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Tax Year 2025 · Updated Apr 2026

2025 New Mexico Income Tax Brackets

New Mexico (NM) uses 5 progressive income tax brackets ranging from 1.7% to 5.9% for 2025. Brackets apply to taxable income after the state standard deduction.

Top rate
5.9%
Top bracket starts at
$210,000
single filer
Std deduction (single)
$14,600
Std deduction (MFJ)
$29,200

Single Filer · 2025

Also applies to married filing separately in most states.

RateTaxable income
1.7%$0 – $5,500
3.2%$5,500 – $11,000
4.7%$11,000 – $16,000
4.9%$16,000 – $210,000
5.9%$210,000 and up

Married Filing Jointly · 2025

Distinct MFJ bracket table

RateTaxable income
1.7%$0 – $8,000
3.2%$8,000 – $25,000
4.7%$25,000 – $38,000
4.9%$38,000 – $53,000
4.9%$53,000 – $315,000
5.9%$315,000 and up

Effective rate at common income levels (single)

Effective rate = total New Mexico income tax owed divided by gross income, after the state standard deduction. Federal tax and FICA are not included here.

Gross incomeNew Mexico taxEffective rateMarginal rate
$50,000$1,4552.9%4.9%
$75,000$2,6803.6%4.9%
$100,000$3,9053.9%4.9%
$150,000$6,3554.2%4.9%
$250,000$11,5094.6%5.9%
2024 vs 2025. Bracket thresholds in many states adjust annually for inflation. New Mexico publishes annual updates through its Department of Revenue. Always confirm against the current year's instructions before filing.

Run a full calculation

Combine federal + New Mexico income tax and FICA into a single take-home estimate for your situation.

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Frequently Asked Questions

The top New Mexico bracket is 5.9%, beginning at $210,000 of taxable income for single filers.

At $100,000 of gross income (single filer), the New Mexico effective income tax rate is approximately 3.9% — about $3,905 in state tax after the $14,600 standard deduction.

The New Mexico standard deduction for 2025 is $14,600 for single filers and $29,200 for married filing jointly.

Distinct MFJ bracket table in New Mexico for 2025.

New Mexico publishes annual inflation adjustments to bracket thresholds through its Department of Revenue. Rate changes typically require legislative action. Verify the latest figures against the current year instructions.

Sources: New Mexico Department of Revenue, Tax Foundation, IRS
Last updated:

New Mexico 2025 income tax brackets from official state Department of Revenue publications, cross-checked against the Tax Foundation's State Individual Income Tax Rates and Brackets report. Effective-rate calculations use the standard deduction and progressive bracket math; itemized deductions, credits, and locality taxes are not included. Not tax advice; consult a qualified tax professional before filing.