How much does an elementary school teacher make in New Mexico?
The median wage for elementary school teachers in New Mexico is $74,550 a year.
Half earn more than that and half earn less. The figure comes from the Bureau of Labor Statistics occupational wage survey for May 2025.
What is the take-home pay for an elementary school teacher in New Mexico?
On the median wage of $74,550, one filer taking the standard deduction keeps about $58,921 a year, or roughly $4,910 a month.
That is after federal, state and FICA tax, an effective rate of 21%.
New Mexico takes $2,355 of it in state income tax.
Do elementary school teachers earn more in New Mexico than in the rest of the country?
Yes. The median in New Mexico is 16.5% above the national median of $63,970.
Nominal pay is only half the comparison: prices in New Mexico sit at 92.2 against a national 100, so the gap in what the money buys is different from the gap in the salary.
Is $74,550 a good salary in New Mexico?
It is 1.16 times the median household income of $64,059. A household often has more than one earner, so a single salary at this level goes further than the ratio alone suggests.
Prices in New Mexico run at 92.2 against a national average of 100, with rents at 73.6, so $74,550 here buys about what $80,846 buys at national average prices.
What do the highest-paid elementary school teachers earn in New Mexico?
The top tenth earn $86,560 a year or more, against $58,120 at the bottom tenth.
Experience, specialism, employer and the part of New Mexico someone works in all move a wage inside that range; the survey reports the spread, not the reason for it.
How many elementary school teachers are there in New Mexico?
The survey counted 6,210 of these jobs in New Mexico for May 2025.
That makes the occupation 20% less concentrated here than in the country as a whole. It counts wage and salary jobs, so the self-employed are outside it.