How much does a Physical Therapists actually take home in New Mexico?
Progressive (up to 5.9%) — 26.1% effective total tax rateData: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02
Some links are affiliate links. See our disclosure.
Detailed line-by-line tax calculation for a Physical Therapists earning $100,450 in New Mexico (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $100,450 | — |
| Federal Income Tax | -$13,940 | 13.9% |
| New Mexico State Income Tax | -$4,642 | 4.6% |
| Social Security (OASDI) | -$6,227 | 6.2% |
| Medicare | -$1,456 | 1.5% |
| Total Taxes | -$26,266 | 26.1% |
| Take-Home Pay | $74,183 | 73.9% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Physical Therapists in New Mexico.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $58,650 | -$12,135 | $46,514 | 20.7% |
| 25th Percentile (P25) | $76,620 | -$18,033 | $58,586 | 23.5% |
| Median (P50) | $100,450 | -$26,266 | $74,183 | 26.1% |
| 75th Percentile (P75) | $120,220 | -$33,199 | $87,020 | 27.6% |
| 90th Percentile (P90) | $134,320 | -$38,352 | $95,967 | 28.6% |
After federal income tax ($13,940), state tax ($4,642), and FICA ($7,684), a Physical Therapists in New Mexico takes home $74,183 per year — or $6,181 per month. The effective tax rate of 26.1% is moderate compared to the national range.
Where does a Physical Therapists keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
New Mexico ranks #18 out of 51 states for Physical Therapists after-tax take-home pay.
A Physical Therapists in New Mexico earning a median salary of $100,450 will take home approximately $74,183 per year after federal income tax ($13,940), state income tax ($4,642), and FICA ($7,684). That is $6,181 per month or $2,853 per bi-weekly paycheck.
The effective total tax rate for a Physical Therapists in New Mexico is 26.1%, broken down as: federal income tax 13.9%, New Mexico state tax 4.6%, and FICA (Social Security + Medicare) 7.6%. This assumes a single filer with the standard deduction for 2024.
New Mexico has a progressive (up to 5.9%). On a Physical Therapists's median salary of $100,450, the state income tax amounts to $4,642 per year, which is an effective state rate of 4.6%.
After all taxes, a Physical Therapists in New Mexico takes home approximately $6,181 per month, or about $35.66 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.
We start with the 2024 BLS median salary of $100,450 for Physical Therapists in New Mexico, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), New Mexico state income tax (progressive (up to 5.9%)), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $74,183/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.
Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR