Pharmacists Pay Range in New Mexico
Pay distribution across experience levels
- 10th Percentile — Entry Level$103,500
- 25th Percentile — Junior$132,560
- 50th Percentile — Median$147,000
- 75th Percentile — Senior$163,540
- 90th Percentile — Top Earners$174,200
Half of Pharmacists in New Mexico earn more than $147,000. The top 10% make $174,200 or more, while entry-level workers start around $103,500.
Pharmacists in New Mexico: Key Facts
Source: BLS OEWS May 2025
- New Mexico ranks 11th of 51 states for Pharmacists pay, at $143,050 per year (1.5% above the U.S. average of $140,920).
- 1,730 people work as Pharmacists in New Mexico — 0.5% of all U.S. Pharmacists jobs.
- Location quotient 0.96: Pharmacists jobs are less concentrated in New Mexico than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $103,500; the top 10% earn over $174,200.
- Hourly equivalent: $68.77 per hour (2,080 hours/year).
- The highest-paying state is California at $162,340.
- Among healthcare jobs in New Mexico, Emergency Medicine Physicians pays the most ($360,410).
Pharmacists Job Market in New Mexico
Key factors affecting compensation
New Mexico's key industries are Government, Energy, Tourism, and its job market is rated moderate. Pharmacists here earn $143,050 on average, placing the state 11th nationally.
With a cost-of-living index of 0.88 (U.S. = 1.00), a New Mexico salary of $143,050 is roughly equivalent to $162,557 at the national average cost of living.
Compared with nearby states in the pay ranking, Delaware ($147,290), Minnesota ($147,060), Wisconsin ($146,010) are the closest alternatives for Pharmacists weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Healthcare Jobs in New Mexico
Related career salary benchmarks
- Emergency Medicine Physicians $360,410/yr New Mexico +151.9% vs this role
- Surgeons All Other $335,940/yr New Mexico +134.8% vs this role
- Anesthesiologists $325,930/yr New Mexico +127.8% vs this role
- Physicians All Other $318,330/yr New Mexico +122.5% vs this role
- Obstetricians and Gynecologists $278,630/yr New Mexico +94.8% vs this role
- Psychiatrists $238,260/yr New Mexico +66.6% vs this role
- Family Medicine Physicians $238,170/yr New Mexico +66.5% vs this role
- Pediatricians General $216,420/yr New Mexico +51.3% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Pharmacists salary in New Mexico?
The average Pharmacists salary in New Mexico is $143,050 per year (median $147,000), which is 1.5% above the national average of $140,920.
How does New Mexico rank for Pharmacists pay?
New Mexico ranks 11th out of 51 states. The highest-paying state is California ($162,340/yr).
How much do entry-level Pharmacists make in New Mexico?
The lowest-paid 10% of Pharmacists in New Mexico earn about $103,500 per year and the 25th percentile is $132,560.
How much do Pharmacists make per hour in New Mexico?
About $68.77 per hour, based on the $143,050 annual average and 2,080 working hours per year.
How many Pharmacists work in New Mexico?
BLS counts 1,730 Pharmacists jobs in New Mexico (OEWS May 2025).
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