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.

Wages in Denmark increased to 47601.20 DKK/Month in 2023 from 45992.30 DKK/Month in 2022. This dataset provides - Denmark Average Wages in Private Sector Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Wages in Manufacturing in Denmark increased to 168.50 points in the first quarter of 2025 from 167.90 points in the fourth quarter of 2024. This dataset provides - Denmark Average Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Denmark Household Income per Capita

• Denmark Annual Household Income per Capita reached 47,692.897 USD in Dec 2023, compared with the previous value of 43,432.721 USD in Dec 2022.
• Denmark Annual Household Income per Capita data is updated yearly, available from Dec 2000 to Dec 2023, with an averaged value of 40,479.836 USD.
• The data reached an all-time high of 48,920.219 USD in Dec 2021 and a record low of 21,094.796 USD in Dec 2000.
• In the latest reports, Retail Sales of Denmark grew 0.373 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from Household Income and Total Population and converts it into USD. Statistics Denmark provides Household Income in local currency and Population. Federal Reserve Board average market exchange rate is used for currency conversions.

Key information about Denmark Monthly Earnings

• Denmark Monthly Earnings stood at 6,905 USD in Dec 2023, compared with the previous figure of 6,496 USD in Dec 2022
• Denmark Monthly Earnings data is updated yearly, available from Dec 2009 to Dec 2023, with an average number of 6,602 USD
• The data reached the an all-time high of 7,084 USD in Dec 2021 and a record low of 5,886 USD in Dec 2015

CEIC converts Monthly Earnings into USD. Statistics Denmark provides Average Monthly Earnings in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings prior to 2013 are based on old sector classification.


Further information about Denmark Monthly Earnings

• In the latest reports, Denmark Population reached 6 million people in Dec 2020
• Unemployment Rate of Denmark dropped to 5 % in May 2023
• The country's Labour Force Participation Rate increased to 75 % in Oct 2024

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.

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.

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.

The Average Salary chart presents a clear visualization of the salary progression for graduates from Denmark College from 2020 to 2023, illustrating the yearly average salary trends. Additionally, the chart compares these figures with the overall average salary trends of graduates from all schools, providing a comprehensive view of how Denmark College’s graduates stand in terms of earning potential relative to their peers nationwide. This data is crucial for prospective students assessing the ROI of their education at Denmark College.

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 increased by $10,875 (17.77%), 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 6 years and declined for 7 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

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Denmark township. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Denmark township. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Denmark township, householders within the 45 to 64 years age group have the highest median household income at $122,361, followed by those in the 25 to 44 years age group with an income of $77,344. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $50,147. Notably, householders within the under 25 years age group, had the lowest median household income at $26,406.

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 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

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 by age. You can refer the same here

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Denmark township. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2023

Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Denmark township, the median income for all workers aged 15 years and older, regardless of work hours, was $46,625 for males and $36,538 for females.

These income figures indicate a substantial gender-based pay disparity, showcasing a gap of approximately 22% between the median incomes of males and females in Denmark township. With women, regardless of work hours, earning 78 cents to each dollar earned by men, this income disparity reveals a concerning trend toward wage inequality that demands attention in thetownship of Denmark township.

- Full-time workers, aged 15 years and older: In Denmark township, among full-time, year-round workers aged 15 years and older, males earned a median income of $65,625, while females earned $53,199, leading to a 19% gender pay gap among full-time workers. This illustrates that women earn 81 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.

Remarkably, across all roles, including non-full-time employment, women displayed a similar gender pay gap percentage. This indicates a consistent gender pay gap scenario across various employment types in Denmark township, showcasing a consistent income pattern irrespective of employment status.

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 2023-inflation-adjusted dollars.

Gender classifications include:

• Male
• Female

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2023
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

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 by race. You can refer the same here

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.

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in New Denmark town. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2023

Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In New Denmark town, the median income for all workers aged 15 years and older, regardless of work hours, was $66,528 for males and $33,438 for females.

These income figures highlight a substantial gender-based income gap in New Denmark town. Women, regardless of work hours, earn 50 cents for each dollar earned by men. This significant gender pay gap, approximately 50%, underscores concerning gender-based income inequality in the town of New Denmark town.

- Full-time workers, aged 15 years and older: In New Denmark town, among full-time, year-round workers aged 15 years and older, males earned a median income of $77,237, while females earned $53,571, leading to a 31% gender pay gap among full-time workers. This illustrates that women earn 69 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.

Remarkably, across all roles, including non-full-time employment, women displayed a similar gender pay gap percentage. This indicates a consistent gender pay gap scenario across various employment types in New Denmark town, showcasing a consistent income pattern irrespective of employment status.

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 2023-inflation-adjusted dollars.

Gender classifications include:

• Male
• Female

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2023
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

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 New Denmark town median household income by race. You can refer the same here

In 2023, the average monthly salary for someone in the music profession in Denmark amounted to nearly 44.29 thousand Danish kroner (DKK). Over the documented period, the average salary of musicians, singers, and composers has generally increased.

This statistic displays the average gross monthly salaries in the music and film industry in Denmark in 2018, by type of job and years of experience. It shows that a movie actor without any experience in Denmark earned approximately 28.4 thousand Danish kroner per month. By the time he or she has 20 years of experience, this salary will nearly be ten thousand Danish kroner higher per month.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Denmark town: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 3(0.59%) households where the householder is under 25 years old, 75(14.79%) households with a householder aged between 25 and 44 years, 209(41.22%) households with a householder aged between 45 and 64 years, and 220(43.39%) households where the householder is over 65 years old.
• The age group of 45 to 64 years exhibits the highest median household income, while the largest number of households falls within the 65 years and over bracket. This distribution hints at economic disparities within the town of Denmark town, showcasing varying income levels among different age demographics.

Content

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

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

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 age. 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.