Scandinavian vs Immigrants from Bahamas 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 104,583,914 people shows a slight negative correlation between the proportion of Immigrants from Bahamas and median family income in the United States with a correlation coefficient (R) of -0.080 and weighted average of $84,732, a difference of 23.2%.

Median Family Income Correlation Summary

Measurement	Scandinavian	Immigrants from Bahamas
Minimum	$48,750	$37,231
Maximum	$186,250	$127,688
Range	$137,500	$90,457
Mean	$97,868	$76,834
Median	$98,046	$76,465
Interquartile 25% (IQ1)	$80,113	$61,742
Interquartile 75% (IQ3)	$106,098	$90,302
Interquartile Range (IQR)	$25,985	$28,560
Standard Deviation (Sample)	$26,299	$18,260
Standard Deviation (Population)	$26,040	$18,087

Similar Demographics by Median Family Income

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

Demographics Similar to Immigrants from Bahamas by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Bahamas are Choctaw ($84,835, a difference of 0.12%), Cuban ($84,981, a difference of 0.29%), Honduran ($85,004, a difference of 0.32%), Apache ($84,451, a difference of 0.33%), and Immigrants from Central America ($85,050, a difference of 0.37%).

Demographics	Rating \| Rank	Median Family Income
Chickasaw	0.0 /100 \| #307	Tragic $85,356
U.S. Virgin Islanders	0.0 /100 \| #308	Tragic $85,294
Haitians	0.0 /100 \| #309	Tragic $85,218
Immigrants \| Central America	0.0 /100 \| #310	Tragic $85,050
Hondurans	0.0 /100 \| #311	Tragic $85,004
Cubans	0.0 /100 \| #312	Tragic $84,981
Choctaw	0.0 /100 \| #313	Tragic $84,835
Immigrants \| Bahamas	0.0 /100 \| #314	Tragic $84,732
Apache	0.0 /100 \| #315	Tragic $84,451
Immigrants \| Haiti	0.0 /100 \| #316	Tragic $84,018
Yakama	0.0 /100 \| #317	Tragic $83,932
Immigrants \| Mexico	0.0 /100 \| #318	Tragic $83,639
Immigrants \| Honduras	0.0 /100 \| #319	Tragic $83,618
Seminole	0.0 /100 \| #320	Tragic $83,354
Immigrants \| Caribbean	0.0 /100 \| #321	Tragic $83,319