Scandinavian vs South American Median Family Income
COMPARE
Scandinavian
South American
Median Family Income
Median Family Income Comparison
Scandinavians
South Americans
$104,410
MEDIAN FAMILY INCOME
70.8/ 100
METRIC RATING
158th/ 347
METRIC RANK
$101,856
MEDIAN FAMILY INCOME
39.7/ 100
METRIC RATING
179th/ 347
METRIC RANK
Scandinavian vs South American Median Family Income Correlation Chart
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 493,360,337 people shows a mild negative correlation between the proportion of South Americans and median family income in the United States with a correlation coefficient (R) of -0.340 and weighted average of $101,856, a difference of 2.5%.
Median Family Income Correlation Summary
| Measurement | Scandinavian | South American |
| Minimum | $48,750 | $53,167 |
| Maximum | $186,250 | $167,114 |
| Range | $137,500 | $113,947 |
| Mean | $97,868 | $93,843 |
| Median | $98,046 | $91,692 |
| Interquartile 25% (IQ1) | $80,113 | $79,466 |
| Interquartile 75% (IQ3) | $106,098 | $105,899 |
| Interquartile Range (IQR) | $25,985 | $26,433 |
| Standard Deviation (Sample) | $26,299 | $21,858 |
| Standard Deviation (Population) | $26,040 | $21,760 |
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 South Americans by Median Family Income
In terms of median family income, the demographic groups most similar to South Americans are French Canadian ($101,634, a difference of 0.22%), Spaniard ($101,617, a difference of 0.23%), Welsh ($102,151, a difference of 0.29%), Tsimshian ($101,543, a difference of 0.31%), and German ($102,254, a difference of 0.39%).
| Demographics | Rating | Rank | Median Family Income |
| Immigrants | Eritrea | 51.9 /100 | #172 | Average $102,823 |
| Belgians | 51.4 /100 | #173 | Average $102,788 |
| Finns | 50.0 /100 | #174 | Average $102,676 |
| Immigrants | Eastern Africa | 47.1 /100 | #175 | Average $102,451 |
| French | 46.1 /100 | #176 | Average $102,368 |
| Germans | 44.6 /100 | #177 | Average $102,254 |
| Welsh | 43.3 /100 | #178 | Average $102,151 |
| South Americans | 39.7 /100 | #179 | Fair $101,856 |
| French Canadians | 37.0 /100 | #180 | Fair $101,634 |
| Spaniards | 36.8 /100 | #181 | Fair $101,617 |
| Tsimshian | 35.9 /100 | #182 | Fair $101,543 |
| Kenyans | 34.5 /100 | #183 | Fair $101,417 |
| Immigrants | Costa Rica | 33.7 /100 | #184 | Fair $101,354 |
| Dutch | 31.9 /100 | #185 | Fair $101,192 |
| Celtics | 31.3 /100 | #186 | Fair $101,139 |