Employees in the financial and insurance industry received the highest average salary in Denmark in 2022. The average monthly salary in that industry amounted 65,000 Danish kroner that year. Employees in the information and communication industries earned on average 56,000 kroner per month, which was the second highest in Denmark. The lowest average salary was in the trade and transport industry, where it was around 41,500 Danish kroner per month.

People who held a doctorate (PhD) degree earned the highest average monthly salary in Denmark, reaching 67,000 Danish kroner in 2022. People with a master degree had the second highest earning education level in 2022 with almost 61,000 Danish kroner. Meanwhile, people with a primary education had the lowest average earnings in Denmark with around 34,000 Danish kroner per month.

In Denmark, the average monthly earnings increased by nearly 9,300 Danish kroner from 2010 to 2022. By 2022, the average monthly earnings in the country were 46,200 Danish kroner. The highest average monthly earnings are found in the financial and insurance sector.

In Denmark, there are major variations in the earning levels of people with different ancestries. Moreover, during the past 10 years, immigrants from western countries have overtaken people of Danish origin as the group with the highest average annual salaries. In 2022, Danish-born workers had average earnings of nearly 248,000 Danish kroner annually, compared to 284,000 kroner among the western migrants. Meanwhile, both immigrants and descendants of immigrants from non-western countries had the lowest annual salaries. Of the two, non-western descendants had the lowest average salaries, earning 185,000 Danish kroner in 2022. Average salaries of all groups of ancestry increased over the past decade.

Wages in Manufacturing in Denmark decreased to 167.90 points in the fourth quarter of 2024 from 168.90 points in the third quarter of 2024. This dataset provides - Denmark Average Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2022, food preparation assistants was the occupational group with the lowest average monthly salary in Denmark. That year, they earned just below 28,000 Danish kroner per month. Sales workers had the second lowest average salary at 30,000 kroner, followed by cleaners and helpers. By comparison, managers had the highest average salaries in the country, reaching 78,000 kroner.

Employees in the private sector in Denmark generally earn a higher average monthly salary than employees belonging to the public sector. In 2021, men in the private sector earned around 47,800 Danish kroner on average, while women in the private sector earned 42,400 kroner on average. Men also earned a higher monthly salary than women in the public sector that year. The highest average earnings in Denmark are found in the financial and insurance industry.

About this dataset

Context

The dataset presents the median household income across different racial categories in Denmark town. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Denmark town population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 96.78% of the total residents in Denmark town. Notably, the median household income for White households is $68,125. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $68,125.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Denmark town.
• Median household income: Median household income, adjusting for inflation, presented in 2023-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Denmark town median household income by race. You can refer the same here

Chief executives, senior officials, and legislators, is the occupational group in Denmark with the highest average monthly salaries. In 2022, people with this occupation earned 111,500 Danish kroner per month on average. Administrative and commercial managers, who had the second highest average salary, earned around 35,000 kroner less than the former group. Production and specialized services managers followed in third. By comparison, the average monthly earnings in the country was 45,000 Danish kroner in 2021.

Denmark DK: Wages Index data was reported at 111.368 2010=100 in 2017. This records an increase from the previous number of 109.477 2010=100 for 2016. Denmark DK: Wages Index data is updated yearly, averaging 101.807 2010=100 from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 111.368 2010=100 in 2017 and a record low of 84.871 2010=100 in 2005. Denmark DK: Wages Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Denmark – Table DK.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Denmark, SC, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 8,958, while the mean income for the highest quintile (20% of households with the highest income) is 101,219. This indicates that the top earners earn 11 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 129,999, which is 128.43% higher compared to the highest quintile, and 1451.21% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Denmark median household income. You can refer the same here

The Personal Income Tax Rate in Denmark stands at 55.90 percent. This dataset provides - Denmark Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Average Annual Compensation in Manufacturing, National Currency Basis, in Denmark (DISCONTINUED) (DNKANCMN) from 1950 to 2011 about Denmark, compensation, currency, and manufacturing.

About this dataset

Context

The dataset illustrates the median household income in Denmark township, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for Denmark township increased by $13,894 (23.46%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 8 years and declined for 5 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Denmark township median household income. You can refer the same here

About this dataset

Context

The dataset illustrates the median household income in Denmark, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for Denmark decreased by $363 (1.08%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 8 years and declined for 5 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Denmark median household income. You can refer the same here

From 2012 to 2022, the average monthly earnings in the Danish capital Copenhagen increased from 43,300 Danish Kroner to nearly 52,000 Danish kroner, showing an increase of nearly 20 percent over that period. By comparison, people with a bachelor's degree in Denmark had an average monthly salary of 47,700 Danish kroner in 2022.

Annualized average growth rate in per capita real survey mean consumption or income, total population (%) in Denmark was reported at 1.75 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Denmark - Annualized average growth rate in per capita real survey mean consumption or income, total population - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Graph and download economic data for Labor Compensation: Earnings: Private Sector: Hourly for Denmark (LCEAPR01DKA661S) from 1994 to 2022 about Denmark, compensation, earnings, hours, and private.

Denmark - Housing cost overburden rate: Above 60% of median equivalised income was 7.80% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Housing cost overburden rate: Above 60% of median equivalised income - last updated from the EUROSTAT on February of 2025. Historically, Denmark - Housing cost overburden rate: Above 60% of median equivalised income reached a record high of 14.40% in December of 2010 and a record low of 6.50% in December of 2020.

Denmark DK: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data was reported at 88.010 % in 2017. This records a decrease from the previous number of 88.138 % for 2016. Denmark DK: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data is updated yearly, averaging 87.766 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 88.416 % in 2015 and a record low of 85.949 % in 1993. Denmark DK: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Denmark – Table DK.World Bank: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.