Psychiatrist Salary in New Mexico
State-level salary data from BLS OES and H-1B filings
Data year: 2025 · Last updated: October 2026
Median Annual Salary (NM)
$227,730
$109.49/hr
vs National Average
$257,685
-11.6% vs national median
Salary Range (10th–90th)
$172K – $388K
Salary Distribution — Psychiatrist in New Mexico
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $172,340 |
| 25th percentile | $224,920 |
| Median (50th percentile) | $227,730 |
| 75th percentile | $248,940 |
| 90th percentile | $388,100 |
Top-Paying Industries for Psychiatrist (U.S.)
Which industries pay Psychiatrists the most — nationwide figures (industry-level data is not available by state). Psychiatrists in New Mexico tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Government (excl. schools, hospitals & USPS) | $305,530 | 3K |
| Management of Companies and Enterprises | $300,030 | 90 |
| Health Care and Social Assistance | $286,770 | 23K |
| Administrative and Support Services | $280,010 | 70 |
| Professional, Scientific, and Technical Services | $188,090 | 240 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Psychiatrist in New Mexico vs National
| Year | Median Salary (New Mexico) |
|---|---|
| 2025 | $227,730 |
| 2026 (projected) | $234,562 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | New Mexico Median | National Median |
|---|---|---|
| 2025 | $227,730 | $257,685 |
| 2026 (projected) | $234,562 | $265,416 |
Psychiatrist Salary by Experience Level in New Mexico
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $224,920 |
| Mid-level | 3-5 yrs | $227,730 |
| Senior | 6-9 yrs | $248,940 |
| Staff / Lead | 10+ yrs | $388,100 |
Psychiatrist Salary in Other States
Related Psychiatrist Salaries in New Mexico
How other high-demand occupations in New Mexico compare to Psychiatrist ($227,730 median).
| Occupation | Median Salary | vs Psychiatrist | Hourly |
|---|---|---|---|
| Emergency Medicine Physician in NM | $405,130 | +77.9% | $194.77/hr |
| Anesthesiologist in NM | $393,970 | +73.0% | $189.41/hr |
| Surgeon in NM | $363,940 | +59.8% | $174.97/hr |
| Obstetrician and Gynecologist in NM | $259,990 | +14.2% | $125.00/hr |
| Family Medicine Physician in NM | $228,040 | +0.1% | $109.63/hr |
| Podiatrist in NM | $202,690 | -11.0% | $97.45/hr |
| Pediatrician in NM | $202,390 | -11.1% | $97.30/hr |
| Dentist in NM | $155,260 | -31.8% | $74.64/hr |
| Pharmacist in NM | $147,000 | -35.4% | $70.67/hr |
| Optometrist in NM | $144,660 | -36.5% | $69.55/hr |
| Physician Assistant in NM | $139,920 | -38.6% | $67.27/hr |
| Nurse Practitioner in NM | $137,520 | -39.6% | $66.12/hr |