New Mexico State Income Tax 2026
New Mexico has a graduated income tax in 2026, with 6 brackets from 1.5% to 5.9%. On a $75,000 salary a single filer owes about $2,359 in New Mexico income tax, an effective rate of 3.15%.
| Salary | New Mexico income tax per year | Effective state rate | Per month | Take-home after all taxes |
|---|---|---|---|---|
| $30,000 | $351 | 1.17% | $29 | $25,933 |
| $40,000 | $752 | 1.88% | $62 | $33,567 |
| $50,000 | $1,184 | 2.37% | $98 | $41,170 |
| $60,000 | $1,654 | 2.76% | $137 | $48,735 |
| $75,000 | $2,359 | 3.15% | $196 | $59,233 |
| $100,000 | $3,569 | 3.57% | $297 | $75,610 |
| $150,000 | $6,019 | 4.01% | $501 | $107,771 |
| $250,000 | $11,158 | 4.46% | $929 | $172,023 |
How New Mexico taxes wages
Statutory estimate, not the employer wage table. The calculator uses a standard deduction of $16,100 for a single filer and $32,200 for joint filers. New Mexico’s rates run from 1.5% to 5.9%. The standard deduction matches the 2026 federal amounts. There is no local wage tax on a typical paycheck. Source: New Mexico Taxation and Revenue Department.
What is not in the state income tax number
The state line here is income tax only. Federal income tax follows IRS Publication 15-T, and Social Security and Medicare are the same in every state. New Mexico has no employee local wage tax in this calculator.
New Mexico tax on a paycheck
For take-home pay after every tax, use the New Mexico paycheck calculator, or the New Mexico hourly to salary calculator if you are starting from a wage. Wages at the bottom of the scale: New Mexico minimum wage. Every state at once: state income tax rates.
| Single filer, taxable income | Rate | Married filing jointly, taxable income |
|---|---|---|
| $0 to $5,500 | 1.5% | $0 to $8,000 |
| $5,500 to $16,500 | 3.2% | $8,000 to $25,000 |
| $16,500 to $33,500 | 4.3% | $25,000 to $50,000 |
| $33,500 to $66,500 | 4.7% | $50,000 to $100,000 |
| $66,500 to $210,000 | 4.9% | $100,000 to $315,000 |
| Over $210,000 | 5.9% | Over $315,000 |
| State | Top rate | State income tax per year | Take-home per year |
|---|---|---|---|
| New Mexico income tax (this page) | 5.9% | $2,359 | $59,233 |
| Texas income tax | none | $0 | $61,592 |
| Arizona income tax | 2.5% | $1,875 | $59,717 |
| Colorado income tax | 4.4% | $2,591 | $59,000 |
Sources
Keep reading
Brackets used for the estimate
| Over | Rate |
|---|---|
| $0 | 1.5% |
| $5,500 | 3.2% |
| $16,500 | 4.3% |
| $33,500 | 4.7% |
| $66,500 | 4.9% |
| $210,000 | 5.9% |
| Over | Rate |
|---|---|
| $0 | 1.5% |
| $8,000 | 3.2% |
| $25,000 | 4.3% |
| $50,000 | 4.7% |
| $100,000 | 4.9% |
| $315,000 | 5.9% |
Source: New Mexico Taxation and Revenue Department. Head of household uses the single brackets on this page, except where the method above says otherwise.
Nearby calculators
Questions
Does New Mexico have a state income tax?
Yes. Statutory estimate, not the employer wage table. The top rate used on this page is 5.9%.
What is the New Mexico income tax rate in 2026?
6 brackets from 1.5% to 5.9%. The bracket table on this page lists every rate.
How much New Mexico income tax on $50,000?
About $1,184 a year for a single filer in 2026, an effective rate of 2.37%. Federal tax, Social Security and Medicare are extra.
How much New Mexico income tax on $100,000?
About $3,569 a year for a single filer in 2026, an effective rate of 3.57%.
Is this the amount an employer withholds?
It is an estimate of the tax owed using the statutory rates, not the state’s wage-bracket withholding table, so a pay stub can differ.