Electricians
Median $28.07 an hour in New Mexico · 5,020 jobs
New Mexico · 2026 take-home pay
At $27 an hour in New Mexico you keep about $22.03 of every hour — $881 a week, $3,819 a month or $45,831 a year full time — after 2026 federal income tax, Social Security, Medicare and New Mexico income tax. New Mexico has a graduated income tax, and its minimum wage is $12.00 an hour.
| A year | A week | An hour | |
|---|---|---|---|
| Gross pay | $56,160 | $1,080 | $27.00 |
| Federal income tax | −$4,559 | −$88 | −$2.19 |
| Social Security (6.2%) | −$3,482 | −$67 | −$1.67 |
| Medicare (1.45%+) | −$814 | −$16 | −$0.39 |
| New Mexico income tax | −$1,474 | −$28 | −$0.71 |
| Take-home pay | $45,831 | $881 | $22.03 |
Effective tax rate 18.4% · federal bracket 12% · New Mexico bracket 4.7%.
| Paid | Gross | Take-home |
|---|---|---|
| Weekly (52 paychecks) | $1,080.00 | $881.36 |
| Every two weeks (26) | $2,160.00 | $1,762.72 |
| Twice a month (24) | $2,340.00 | $1,909.61 |
| Monthly (12) | $4,680.00 | $3,819.23 |
Take-home in New Mexico for part-time, full-time and overtime weeks. Overtime is paid at 1.5 times $27 an hour for hours over 40, as federal law requires for most hourly workers.
| Schedule | Gross a week | Take-home a week | Take-home a year |
|---|---|---|---|
| 20 hours a week* | $540 | $470 | $24,444 |
| 30 hours a week | $810 | $677 | $35,180 |
| 40 hours a week | $1,080 | $881 | $45,831 |
| 40 hours + 5 overtime | $1,283 | $1,034 | $53,778 |
| 40 hours + 10 overtime | $1,485 | $1,167 | $60,691 |
*If this is your only job. With a second job, withholding on each is likely too low unless you adjust your W-4.
Occupations whose median wage in New Mexico is within 4% of $27 an hour, most common first. Source: BLS OEWS May 2025.
Median $28.07 an hour in New Mexico · 5,020 jobs
Median $26.82 an hour in New Mexico · 3,250 jobs
Median $27.00 an hour in New Mexico · 2,990 jobs
Median $26.88 an hour in New Mexico · 1,740 jobs
Median $27.63 an hour in New Mexico · 1,400 jobs
Median $27.79 an hour in New Mexico · 1,400 jobs
New Mexico ranks 16th of 51 for take-home pay on $27 an hour (1st = keeps the most). Here it is next to its neighbors.
| State | After tax, per hour | A year | Minimum wage | vs New Mexico |
|---|---|---|---|---|
| New Mexico | $22.03 | $45,831 | $12.00 | — |
| Arizona | $22.26 | $46,294 | $15.15 | +$463 a year |
| Colorado | $21.78 | $45,295 | $15.16 | −$536 a year |
| Oklahoma | $21.79 | $45,323 | $7.25 | −$508 a year |
| Texas | $22.74 | $47,305 | $7.25 | +$1,474 a year |
| Utah | $21.77 | $45,278 | $7.25 | −$553 a year |
Taxable income is $56,160 minus the 2026 standard deduction ($16,100) = $40,060. Each slice is taxed at its own rate:
| Rate | Income in this bracket | Tax |
|---|---|---|
| 10% | $12,400 | $1,240 |
| 12% | $27,660 | $3,319 |
| Total | $40,060 | $4,559 |
Taxable income is $56,160 of New Mexico wages minus $16,100 standard deduction = $40,060.
| Rate | Income in this bracket | Tax |
|---|---|---|
| 1.5% | $5,500 | $83 |
| 3.2% | $11,000 | $352 |
| 4.3% | $17,000 | $731 |
| 4.7% | $6,560 | $308 |
| Total | $40,060 | $1,474 |
About $22.03 for every hour you work, or $45,831 a year at 40 hours a week ($56,160 gross). Taxes take about 18.4% of your pay, for a single filer in 2026 with no pre-tax deductions.
About $881 a week at 40 hours, from $1,080 gross. Paid every two weeks, each paycheck is about $1,763.
About $3,819 a month at 40 hours a week, from $4,680 gross.
$27 an hour is 2.3 times New Mexico's minimum wage of $12.00 an hour. It's about the 58th percentile of hourly pay in New Mexico (BLS, May 2025) — roughly 58 in 100 workers earn less. The median hourly wage for all jobs in New Mexico is $22.70. After taxes and local prices, $45,831 a year buys about what $49,701 would at national-average prices.
It ranks 16th of 51 among the 50 states and D.C. for take-home on $27 an hour. The most you'd keep is $47,305 a year, in 8 places including Florida, North Dakota, New Hampshire; the least, $43,233 in Oregon.
$27 an hour in every state · $55,000 a year in New Mexico · $60,000 a year in New Mexico · New Mexico paycheck calculator · All pay conversions
Our 2026 engine applies IRS Publication 15-T withholding, Social Security and Medicare, New Mexico's income tax rules (methodology). Local income taxes are not included. Minimum wages: U.S. Department of Labor. Wage distribution and jobs: BLS OEWS May 2025. Price levels: BEA Regional Price Parities.