New Mexico Income Tax Brackets 2025
New Mexico uses a progressive income tax system with 5 brackets.
State Tax
5.9%
Top marginal rate
COL Index
92
Below national avg
Median Income
$58,722
Household
Brackets
5
Progressive
New Mexico Tax Brackets
| Income Range | Marginal Rate |
|---|---|
| $0 — $5,500 | 1.70% |
| $5,500 — $11,000 | 3.20% |
| $11,000 — $16,000 | 4.70% |
| $16,000 — $210,000 | 4.90% |
| $210,000 — and above | 5.90% |
New Mexico State Tax at Different Income Levels
| Gross Income | State Tax | Effective Rate |
|---|---|---|
| $50,000 | $2,171 | 4.34% |
| $75,000 | $3,396 | 4.53% |
| $100,000 | $4,621 | 4.62% |
| $150,000 | $7,071 | 4.71% |
| $200,000 | $9,521 | 4.76% |
| $300,000 | $15,321 | 5.11% |
Calculate Your Exact New Mexico Taxes
See your full federal + state + FICA breakdown with our interactive calculator.
Open Tax CalculatorCompare With Other States
AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaii
No income tax states