New Mexico charges 1.5-5.9% state income tax. Use the tax bracket visualizer pre-loaded with New Mexico rates.
Open Tax Bracket Visualizer →Use the tax bracket visualizer with New Mexico's graduated (1.5-5.9%) state income tax rates pre-loaded. Enter your numbers to see results specific to New Mexico's tax environment.
New Mexico uses a graduated income tax with brackets ranging from 1.5-5.9%. Lower income is taxed at lower rates, with the 5.9% top rate applying only to income in the highest bracket. This progressive structure means your effective state tax rate is always lower than the top marginal rate. New Mexico does not have local income taxes, so the state graduated rate is the total state-level income tax burden.
The table below shows what you actually keep at five salary levels in New Mexico, accounting for federal tax, FICA, and New Mexico's graduated (1.5-5.9%) state tax.
See how New Mexico compares to other West states. Each link takes you to the tax bracket visualizer landing page for that state.
For a comprehensive breakdown of New Mexico’s tax structure, salary comparisons, cost-of-living analysis, and more, visit the full New Mexico take-home pay page.