Asian vs Scandinavian Median Family Income
COMPARE
Asian
Scandinavian
Median Family Income
Median Family Income Comparison
Asians
Scandinavians
$119,955
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
32nd/ 347
METRIC RANK
$104,410
MEDIAN FAMILY INCOME
70.8/ 100
METRIC RATING
158th/ 347
METRIC RANK
Asian vs Scandinavian Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 549,758,807 people shows a mild positive correlation between the proportion of Asians and median family income in the United States with a correlation coefficient (R) of 0.364 and weighted average of $119,955. Similarly, the statistical analysis conducted on geographies consisting of 472,034,552 people shows a poor negative correlation between the proportion of Scandinavians and median family income in the United States with a correlation coefficient (R) of -0.140 and weighted average of $104,410, a difference of 14.9%.
Median Family Income Correlation Summary
| Measurement | Asian | Scandinavian |
| Minimum | $58,163 | $48,750 |
| Maximum | $250,001 | $186,250 |
| Range | $191,838 | $137,500 |
| Mean | $133,077 | $97,868 |
| Median | $128,500 | $98,046 |
| Interquartile 25% (IQ1) | $115,250 | $80,113 |
| Interquartile 75% (IQ3) | $150,323 | $106,098 |
| Interquartile Range (IQR) | $35,073 | $25,985 |
| Standard Deviation (Sample) | $33,384 | $26,299 |
| Standard Deviation (Population) | $33,269 | $26,040 |
Similar Demographics by Median Family Income
Demographics Similar to Asians by Median Family Income
In terms of median family income, the demographic groups most similar to Asians are Immigrants from France ($120,076, a difference of 0.10%), Bhutanese ($119,800, a difference of 0.13%), Immigrants from Sri Lanka ($120,263, a difference of 0.26%), Latvian ($120,301, a difference of 0.29%), and Bolivian ($119,479, a difference of 0.40%).
| Demographics | Rating | Rank | Median Family Income |
| Turks | 100.0 /100 | #25 | Exceptional $121,202 |
| Immigrants | Switzerland | 100.0 /100 | #26 | Exceptional $120,726 |
| Russians | 100.0 /100 | #27 | Exceptional $120,487 |
| Immigrants | Denmark | 100.0 /100 | #28 | Exceptional $120,445 |
| Latvians | 100.0 /100 | #29 | Exceptional $120,301 |
| Immigrants | Sri Lanka | 100.0 /100 | #30 | Exceptional $120,263 |
| Immigrants | France | 100.0 /100 | #31 | Exceptional $120,076 |
| Asians | 100.0 /100 | #32 | Exceptional $119,955 |
| Bhutanese | 100.0 /100 | #33 | Exceptional $119,800 |
| Bolivians | 100.0 /100 | #34 | Exceptional $119,479 |
| Soviet Union | 100.0 /100 | #35 | Exceptional $119,262 |
| Israelis | 100.0 /100 | #36 | Exceptional $118,577 |
| Australians | 100.0 /100 | #37 | Exceptional $118,440 |
| Immigrants | Turkey | 100.0 /100 | #38 | Exceptional $118,325 |
| Immigrants | Asia | 100.0 /100 | #39 | Exceptional $118,291 |
Demographics Similar to Scandinavians by Median Family Income
In terms of median family income, the demographic groups most similar to Scandinavians are Swiss ($104,396, a difference of 0.010%), Moroccan ($104,488, a difference of 0.080%), Scottish ($104,288, a difference of 0.12%), Icelander ($104,282, a difference of 0.12%), and Basque ($104,760, a difference of 0.34%).
| Demographics | Rating | Rank | Median Family Income |
| Peruvians | 80.4 /100 | #151 | Excellent $105,444 |
| Immigrants | Albania | 79.1 /100 | #152 | Good $105,285 |
| Slavs | 77.9 /100 | #153 | Good $105,144 |
| Immigrants | Nepal | 76.3 /100 | #154 | Good $104,966 |
| Native Hawaiians | 75.8 /100 | #155 | Good $104,910 |
| Basques | 74.4 /100 | #156 | Good $104,760 |
| Moroccans | 71.6 /100 | #157 | Good $104,488 |
| Scandinavians | 70.8 /100 | #158 | Good $104,410 |
| Swiss | 70.7 /100 | #159 | Good $104,396 |
| Scottish | 69.5 /100 | #160 | Good $104,288 |
| Icelanders | 69.4 /100 | #161 | Good $104,282 |
| Immigrants | Sierra Leone | 66.2 /100 | #162 | Good $103,990 |
| Costa Ricans | 66.2 /100 | #163 | Good $103,989 |
| Sierra Leoneans | 64.7 /100 | #164 | Good $103,859 |
| Slovaks | 63.1 /100 | #165 | Good $103,729 |