New Mexico Minimum Wage
What are Minimum Wages in New Mexico?
What's the minimum wage in New Mexico? For entrepreneurs and small business owners with employees, it's important to know whether your state has a minimum wage law. Information on minimum wages can be tough to find so we've done the research for you. Here's the minimum wage for New Mexico.
As of January 1, 2021, minimum wage in New Mexico is $10.50.
New Mexico is one of 45 states that have enacted minimum wage laws. The minimum wage in New Mexico is $3.25 greater than the current Federal minimum wage rate of $7.25.
New Mexico struggled to raise its minimum wage for many years. In 2013, Republican Governor Susana Martinez vetoed an initiative to raise the New Mexico minimum wage to $8.50 per hour. But, ultimately, voters weighed in on the discussion and New Mexico increase its minimum wage.
Please realize that the New Mexico minimum wages cited above may have changed since we posted this minimum wage information. State minimum wages can change because new laws are enacted or because old laws contained scheduled increases. You should also be aware that state law often exempts particular company types, occupations and industries. To get the latest minimum wages for New Mexico, visit www.dol.gov .
Last Updated: January 4, 2021.
Need to find minimum wages by state? Just browse our minimum wages information pages:
Share this article
Additional Resources for Entrepreneurs
Conversation Board
We greatly appreciate any advice you can provide on this topic. Please contribute your insights on this topic so others can benefit.