How much does a psychiatrist make in New Mexico?
$227,700a year
Median yearly pay for psychiatrists in New Mexico. That is $109.49 an hour or $18,980 a month.
- Hourly
- $109.49
- Vs. national median
- -19%
- Rank among states
- 35 of 46
Pay range
Lowest 10%: $172,300Median: $227,700Highest 10%: $388,100
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $172,300 | $82.86 | |
| 25th | $224,900 | $108.13 | |
| Median | $227,700 | $109.49 | |
| 75th | $248,900 | $119.68 | |
| 90th | $388,100 | $186.59 |
Cities in New Mexico
Metro areas, median yearly pay.
| Albuquerque, NM | $236,300 |
Nearby in the ranking
States with similar pay for psychiatrists.
| 32. Georgia | $237,500 |
| 33. South Carolina | $237,300 |
| 34. Texas | $228,500 |
| 35. New Mexico | $227,700 |
| 36. South Dakota | $226,200 |
| 37. Tennessee | $214,900 |
| 38. Mississippi | $213,700 |
Frequently asked questions
How much does a psychiatrist make an hour in New Mexico?
The median hourly pay in New Mexico is $109.49 ($227,700 a year).
Do psychiatrists make more in New Mexico than the national average?
No: $227,700 against $281,900 nationally, 19% less.
Where does New Mexico rank for psychiatrist pay?
New Mexico ranks 35 of 46 states.
Which city in New Mexico pays psychiatrists the most?
Albuquerque, NM, with a median of $236,300 a year.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.