Healthcare New Mexico (NM) Rank #33 of 50

Psychologist Salary in New Mexico

The median psychologist salary in New Mexico is $77,650 per year, which is 9% below the national median of $85,330.

Median Salary
$77,650
vs National
$-7,680
State Rank
#33 of 50
Cost of Living
93%

Psychologist Salary in New Mexico by Experience

In New Mexico, an entry-level psychologist earns around $47,320, while experienced professionals earn up to $131,950 per year. The cost of living index in New Mexico is 93% of the national average.

Entry Level (0-2 yrs)
$47,320
$-4,680 vs national
Mid Level (3-7 yrs)
$80,080
$-7,920 vs national
Senior Level (8+ yrs)
$131,950
$-13,050 vs national

Salary Percentiles in New Mexico

Percentile NM Salary
10th Percentile $43,680
25th Percentile $58,240
Median (50th) $77,650
75th Percentile $104,650
90th Percentile $141,050

Psychologist Salary by City in New Mexico

The largest employment areas for psychologists in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries vary by city based on local cost of living and demand.

How to Become a Psychologist in New Mexico

Education

Most psychologist positions require a doctoral degree. New Mexico has several accredited institutions offering relevant programs.

Key Skills

PsychotherapyPsychological AssessmentCBT/DBTResearch MethodsClinical DocumentationEthics

Job Outlook in New Mexico

Nationally, psychologist employment is projected to grow 6% over the next decade (faster than average). New Mexico's demand may vary based on local industry trends.

Find Psychologist Jobs in New Mexico

Browse open psychologist positions in New Mexico:

Frequently Asked Questions: Psychologist Salary in New Mexico

How much does a Psychologist make in New Mexico?
The median psychologist salary in New Mexico is $77,650 per year, which is 9% below the national median of $85,330. Salaries range from $43,680 (10th percentile) to $141,050 (90th percentile).
How much does a Psychologist make per hour in New Mexico?
Based on the median annual salary of $77,650, a psychologist in New Mexico earns approximately $37 per hour assuming a standard 2,080-hour work year.
Is New Mexico a good state for psychologists?
New Mexico ranks #33 out of 50 states for psychologist pay. The cost of living index is 93% of the national average. Entry-level psychologists earn $47,320, while senior professionals earn $131,950.
How does New Mexico compare to other states for psychologist salary?
The highest paying state for psychologists is Hawaii at $151,887. New Mexico's median of $77,650 ranks #33 nationally. Nearby-ranked states include Ohio ($78,504) and Louisiana ($77,650).
What is the entry-level psychologist salary in New Mexico?
An entry-level psychologist in New Mexico earns approximately $47,320 per year. With 3-7 years of experience, pay increases to around $80,080. Senior-level professionals with 8+ years earn up to $131,950.
What city in New Mexico pays psychologists the most?
Santa Fe is the highest paying city in New Mexico for psychologists, with a median salary of $92,156. Other cities include Albuquerque and Las Cruces.