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Locum Physician Compensation in New Mexico

Survey benchmarks by specialty and facility setting. Compact state — multi-state license eligible.

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New Mexico — Benchmark Rates by Specialty

Median hourly rates in $/hr. Region: Southwest.

New Mexico locum physician benchmark rates by specialty
SpecialtyUrban Hospital — MedianUrban MedianRural / Critical Access — MedianRural Median
Anesthesiology$344/hr$397/hr
Cardiology$308/hr$268/hr
Dermatology$407/hr$354/hr
Emergency Medicine$275/hr$298/hr
Family Medicine$154/hr$178/hr
Gastroenterology$395/hr$413/hr
General Surgery$397/hr$346/hr
Hematology-Oncology$432/hr$452/hr
Hospitalist$203/hr$234/hr
Internal Medicine$159/hr$180/hr
Neonatology$212/hr$253/hr
Neurology$351/hr$387/hr
Obstetrics & Gynecology$284/hr$320/hr
Orthopedic Surgery$510/hr$443/hr
Otolaryngology (ENT)$300/hr$314/hr
Pain Management$367/hr$383/hr
Pathology$378/hr$329/hr
Pediatrics$160/hr$177/hr
Physical Medicine & Rehabilitation$197/hr$206/hr
Psychiatry$215/hr$266/hr
Radiology$404/hr$352/hr
Urology$389/hr$407/hr

Highest-Paying Specialties in New Mexico

Urban median hourly rate

SpecialtyUrban Median
Orthopedic Surgery$415/hr
Neurology$412/hr
Pain Management$412/hr
Radiology$404/hr
Hematology-Oncology$395/hr

New Mexico Market Overview

State income tax: 5.9% top marginal rate.

New Mexico has one of the largest physician shortages relative to its population in the Southwest. The University of New Mexico Health Sciences Center in Albuquerque is the sole academic medical center, serving as the safety net for the entire state. Rural communities, Pueblo tribal nations, Navajo Nation territory, and the border region with Mexico all have severe physician deficits across primary care, OB/GYN, and emergency medicine. Despite a lower cost of living, shortage premiums push locum rates meaningfully above state baseline figures in rural and tribal settings.

Licensing: New Mexico participates in the Interstate Medical Licensure Compact (IMLC). A compact license held in another state can be used in New Mexico without a separate NM license application.