Family Medicine Physician salary in New Mexico
Updated Updated for 2026 tax law
A family medicine physician in New Mexico earns a median of $228,040 a year ($109.63/hour equivalent), 6.6% below the national median of $244,180. New Mexico ranks #38 of 51 states. About 650 people do this job in New Mexico.
Take-home pay in New Mexico
At the New Mexico median, a single filer keeps about $158,903 a year after federal, FICA and New Mexico taxes — $6,112 every two weeks. Try your own numbers with the New Mexico paycheck calculator.
- Gross pay
- $8,770.77
- Federal income tax
- −$1,702.95
- Social Security (6.2%)
- −$439.96
- Medicare (1.45%)
- −$136.88
- New Mexico income tax
- −$379.33
- Take-home pay
- $6,111.65
Annual breakdown
- Gross
- $228,040
- Federal
- $44,277
- FICA
- $14,998
- State + local
- $9,862
- Net
- $158,903
- Marginal federal rate
- 32.0%
- Marginal state rate
- 5.9%
2026 federal brackets (Rev. Proc. 2025-32) and 2026 state rules. Estimates assume wages are your only income and use annual liability, so your actual withholding can differ slightly.
How New Mexico compares
| Rank | State | Median salary |
|---|---|---|
| #1 | Rhode Island | $467,160 |
| #2 | Oklahoma | $361,350 |
| #3 | Idaho | $347,160 |
| #4 | Montana | $330,760 |
| #5 | Alaska | $323,490 |
| #38 | New Mexico | $228,040 |
| #49 | Missouri | $171,180 |
| #50 | Connecticut | $163,930 |
| #51 | Alabama | $134,550 |
See the national family medicine physician salary page for the full pay range and all states.
BLS occupation: Family Medicine Physicians (SOC 29-1215), May 2025, state estimates.
Frequently asked questions
How much does a family medicine physician make in New Mexico?
The median salary is $228,040 a year and the average is $238,170 (BLS May 2025).
Is New Mexico a good state for family medicine physicians?
New Mexico ranks #38 of 51 states for median pay in this job, 7% below the national median of $244,180.
What is $228,040 after taxes in New Mexico?
About $158,903 a year ($6,112 every two weeks) for a single filer in 2026.
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Estimates for information only — not tax, legal or financial advice.