Pharmacist salary in New Mexico
Pharmacists in New Mexico earn a median of $147,000 a year ($70.67 an hour), based on BLS data for 1,730 workers.
Pay ranges from $103,500 for the lowest-paid 10% to $174,200 for the top 10%. That is 4% higher than the national median of $140,910. New Mexico ranks 11th of 51 states for pharmacists pay. There are 2.0 pharmacists per 1,000 jobs here — close to the national average. The average (mean) salary is $143,050, close to the median.
Pay range for pharmacists in New Mexico
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $103,500 | $49.76 |
| 25th percentile | $132,560 | $63.73 |
| Median | $147,000 | $70.67 |
| 75th percentile | $163,540 | $78.63 |
| 90th percentile (top earners) | $174,200 | $83.75 |
| Average (mean) | $143,050 | $68.77 |
Half of pharmacists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $12,250 |
| Semi-monthly (24 a year) | $6,125 |
| Biweekly (26 a year) | $5,653.85 |
| Weekly | $2,826.92 |
| Hourly | $70.67 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Pharmacist salary in cities in New Mexico
| Metro area | Median salary | Workers |
|---|---|---|
| Santa Fe, NM | $150,580 | 110 |
| Farmington, NM | $147,390 | 80 |
| Albuquerque, NM | $147,000 | 1,000 |
| Las Cruces, NM | $135,900 | 120 |
Highest-paying states for pharmacists
| State | Median salary |
|---|---|
| Alaska | $167,310 |
| Oregon | $165,960 |
| California | $164,610 |
| Hawaii | $163,220 |
| Washington | $160,610 |
| Minnesota | $159,740 |
| Colorado | $156,030 |
| District of Columbia | $153,400 |
| Delaware | $152,880 |
| Wisconsin | $148,740 |
Related jobs in New Mexico
| Job | Median salary | Hourly |
|---|---|---|
| Registered Nurse | $94,340 | $45.36 |
| Physicians, All Other | $327,670 | $157.54 |
| Nurse Practitioner | $137,520 | $66.11 |
| Dental Hygienist | $95,940 | $46.12 |
| Physical Therapist | $106,880 | $51.38 |
| Speech-Language Pathologist | $98,690 | $47.45 |
| Occupational Therapist | $99,170 | $47.68 |
| Respiratory Therapist | $68,870 | $33.11 |
| Dentists, General | $155,260 | $74.64 |
| Physician Assistant | $139,920 | $67.27 |
| Family Medicine Physician | $228,040 | $109.64 |
| Dietitians and Nutritionists | $74,730 | $35.93 |
| Veterinarian | $129,390 | $62.21 |
| Emergency Medicine Physician | $405,130 | $194.77 |
More: Healthcare Practitioners and Technical Occupations · all salaries in New Mexico
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 29-1051. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a pharmacist make in New Mexico?
The median salary for pharmacists in New Mexico is $147,000 a year, or $70.67 an hour. Pay ranges from $103,500 for the lowest-paid 10% to $174,200 for the top 10%.
How much do the highest-paid pharmacists make in New Mexico?
The top 10% of pharmacists in New Mexico earn at least $174,200 a year. The top 25% earn $163,540 or more.
What is the starting pay for pharmacists in New Mexico?
Entry-level pay (the 10th percentile) is about $103,500 a year, and a quarter of pharmacists earn $132,560 or less.
How many pharmacists work in New Mexico?
About 1,730 pharmacists are employed in New Mexico, not counting the self-employed.