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Progressive Tax

New Mexico Salary Calculator

Calculate your take-home pay in New Mexico for 2025. New Mexico has a progressive state income tax with multiple brackets.

Your Income

Enter your salary details for 2025

$
$
$0/yr

Pre-tax contribution (max $23,500 in 2025)

$0/yr

Pre-tax health savings (max $4,300 self / $8,550 family)

Take Home Pay

$0.00/year

  • Gross Income$0.00
  • Taxable Income$0.00
  • Federal Tax-$0.00
  • State Tax (NM)-$0.00
  • Social Security-$0.00
  • Medicare-$0.00
  • Total Deductions-$0.00

0.0%

Effective Rate

10%

Marginal Rate

New Mexico Tax Information 2025

State Income Tax

$0 - $5,5001.70%
$5,500 - $11,0003.20%
$11,000 - $16,0004.70%
$16,000 - $210,0004.90%
Over $210,0005.90%

Standard deduction: $14,600

Other Information

Minimum Wage

$12.00/hr

Tipped: $3.00/hr

Annual at Minimum Wage

$24,960

Based on 40 hrs/week, 52 weeks