Salary · NM · SOC 29-1223

Psychiatrist salary in New Mexico, per year and per hour

BLS data for May 2025. Median, mean, and percentile pay for psychiatrists in New Mexico, with every metro area BLS publishes.

Source: BLS Occupational Employment and Wage Statistics, May 2025 estimates, released May 15, 2026. Publisher page

Quick answer

The median pay for psychiatrists in New Mexico was $227,730 a year, or $109.49 an hour, in May 2025 (BLS). The middle 80% earned $172,340 to $388,100.

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Psychiatrist pay in New Mexico vs the US

Psychiatrist wages in New Mexico and the US, May 2025
Measure	NM annual	NM hourly	US annual
Median (50th percentile)	$227,730	$109.49	$281,870
Mean (average)	$238,260	$114.55	$269,940
10th percentile	$172,340	$82.86	$84,060
25th percentile	$224,920	$108.14	$154,150
75th percentile	$248,940	$119.68	$362,740
90th percentile	$388,100	$186.59	$446,520

Source: BLS Occupational Employment and Wage Statistics, May 2025. Publisher page

Psychiatrist salary by metro area in New Mexico

Psychiatrist median wage by metro area, New Mexico
Metro area	Median annual	Median hourly	Employed
Albuquerque, NM	$236,320	$113.62	Not published

Source: BLS Occupational Employment and Wage Statistics, May 2025. Publisher page

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Psychiatrist salary in New Mexico

Median pay: $227,730 a year ($109.49 an hour)

Middle 80% earn $172,340 to $388,100 a year

BLS OEWS, May 2025. Source: Rivvi

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<div style="font:14px/1.45 system-ui,sans-serif;color:#222;border:1px solid #E6E6EE;border-radius:12px;padding:14px 16px;max-width:360px;background:#fff"><div style="font-weight:600;font-size:15px;margin-bottom:6px">Psychiatrist salary in New Mexico</div><div style="margin:2px 0">Median pay: <strong>$227,730</strong> a year ($109.49 an hour)</div><div style="margin:2px 0">Middle 80% earn $172,340 to $388,100 a year</div><div style="margin-top:8px;font-size:12px;color:#555">BLS OEWS, May 2025. Source: <a href="https://rivvi.ai/salary/psychiatrist/nm" style="color:#3C38C9">Rivvi</a></div></div>

Questions

How much does a Psychiatrist make per hour in New Mexico?

The median hourly wage was $109.49 in May 2025, per BLS. The 10th percentile was $82.86 and the 90th was $186.59.

What is the average Psychiatrist salary in New Mexico?

BLS reports a mean (average) of $238,260 a year and a median of $227,730 for May 2025. The median is the middle wage; the mean is pulled up by the highest earners.

Do psychiatrists in New Mexico earn more than the US median?

The New Mexico median of $227,730 is 19% lower than the US median of $281,870 (BLS, May 2025).

How does New Mexico rank for psychiatrist pay?

New Mexico ranks 35 of 46 states (plus DC) by median annual wage for psychiatrists (BLS, May 2025).

Where do these numbers come from?

The BLS Occupational Employment and Wage Statistics survey, May 2025 estimates, SOC 29-1223. Figures BLS did not publish are left out.