Estimate your New Mexico income, sales and property tax. New Mexico has a progressive income tax up to 5.90%, an average combined sales tax of 7.67%, and an average effective property tax rate of 0.67%.
Estimate your NM state income tax, effective rate and take-home pay.
Estimate take-home pay in NM after federal, FICA and state tax.
Add NM state and local sales tax to any purchase amount.
Estimate annual NM property tax from your home's value.
Estimate the NM state tax on your investment gains.
Federal self-employment tax plus NM income tax on your net profit.
Estimate NM sales tax on a car, with trade-in credit.
Total NM state and local tax — income, sales and property combined.
New Mexico funds its services through a mix of income, sales and property taxes. Graduated rates up to 5.9%.
Sales tax averages 7.67% once local rates are included, and homeowners pay an average effective property tax of 0.67%.
Use the calculators above for a quick estimate, then verify exact figures with the New Mexico Taxation and Revenue Department (tax.newmexico.gov). These tools are estimates, not tax advice.