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Healthcare · New Mexico

How to Become a Psychiatrists in New Mexico

Psychiatrists in New Mexico earn a median salary of $283,600/year, which is 5% above the national average. New Mexico has a state income tax of ~4.8%. After taxes and rent, a psychiatrists takes home approximately $14,485/month. Most positions require Doctoral or professional degree.

$284K
Median salary in New Mexico
+5%
vs. national average
4.8%
State income tax
130
Employed in New Mexico

What a psychiatrists can afford in New Mexico

Gross annual salary$283,600
Est. monthly take-home (after fed + 4.8% state tax)$15,897/mo
Median 2BR rent (New Mexico)-$1,412/mo
Rent as % of take-home8.9% (within guideline)
Cost-of-living adjusted salary$283,600/yr (RPP: 100)
Monthly remaining after rent$14,485/mo

Becoming a psychiatrists in New Mexico

1

Meet education requirements

Psychiatrists positions in New Mexico typically require Doctoral or professional degree. Programs are available at colleges and training institutions across New Mexico. Research accredited programs in your area.

2

Gain required experience

Many psychiatrists positions in New Mexico require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain New Mexico licensure or certification

New Mexico may require specific licensing or professional certification for psychiatristss. Requirements vary by state — contact the New Mexico Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in New Mexico

New Mexico employs 130 psychiatrists.

Psychiatrists salary range in New Mexico

10th percentile (entry)
$213K
25th percentile
$213K
Median (50th)
$284K
75th percentile
$0
90th percentile (senior)
$0
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Full psychiatrists salary breakdown in New Mexico
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After federal + 4.8% state tax
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Frequently asked questions

How much does a psychiatrists make in New Mexico?

The median psychiatrists salary in New Mexico is $283,600 per year ($null/hr). This is 5% above the national median of $269,120. Salaries range from $213,150 to $0.

What are the requirements to become a psychiatrists in New Mexico?

Psychiatrists positions in New Mexico typically require Doctoral or professional degree. New Mexico may have specific licensing or certification requirements. Check with the New Mexico licensing board or department of labor for current requirements.

Can a psychiatrists afford to live in New Mexico?

At the median salary of $283,600, a psychiatrists in New Mexico would take home approximately $15,897/month after taxes. With median 2-bedroom rent at $1,412/month, that's 8.9% of take-home pay going to housing. This is within the recommended 30% guideline.

What are the best cities for psychiatrists in New Mexico?

Check our location hub pages for detailed metro area data within New Mexico.

Does New Mexico have state income tax for psychiatrists?

Yes, New Mexico has a state income tax rate of approximately 4.8%. On a $283,600 salary, this means roughly $13,492/year in state income tax. Use our take-home pay calculator for a detailed breakdown.