New Mexico: money rules on one page
The pay & local tax, benefits, renting and unemployment answers PayByTown has checked for New Mexico, each with the rule people ask about most and the official source it comes from. Open a topic for the details and the calculator. Last checked .
Pay & local tax
All of pay & local tax- Take-home pay calculator2026 paycheck afterfederal income tax, Social Security, Medicare and New Mexico income taxSource: State revenue departments and statutes, checked
Benefits
All of benefits- SNAP income limitsGross income limit200% of the federal poverty lineSource: New Mexico Health Care Authority: SNAP, checked
- Medicaid & CHIP income limitsMedicaidExpanded: adults up to 138% of povertySource: New Mexico Health Care Authority, checked
Renting
All of renting- Security depositsDeposit back within30 days (see details)Source: NMSA § 47-8-18 as reproduced in 2017 HB 331 (bill died), checked
- Breaking a leaseTenant notice (month-to-month)30 days, ending with a rental periodSource: NM Uniform Owner-Resident Relations Act, NMSA 47-8 (RLD compilation, 2019), checked
- Eviction noticesUnpaid rent notice3 days (pay or move out)Source: NMSA 1978, Chapter 47 (official NMOneSource), checked
- RepairsTime to repair7 daysSource: NMSA 1978 Chapter 47, Article 8 (Uniform Owner-Resident Relations Act), NMOneSource (NM Compilation Commission), checked
- Rent increasesNotice before a rent increase7–30 daysSource: Laws 2025, ch. 122 (SB 267) enacted text, checked
Unemployment
All of unemployment- Unemployment benefitsWeekly benefit$116–$624, up to 26 weeksSource: NMDWS Unemployment, checked
Each rule is published only after it passes our two-of-three source check. This page summarizes; the topic pages have the full rule, exceptions and every citation. General information, not legal or tax advice.