Scandinavian vs Northern European 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 405,831,688 people shows a slight negative correlation between the proportion of Northern Europeans and median family income in the United States with a correlation coefficient (R) of -0.088 and weighted average of $110,635, a difference of 6.0%.

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 Northern Europeans are Immigrants from Southern Europe ($110,614, a difference of 0.020%), Immigrants from Argentina ($110,873, a difference of 0.21%), Immigrants from Lebanon ($110,159, a difference of 0.43%), Immigrants from Kazakhstan ($110,137, a difference of 0.45%), and Korean ($110,103, a difference of 0.48%).