Swedish vs South American Median Household Income
COMPARE
Swedish
South American
Median Household Income
Median Household Income Comparison
Swedes
South Americans
$88,524
MEDIAN HOUSEHOLD INCOME
90.0/ 100
METRIC RATING
134th/ 347
METRIC RANK
$86,824
MEDIAN HOUSEHOLD INCOME
75.1/ 100
METRIC RATING
153rd/ 347
METRIC RANK
Swedish vs South American Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 538,472,836 people shows a significant negative correlation between the proportion of Swedes and median household income in the United States with a correlation coefficient (R) of -0.663 and weighted average of $88,524. Similarly, the statistical analysis conducted on geographies consisting of 493,431,068 people shows a poor negative correlation between the proportion of South Americans and median household income in the United States with a correlation coefficient (R) of -0.188 and weighted average of $86,824, a difference of 2.0%.
Median Household Income Correlation Summary
| Measurement | Swedish | South American |
| Minimum | $14,107 | $36,563 |
| Maximum | $118,333 | $145,121 |
| Range | $104,226 | $108,558 |
| Mean | $75,217 | $82,451 |
| Median | $76,969 | $80,811 |
| Interquartile 25% (IQ1) | $67,408 | $71,448 |
| Interquartile 75% (IQ3) | $89,464 | $92,775 |
| Interquartile Range (IQR) | $22,056 | $21,327 |
| Standard Deviation (Sample) | $18,981 | $17,445 |
| Standard Deviation (Population) | $18,875 | $17,367 |
Demographics Similar to Swedes and South Americans by Median Household Income
In terms of median household income, the demographic groups most similar to Swedes are Immigrants from Sierra Leone ($88,498, a difference of 0.030%), Polish ($88,472, a difference of 0.060%), Sierra Leonean ($88,463, a difference of 0.070%), Arab ($88,398, a difference of 0.14%), and Immigrants from Chile ($88,388, a difference of 0.15%). Similarly, the demographic groups most similar to South Americans are Immigrants from Saudi Arabia ($86,875, a difference of 0.060%), Hungarian ($86,920, a difference of 0.11%), Basque ($87,001, a difference of 0.20%), Immigrants from Nepal ($87,046, a difference of 0.26%), and Costa Rican ($87,262, a difference of 0.51%).
| Demographics | Rating | Rank | Median Household Income |
| Immigrants | Ethiopia | 90.9 /100 | #133 | Exceptional $88,687 |
| Swedes | 90.0 /100 | #134 | Exceptional $88,524 |
| Immigrants | Sierra Leone | 89.9 /100 | #135 | Excellent $88,498 |
| Poles | 89.7 /100 | #136 | Excellent $88,472 |
| Sierra Leoneans | 89.6 /100 | #137 | Excellent $88,463 |
| Arabs | 89.2 /100 | #138 | Excellent $88,398 |
| Immigrants | Chile | 89.2 /100 | #139 | Excellent $88,388 |
| Lebanese | 87.2 /100 | #140 | Excellent $88,091 |
| Immigrants | Morocco | 86.0 /100 | #141 | Excellent $87,930 |
| Canadians | 84.7 /100 | #142 | Excellent $87,769 |
| Danes | 83.9 /100 | #143 | Excellent $87,676 |
| Serbians | 83.0 /100 | #144 | Excellent $87,572 |
| Ugandans | 82.9 /100 | #145 | Excellent $87,557 |
| Immigrants | Uganda | 82.8 /100 | #146 | Excellent $87,553 |
| South American Indians | 81.8 /100 | #147 | Excellent $87,446 |
| Costa Ricans | 80.0 /100 | #148 | Excellent $87,262 |
| Immigrants | Nepal | 77.7 /100 | #149 | Good $87,046 |
| Basques | 77.2 /100 | #150 | Good $87,001 |
| Hungarians | 76.3 /100 | #151 | Good $86,920 |
| Immigrants | Saudi Arabia | 75.8 /100 | #152 | Good $86,875 |
| South Americans | 75.1 /100 | #153 | Good $86,824 |