Pharmacist salary in New Mexico
Updated Updated for 2026 tax law
A pharmacist in New Mexico earns a median of $147,000 a year ($70.67/hour equivalent), 4.3% above the national median of $140,910. New Mexico ranks #11 of 51 states. About 1,730 people do this job in New Mexico.
Take-home pay in New Mexico
At the New Mexico median, a single filer keeps about $105,868 a year after federal, FICA and New Mexico taxes — $4,072 every two weeks. Try your own numbers with the New Mexico paycheck calculator.
- Gross pay
- $5,653.85
- Federal income tax
- −$923.62
- Social Security (6.2%)
- −$350.54
- Medicare (1.45%)
- −$81.98
- New Mexico income tax
- −$225.85
- Take-home pay
- $4,071.86
Annual breakdown
- Gross
- $147,000
- Federal
- $24,014
- FICA
- $11,246
- State + local
- $5,872
- Net
- $105,868
- Marginal federal rate
- 24.0%
- Marginal state rate
- 4.9%
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 | Alaska | $167,310 |
| #2 | Oregon | $165,960 |
| #3 | California | $164,610 |
| #4 | Hawaii | $163,220 |
| #5 | Washington | $160,610 |
| #11 | New Mexico | $147,000 |
| #49 | Mississippi | $133,230 |
| #50 | Louisiana | $132,410 |
| #51 | Rhode Island | $128,180 |
See the national pharmacist salary page for the full pay range and all states.
BLS occupation: Pharmacists (SOC 29-1051), May 2025, state estimates.
Frequently asked questions
How much does a pharmacist make in New Mexico?
The median salary is $147,000 a year and the average is $143,050 (BLS May 2025).
Is New Mexico a good state for pharmacists?
New Mexico ranks #11 of 51 states for median pay in this job, 4% above the national median of $140,910.
What is $147,000 after taxes in New Mexico?
About $105,868 a year ($4,072 every two weeks) for a single filer in 2026.
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Estimates for information only — not tax, legal or financial advice.