Economy & Jobs — Otero County, Colorado

Employment

Total Establishments404
Total Employees4,164
Avg Annual Employment6,054
Avg Annual Pay$46,375
Total Annual Wages$280,771,709
Annual Payroll (thousands)$164,670
Unemployment Rate5.9%

Income

Median Household Income$47,500
Poverty Rate24.0%
IRS Returns8,110
Total AGI (thousands)$387,930
Average AGI per Return$47,834

Federal Spending

Total FY2024$139,829,580
Per Capita$7,482
Population Basis18,690

Agriculture

Total Farms27
Land in Farms (acres)529,274
Avg Farm Size (acres)19,603
Year2,022

Dining & Food Establishments

Full-service Restaurants18
Fast Food13
BarsN/A
Coffee & Snacks3