Scandinavian vs Chinese Median Family Income

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. Similarly, the statistical analysis conducted on geographies consisting of 64,799,903 people shows a slight negative correlation between the proportion of Chinese and median family income in the United States with a correlation coefficient (R) of -0.051 and weighted average of $116,188, a difference of 11.3%.

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%).

In terms of median family income, the demographic groups most similar to Chinese are Immigrants from Czechoslovakia ($116,165, a difference of 0.020%), Immigrants from South Africa ($116,286, a difference of 0.080%), Immigrants from Malaysia ($115,880, a difference of 0.27%), Maltese ($115,862, a difference of 0.28%), and Immigrants from Norway ($115,847, a difference of 0.29%).