SalaryVista

Family Medicine Physicians Salary Guide for New Mexico

family medicine physicians working in New Mexico earn an average of $217,190.00 per year, based on the latest available data.

Key Statistics

Total Employment
450
Annual Mean Salary
$217,190.00
Hourly Rate
$104.42
Estimated Monthly*
$16,707.20
*Based on 40-hour work week

New Mexico vs National Salary Trends

The chart below compares New Mexico's family medicine physicians salaries against national figures. This comparison helps you understand if New Mexico offers competitive compensation and how local market conditions affect wages in this field.

While New Mexico shows an upward salary trend for family medicine physicians, it remains below the national average. However, the positive trajectory indicates potential for growth in the future.

Local Market Analysis

Salaries for family medicine physicians can vary significantly within New Mexico. The breakdown below shows how compensation differs across metropolitan and rural areas, helping you identify the most financially rewarding locations in the state.

Northern New Mexico nonmetropolitan area

Annual Mean Salary
$275,900.00
Hourly Rate
$132.64
Employment
60 professionals
script

Albuquerque

Annual Mean Salary
$222,990.00
Hourly Rate
$107.21
Employment
160 professionals
script

Eastern New Mexico nonmetropolitan area

Annual Mean Salary
$208,950.00
Hourly Rate
$100.46
Employment
90 professionals
script

Las Cruces

Annual Mean Salary
$191,470.00
Hourly Rate
$92.05
Employment
90 professionals
script

Santa Fe

Annual Mean Salary
$183,930.00
Hourly Rate
$88.43
Employment
40 professionals
script

Data Source: All salary information is obtained from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics program. This data represents the most recent national employment and wage estimates for over 800 occupations. Note: Salary data is updated annually by the BLS. Regional variations may exist due to differences in cost of living, industry concentration, and local market conditions.