Tax Rates 2024 New Mexico. Stay informed about tax regulations and calculations in new mexico in 2024. This page has the latest new mexico brackets and tax rates, plus a new mexico income tax calculator.
Lowest sales tax (5.25%) highest sales tax (9.4375%) new mexico sales tax: Medicare (1.45% to 2.35%) on average, approximately 20% to 40% of your paycheck in new mexico will go towards taxes.