Denmark, ND is a small city located in the United States that has plenty to offer. It is known for its great quality of life, friendly locals and low cost of living. The average rent for a two bedroom home in Denmark is $980, which is significantly lower than the US average at $1,430 per month. Additionally, Denmark has a lower grocery cost index at 95 compared to the US average of 100.
The city also offers plenty of local businesses to patronize such as DD's Farms and Potatoes Plus which both specialize in locally grown produce. Other popular companies include Don’s Auto Repair and Work Street Grocery and Deli which provides delicious deli sandwiches and other treats.
Overall, Denmark is an excellent choice for those looking for a safe and affordable place to call home with plenty of local businesses to support. With its low housing rental costs, low grocery costs and abundance of business opportunities in the area, it’s easy to see why so many people choose Denmark as their home town.
Denmark has an unemployment rate of 6.0%. The US average is 6.0%.
Denmark has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 11.1%, which is lower than the US average of 33.5%.
Tax Rates for Denmark
- The Sales Tax Rate for Denmark is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Denmark is 2.0%. 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 $29,068 a year. The US average is $37,638 a year.
- The Median household income of a Denmark resident is $0 a year. The US average is $69,021 a year.