How New Mexico taxes your paycheck
Six brackets from 1.5% to 5.9%, using the federal standard deduction.
| Taxable income | Rate |
|---|---|
| $0 to $5,500 | 1.5% |
| $5,500 to $16,500 | 3.2% |
| $16,500 to $33,500 | 4.3% |
| $33,500 to $66,500 | 4.7% |
| $66,500 to $210,000 | 4.9% |
| Over $210,000 | 5.9% |
Head of household is estimated with the joint rate schedule.
Local income taxes
No local income taxes. Some cities and counties (Albuquerque, Santa Fe, Las Cruces) set higher local minimum wages.
The calculator above does not include local taxes.
Example: $60,000 salary in New Mexico
A single filer paid every two weeks (26 paychecks) on a $60,000 salary, with no 401(k) or health premiums, takes home about $1,874.44 per paycheck, or $48,735 a year.
| Gross pay | $2,307.69 |
| Federal income tax | -$193.08 |
| Social Security (6.2%) | -$143.08 |
| Medicare (1.45%) | -$33.46 |
| New Mexico income tax | -$63.63 |
| Net pay | $1,874.44 |
New Mexico pay stub and payday rules
New Mexico requires employers to give a written statement showing hours, gross pay, and itemized deductions with each payment.
- Employer identification
- Gross pay
- Hours worked
- Each deduction itemized
Source: N.M. Stat. Ann. §§ 50-4-1, 50-4-2. Every state compared in our pay stub requirements by state guide.
Pay frequency: At least semimonthly; employees paid on a salary basis who are exempt may be paid monthly.
Minimum wage: $12.00 per hour. Several local governments set higher minimums.
New Mexico Paycheck FAQs
Yes. Six brackets from 1.5% to 5.9%, using the federal standard deduction.
For a single filer paid every two weeks on a $60,000 salary with no pre-tax deductions, our 2026 estimate is $2,307.69 gross and $1,874.44 take-home per paycheck. About 18.8% of gross goes to taxes: $193.08 federal income tax, $143.08 Social Security, $33.46 Medicare, $63.63 New Mexico income tax.
$12.00 per hour, effective January 1, 2023. Several local governments set higher minimums.
New Mexico requires employers to give a written statement showing hours, gross pay, and itemized deductions with each payment. (N.M. Stat. Ann. §§ 50-4-1, 50-4-2)
At least semimonthly; employees paid on a salary basis who are exempt may be paid monthly.
No local income taxes. Some cities and counties (Albuquerque, Santa Fe, Las Cruces) set higher local minimum wages.