Scandinavian vs Venezuelan Median Family Income
COMPARE
Scandinavian
Venezuelan
Median Family Income
Median Family Income Comparison
Scandinavians
Venezuelans
$104,410
MEDIAN FAMILY INCOME
70.8/ 100
METRIC RATING
158th/ 347
METRIC RANK
$96,281
MEDIAN FAMILY INCOME
3.7/ 100
METRIC RATING
223rd/ 347
METRIC RANK
Scandinavian vs Venezuelan 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 306,049,967 people shows a poor negative correlation between the proportion of Venezuelans and median family income in the United States with a correlation coefficient (R) of -0.131 and weighted average of $96,281, a difference of 8.4%.
Median Family Income Correlation Summary
| Measurement | Scandinavian | Venezuelan |
| Minimum | $48,750 | $47,465 |
| Maximum | $186,250 | $178,821 |
| Range | $137,500 | $131,356 |
| Mean | $97,868 | $93,300 |
| Median | $98,046 | $91,055 |
| Interquartile 25% (IQ1) | $80,113 | $78,904 |
| Interquartile 75% (IQ3) | $106,098 | $98,659 |
| Interquartile Range (IQR) | $25,985 | $19,755 |
| Standard Deviation (Sample) | $26,299 | $24,946 |
| Standard Deviation (Population) | $26,040 | $24,759 |
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 Venezuelans by Median Family Income
In terms of median family income, the demographic groups most similar to Venezuelans are Nonimmigrants ($96,231, a difference of 0.050%), Immigrants from Nigeria ($96,439, a difference of 0.16%), Vietnamese ($96,123, a difference of 0.16%), Immigrants from Ghana ($96,544, a difference of 0.27%), and Sudanese ($96,783, a difference of 0.52%).
| Demographics | Rating | Rank | Median Family Income |
| Immigrants | Bosnia and Herzegovina | 6.4 /100 | #216 | Tragic $97,432 |
| Japanese | 6.0 /100 | #217 | Tragic $97,288 |
| Immigrants | Cambodia | 5.8 /100 | #218 | Tragic $97,222 |
| Delaware | 5.1 /100 | #219 | Tragic $96,958 |
| Sudanese | 4.7 /100 | #220 | Tragic $96,783 |
| Immigrants | Ghana | 4.2 /100 | #221 | Tragic $96,544 |
| Immigrants | Nigeria | 4.0 /100 | #222 | Tragic $96,439 |
| Venezuelans | 3.7 /100 | #223 | Tragic $96,281 |
| Immigrants | Nonimmigrants | 3.6 /100 | #224 | Tragic $96,231 |
| Vietnamese | 3.4 /100 | #225 | Tragic $96,123 |
| Immigrants | Panama | 2.7 /100 | #226 | Tragic $95,647 |
| Alaska Natives | 2.6 /100 | #227 | Tragic $95,573 |
| Immigrants | Azores | 2.4 /100 | #228 | Tragic $95,402 |
| Marshallese | 2.2 /100 | #229 | Tragic $95,293 |
| Malaysians | 2.2 /100 | #230 | Tragic $95,230 |