Pharmacist salary in New Mexico
Pharmacists in New Mexico earn a median $147,000 a year, 4% above the national median of $140,910. That ranks #11 of 51 states. After taxes, a single filer keeps about $105,868.
Source: BLS Occupational Employment and Wage Statistics, May 2025, SOC 29-1051. Taxes for tax year 2026.
| Yearly | Monthly | Every 2 weeks | Hourly | |
|---|---|---|---|---|
| Median pay | $147,000 | $12,250 | $5,654 | $70.67 |
| Average pay | $143,050 | $11,921 | $5,502 | $68.77 |
| Take-home (median) | $105,868 | $8,822 | $4,072 | $50.90 |
Where the money goes
| Item | Per year |
|---|---|
| Federal income tax | $24,014 |
| Social Security and Medicare | $11,246 |
| New Mexico income tax | $5,872 |
| Take-home | $105,868 |
New Mexico's prices are 8% below the U.S. average, so the median take-home buys what $114,810 buys in an average-priced state. The New Mexico minimum wage is $12.00; the median pharmacist earns 5.9 times that.
Pharmacist pay in New Mexico vs. neighboring states
| State | Median salary | Take-home | Buying power |
|---|---|---|---|
| New Mexico | $147,000 | $105,868 | $114,810 |
| Arizona | $146,930 | $108,422 | $107,693 |
| Colorado | $156,030 | $111,069 | $107,780 |
| Oklahoma | $135,140 | $98,098 | $111,675 |
| Texas | $138,260 | $105,767 | $108,974 |
| Utah | $144,240 | $103,435 | $104,624 |
Frequently asked questions
- How much do pharmacists make in New Mexico?
- The median salary is $147,000 a year ($70.67 an hour), and the average is $143,050, per BLS data for May 2025.
- How much do pharmacists take home in New Mexico?
- About $105,868 a year after federal and New Mexico taxes, or $4,072 every two weeks, for a single filer at the median salary.
- Do pharmacists earn more in New Mexico than the national average?
- New Mexico ranks #11 of 51 for median pay, 4% above the U.S. median of $140,910. Adjusted for prices and taxes it ranks #6.