Denmark, WI is a small town in Wisconsin with a population of less than 2000 people. It's known for its rural charm and low cost of living. The median two bedroom rent in Denmark is $950 compared to the US average of $1,430 making it an attractive place to live for those looking to save on rent. The grocery cost index in Denmark is 94 versus 100 in the US, making it even more affordable. Local companies such as Zastrow's Hardware and C&J Auto Repair are staples of the community and provide valuable services to residents. Other popular businesses include Wiechmann Lumber Company, B&L Petroleum, and Denmark Implement Co which services farmers throughout Wisconsin.
Denmark has an unemployment rate of 4.2%. The US average is 6.0%.
Denmark has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 35.7%, which is higher than the US average of 33.5%.
Tax Rates for Denmark
- The Sales Tax Rate for Denmark is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Denmark is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Denmark
- The average income of a Denmark resident is $23,153 a year. The US average is $28,555 a year.
- The Median household income of a Denmark resident is $62,155 a year. The US average is $69,021 a year.