
2024
534
2025
RESIDENTIAL PERMITS · 20212025
0% since 2021
3
2021
5
2022
5
2023
6
2024
3
2025

Transport access

BTS · FAA · USACE
Nearest interstate
99.8 km
I-10
Nearest freight rail
24.8 km
UP
Nearest port
939.3 km
Victoria, TX
Nearest commercial airport
96.4 km
SIERRA BLANCA RGNL
Wage trend
BLS QCEW · 20192023
$48.5k
avg. annual pay · +24% since 2019
The read

What is the GDP of Otero?

Otero's economy produced $3.8B in 2024, growing 3.1% year over yearslower than 63% of US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.