New Mexico sales tax at a glance
New Mexico has a progressive income tax with rates from 1.5% to 5.9%.
Every paycheck in New Mexico also has federal income tax, Social Security (6.2%) and Medicare (1.45%) withheld. Use the calculator above to see the exact amounts for any price.
Notes for New Mexico
- The $4,000 deduction for each dependent after the first and the low- and middle-income exemption are not included.