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New Mexico Income Tax Calculator 2026
What you owe New Mexico on your income, with the 2026 rates and deductions. Updated November 15, 2026.
New Mexico income tax for the year
$1,654
| Per month | $137.86 |
| Share of your income | 2.76% |
| Rate on your next dollar | 4.7% |
Single filer, wages only, standard deduction. State income tax only: federal tax is separate.
New Mexico income tax rates for 2026
| Taxable income (single) | Rate |
|---|---|
| $0 – $5,500 | 1.5% |
| $5,500 – $16,500 | 3.2% |
| $16,500 – $33,500 | 4.3% |
| $33,500 – $66,500 | 4.7% |
| $66,500 – $210,000 | 4.9% |
| Over $210,000 | 5.9% |
- Standard deduction (single): $16,100
New Mexico income tax by income
| Income | New Mexico tax | Share of income | Rate on next dollar |
|---|---|---|---|
| $20,000 | $59 | 0.29% | 1.5% |
| $30,000 | $351 | 1.17% | 3.2% |
| $40,000 | $753 | 1.88% | 4.3% |
| $50,000 | $1,184 | 2.37% | 4.7% |
| $60,000 | $1,654 | 2.76% | 4.7% |
| $75,000 | $2,359 | 3.15% | 4.7% |
| $100,000 | $3,569 | 3.57% | 4.9% |
| $150,000 | $6,019 | 4.01% | 4.9% |
| $200,000 | $8,469 | 4.23% | 4.9% |
| $300,000 | $14,108 | 4.70% | 5.9% |
| $500,000 | $25,908 | 5.18% | 5.9% |
Single filer with the standard deduction. The share of income is lower than the bracket rate because part of your income is not taxed and the first dollars fall in lower brackets.
New Mexico income tax vs. neighboring states
| State | Rates | Tax on $60,000 | vs. New Mexico |
|---|---|---|---|
| New Mexico | 1.5%–5.9% | $1,654 | — |
| Arizona | 2.5% | $1,106 | −$548 |
| Colorado | 4.4% | $1,932 | +$277 |
| Oklahoma | 2.5%–4.5% | $2,155 | +$500 |
| Texas | none | $0 | −$1,654 |
| Utah | 4.45% | $2,247 | +$593 |
What a New Mexico worker pays in total
State income tax is one part of the bill. On a $60,000 salary a single filer in New Mexico pays $5,020 of federal income tax, $4,590 of Social Security and Medicare, $1,654 of New Mexico income tax. That leaves $48,736 a year. The New Mexico paycheck calculator shows it per paycheck.
Frequently asked questions
What is the income tax rate in New Mexico?
New Mexico taxes wages at rates from 1.5% to 5.9%, depending on income in 2026.
How much New Mexico income tax do I pay on $60,000?
A single filer earning $60,000 pays about $1,654 in New Mexico income tax in 2026. That is 2.76% of income, lower than the top bracket rate because of the deduction and the lower brackets.
How does New Mexico compare with other states?
On a $60,000 salary, New Mexico ranks 18th lowest of the 50 states and DC for state income tax. Among its neighbors, Texas charges the least.
Is New Mexico income tax on top of federal income tax?
Yes. State income tax is separate from federal income tax, and you pay both. On $60,000, that is $5,020 federal and $1,654 to New Mexico.
More New Mexico tools
New Mexico taxes and pay: overviewNew Mexico paycheck calculatorNew Mexico minimum wage$15 an hour$20 an hour$25 an hour$30 an hour$50,000 a year$75,000 a year$100,000 a year
Sources
Income tax in other states
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