New Mexico Income Tax Calculator 2025
How Much Is Your Salary After Taxes in New Mexico?
Your Year Take-Home Pay
$44,746
Gross Income
$60,000
Total Tax
$15,254
Detailed Tax Summary
Just enter your numbers to instantly see your 2025 tax bracket, effective and marginal rates, payroll taxes, and estimated refund or amount owed.
2025 Tax Brackets in New Mexico
The United States uses a progressive tax system. Different portions of your income are taxed at different rates.
Frequently Asked Questions
What are the New Mexico income tax brackets for 2025?
In New Mexico for 2025, tax brackets range from 1.5% to 5.9%.
Does New Mexico have high income taxes?
New Mexico ranks among states with moderate income taxes.
How Your Income Compares in New Mexico
The median salary in New Mexico is $58,756.
Tax Impact at Different Income Levels
Take-home pay comparison
Calculate 2025 Taxes by State
| State | Rank |
|---|---|
| Alaska | 1 |
| Florida | 2 |
| Nevada | 3 |
•••19 more states | |
| New Mexico | 23 |
| Michigan | 24 |
| North Carolina | 25 |
| Nebraska | 26 |
| Missouri | 27 |
| Oklahoma | 28 |
Calculate Tax for Popular Salaries in New Mexico
Top Companies Hiring in New Mexico
This calculator offers estimates using current tax rates and standard deductions. It does not account for local taxes, itemized deductions, tax credits, or employer-paid taxes. For personalized guidance, please consult a tax professional. If you spot any issues, feel free to contact us to report them.