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Psychiatrists Salary in New Mexico
Last updated: 2025 BLS data · Page refreshed:
How much do Psychiatrists make in New Mexico?
Last updated: 2025 data from the Bureau of Labor Statistics
$227,730
Median Annual Salary
$238,260
Mean Salary
$227,730
Median Salary
$109.49
Hourly Rate
Psychiatrists salary by percentile in New Mexico
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Psychiatrists in New Mexico earn a median salary of $227,730 per year ($18,977/month).
This is 11.6% below the national average of $257,685.
New Mexico ranks #35 out of 46 states for Psychiatrists pay.
About This Job: Psychiatrists
Diagnose, treat, and help prevent mental disorders.
Top Skills
Active Listening
4.62
Social Perceptiveness
4.5
Speaking
4.25
Critical Thinking
4.25
Reading Comprehension
4.12
Key Knowledge Areas
Therapy and Counseling
4.94
Psychology
4.9
Medicine and Dentistry
4.75
English Language
4.27
Biology
3.81
Typical Education: Post-Doctoral Training
(58.5% of workers)
Salaries for Psychiatrists in New Mexico range from $172,340 at the 10th percentile (entry level) to $388,100 at the 90th percentile (experienced). The middle 50% earn between $224,920 and $248,940.
The median annual salary for Psychiatrists in New Mexico is $227,730 as of 2025. The average (mean) salary is $238,260.
What is the salary range for a Psychiatrists in New Mexico?
Salaries for Psychiatrists in New Mexico range from $172,340 at the 10th percentile to $388,100 at the 90th percentile. The middle 50% earn between $224,920 and $248,940.
What is the starting salary for a Psychiatrists in New Mexico?
Entry-level Psychiatrists positions in New Mexico typically start around $172,340 (10th percentile). With some experience, salaries rise to $224,920 (25th percentile).
What is the hourly rate for a Psychiatrists in New Mexico?
Based on a standard 2,080-hour work year, the median hourly rate for a Psychiatrists in New Mexico is approximately $109.49 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.
Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.
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