How to Become a Psychiatrists in New Mexico
Psychiatrists in New Mexico earn a median salary of $227,730/year, which is 19% below the national average. New Mexico has a state income tax of ~4.5%. After taxes and rent, a psychiatrists takes home approximately $11,855/month. Most positions require Doctoral or professional degree.
What a psychiatrists can afford in New Mexico
Becoming a psychiatrists in New Mexico
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.
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.
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.
Find positions in New Mexico
New Mexico has an active job market for psychiatrists. The highest concentrations are in Albuquerque.
Psychiatrists salary by metro area in New Mexico
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Albuquerque | $236K | $113.62/hr | , |
Psychiatrists salary range in New Mexico
Psychiatrists careers in other states
Frequently asked questions
How much does a psychiatrists make in New Mexico?▼
The median psychiatrists salary in New Mexico is $227,730 per year ($109.49/hr). This is 19% below the national median of $281,870. Salaries range from $172,340 to $388,100.
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 $227,730, a psychiatrists in New Mexico would take home approximately $13,161/month after taxes. With median 2-bedroom rent at $1,306/month, that's 9.9% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for psychiatrists in New Mexico?▼
The highest paying metro areas for psychiatrists in New Mexico are Albuquerque ($236,320). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does New Mexico have state income tax for psychiatrists?▼
Yes, New Mexico has a state income tax rate of approximately 4.5%. On a $227,730 salary, this means roughly $10,195/year in state income tax. Use our take-home pay calculator for a detailed breakdown.