United States · Minimum wage 2026 · New Mexico
New Mexico minimum wage 2026
The New Mexico minimum wage is $12.00 an hour in 2026, which is $24,960 a year for a full-time job. No change is scheduled for 2027 as far as we know (the state’s site could not be re-read on October 7, 2026). After tax, a single full-time worker keeps about $22,031.
New Mexico · $12.00 an hour (the 2026 rate) · 40 hours a week
$22,031 a year after tax
$24,960 a year before tax · $1,835.89 a month after tax
| Before tax | After tax | |
|---|---|---|
| A week | $480.00 | $423.67 |
| A month | $2,080.00 | $1,835.89 |
| A year | $24,960 | $22,031 |
- Taken off for the year: $886.00 federal income tax, $1,909.44 Social Security and Medicare, and $133.83 New Mexico tax. Single filer, one job, nothing taken before tax.
- A year is 52 weeks of 40 hours (2,080 hours).
How much is the New Mexico minimum wage a year?
At $12.00 an hour, before tax, and after tax for a single filer. A year is 52 weeks.
| Hours a week | A week | A month | A year | Take-home a year |
|---|---|---|---|---|
| 40 | $480.00 | $2,080.00 | $24,960 | $22,031 |
| 30 | $360.00 | $1,560.00 | $18,720 | $17,024 |
| 20 | $240.00 | $1,040.00 | $12,480 | $11,525 |
Full time, $886 goes in federal income tax, $1,909 in Social Security and Medicare and $134 in New Mexico tax, leaving $1,835.89 a month.
What is the tipped minimum wage in New Mexico?
Employers in New Mexico can pay tipped workers a cash wage of $3.00 an hour, as long as tips bring them up to at least $12.00: tips must cover up to $9.00 of each hour. At 40 hours a week the cash wage alone is $120.00.
Will the New Mexico minimum wage go up in 2027?
No change is scheduled for 2027 as far as we know (the state’s site could not be re-read on October 7, 2026).
Are there exceptions in New Mexico?
Some cities set higher rates than their state; check your city’s own rate. This page shows the state rate.
New Mexico’s rate is $4.75 an hour above the federal $7.25.
What does this leave out?
- Rates for particular jobs or employers the data does not list, training and youth wages beyond those shown, and overtime.
- In take-home pay: local taxes, other income, credits and pre-tax deductions; it is a single filer with one job.
- City and county rates the data does not cover.
What else can I work out?
- New Mexico paycheck calculator Take-home pay for any wage or salary in New Mexico, per paycheck, with 401(k) and HSA.
- Minimum wage by state Every state’s 2026 rate, tipped wage and 2027 change, side by side.
- New Jersey minimum wage $15.92 an hour in 2026.
- New York minimum wage $17.00 an hour in 2026 (New York City area).
- Hourly to salary calculator Any hourly wage as a yearly salary, and back, with take-home pay.
Questions about the New Mexico minimum wage
What is the minimum wage in New Mexico in 2026?
$12.00 an hour.
What is the tipped minimum wage in New Mexico?
Employers in New Mexico can pay tipped workers a cash wage of $3.00 an hour, as long as tips bring them up to at least $12.00: tips must cover up to $9.00 of each hour. At 40 hours a week the cash wage alone is $120.00.
Will the New Mexico minimum wage go up in 2027?
No change is scheduled for 2027 as far as we know (the state’s site could not be re-read on October 7, 2026).
How much is $12.00 an hour a year?
$24,960 a year before tax at 40 hours a week for 52 weeks: $2,080.00 a month or $480.00 a week. At 30 hours a week it is $18,720 a year.
How much does a minimum wage job pay after taxes in New Mexico?
A single person working 40 hours a week at $12.00 keeps about $22,031 a year ($1,835.89 a month) after $886 federal income tax,$1,909 Social Security and Medicare and $134 New Mexico tax.
Do cities in New Mexico have a higher minimum wage?
Our data has no city rates for New Mexico, so this page shows the state rate. Some states let cities set their own higher rates, so check your city’s own rate.