Salaries › School Principal › New Mexico
School Principal Salary in New Mexico (2026)
— per hour · take-home ≈ $80,664/year ($6,722/month) for a single filer
School Principal pay range in New Mexico
| Percentile | Annual wage | Meaning |
| 10th percentile (entry) | $83,860 | Lowest-paid 10% earn less than this |
| 25th percentile | $98,970 | A quarter earn less |
| Median (50th) | $107,720 | Half earn more, half earn less |
| 75th percentile | $129,070 | Top quarter starts here |
| 90th percentile (top) | $133,580 | Highest-paid 10% earn more than this |
BLS reports 2,290 School Principal jobs in New Mexico (occupation code 11-9032, “Education Administrators, Kindergarten through Secondary”).
Gross vs. take-home in New Mexico
A median School Principal salary of $107,720 doesn’t all reach your bank account. After federal income tax, Social Security, and Medicare, plus New Mexico state income tax, a single filer keeps about $80,664 — an effective tax rate of 25.1%.
| Gross (median) | $107,720 |
| Federal income tax | −$14,868 |
| Social Security + Medicare | −$8,241 |
| New Mexico state income tax | −$3,947 |
| Take-home (annual) | $80,664 |
| Take-home (monthly) | $6,722 |
Want your exact numbers — married, 401(k), different salary? Use the free New Mexico paycheck calculator on PaycheckTally.
Frequently asked questions
- How much does a School Principal make in New Mexico?
- The median School Principal salary in New Mexico is $107,720 per year (— per hour) according to the latest BLS data. The middle 50% earn between $98,970 and $129,070.
- What is the take-home pay for a School Principal in New Mexico?
- On the median salary of $107,720, a single filer in New Mexico takes home about $80,664 per year ($6,722 per month) after federal tax, FICA, and state income tax — an effective tax rate of 25.1%.
- How many School Principal jobs are there in New Mexico?
- BLS counts 2,290 School Principal jobs in New Mexico in the latest survey (May 2025).
Top-paying states for School Principals
Other salaries in New Mexico
Sources and methodology
Wage and employment figures: BLS OEWS May 2025 (state file, released April 2026) — the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey, the most authoritative public salary dataset. Take-home estimate: 2026 federal brackets, FICA, and verified New Mexico state tax rules (single filer, standard deduction, no credits or local taxes). Estimates only — not financial advice.
- BLS OEWS — official occupational wage data.
- PaycheckTally — interactive 2026 take-home calculator for New Mexico.