STATE TAX RATE

New Mexico Income Tax Overview

View New Mexico's state income tax rate and quick planning tips. Use this information with our salary calculators to estimate your net pay.

New Mexico State Tax Rate

5.9%

This state collects income tax based on your earned income.

What this means for you

New Mexico taxes wage income at this rate in addition to federal income tax and payroll taxes. Use our salary calculator to estimate how much you keep after all deductions.

Planning tip

Compare your current pay with our salary calculator using this state rate to understand your net earnings after state tax.