Psychiatrists Salary in New Mexico (2026)
New Mexico · 12.0% below national average · Medium Demand
| City | Avg Salary | vs National | Demand |
|---|---|---|---|
| Albuquerque | $220,247 | -13.0% | Medium |
New Mexico is home to a moderate job market for Psychiatristss. The state's key industries — Government, Energy, Tourism — generate significant demand for skilled professionals. At $253,158 per year, New Mexico's Psychiatrists salaries are 12.0% lower than the national average.
The cost of living in New Mexico (index: 0.88) makes salaries stretch further than in higher-cost states. Entry-level professionals in New Mexico can expect to earn $101,352–$159,410, while experienced Psychiatristss can command $290,038–$346,954.
Looking ahead, the Psychiatrists profession in New Mexico is projected to grow at 4.2% annually. Major employers are actively hiring, and the state's investment in Government continues to drive new opportunities for qualified candidates.
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What is the average Psychiatrists salary in New Mexico?The average Psychiatrists salary in New Mexico is $253,158 per year in 2026, which is 12.0% below the national average of $287,680.
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What city in New Mexico pays Psychiatristss the most?Major metro areas typically pay Psychiatristss the highest wages in New Mexico due to higher costs of living and competitive job markets.
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Is New Mexico a good state for Psychiatristss?New Mexico has a moderate job market with major industries in Government, Energy, Tourism. Opportunities exist in for Psychiatrists employment.
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How does New Mexico Psychiatrists salary compare to the US average?At $253,158/year, New Mexico Psychiatrists salaries are 12.0% lower than the national average of $287,680/year.