New Mexico minimum wage is $12.00 per hour in 2026, equivalent to $24,960 per year for a full-time worker. New Mexico minimum wage is $12.00/hr.
| Category | Rate |
|---|---|
| Standard minimum wage | $12.00/hr |
| Annual salary (40hr week, 52 weeks) | $24,960/yr |
| Federal minimum wage | $7.25/hr |
| Above federal rate? | Yes — +$4.75/hr |
| State income tax | 5.9% |
New Mexico minimum wage is $12.00/hr.
A full-time worker earning the New Mexico minimum wage of $12.00/hr working 40 hours per week, 52 weeks per year earns $24,960 gross per year. After federal income tax, Social Security and Medicare deductions, take-home pay is typically $20,467–$21,965 per year depending on individual circumstances.
New Mexico has a state income tax rate of up to 5.9%, which reduces take-home pay for minimum wage workers.
What is the minimum wage in New Mexico?
The minimum wage in New Mexico is $12.00 per hour in 2026. New Mexico minimum wage is $12.00/hr.
What is the annual salary at minimum wage in New Mexico?
Working 40 hours per week, a minimum wage worker in New Mexico earns $24,960 per year before tax.
Is New Mexico minimum wage above the federal rate?
Yes — New Mexico minimum wage of $12.00/hr is above the federal minimum wage of $7.25/hr.
What are the salary options above minimum wage in New Mexico?
For higher earning opportunities in New Mexico, see our full New Mexico salary guide covering 50+ professions.
Compare New Mexico's minimum wage with nearby states:
If you're looking to earn more than the New Mexico minimum wage, explore our salary guides for in-demand professions in New Mexico: