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.

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.

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

About this dataset

Context

The dataset presents the detailed breakdown of the count of individuals within distinct income brackets, categorizing them by gender (men and women) and employment type - full-time (FT) and part-time (PT), offering valuable insights into the diverse income landscapes within Denmark. The dataset can be utilized to gain insights into gender-based income distribution within the Denmark population, aiding in data analysis and decision-making..

Key observations

• Employment patterns: Within Denmark, among individuals aged 15 years and older with income, there were 1,065 men and 1,037 women in the workforce. Among them, 322 men were engaged in full-time, year-round employment, while 179 women were in full-time, year-round roles.
• Annual income under $24,999: Of the male population working full-time, 2.17% fell within the income range of under $24,999, while 15.08% of the female population working full-time was represented in the same income bracket.
• Annual income above $100,000: none of men in full-time roles earned incomes exceeding $100,000, while 3.91% of women in full-time positions earned within this income bracket.
• Refer to the research insights for more key observations on more income brackets ( Annual income under $24,999, Annual income between $25,000 and $49,999, Annual income between $50,000 and $74,999, Annual income between $75,000 and $99,999 and Annual income above $100,000) and employment types (full-time year-round and part-time)

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:

• $1 to $2,499 or loss
• $2,500 to $4,999
• $5,000 to $7,499
• $7,500 to $9,999
• $10,000 to $12,499
• $12,500 to $14,999
• $15,000 to $17,499
• $17,500 to $19,999
• $20,000 to $22,499
• $22,500 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 $54,999
• $55,000 to $64,999
• $65,000 to $74,999
• $75,000 to $99,999
• $100,000 or more

Variables / Data Columns

• Income Bracket: This column showcases 20 income brackets ranging from $1 to $100,000+..
• Full-Time Males: The count of males employed full-time year-round and earning within a specified income bracket
• Part-Time Males: The count of males employed part-time and earning within a specified income bracket
• Full-Time Females: The count of females employed full-time year-round and earning within a specified income bracket
• Part-Time Females: The count of females employed part-time and earning within a specified income bracket

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.

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 by race. You can refer the same here

In 2023, the amount of gross disposable income in Denmark increased by 9,000 Danish Kroner (+4.35 percent) compared to 2022. With 216,000 Danish Kroner, the amount thereby reached its highest value in the observed period. Notably, the amount in this industry continuously increased over the last years.Find more statistics on gross disposable income in Denmark with key insights such as Gross disposable household income per capita in Copenhagen.

Denmark Personal Income: Disposable Income data was reported at 1,090,666,920.000 DKK th in 2017. This records an increase from the previous number of 1,051,620,050.000 DKK th for 2016. Denmark Personal Income: Disposable Income data is updated yearly, averaging 792,944,048.500 DKK th from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 1,090,666,920.000 DKK th in 2017 and a record low of 590,472,858.000 DKK th in 2000. Denmark Personal Income: Disposable Income data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.H010: Income Statistics: Personal Income.

Disposable Personal Income in Denmark increased to 1385642.60 DKK Million in 2023 from 1311588.75 DKK Million in 2022. This dataset provides - Denmark Households Disposable Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Households Debt in Denmark decreased to 172.07 percent of gross income in 2023 from 174.13 percent in 2022. This dataset provides - Denmark Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Income share held by highest 10% in Denmark was reported at 23.8 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Denmark - Income share held by highest 10% - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Denmark Family Income: Equivalised Disposable Income data was reported at 747,685,491.000 DKK th in 2017. This records an increase from the previous number of 720,241,882.000 DKK th for 2016. Denmark Family Income: Equivalised Disposable Income data is updated yearly, averaging 544,027,296.500 DKK th from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 747,685,491.000 DKK th in 2017 and a record low of 403,134,871.000 DKK th in 2000. Denmark Family Income: Equivalised Disposable Income data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.H009: Income Statistics: Family Income.

Income share held by highest 20% in Denmark was reported at 38.4 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Denmark - Income share held by highest 20% - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Disposable Income Denmark is available at 4-digit postal code level and refers to an individual or household's net income once taxes and other employer deductions are taken into account. In other words, it is the amount of money an individual has for spending on essential and non-essential goods and services.

The house price to income ratio increased slightly in 2023, after plummeting the previous two years. In the third quarter of 2023, the house price to income ratio amounted to 102.7 index points, down from its peak of 122.3 index points in the first quarter of 2021. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Has buying a house in Denmark become more affordable? The decline in the house price to income index is mostly because of a correction in house prices, as shown by the EMF house price index for Denmark. Meanwhile, incomes in the country have continued to grow. However, that does not mean housing is more affordable, as the average mortgage interest rate has soared, making credit much more expensive for homebuyers. What is the average house price in Denmark? In 2023, the average sales price of a single-family house in Denmark was about 2.6 million Danish Kroner. Single-family houses are the most popular dwelling type in the country, followed by multifamily housing units.

Denmark: Income from natural resources, percent of GDP: The latest value from 2021 is 0.34 percent, an increase from 0.16 percent in 2020. In comparison, the world average is 6.83 percent, based on data from 186 countries. Historically, the average for Denmark from 1970 to 2021 is 0.62 percent. The minimum value, 0.06 percent, was reached in 1971 while the maximum of 2.11 percent was recorded in 2008.

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.

Denmark - Income quintile share ratio (S80/S20) was 4.16 in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Income quintile share ratio (S80/S20) - last updated from the EUROSTAT on July of 2025. Historically, Denmark - Income quintile share ratio (S80/S20) reached a record high of 4.61 in December of 2009 and a record low of 3.44 in December of 2006.

Income share held by lowest 10% in Denmark was reported at 3.6 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Denmark - Income share held by lowest 10% - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Denmark: 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 15(2.12%) households where the householder is under 25 years old, 217(30.65%) households with a householder aged between 25 and 44 years, 264(37.29%) households with a householder aged between 45 and 64 years, and 212(29.94%) households where the householder is over 65 years old.
• In Denmark, the age group of 45 to 64 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 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 median household income by age. You can refer the same here

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.