Economy in Denmark, Michigan

Denmark has an unemployment rate of 6.2%. The US average is 3.7%.

Denmark has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.

Tax Rates for Denmark
- The Sales Tax Rate for Denmark is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Denmark is 4.3%. 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 $26,180 a year. The US average is $28,555 a year.
- The Median household income of a Denmark resident is $45,197 a year. The US average is $53,482 a year.