Denham, MN is a small city located in the Midwest. It has great amenities and locals enjoy a variety of activities such as biking, golfing, and running. There are several local businesses such as G & S Automotive, Denham Animal Clinic, and Town Center Family Dentistry that cater to the needs of each resident. Furthermore, Denham’s cost of living is quite low with rent for two-bedroom homes being $1,040 and grocery costs being 97 versus 100 in the US. Overall, living in Denham is a great option for those looking for affordable housing options within a friendly community.
Denham has an unemployment rate of 7.7%. The US average is 6.0%.
Denham has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Denham
- The Sales Tax Rate for Denham is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Denham is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Denham
- The average income of a Denham resident is $43,396 a year. The US average is $37,638 a year.
- The Median household income of a Denham resident is $102,500 a year. The US average is $69,021 a year.