New Mexico minimum wage 2026
OfficialThe New Mexico rate, the next increase and a full-time paycheck after tax.
- Minimum wage
- $12.00
- an hour
- Next rate
- none scheduled
- Full time, after tax
- $22,022
- a year
- Rank
- #24 of 51
- by minimum wage, 1 is the highest (tied)
What is the minimum wage in New Mexico in 2026?
Will the New Mexico minimum wage go up in 2027?
No increase is scheduled, so it stays at $12 an hour in 2027.
$12.00 an hour
- Today, November 1, 2026
How much is minimum wage a year in New Mexico?
Full time, a New Mexico minimum wage job pays $24,960 a year before tax. See what $12 an hour pays in each state. The closest salary with its own page is $25,000 a year.
- A year
- $24,960
- A month
- $2,080.00
- Every two weeks
- $960.00
- A week
- $480.00
How this is calculated
- The hourly rate times 40 hours a week times 52 weeks.
How much is a minimum wage paycheck after taxes in New Mexico?
After taxes, full-time minimum wage work in New Mexico takes home $22,022 a year. Each paycheck every two weeks comes to $834.74. It takes 94.5 hours of work to take home $1,000. The New Mexico income tax page shows how much of it the state takes. Run your own hours through the New Mexico hourly paycheck calculator.
- Take-home per year
- $22,022
- Every two weeks
- $834.74
- Per hour after tax
- $10.59
- In national prices
- $23,882
How this is calculated
- Full-time pay of $24,960 through federal, Social Security, Medicare and New Mexico taxes for 2026.
- The reference worker is a single filer with one job, paid every two weeks, with a standard Form W-4 and no pre-tax deductions, under 65.
Is $20 an hour good pay in New Mexico?
It is below the middle: $20 an hour is more than 39% of New Mexico workers earn, but less than half of them. The New Mexico median wage is $22.70 an hour.
Wage statistics cover employees in all jobs, full and part time, not the self-employed.
What is the tipped minimum wage in New Mexico?
Tipped workers in New Mexico can be paid $3 an hour if tips bring them to at least $12.
The employer must make up the difference in any week tips fall short.
Which New Mexico cities have a higher minimum wage?
Some New Mexico cities and counties set their own higher minimum wage. Santa Fe pays $15.40 an hour.
| Place | Kind | Minimum wage | Since | Next |
|---|---|---|---|---|
| Santa Fe | city | $15.40 | March 1, 2026 | $17.50 on January 1, 2027 |
How has the New Mexico minimum wage changed?
The New Mexico minimum wage rose from $7.50 an hour in 2016 to $12 today. It was $2 in 1976.
How does the New Mexico minimum wage compare with other states?
New Mexico ranks #24 of 51, tied with Nevada; the highest is Washington, DC at $18.40 an hour. Nevada's minimum wage is the same $12, and the next closest are South Dakota's and Minnesota's. The minimum wage in every state page lists all of them.
Questions people ask
How much is minimum wage per week in New Mexico?
Full time, a New Mexico minimum wage job takes home $423.49 a week after taxes.
Is the New Mexico minimum wage worth more in local prices?
Yes. After taxes and New Mexico prices, a full-time minimum wage job is worth $23,882 a year at average US prices, more than its $22,022 take-home.