New Mexico Total Tax Burden Calculator 2026
Calculate every tax you pay in New Mexico (NM) — federal income tax, state income tax, Social Security, Medicare, property tax, and sales tax combined. New Mexico has a progressive state income tax. Enter your details below to find your true effective rate across all taxes.
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New Mexico Tax Overview
Understanding your total tax burden in New Mexico requires looking beyond just income tax. Here is how all major tax types combine in your state.
State Income Tax
New Mexico uses a progressive income tax with multiple brackets. Higher portions of your income are taxed at increasingly higher rates. The standard deduction is $14,600 for single filers and $29,200 for married filing jointly.
Sales Tax
New Mexico has a 5.13% state sales tax rate. This is a moderate rate compared to other states. Local jurisdictions may add additional sales tax.
Property Tax
The average effective property tax rate in New Mexico is approximately 0.68%. This is below the national average of about 1.1%, making New Mexico relatively affordable for homeowners in terms of property taxes.
Total Tax Burden by City in New Mexico
Explore city-level total tax burden data for New Mexico.
Total Tax Burden by ZIP Code in New Mexico
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