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As of August 01, 2026, the average salary for a Psychologist in New Mexico is $97,279 per year, which breaks down to an hourly rate of $47.
However, a Psychologist's salary can vary significantly. Here’s a look at the typical salary range:
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Psychologist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $111,386 | $9,282 | $2,142 | $54 |
| Average | $97,279 | $8,107 | $1,871 | $47 |
| 25th Percentile | $84,573 | $7,048 | $1,626 | $41 |
University of New Mexico - Hospitals - Santa Fe, NM
University of New Mexico - Hospitals - Albuquerque, NM
University of New Mexico - Hospitals - Albuquerque, NM
University of New Mexico - Hospitals - Edgewood, NM
A Psychologist's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Psychologists. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Psychologist roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Biotechnology sectors offer the strongest compensation, at 50% above the average. In contrast, Psychologist positions in Pharmaceuticals or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Psychologist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $145,918 | $70.0 | 50% |
| Biotechnology | $116,735 | $56.0 | 20% |
Understanding how a Psychologist's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $111,386 | $9,282 | $2,142 | $54 |
| Average | $97,279 | $8,107 | $1,871 | $47 |
| 25th Percentile | $84,573 | $7,048 | $1,626 | $41 |
Ready to take the next step in your career? Browse thousands of current Psychologist job openings on our job board. Use the search bar below to find your perfect match.
Kurz Solutions
Mescalero, NM
Kurz Solutions | Mescalero, NM
Clinical Psychologist. The Mescalero tribe's mountainous lands present an abundance of exciting opportunities for outdoor adventures. Hunting, fishing, hik... more
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Sunbelt Staffing
Mesquite, NM
Sunbelt Staffing | Mesquite, NM
Bachelor's or Master's degree in School Psychology, active School Psychologist license and minimum 1years School Psychologist experience required.Applicant... more
3 Days Ago
Headway
La Cienga, NM
Headway | La Cienga, NM
" "" Licensed Clinical Psychologist Wage: Up to $147/hour Licensed Clinical Psychologists — Are you ready to launch or expand your private practice. Headwa... more
3 Days Ago
Headway
Alameda, NM
Headway | Alameda, NM
" "" Licensed Clinical Psychologist Wage: Up to $147/hour Licensed Clinical Psychologists — Are you ready to launch or expand your private practice. Headwa... more
3 Days Ago
University of New Mexico - Hospitals
Los Lunas, NM
University of New Mexico - Hospitals | Los Lunas, NM
Minimum Offer$ 28.32/hr.Maximum Offer$ 35.16/hr.Compensation DisclaimerCompensation for this role is based on a number of factors, including but not limite... more
4 Days Ago
Headway
Alameda, NM
Headway | Alameda, NM
Headway, a pioneering force in mental health services, is seeking a Licensed Clinical Psychologist to join our dedicated team. At Headway, we streamline th... more
17 Days Ago
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